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
Ready to take the next step with Caridad Corporation?
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Caridad Corporation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities