Charles Family Foundation Inc

NEW FRANKEN, WI EIN: 26-3925889

The Charles Family Foundation Inc is a private foundation based in New Franken, Wisconsin. Established in 2009, it is supported by David Charles and operates as a 501(c)(3) tax-exempt organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.0M

+7.3% YoY

Annual Giving

$677K

-11.3% YoY

Grant Count

45

-2.2% YoY

Avg Grant Size

$15K

-9.3% YoY

Under IRS private-foundation payout rules, Charles Family Foundation Inc reported a distributable amount of $598K for 2024 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

The foundation is an active grantmaker. In 2023, it made 28 grants totaling approximately $1.03 million.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

AppletonAustinChicagoCulver CityDe PereDowners GroveFish CreekGreen BayHomerJacksonKewauneeKimberlyLakewoodLuxemburgMadisonMarked TreeMemphisMilwaukeeNew LondonOkemos

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

Metric Amount
Total Assets $10,283,503
Total Revenues $1,074,912
Total Expenses $1,104,739
Grants & Contributions $1,000,000
Investment Income & Dividends $258,735
Net Rental Income $108,008

Year-over-Year Changes (2023 vs. 2022):

  • Grants and contributions decreased 58.7% (from $2,420,000 to $1,000,000)
  • Investment income and dividends increased 168.9% (from $96,226 to $258,735)
  • Net rental income increased 25.1% (from $86,340 to $108,008)

The foundation operates with no employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$11,029,498$10,283,503$10,313,330
Revenue$1,617,513$1,074,912$2,590,118
Expenses$871,518$1,104,739$797,586
Qualifying Distributions$684,467$770,372$503,479
Net Investment Income$407,621$163,634$101,768
Distributable Amount$597,604$538,685$463,662

Giving Over Time

Total grant dollars and number of grants per year

$0$191K$381K$572K$763K28 grants202035 grants202134 grants202246 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FRIENDS OF BAY BEACH$200KMAYO CLINIC$100KGRACE - GREEN BAY AREA C…$80KGREEN BAY PREBLE OPTIMIS…$75KRAWHIDE BOYS RANCH$30KCHILDREN'S HOSPITAL OF W…$20KSTELLA MARIS FOUNDATION …$20KYWCA$15KFAMILIES IN TRANSITION S…$12KAUTISM SOCIETY OF SOUTHE…$10K

Grant Size Distribution

188 grants across all recorded years

171<$50K7$50–100K7$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Friends of Bay Beach ($200,000), Mayo Clinic ($100,000), Grace - Green Bay Area Catholic Education ($80,000).

RecipientPurposeAmount
AUTISM SOCIETY OF SOUTHEASTERN WI WAUWATOSA, WIFUNDING FOR THE 2024 ANNUAL CAMPAIGN.$10,000
BADGER BOYS STATE INC PORTAGE, WISPONSORSHIP FOR BROWN AND KEWAUNEE HIGH SCHOOLS TO ATTEND BADGER BOYS STATE IN 2024.$2,500
BIG BROTHERS BIG SISTERS GREEN BAY, WITO SUPPORT YOUTH MENTORING PROGRAM.$10,000
BOY SCOUTS OF AMERICA APPLETON, WIANNUAL FRIENDS OF SCOUTING CAMPAIGN$7,500
BOYS & GIRLS CLUB OF GREATER GREEN BAY GREEN BAY, WIACADEMIC COACHING & MENTORSHIP PROGRAMS$5,000
BROWN COUNTY FOSTER CARE GREEN BAY, WIIN SUPPORT OF FOSTER CARE PROGRAMS$10,000
BROWN COUNTY ORAL HEALTH PARTNERSHIP GREEN BAY, WIPROVIDE DENTISTRY FOR CHILDREN$2,000
CASA OF BROWN COUNTY GREEN BAY, WITO SUPPORT AND PROMOTE COURT-APPOINTED ADVOCATES$3,000
CEREBRAL PALSY INC GREEN BAY, WITO SUPPORT PROGRAMS FOR INDIVIDUALS WITH DISABILITIES.$7,000
CHILDREN'S HOSPITAL OF WI FOUNDATION MILWAUKEE, WINE CARE CLOSER TO HOME SITE$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID R CHARLESPRESIDENT/VP/TREAS1
KRISTIE J BARBAROSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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

The foundation is an active grantmaker. In 2023, it made 28 grants totaling approximately $1.03 million. Notable grants from the most recent year include: • Friends of Bay Beach: $240,000 (Beach Improvements) • Mayo Clinic: $100,000 (Unrestricted Donation for Greatest Needs) • Boys and Girls Club of the Fox Valley: $100,000 (Unrestricted Grant to Support Operations) The foundation made an additional 25 grants totaling $590,000 in 2023.

What size grants does Charles Family Foundation Inc award?

In 2024, Charles Family Foundation Inc awarded 45 grants totaling $677K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Charles Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Family Foundation Inc reported a distributable amount of $598K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles Family Foundation Inc's EIN?

Charles Family Foundation Inc's EIN (Employer Identification Number) is 26-3925889. IRS Form 990 filing data is available on this page for 2020–2024.

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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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