Audax Charitable Foundation Inc

Private foundation · Grantmaker Boston, MA EIN: 92-1198099

Audax Charitable Foundation Inc is a private foundation, based in Boston, MA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grant totaling $3K. Net investment income was $21K.

Key facts about Audax Charitable Foundation Inc

In short: Audax Charitable Foundation Inc gave $3K across 1 grant in 2024 (avg $3K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
92-1198099
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,500
Grants made (2024)
1
Average grant
$2,500
Median grant
$2,500
Total assets
$1,735,698
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+147.7% YoY

Annual Giving

$3K

Grant Count

1

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Audax Charitable Foundation Inc reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

How Audax Charitable Foundation Inc gives

  • In 2024 it paid out 337% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

Boston

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

CASA Myrna Vazquez Inc: $3KCASA Myrna Vazquez Inc$3K

The largest 2024 recipient was CASA Myrna Vazquez Inc ($3K).

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CASA Myrna Vazquez Inc Boston, MAGeneral Support$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2022 2023 2024
Metric202420232022
Total Assets$1,735,698$700,799—
Revenue$1,255,140$864,551$17,313
Expenses$220,241$163,752$17,313
Qualifying Distributions$189,084$159,676$17,313
Net Investment Income$20,500——
Distributable Amount$56,133$15,569—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Audax Charitable Foundation Inc is led by Pamela F Martin, President & Director on every filing since 2022; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Pamela F Martin

    President & Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • David Goldenheim

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Nidhi Mitra

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Charles Stones

    Treasurer & Clerk

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Alicia Alexander (2022–2023) — Vice President
  • Former: Michael C Fondo (2022–2023) — Treasurer
  • Former: Tamarah Belczyk (2022–2023) — Clerk

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Audax Charitable Foundation Inc

How much does Audax Charitable Foundation Inc give each year?

Audax Charitable Foundation Inc gave $3K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

How large is Audax Charitable Foundation Inc?

Audax Charitable Foundation Inc reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $189K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets).

Where does Audax Charitable Foundation Inc operate?

Audax Charitable Foundation Inc has awarded grants in Massachusetts.

What is Audax Charitable Foundation Inc's EIN?

Audax Charitable Foundation Inc's EIN (Employer Identification Number) is 92-1198099. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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