Stephen & Karla Forgiel Charitable

Foundation · Grantmaker Waltham, MA EIN: 46-4911066

Stephen & Karla Forgiel Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Waltham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $624K in total assets. In 2024, it awarded 5 grants totaling $50K. Net investment income was $23K.

Key facts about Stephen & Karla Forgiel Charitable

EIN: 46-4911066
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $50,000
Grants made (2024): 5
Average grant: $10,000
Median grant: $10,000
Total assets: $623,726
Primary geography: Massachusetts (80% of itemized 2024 grant dollars)

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

Who Stephen & Karla Forgiel Charitable funds

By grant dollars, the top recipient states for Stephen & Karla Forgiel Charitable's 5 itemized 2024 grants were Massachusetts (80%) and Maryland (20%). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support Military Veterans" (3 grants).

How Stephen & Karla Forgiel Charitable gives

Giving grew 35% from 2021 to 2024. Method
In 2024 it paid out 164% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Stephen & Karla Forgiel Charitable

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$624K

-3.5% YoY

Annual Giving

$50K

+5.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

+5.3% YoY

Under IRS private-foundation payout rules, Stephen & Karla Forgiel Charitable reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.

About Stephen & Karla Forgiel Charitable

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $40K (80%)

Maryland $10K (20%)

Share of all 5 itemized 2024 grant dollars.

States

Massachusetts Maryland

Cities

TauntonBostonRockvilleSharonWorcester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$623,726	$646,656	$694,855
Revenue	$10,093	$46,928	$62,092
Expenses	$59,971	$58,834	$39,733
Qualifying Distributions	$53,244	$50,106	$32,490
Net Investment Income	$22,559	$22,856	$54,849
Distributable Amount	$32,533	$32,537	$34,286

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Fisher House Foundation Inc ($10,000), NAMI of Massachusetts ($10,000), Homes For Our Troops Inc ($10,000).

Recipient	Purpose	Amount
Fisher House Foundation Inc Rockville, MD	Support Military Veterans	$10,000
NAMI of Massachusetts Boston, MA	Mental Illness Services.	$10,000
Homes For Our Troops Inc Taunton, MA	Housing for veterans.	$10,000
Project New Hope Inc Worcester, MA	Support Military Veterans	$10,000
Mohawks Corp Sharon, MA	Support Military Veterans	$10,000

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

Name	Title	Hours	Compensation
William F Brooks Esq	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Stephen & Karla Forgiel Charitable?

Stephen & Karla Forgiel Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Waltham, MA. It holds $624K in total assets as of 2024.

How large is Stephen & Karla Forgiel Charitable?

As of 2024, Stephen & Karla Forgiel Charitable holds $624K in total assets with $10K in annual revenue. It awarded 5 grants totaling $50K in 2024.

Where does Stephen & Karla Forgiel Charitable operate?

Stephen & Karla Forgiel Charitable has awarded grants in Massachusetts, Maryland.

What size grants does Stephen & Karla Forgiel Charitable award?

In 2024, Stephen & Karla Forgiel Charitable awarded 5 grants totaling $50K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Stephen & Karla Forgiel Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephen & Karla Forgiel Charitable reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stephen & Karla Forgiel Charitable's EIN?

Stephen & Karla Forgiel Charitable's EIN (Employer Identification Number) is 46-4911066. IRS Form 990 filing data is available on this page for 2020–2024.