Charles Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ABBEVILLE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24K in total assets. In 2024, it awarded 7 grants totaling $342K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24K
-27.3% YoY
Annual Giving
$342K
+5.6% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$49K
+5.6% YoY
Under IRS private-foundation payout rules, Charles Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Charles Foundation
Based on IRS filings
Charles Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ABBEVILLE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24K in total assets. In 2024, it awarded 7 grants totaling $342K.
Focus Areas
Ready to take the next step with Charles Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,931 | $32,900 | $34,128 |
| Revenue | $333,071 | $322,812 | $484,926 |
| Expenses | $342,040 | $324,040 | $491,050 |
| Qualifying Distributions | $342,000 | $324,000 | $491,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,588 | $1,674 | $2,212 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Acadiana - ($114,000), Community Foundation of Jackson Hol ($114,000), Community Foundation of Acadiana - ($22,800).
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of Acadiana - Lafayette, LA | Conservation, ReligiousHealthcare,Education | $114,000 |
| Community Foundation of Acadiana - Lafayette, LA | Conservation, ReligiousHealthcare,Education | $22,800 |
| Schwab Charitable - 909 Charitable Orlando, FL | Conservation, ReligiousHealthcare,Education | $22,800 |
| NPT - JP Morgan - Payne Family Char Jenkintown, PA | Conservation, ReligiousHealthcareEducation | $22,800 |
| NPT - JP Morgan - Magnolia Fund Jenkintown, PA | Conservation, ReligiousHealthcareEducation | $22,800 |
| Community Foundation of Jackson Hol Jackson, WY | Conservation, ReligiousHealthcareEducation | $114,000 |
| Community Foundation of Middle TN - Nashville, TN | Conservation, ReligiousHealthcareEducation | $22,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rebecca R Godchaux | Director | 0.25 | — |
| Theresa P Godchaux | Vice President, Director | 0.25 | — |
| Charles R G Payne | Vice President, Director | 0.25 | — |
| G Nelson Payne | Director | 0.25 | — |
| Julian B Payne | President/Director | 0.5 | — |
| Rebecca P Spence | Director | 0.25 | — |
| Stephen M Meador | Secretary Treasurer | 2 | — |
| Dorothy M Clyne | Director | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charles Foundation?
Charles Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ABBEVILLE, LA. It holds $24K in total assets as of 2024.
How large is Charles Foundation?
As of 2024, Charles Foundation holds $24K in total assets with $333K in annual revenue. It awarded 7 grants totaling $342K in 2024.
Where does Charles Foundation operate?
Charles Foundation has awarded grants in Florida, Louisiana, North Dakota, New York, Pennsylvania, Tennessee, Virginia, Wyoming.
What size grants does Charles Foundation award?
In 2024, Charles Foundation awarded 7 grants totaling $342K — an average of about $49K per grant, based on its IRS Form 990 filings.
How much is Charles Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles Foundation's EIN?
Charles Foundation's EIN (Employer Identification Number) is 26-1625912. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Charles Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Team Lamada
BATON ROUGE, LA
Assets
—
Grants
0
Total Given
—
The Feather Fund NOLA
MANDEVILLE, LA
Assets
$3K
Grants
0
Total Given
—
Orleans Parish Prison Reform Coalition
NEW ORLEANS, LA
Assets
$156K
Grants
1
Total Given
$20K
Ballengee Family Foundation Trust
SHREVEPORT, LA
Assets
—
Grants
4
Total Given
$7K
Foundation for Louisiana
NEW ORLEANS, LA
Assets
$16.8M
Grants
99
Total Given
$2.1M
The Fellowship of Orthopaedic
METAIRIE, LA
Assets
$903K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Charles Foundation 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
Go from researching Charles Foundation to a real strategy.