Charles Family Foundation

CLEARWATER, KS EIN: 85-4241846

Charles Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $471K in total assets. In 2024, it awarded 4 grants totaling $65K. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$471K

-9.9% YoY

Annual Giving

$65K

-30.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$16K

-30.1% YoY

Under IRS private-foundation payout rules, Charles Family Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kansas $173K (95%)

Missouri $10K (5%)

States

Kansas Missouri

Cities

CleawaterKansas City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$471,013	$522,567	$605,249
Revenue	$15,465	$14,667	$7,458
Expenses	$67,019	$97,349	$23,870
Qualifying Distributions	$65,000	$93,000	$20,000
Net Investment Income	$11,546	$8,518	—
Distributable Amount	$24,220	$28,480	$30,631

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Baptist Church ($25,000), First Baptist Church ($20,000), The Cleawater Community Foundation Inc ($10,000).

Recipient	Purpose	Amount
FIRST BAPTIST CHURCH CLEAWATER, KS	UNRESTRICTED	$25,000
FIRST BAPTIST CHURCH CLEAWATER, KS	UNRESTRICTED	$20,000
THE CLEAWATER COMMUNITY FOUNDATION INC CLEAWATER, KS	UNRESTRICTEDUNRESTRICTED	$10,000
THE CLEAWATER COMMUNITY FOUNDATION INC CLEAWATER, KS	UNRESTRICTED	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAMES C CHARLES	PRESIDENT	0.5	—
DEBORAH K CHARLES	SECRETARY/TREASURER	0.5	—
JAMES B CHARLES	DIRECTOR	0.5	—
BONNIE E CHARLES SMOTHERS	DIRECTOR	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Charles Family Foundation?

Charles Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, KS. It holds $471K in total assets as of 2024.

How large is Charles Family Foundation?

As of 2024, Charles Family Foundation holds $471K in total assets with $15K in annual revenue. It awarded 4 grants totaling $65K in 2024.

Where does Charles Family Foundation operate?

Charles Family Foundation has awarded grants in Kansas, Missouri.

What size grants does Charles Family Foundation award?

In 2024, Charles Family Foundation awarded 4 grants totaling $65K — an average of about $16K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Family Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.