Charles River Neighborhood

Private foundation · Grantmaker Newton, MA EIN: 04-3386390

Charles River Neighborhood is a private foundation, based in Newton, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $40K in total assets. In 2025, it awarded 1 grant totaling $1K.

Key facts about Charles River Neighborhood

In short: Charles River Neighborhood gave $1K across 1 grant in 2025 (avg $1K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-3386390
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,200
Grants made (2025)
1
Average grant
$1,200
Median grant
$1,200
Total assets
$40,341
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$40K

-2.1% YoY

Annual Giving

$1K

-70.0% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$1K

+20.0% YoY

Under IRS private-foundation payout rules, Charles River Neighborhood reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How Charles River Neighborhood gives

  • Giving fell 90% from 2022 to 2025. Method
  • In 2025 it paid out 60% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

Share of the 2025 grant dollars on its one itemized grant.

Cities

NewtonBostonAuburndaleEast MachiasMaldenStonehamWabanWest Newton

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K4 grants2020 4 grants2021 5 grants2022 5 grants2023 4 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $1K (2025) to $12K (2022). In 2025 it made 1 grant totaling $1K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Next Artspiano Summit: $1KNext Artspiano Summit$1K

The largest 2025 recipient was Next Artspiano Summit ($1K).

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 19 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Next Artspiano Summit Waban, MACharitable/Educational$1,200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$40,341$41,200$43,604
Revenue$963$2,220$2,327
Expenses$1,822$4,624$9,425
Qualifying Distributions$1,200$4,000$8,800
Net Investment Income—$1,572$1,702
Distributable Amount$2,008$2,092$2,276

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 June 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 21, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 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. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)

Leadership & Key People

Officers and directors from IRS filings

Charles River Neighborhood is led by John Sangiolo, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • John Sangiolo

    Trustee

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Amy Mah Sangiolo (2020–2023) — Trustee

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 River Neighborhood

How much does Charles River Neighborhood give each year?

Charles River Neighborhood gave $1K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 4 grants.

How large is Charles River Neighborhood?

Charles River Neighborhood reported $40K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $2K (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.

Where does Charles River Neighborhood operate?

Charles River Neighborhood has awarded grants in Massachusetts, Maine.

What is Charles River Neighborhood's EIN?

Charles River Neighborhood's EIN (Employer Identification Number) is 04-3386390. 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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