Cherry Family Foundation

NAPLES, FL EIN: 16-1675283

The Cherry Family Foundation is a private foundation established in 2003 and designated as a 501(c)(3) organization. Based in Naples, Florida, it operates as a family foundation focused on philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+24.4% YoY

Annual Giving

$505K

+79.8% YoY

Grant Count

25

+19.0% YoY

Avg Grant Size

$20K

+51.0% YoY

Under IRS private-foundation payout rules, Cherry Family Foundation reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation made 25–26 grants in its most recent fiscal year. Recent grantees have included:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Florida
  • Massachusetts
  • New York

Grant Distribution by State

12states
+4 more states

Cities

BostonBraintreeCantonClintonCohassetDennisEsteroFort HancockFort MyersFt MyersHinghamHullImmokoleeKansas CityLewistownMiltonNantucketNaplesNeedhamNorth Carver

Financial History

Multi-year comparison from IRS filings

Most Recent Data (2024):

  • Total Assets: $2,105,027
  • Total Giving: $504,730–$515,000
  • Total Distributions: $515,000

Prior Year Data (2023):

  • Total Assets: $1,692,489
  • Total Revenues: $204,017
  • Total Expenses: $307,268
  • Investment Income: $24,484

Revenue Sources (2023):

  • Net gain from sale of non-inventory assets: $179,533
  • Investment income and dividends: $24,484
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$262K$525K$787K$1M20202021202220232024
Metric202420232022
Total Assets$2,105,027$1,692,489$1,797,739
Revenue$953,760$204,017$203,246
Expenses$537,615$307,268$328,527
Qualifying Distributions$514,530$289,865$313,019
Net Investment Income$217,586$187,370$114,421
Distributable Amount$131,134$97,884$106,820

Giving Over Time

Total grant dollars and number of grants per year

$0$126K$252K$379K$505K26 grants202026 grants202127 grants202221 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NCH HEALTHCARE FOUNDATION$150KGUADALUPE CENTER$108KSWFL CHILDREN'S CHARITIES$102KGULFSHORE PLAYHOUSE$66KBOYS AND GIRLS CLUB$25KCONSERVANCY OF SW FLORIDA$18KMASSACHUSETTS GENERAL HO…$10KWOMEN'S FOUNDATION OF CO…$10KNANTUCKET WINE AND FOOD …$6KTHAYER ACADEMY$2K

Grant Size Distribution

125 grants across all recorded years

113<$50K5$50–100K7$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 Nch Healthcare Foundation ($150,000), Guadalupe Center ($107,863), Swfl Children's Charities ($101,616).

RecipientPurposeAmount
CAPTAIN'S FOR CLEAN WATER FORT MYERS, FLUNRESTRICTED$250
CONSERVANCY OF SW FLORIDA NAPLES, FLUNRESTRICTED$17,500
GULFSHORE PLAYHOUSE NAPLES, FLUNRESTRICTED$65,500
HULL FIREFIGHTERS HULL, MAUNRESTRICTED$500
BOYS AND GIRLS CLUB NAPLES, FLUNRESTRICTED$25,200
HULL ARTISTS HULL, MAUNRESTRICTED$297
GREATER NAPLES LEADERSHIP NAPLES, FLUNRESTRICTEDUNRESTRICTED$300
GUADALUPE CENTER IMMOKOLEE, FLUNRESTRICTEDUNRESTRICTED$107,863
HAMILTON COLLEGE CLINTON, NYUNRESTRICTED$1,500
KYLE ROBINSON MEMORIAL NORTH CARVER, MAUNRESTRICTED$80

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by family members serving in volunteer capacities:

  • Arthur L Cherry, President
  • Beverly M Cherry, Treasurer
  • Alison L Cherry, Vice President/Secretary
  • Carolyn N Cherry, Vice President
  • Christopher R Cherry, Vice President
  • John Scott Cherry, Vice President

All officers work approximately one hour per week with no compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ARTHUR L CHERRYPRESIDENT1
BEVERLY M CHERRYTREASURER1
ALISON L CHERRYVICE PRESIDENT/SECRETARY1
CAROLYN N CHERRYVICE PRESIDENT1
CHRISTOPHER R CHERRYVICE PRESIDENT1
JOHN SCOTT CHERRYVICE PRESIDENT1

Contact Information

Address: 1493 2nd Ave S Naples, FL 34102-3516

Telephone: 412-443-7473

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Cherry Family Foundation fund?

The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Cherry Family Foundation?

**Grant Characteristics:** • Typical award range: $80,000–$150,000 • Median grant amount: $1,200 • Maximum grant amount: $150,000 • Grant type: Unrestricted grants **Recent Grant Activity:** The foundation made 25–26 grants in its most recent fiscal year. Recent grantees have included: • Boys & Girls Club of Collier County ($10,000) • Northeastern University ($5,000) • Thayer Academy ($1,877) • Naples Community Hospital

Where does Cherry Family Foundation make grants?

The foundation primarily funds organizations in: • Florida • Massachusetts • New York

What size grants does Cherry Family Foundation award?

In 2024, Cherry Family Foundation awarded 25 grants totaling $505K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Cherry Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cherry Family Foundation reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cherry Family Foundation's EIN?

Cherry Family Foundation's EIN (Employer Identification Number) is 16-1675283. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Cherry Family Foundation's focus areas in our free grants database

Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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