Charles Foundation Inc

MORRISTOWN, NJ EIN: 22-3292066

Charles Foundation Inc is a private foundation based in Morristown, New Jersey. The foundation maintains a focus on philanthropic grantmaking across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$49.1M

+112.3% YoY

Annual Giving

$2.2M

-3.6% YoY

Grant Count

67

-4.3% YoY

Avg Grant Size

$33K

+0.7% YoY

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

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Science and STEM Education

Grantmaking

The foundation makes grants to nonprofit organizations aligned with its priority areas.

Grant Range

** Typical awards range from $1,000 to $430,000

Ready to take the next step with Charles Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • New Jersey
  • New Hampshire
  • Pennsylvania

Grant Distribution by State

20states
+12 more states

Cities

AlbanyAndoverBabson ParkBarringtonBasking RidgeBethlehemBostonBridgewaterBristolBrunswickBurlingtonCallicoonCharlottesvilleChestnut HillConcordCulverDamascusDoylestownElizabethFarmington

Financial History

Multi-year comparison from IRS filings

Total Assets: $49,109,154

Total Annual Giving: $2,220,000

Contact Information:

  • Address: Spring Valley Road 668, Morristown, NJ 07960
  • Phone: (973) 539-2281
  • EIN: 22-3292066
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$13M$19M$26M20202021202220232024
Metric202420232022
Total Assets$49,109,154$23,135,327$23,880,803
Revenue$23,471,625$1,684,847$3,222,700
Expenses$2,710,537$2,430,323$2,056,199
Qualifying Distributions$2,246,766$2,329,916$1,970,180
Net Investment Income$23,430,469$1,678,249$3,190,491
Distributable Amount$1,880,103$2,063,895$2,185,966

Giving Over Time

Total grant dollars and number of grants per year

$0$576K$1M$2M$2M51 grants202070 grants202172 grants202270 grants202367 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COLBY-SAWYER COLLEGE$400KBUCKNELL UNIVERSITY$340KSPEARE MEMORIAL HOSPITAL$237KPINGRY SCHOOL$145KMORRISTOWN MEDICAL CENTE…$106KDARTMOUTH COLLEGE$50KHIGH FIVES FOUNDATION$50KAPPALACHAIN TRAIL CONSER…$45KBABSON COLLEGE$40KPROCTOR ACADEMY$40K

Grant Size Distribution

250 grants across all recorded years

222<$50K6$50–100K12$100–250K10$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Robert C. Rooke is listed as a contact person associated with the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT C ROOKEPRES-TREAS/TRUSTEE5
NATALIE D ROOKEVICE PRES/TRUSTEE5
ROBERT C ROOKE JRSECRETARY/TRUSTEE5
THOMAS W ROOKETRUSTEE5

Related Funders

Similar funders by location and focus area

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

What could you do with Charles Foundation Inc 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