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.

Audax Charitable Foundation Inc at a glance

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

Annual giving (2024)
$2,500
Grants made (2024)
1
Average grant
$2,500
Median grant
$2,500
Total assets
$1,735,698
+147.7% vs 2023
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Audax Charitable Foundation Inc funds

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%).

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

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.

Giving History

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.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
CASA Myrna Vazquez Inc Boston, MAGeneral Support$2,500
Your AI grants department

Ready to take the next step with Audax Charitable Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,735,698$1,255,140$220,241$2,5001$189,084$20,500$56,133
2023$700,799$864,551$163,752——$159,676—$15,569
2022—$17,313$17,313——$17,313——

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.

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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

Explore Open Grants

Browse active grant opportunities in Audax Charitable Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Eastern Cambridge Foundation

Wakefield, MA

Eastern Cambridge Foundation has historically made grants in Massachusetts, but it is dissolving and transferring its assets to Eastern Bank Foundation; its 2025 filing reports a one-time $5.5 million transfer, not a typical ongoing grant size. The filing says to contact the foundation for application materials and does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$15K

Grants

1

Total Given

$5.5M

Marion L Decrow Foundation

Boston, MA

Assets

$1.3M

Grants

9

Total Given

$66K

Svrluga Foundation

Spokane Valley, WA

The foundation’s 2022 grants supported education, racial diversity, domestic violence prevention, homelessness, food assistance, and outdoor education, with $7,500 described as a typical grant (2022 awards ranged from $5,000 to $17,500). It funded U.S. organizations, with 2022 grants going to recipients in Massachusetts, Iowa, Minnesota, Washington, and Virginia. It did not accept unsolicited requests and gave only to preselected organizations; its latest filing is from 2022, and it appears to have stopped grantmaking.

Assets

$2.3M

Grants

10

Total Given

$88K

The Bobby and Peggy O'Connor Foundation

Brewster, MA

The Bobby and Peggy O’Connor Foundation supports charitable organizations across areas including arts, health, food assistance, housing, and culture; its 2024 grants went to Massachusetts recipients. Grants ranged from $5,000 to $25,000, with a median of $10,000. The foundation states no application form or deadline and does not restrict giving to preselected organizations, but does not explicitly say whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.5M

Grants

13

Total Given

$175K

F W & C S Adams Memorial Fund

Dallas, TX

The fund supports education, human services, and health care programs serving underserved populations, with recent grants focused on Massachusetts organizations. Grants typically fall near $15,000, though recent awards ranged from $10,000 to $172,500. It does not limit giving to preselected organizations; application materials are available through Bank of America.

Assets

$14.2M

Grants

23

Total Given

$690K

Franklin Square House Foundation Inc

Belmont, MA

The Foundation funds capital projects for affordable housing and childcare, especially transitional or permanent housing and shelters for women and families, and childcare centers. Its 2025 grants ranged from about $10,000 to $116,000, with a median near $50,000; it funds projects in eligible parts of Massachusetts. Applicants must first speak with the Executive Director and receive approval before submitting an application.

Assets

$22.9M

Grants

25

Total Given

$1.2M

More similar funders

More Funders in Massachusetts

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Audax Charitable Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Audax Charitable Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?