Charles Hale & Kaaren Hale Family Found

CRANBURY, NJ EIN: 13-3940900

Charles Hale & Kaaren Hale Family Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANBURY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 29 grants totaling $90K. Net investment income was $218K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+9.2% YoY

Annual Giving

$90K

+16.2% YoY

Grant Count

29

+93.3% YoY

Avg Grant Size

$3K

-39.9% YoY

Under IRS private-foundation payout rules, Charles Hale & Kaaren Hale Family Found reported a distributable amount of $145K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles Hale & Kaaren Hale Family Found

Based on IRS filings

Charles Hale & Kaaren Hale Family Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANBURY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 29 grants totaling $90K. Net investment income was $218K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AlexandriaAnn ArborAspenBostonBrooklineCambridgeCloucesterCoulderGreenwichLplymouthNantucketNanucketNew YorkOaklandPalm BeachPert AmboyPlam BeachPlymouthPound RidgePrinceton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$62K$124K$187K$249K20202021202220232024
Metric202420232022
Total Assets$1,525,329$1,396,496$1,463,715
Revenue$226,298$15,844$68,116
Expenses$97,465$83,063$118,857
Qualifying Distributions$90,515$77,379$115,653
Net Investment Income$218,076$73,952$68,439
Distributable Amount$145,260$116,225$115,222

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$86K$130K$173K31 grants20207 grants202122 grants202215 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ARTISTS ASSOCIATION OF N…$10KTHEATER WORKSHOP OF NANT…$10KHOPE FOR DEPRESSION RESE…$10KCORPORATE ACCOUNTABILITY$5KWOMENS DONORS NETWORK$5KPRESERVATION FOUNDATION …$5KTIDES FOUNDATION$5KZERO LINE LOGISTICS$5KNANTUCKET HISTORICAL ASS…$5KMACMILLAN CANCER SUPPORT$3K

Grant Size Distribution

104 grants across all recorded years

104<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Artists Association of Nantucket ($10,000), Theater Workshop of Nantucket ($10,000), Hope for Depression Research Foundation ($9,500).

RecipientPurposeAmount
ARTBARN COMMUNITY THEATER BROOKLINE, MAGENERAL$2,000
ARTISTS ASSOCIATION OF NANTUCKET NANTUCKET, MAGENERAL$10,000
COOLIDGE CORNER THEATRE BROOKLINE, VAGENERAL$3,000
CORPORATE ACCOUNTABILITY BOSTON, MAGENERAL$5,000
HOPE FOR DEPRESSION RESEARCH FOUNDATION NEW YORK, NYGENERAL$9,500
METROWEST WOMENS FND WESTON, MAGENERAL$500
NANTUCKET HISTORICAL ASSOCIATION NANTUCKET, MAGENERAL$4,850
USDAN SUMMER CAMP WHEATLEY HEIGHTS, NYGENERAL$500
WOMENS DONORS NETWORK NEW YORK, NYGENERAL$5,000
AMERICAN REPERATORY THEATRE CAMBRIDGE, MAGENERAL$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES HALECHAIRMAN0.5
GERARD DIMINOTREASURER0.5
KAAREN HALEVICE PRESIDENT0.5
MELISSA WOODMANVICE PRESIDENT0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Charles Hale & Kaaren Hale Family Found?

Charles Hale & Kaaren Hale Family Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANBURY, NJ. It holds $1.5M in total assets as of 2024.

How large is Charles Hale & Kaaren Hale Family Found?

As of 2024, Charles Hale & Kaaren Hale Family Found holds $1.5M in total assets with $226K in annual revenue. It awarded 29 grants totaling $90K in 2024.

Where does Charles Hale & Kaaren Hale Family Found operate?

Charles Hale & Kaaren Hale Family Found has awarded grants in California, Colorado, Connecticut, Florida, Massachusetts, Michigan, New Jersey, New York, Virginia, Vermont.

What size grants does Charles Hale & Kaaren Hale Family Found award?

In 2024, Charles Hale & Kaaren Hale Family Found awarded 29 grants totaling $90K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Charles Hale & Kaaren Hale Family Found required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Hale & Kaaren Hale Family Found reported a distributable amount of $145K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles Hale & Kaaren Hale Family Found's EIN?

Charles Hale & Kaaren Hale Family Found's EIN (Employer Identification Number) is 13-3940900. IRS Form 990 filing data is available on this page for 2020–2024.

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

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