Charles Sardo Memorial Foundation

Foundation · Grantmaker Gloucester, MA EIN: 20-1256739

Charles Sardo Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Gloucester, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $5K.

Key facts about Charles Sardo Memorial Foundation

EIN
20-1256739
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,349
Grants made (2024)
1
Average grant
$5,349
Median grant
$5,349
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Charles Sardo Memorial Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$5K

Grant Count

1

Avg Grant Size

$5K

Under IRS private-foundation payout rules, Charles Sardo Memorial Foundation reported a distributable amount of $143 for 2024 — the minimum it must pay out in qualifying distributions.

About Charles Sardo Memorial Foundation

Based on IRS filings

Charles Sardo Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Gloucester, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

Gloucester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1K$3K$4K$6K20202021202220232024
Metric202420232022
Total Assets—$5,349$5,384
Revenue———
Expenses$5,349$35$35
Qualifying Distributions$5,349——
Net Investment Income———
Distributable Amount$143$264$266

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$5K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

The Open Door: $5KThe Open Door$5K

Grant Size Distribution

1 grants across all recorded years

1<$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 recipients include The Open Door ($5,349).

RecipientPurposeAmount
THE OPEN DOOR Gloucester, MAGENERAL PURPOSE OF THE ORGANIZATION.$5,349

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Nicholas SardoTrustee0.5—
John CammarataTrustee0.1—
Brian McNultyTrustee0.1—
Anthony StottTrustee0.1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Charles Sardo Memorial Foundation?

Charles Sardo Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Gloucester, MA. It holds — in total assets as of 2024.

Where does Charles Sardo Memorial Foundation operate?

Charles Sardo Memorial Foundation has awarded grants in Massachusetts.

What size grants does Charles Sardo Memorial Foundation award?

In 2024, Charles Sardo Memorial Foundation awarded 1 grant totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Charles Sardo Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Sardo Memorial Foundation reported a distributable amount of $143 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles Sardo Memorial Foundation's EIN?

Charles Sardo Memorial Foundation's EIN (Employer Identification Number) is 20-1256739. IRS Form 990 filing data is available on this page for 2020–2024.

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

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