The Caritas Fund
The Caritas Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Montgomery, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 34 grants totaling $200K. Net investment income was $256K.
Key facts about The Caritas Fund
- EIN
- 82-6427035
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $200,006
- Grants made (2024)
- 34
- Average grant
- $5,883
- Median grant
- $2,500
- New grantees (estimate)
- 15% first-time grantees (5 of 34, 2024)
- Total assets
- $1,334,249
- Primary geography
- Alabama (51% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Caritas Fund funds
By grant dollars, the top recipient states for The Caritas Fund's 34 itemized 2024 grants were Alabama (51%), North Carolina (17%) and Florida (15%). The most frequent recipient cities were Montgomery, AL (18 grants), Santa Rosa Beach, FL (3 grants), Lake Toxaway, NC (2 grants) and Atlanta, GA (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Caritas Fund open to new grantees?
15%
first-time grantees, 2024
In 2024, 5 of 34 grantees (15%) were first-time recipients. First grants averaged $2K; repeat grants $6K. How we count
Medians: $3K first-time, $4K repeat.
- 85% of 2024 grantees were also funded in 2023. Method
- Giving grew 43% from 2021 to 2024. Method
- In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Caritas Fund
- How to evaluate The Caritas Fund as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+3.5% YoY
Annual Giving
$200K
+25.0% YoY
Grant Count
34
-8.1% YoY
Avg Grant Size
$6K
+36.0% YoY
Under IRS private-foundation payout rules, The Caritas Fund reported a distributable amount of $193K for 2024 — the minimum it must pay out in qualifying distributions.
About The Caritas Fund
Based on IRS filings
The Caritas Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Montgomery, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 34 grants totaling $200K. Net investment income was $256K.
Focus Areas
Ready to take the next step with The Caritas Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 34 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,334,249 | $1,289,572 | $1,383,822 |
| Revenue | $257,549 | $75,793 | $59,967 |
| Expenses | $212,872 | $170,043 | $160,367 |
| Qualifying Distributions | $208,188 | $166,832 | $155,753 |
| Net Investment Income | $255,981 | $76,260 | $64,067 |
| Distributable Amount | $192,998 | $153,603 | $146,463 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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 10 recipients in 2024
Grant Size Distribution
175 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Lake Toxaway Charities ($30,000), Seaside Neighborhood School ($25,000), Central Alabama Community Foundatio ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LAKE TOXAWAY CHARITIES Lake Toxaway, NC | GENERAL FUND | $30,000 |
| SEASIDE NEIGHBORHOOD SCHOOL Santa Rosa Beach, FL | GENERAL FUND | $25,000 |
| CENTRAL ALABAMA COMMUNITY FOUNDATIO Montgomery, AL | GENERAL FUND | $15,000 |
| CHRISTCHURCH Montgomery, AL | GENERAL FUND | $15,000 |
| NATIONAL WWII MUSEUM New Orleans, LA | GENERAL FUND | $12,000 |
| MONTGOMERY AREA FOOD BANK Montgomery, AL | GENERAL FUND | $11,000 |
| ALL SAINTS EPISCOPICAL CHURCH Montgomery, AL | GENERAL FUND | $10,000 |
| FIRST PRESBYTERIAN CHURCH Montgomery, AL | GENERAL FUND | $10,000 |
| RESPITE FOR ALL FOUNDATION Montgomery, AL | GENERAL FUND | $10,000 |
| YMCA OF MONTGOMERY Montgomery, AL | GENERAL FUND | $5,006 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Caritas Fund?
The Caritas Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Montgomery, AL. It holds $1.3M in total assets as of 2024.
How large is The Caritas Fund?
As of 2024, The Caritas Fund holds $1.3M in total assets with $258K in annual revenue. It awarded 34 grants totaling $200K in 2024.
Where does The Caritas Fund operate?
The Caritas Fund has awarded grants in Alabama, District of Columbia, Florida, Georgia, Louisiana, North Carolina, New Jersey, New York, Ohio, Tennessee, Texas, Virginia.
What size grants does The Caritas Fund award?
In 2024, The Caritas Fund awarded 34 grants totaling $200K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Caritas Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Caritas Fund reported a distributable amount of $193K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Caritas Fund's EIN?
The Caritas Fund's EIN (Employer Identification Number) is 82-6427035. 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.