Principle Quest Foundation
Principle Quest Foundation is a private foundation, based in Port Washington, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 7 grants totaling $203K. Net investment income was $115K.
Principle Quest Foundation at a glance
In short: Principle Quest Foundation gave $203K across 7 grants in 2023 (avg $29K), mostly in Rhode Island. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $203,310
- +582.8% vs 2022
- Grants made (2023)
- 7
- +0.0% vs 2022
- Average grant
- $29,044
- +582.8% vs 2022
- Median grant
- $5,000
- Primary geography
- Rhode Island (89% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Principle Quest Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2023
The largest 2023 recipient was The Charlotte Beyer Donor Advised Fund Through Vanguard Charitable ($180K). Together the top 7 received $203K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 31 grants of 32 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 7 itemized grants.
Cities
How Principle Quest Foundation gives
- Giving grew 391% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $30K (2022) to $203K (2023). In 2023 it made 7 grants totaling $203K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Charlotte Beyer Donor Advised Fund Through Vanguard Charitable Warwick, RI | Charitable Contribution | $180,310 |
| Pardee Rand Graduate School Santa Monica, CA | Charitable Contribution | $10,000 |
| Grace Institute of New York New York, NY | Charitable Contribution | $5,000 |
| Reading Partners Oakland, CA | Charitable Contribution | $5,000 |
| Ms Foundation Brooklyn, NY | Charitable Contribution | $1,000 |
| League of Women Voters of the City of New York New York, NY | Charitable Contribution | $1,000 |
| Selma Center for Nonviolence Selma, AL | Charitable Contribution | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $117,892 | $236,460 | $203,310 | 7 | $232,591 | $114,617 | $4,632 |
| 2022 | $145,581 | $44,851 | $59,120 | $29,776 | 7 | $58,115 | $4,257 | $13,563 |
| 2021 | $159,850 | $25,677 | $59,292 | $44,633 | 8 | $56,825 | $22,543 | $14,977 |
| 2020 | $191,625 | $25,356 | $67,239 | $41,390 | 10 | — | $23,962 | $14,231 |
Under IRS private-foundation payout rules, Principle Quest Foundation reported a distributable amount of $5K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Principle Quest Foundation is led by Charlotte Beyer, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2023 filing
Charlotte Beyer
President
On filings since 2020
20 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Principle Quest Foundation
How much does Principle Quest Foundation give each year?
Principle Quest Foundation gave $203K across 7 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $30K across 7 grants.
What is Principle Quest Foundation's typical grant size?
Principle Quest Foundation's median grant in 2023 was $5,000, and its average grant was $29,044, across 7 grants on its 2023 IRS Form 990-PF.
Where does Principle Quest Foundation give grants?
Principle Quest Foundation gives mostly in Rhode Island: 89% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was California (7%). The most frequent recipient cities were New York, NY (2 grants).
Who are Principle Quest Foundation's largest grantees?
Principle Quest Foundation's largest 2023 grantees include The Charlotte Beyer Donor Advised Fund Through Vanguard Charitable ($180,310), Pardee Rand Graduate School ($10,000) and Grace Institute of New York ($5,000), according to its 2023 IRS Form 990-PF. Together they received 96% of its itemized 2023 grant dollars.
How much is Principle Quest Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Principle Quest Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Principle Quest Foundation's EIN?
Principle Quest Foundation's EIN (Employer Identification Number) is 45-4146590. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- IRS filings on file for fiscal years 2020–2023
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