Caridad Corporation
Caridad Corporation is a private foundation based in Excelsior, Minnesota. Established in 1987, the organization operates as a 501(c)(3) grantmaking foundation with no employees. The foundation supports a diverse range of charitable organizations across multiple states and cause areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$150K
+22.5% YoY
Annual Giving
$92K
-16.2% YoY
Grant Count
38
-20.8% YoY
Avg Grant Size
$2K
+5.8% YoY
Grantmaking
Caridad Corporation distributes grants to further the tax-exempt purposes of charitable organizations. In 2023, the foundation awarded grants to 72 charitable organizations, with a total giving amount of $109,400.
Grant Range
$50 to $50,000
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $122,331
- Total revenues: $200,986
- Total expenses: $115,739
- Total grants, contributions, etc.: $126,864
- Investment income and dividends: $5,969
Year-over-year comparison (2023 vs. 2022):
- Grants and contributions decreased 4.9% ($126,864 in 2023 vs. $133,359 in 2022)
- Investment income increased 20.8% ($5,969 in 2023 vs. $4,941 in 2022)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $149,900 | $122,331 | $104,636 |
| Revenue | $200,495 | $200,986 | $312,651 |
| Expenses | $96,091 | $115,739 | $194,739 |
| Qualifying Distributions | $91,650 | $109,400 | $174,990 |
| Net Investment Income | $65,005 | $70,073 | $160,759 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
234 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Minneapolis Heart Institute Foundation ($25,000), Carver Scott Humane Society ($10,500), Center of the American Experiment ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIANCE HOUSING INC MINNEAPOLIS, MN | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $2,500 |
| ALPHA NU TRUST FUND GREENWOOD, MN | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $250 |
| AMERICAN CANCER SOCIETY OKLAHOMA, OK | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $500 |
| CAPITAL RESEARCH CENTER WASHINGOTN, DC | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $500 |
| CARVER SCOTT HUMANE SOCIETY CHASKA, MN | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $10,500 |
| CATO INSTITUTE WASHINGTON, DC | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $2,000 |
| CENTER OF THE AMERICAN EXPERIMENT GOLDEN VALLEY, MN | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $10,000 |
| CFACT WASHINGTON, DC | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $1,000 |
| COLLEGE POSSIBLE ST PAUL, MN | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $1,000 |
| COMMUNITY EMERGENCY SERVICES MINNEAPOLIS, MN | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY | $1,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Thomas P. Lowe — President
- Thomas P. Lowe III — Treasurer (20 hours per week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS P LOWE | PRESIDENT | — | — |
| THOMAS P LOWE III | TREASURER | 20 | — |
Contact Information
Address: 2630 W Lafayette Road Excelsior, MN 55331
Phone: (612) 803-6192
Frequently Asked Questions
How do I apply for a grant from Caridad Corporation?
Caridad Corporation distributes grants to further the tax-exempt purposes of charitable organizations. In 2023, the foundation awarded grants to 72 charitable organizations, with a total giving amount of $109,400. **Grant Characteristics:** • Grant range: $50 to $50,000 • Median grant amount: $2,282 • Giving rate: 96.4% of assets distributed annually • Total grants awarded (recent period): 89 grants **Recent Grant Recipients (2023):** • Minneapolis Heart Institute Foundation: $20,000 • Twin Cit…
What size grants does Caridad Corporation award?
In 2024, Caridad Corporation awarded 38 grants totaling $92K — an average of about $2K per grant, based on its IRS Form 990 filings.
What is Caridad Corporation's EIN?
Caridad Corporation's EIN (Employer Identification Number) is 36-3505813. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Caridad Corporation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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