Stephen & Karla Forgiel Charitable
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$624K
-3.5% YoY
Annual Giving
$50K
+5.3% YoY
Grant Count
5
+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
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.
Focus Areas
Ready to take the next step with Stephen & Karla Forgiel Charitable?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
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 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
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| William F Brooks Esq | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
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.
Explore Open Grants
Browse active grant opportunities in Stephen & Karla Forgiel Charitable's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Peter and Ann Lambertus Family Foundatio
NORWOOD, MA
Assets
$297.9M
Grants
66
Total Given
$13.9M
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
Backus Family Foundation Inc
WAUNAKEE, WI
Assets
—
Grants
48
Total Given
$27K
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Car Donation Foundation
ST LOUIS PARK, MN
Assets
$11.3M
Grants
91
Total Given
$16.5M
George and Sarah Buchanan Foundation
GREENSBORO, NC
Assets
$65.8M
Grants
82
Total Given
$3.7M
Carol Anne Halperin Minkin Family
BOCA RATON, FL
Assets
$1.7M
Grants
30
Total Given
$74K
Paychex Charitable Foundation Inc
ROCHESTER, NY
Assets
—
Grants
121
Total Given
$2.6M
Arizona Community Foundation
PHOENIX, AZ
Assets
$1.1B
Grants
1,167
Total Given
$65.4M
John B & Edith D Carroll Family
COLLEGE GROVE, TN
Assets
$531K
Grants
13
Total Given
$25K
Textron Charitable Trust Dtd 122353
PROVIDENCE, RI
Assets
$9.5M
Grants
1,199
Total Given
$4.2M
Mc Companies - Sharing the Good Life
SCOTTSDALE, AZ
Assets
$157K
Grants
64
Total Given
$143K
More Funders in Massachusetts
Data last updated April 2026. Sourced from IRS Form 990-PF filings.