Charles Family Foundation

Foundation · Grantmaker 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 2025. As of 2025, the organization holds $483K in total assets. Net investment income was $10K.

Key facts about Charles Family Foundation

EIN
85-4241846
Latest 990 filing
Form 990-PF, 2025
Total assets
$483,158

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$483K

+2.6% YoY

Revenue

$14K

-7.5% YoY

Net Investment Income

$10K

-12.1% YoY

Expenses

$2K

-96.8% YoY

Under IRS private-foundation payout rules, Charles Family Foundation reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.

How Charles Family Foundation gives

  • Giving grew 1200% from 2021 to 2024. Method
  • In 2024 it paid out 268% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CleawaterKansas City

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants20201 grants20211 grants20224 grants20234 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

10 grants across all recorded years

9<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K202020212022202320242025
Metric202520242023
Total Assets$483,158$471,013$522,567
Revenue$14,305$15,465$14,667
Expenses$2,160$67,019$97,349
Qualifying Distributions—$65,000$93,000
Net Investment Income$10,145$11,546$8,518
Distributable Amount$23,365$24,220$28,480

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2022)
  8. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  9. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  10. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  11. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  12. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

Charles Family Foundation is led by James B. Charles, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • James B. Charles

    President & Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Bonnie E. Charles Smothers

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Deborah K. Charles

    Secretary & Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Charles Family Foundation

How large is Charles Family Foundation?

Charles Family Foundation reported $483K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $14K.

What is Charles Family Foundation?

Charles Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Clearwater, KS. It holds $483K in total assets as of 2025.

Where does Charles Family Foundation operate?

Charles Family Foundation has awarded grants in Kansas, Missouri.

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

Private foundations must generally distribute about 5% of their assets annually. For 2025, Charles Family Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles Family Foundation's EIN?

Charles Family Foundation's EIN (Employer Identification Number) is 85-4241846. IRS Form 990 filing data is available on this page for 2020–2025.

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

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