Charles Dicroce Family Foundation

Private foundation · Grantmaker Tequesta, FL EIN: 04-6974299

The Charles DiCroce Family Foundation is a private foundation based in Tequesta, Florida. It distributes grants to 501(c)(3) organizations; its 2024 filing states that it makes contributions only to preselected charitable organizations.

Key facts about Charles Dicroce Family Foundation

In short: Charles Dicroce Family Foundation gave $45K across 11 grants in 2024 (avg $4K), mostly in Massachusetts. 9% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
04-6974299
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$45,000
Grants made (2024)
11
Average grant
$4,091
Median grant
$500
New grantees (estimate)
9% first-time grantees (1 of 11, 2024)
Total assets
$679,045
Primary geography
Massachusetts (61% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$679K

+5.5% YoY

Annual Giving

$45K

+34.3% YoY

Grant Count

11

+22.2% YoY

Avg Grant Size

$4K

+9.9% YoY

Under IRS private-foundation payout rules, Charles Dicroce Family Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

Is Charles Dicroce Family Foundation open to new grantees?

9%

first-time grantees, 2024

In 2024, 1 of 11 grantees (9%) were first-time recipients. First grants averaged $1K; repeat grants $4K. How we count

Medians: $1K first-time, $500 repeat.

  • 82% of 2024 grantees were also funded in 2023. Method
  • Giving grew 34% from 2021 to 2024. Method
  • In 2024 it paid out 141% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included $20,000 to Merrimack College, whose stated mission is to provide undergraduate, professional, and graduate programs as a Catholic Augustinian institution. Other examples include $1,000 to Samaritan’s Purse, which describes its work as providing spiritual and physical aid to people affected by war, poverty, natural disasters, disease, and famine, and $500 to Folds of Honor Foundation, which says it provides educational scholarships to qualifying family members of military service members and first responders killed or disabled in service.

Grantmaking

In filing year 2024, the foundation reported 11 grants totaling $45,000. Grant amounts ranged from $500 to $20,000, with a median of $500. The largest awards were $20,000 to Merrimack College and $15,000 to Jupiter Medical Center Foundation; the next-largest was $5,000 to MGH Fund. Other listed recipients included the American Red Cross and Samaritan’s Purse, each receiving $1,000.

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Geographic Focus

Where this funder awards grants

The 2024 grant dollars went primarily to recipients in Massachusetts (61%) and Florida (33%). Smaller shares went to recipients in New York (2%), North Carolina (2%), and Oklahoma (1%).

Grant Distribution by State

6states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

BostonJuniperAndoverNew YorkNewtonOwassoSalemStaten IslandWashingtonBooneHendersonvilleMedford

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K9 grants2020 10 grants2021 11 grants2022 9 grants2023 11 grants2024

From 2020 to 2024, annual grant giving ranged from $30K (2020) to $45K (2024). In 2024 it made 11 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Merrimack College: $20KMerrimack College$20KJupiter Medical Ctr Foundation: $15KJupiter Medical Ctr Foundation$15KMGH Fund: $5KMGH Fund$5KAmerican Red Cross: $1KAmerican Red Cross$1KSamaritan's Purse: $1KSamaritan's Purse$1KWounded Warriors: $500Wounded Warriors$500St Jude Childrens Hospital: $500St Jude Childrens Hospital$500March of Dimes: $500March of Dimes$500Catholic Charities: $500Catholic Charities$500Folds of Honor Foundation: $500Folds of Honor Foundation$500

The largest 2024 recipient was Merrimack College ($20K). Together the top 10 received $45K.

Grant Size Distribution

50 grants across all recorded years

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

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

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Merrimack College Andover, MAGRANTS$20,000
Jupiter Medical Ctr Foundation Juniper, FLMADE$15,000
MGH Fund Boston, MAOF$5,000
American Red Cross Medford, MAEACH$1,000
Samaritan's Purse Boone, NCOrganization$1,000
Wounded Warriors Boston, MAARE$500
St Jude Childrens Hospital Newton, MATO$500
March of Dimes New York, NYFurther$500
Catholic Charities Salem, MATHE$500
Folds of Honor Foundation Owasso, OKCharitable$500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $679,045 $48,258 $45,643 $45,000 11
2023 $643,699 $28,628 $35,336 $33,500 9
2022 $592,250 $49,400 $35,703 $35,000 11
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$679,045$643,699$592,250
Revenue$48,258$28,628$49,400
Expenses$45,643$35,336$35,703
Qualifying Distributions$45,000$33,500$35,000
Net Investment Income$45,918$27,715$50,084
Distributable Amount$31,935$30,050$31,255

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Charles DiCroce and Matthew DiCroce as trustees.

Charles Dicroce Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Charles Dicroce

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Matthew Dicroce

    Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 19850 Beach Road Unit 4A, Tequesta, FL 33469
Phone: (561) 746-7819

Frequently asked questions about Charles Dicroce Family Foundation

How much does Charles Dicroce Family Foundation give each year?

Charles Dicroce Family Foundation gave $45K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $34K across 9 grants.

What is Charles Dicroce Family Foundation's typical grant size?

Charles Dicroce Family Foundation's median grant in 2024 was $500, and its average grant was $4,091, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Charles Dicroce Family Foundation that year got $1K on average.

Where does Charles Dicroce Family Foundation give grants?

Charles Dicroce Family Foundation gives mostly in Massachusetts: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (33%). The most frequent recipient cities were Boston, MA (2 grants).

Does Charles Dicroce Family Foundation give general operating support?

Not in 2024: none of the 11 grants with a stated purpose on Charles Dicroce Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Charles Dicroce Family Foundation's largest grantees?

Charles Dicroce Family Foundation's largest 2024 grantees include Merrimack College ($20,000), Jupiter Medical Ctr Foundation ($15,000) and MGH Fund ($5,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.

How large is Charles Dicroce Family Foundation?

Charles Dicroce Family Foundation reported $679K in total assets on its 2024 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).

What does Charles Dicroce Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants included $20,000 to Merrimack College, whose stated mission is to provide undergraduate, professional, and graduate programs as a Catholic Augustinian institution. See mission & focus areas ↑

How do I apply for a grant from Charles Dicroce Family Foundation?

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Charles Dicroce Family Foundation's EIN?

Charles Dicroce Family Foundation's EIN (Employer Identification Number) is 04-6974299. IRS Form 990 filing data is available on this page for 2020–2024.

Does Charles Dicroce Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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