Charles Foundation Inc
Charles Foundation Inc is a private foundation based in Morristown, New Jersey. Its 2025 filing reports grants to charitable organizations for education, medical, and religious purposes, with the largest shares of grant dollars going to recipients in New Hampshire and New Jersey.
Charles Foundation Inc at a glance
In short: Charles Foundation Inc gave $1.2M across 20 grants in 2025 (avg $61K), top state New Hampshire. 10% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,225,000
- -44.8% vs 2024
- Grants made (2025)
- 20
- -70.1% vs 2024
- Average grant
- $61,250
- +84.9% vs 2024
- Median grant
- $12,500
- Total assets
- $21,946,332
- -55.3% vs 2024
- New grantees (estimate)
- 10% first-time grantees (2 of 20, 2025; small sample)
- Primary geography
- New Hampshire (49% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Charles Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 310 South Street 3B, Morristown, NJ 07960
Phone: (973) 539-2281
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Charles Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Bridgewater-Hebron Village School ($500K). Together the top 10 received $1.1M.
Grant Size Distribution
299 grants across all recorded years
The most common grant size was under $50K: 258 grants of 299 (86%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were reported as going to recipients in New Hampshire (49%), New Jersey (27%), Maine (10%), Connecticut (8%), and Montana (4%).
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
States
Cities
Is Charles Foundation Inc open to new grantees?
10%
first-time grantees, 2025
In 2025, 2 of 20 grantees (10%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $253K; repeat grants $40K. How we count
Medians: $253K first-time, $13K repeat.
- 85% of 2025 grantees were also funded in 2024. Method
- Giving fell 37% from 2022 to 2025. Method
- In 2025 it paid out 75% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.2M (2025) to $2.3M (2023). In 2025 it made 20 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bridgewater-Hebron Village School Bridgewater, NH | Education | $500,000 |
| Dartmouth College Hanover, NH | Education | $100,000 |
| Kent Place School Summit, NJ | Education | $100,000 |
| Morristown Medical Center Foundation Morristown, NJ | Medical | $100,000 |
| Presbyterian Church in Morristown Morristown, NJ | Religious | $100,000 |
| Yale School of Forestry-Broad Arrow Scholarship New Haven, CT | Education | $100,000 |
| Missoula Christian Montessori School Missoula, MT | Education | $50,000 |
| Wilton United Methodist Church Wilton, ME | Religious | $50,000 |
| Wilton Free Public Library Wilton, ME | Education | $30,000 |
| Andwell Health Partners Lewiston, ME | Medical | $15,000 |
Ready to take the next step with Charles Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $21,946,332 | $1,326,552 | $1,275,055 | $1,225,000 | 20 | $1,250,028 | $1,361,063 | $1,659,464 |
| 2024 | $49,109,154 | $23,471,625 | $2,710,537 | $2,220,000 | 67 | $2,246,766 | $23,430,469 | $1,880,103 |
| 2023 | $23,135,327 | $1,684,847 | $2,430,323 | $2,303,000 | 70 | $2,329,916 | $1,678,249 | $2,063,895 |
| 2022 | $23,880,803 | $3,222,700 | $2,056,199 | $1,943,000 | 72 | $1,970,180 | $3,190,491 | $2,185,966 |
| 2021 | $22,714,302 | $2,501,550 | $2,096,147 | $2,000,600 | 70 | $2,012,565 | $2,488,558 | $2,108,726 |
| 2020 | $22,308,899 | $-378,733 | $1,963,436 | $1,837,200 | 51 | — | $1,335,819 | $1,708,734 |
| 2019 | $24,651,068 | $1,491,183 | $2,331,646 | $2,164,100 | 60 | — | $1,482,603 | $2,003,331 |
Under IRS private-foundation payout rules, Charles Foundation Inc reported a distributable amount of $1.7M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for schools and colleges, medical organizations, churches, a public library, and historical societies. For example, Kent Place School describes its mission as empowering girls to become confident, intellectual, and ethical leaders. Wilton Free Public Library says it educates and entertains community members through access to books and media, while the Farmington Historical Society says it works to discover, procure, and preserve Farmington’s history.
Grantmaking
In filing year 2025, the foundation reported 20 grants totaling $1,225,000. Grants ranged from $5,000 to $500,000, with a median grant of $12,500.
The largest reported awards included $500,000 to Bridgewater-Hebron Village School for education; $100,000 each to Dartmouth College and Kent Place School for education; $100,000 to Morristown Medical Center Foundation for medical purposes; $100,000 to Presbyterian Church in Morristown for religious purposes; and $100,000 to Yale School of Forestry–Broad Arrow Scholarship for education. Other reported grants included $50,000 to Missoula Christian Montessori School, $50,000 to Wilton United Methodist Church, and $30,000 to Wilton Free Public Library.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Robert C. Rooke Jr. as president, treasurer, and trustee; Shirleen Offerman as secretary and trustee; and Robert R. Rooke as vice president and trustee.
Charles Foundation Inc is led by Robert C. Rooke Jr., President, Treasurer & Trustee since 2025 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert C. Rooke Jr.
President, Treasurer & Trustee
Secretary → Secretary & Trustee, 2021
Secretary & Trustee → President, Treasurer & Trustee, 2025
On filings since 2019
5 hrs/week
No compensation reported
Robert R. Rooke
Vice President & Trustee
Pres-Treas → Pres-Treas & Trustee, 2021
Pres-Treas & Trustee → Vice President & Trustee, 2025
On filings since 2019
5 hrs/week
No compensation reported
Shirleen Offerman
Secretary & Trustee
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (2)
- Former: Natalie D. Rooke (2019–2024) — Vice President & Trustee
- Former: Thomas W. Rooke (2021–2024) — Trustee
Data from IRS Form 990 filings, 2019–2025. "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 Foundation Inc
How much does Charles Foundation Inc give each year?
Charles Foundation Inc gave $1.2M across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.2M across 67 grants.
What is Charles Foundation Inc's typical grant size?
Charles Foundation Inc's median grant in 2025 was $12,500, and its average grant was $61,250, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Charles Foundation Inc that year got $253K on average.
Where does Charles Foundation Inc give grants?
Charles Foundation Inc's top state is New Hampshire, with 49% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Jersey (27%) and Maine (10%). The most frequent recipient cities were Morristown, NJ (6 grants) and Wilton, ME (4 grants).
Does Charles Foundation Inc give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Charles Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (13 grants) and "Religious" (3 grants).
Who are Charles Foundation Inc's largest grantees?
Charles Foundation Inc's largest 2025 grantees include Bridgewater-Hebron Village School ($500,000), Dartmouth College ($100,000) and Kent Place School ($100,000), according to its 2025 IRS Form 990-PF. Together they received 57% of its itemized 2025 grant dollars.
How large is Charles Foundation Inc?
Charles Foundation Inc reported $21.9M in total assets on its 2025 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Charles Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants include support for schools and colleges, medical organizations, churches, a public library, and historical societies. See mission & focus areas ↑
How do I apply for a grant from Charles Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Charles Foundation Inc's EIN?
Charles Foundation Inc's EIN (Employer Identification Number) is 22-3292066. IRS Form 990 filing data is available on this page for 2019–2025.
Does Charles Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 18, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
Explore Open Grants
Browse active grant opportunities in Charles Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Charles Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/charles-foundation-inc-morg_d38c3a1421d74661a171efd2b4b948fd
BibTeX
@misc{grantable_223292066_2026,
author = {{Grantable}},
title = {{Charles Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/charles-foundation-inc-morg_d38c3a1421d74661a171efd2b4b948fd},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Charles Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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