The Carney Family Charitable Foundation logo

The Carney Family Charitable Foundation

BRIDGEWATER, MA EIN: 04-6614314 Website

The Carney Family Charitable Foundation is a private family foundation headquartered in Bridgewater, Massachusetts, with an additional office in New Bedford. Founded in 1988-1989, the foundation serves as a catalyst and resource for organizations working to expand and sustain their capacity to build equitable and vibrant communities. The foundation employs 3 staff members and maintains an active grantmaking program focused primarily on the Greater New Bedford and Southeastern Massachusetts region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.4M

+7.1% YoY

Annual Giving

$2.4M

+9.1% YoY

Grant Count

142

-3.4% YoY

Avg Grant Size

$17K

+12.9% YoY

Under IRS private-foundation payout rules, The Carney Family Charitable Foundation reported a distributable amount of $514K 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 mission centers on supporting organizations that build equitable and vibrant communities through capacity building and system-level change. Primary funding priorities include:

  • Catholic Education and Education Access — promoting and increasing access to quality education with special emphasis on Catholic education
  • Education — including science education and STEM initiatives
  • Human Services
  • Philanthropy, Voluntarism & Grantmaking

The foundation also supports established institutions and grassroots organizations working to strengthen their communities.

Grantmaking

The foundation made 110 grants in 2024 totaling approximately $1.9 million, with an additional 102 grants totaling $1,773,768 documented in recent filings.

Grant Range

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Geographic Focus

Where this funder awards grants

The foundation's geographic focus is concentrated in:

  • Greater New Bedford and Southeastern Massachusetts (primary emphasis)
  • Massachusetts (broader focus, including Boston area)
  • Florida
  • New York

Grant Distribution by State

18states
+10 more states

Cities

AcushnetAlexandriaAndoverArlingtonAshlandAttleboroBaltimoreBarringtonBerkleyBoca RatonBostonBoylstonBraintreeBridgewaterBristolBrocktonBrooklineBrooklynBuzzards BayCalabasas

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $9,449,892
  • Total giving: $2,430,218
  • Total revenues: $5,540,213
  • Total expenses: $2,866,831

As of 2023:

  • Total assets: $10 million
  • Annual distributions: $2.6 million
  • Annual giving: $2,247,960

The foundation is supported by the Carney Family Irrevocable Trust 1998.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$9,449,892$8,823,709$9,034,530
Revenue$5,540,213$4,768,417$5,730,807
Expenses$2,866,831$2,689,542$2,484,877
Qualifying Distributions$2,823,210$2,621,835$2,369,256
Net Investment Income$2,991,428$2,240,609$3,199,682
Distributable Amount$514,184$426,449$419,812

Giving Over Time

Total grant dollars and number of grants per year

$0$608K$1M$2M$2M99 grants2020110 grants2021142 grants2022147 grants2023142 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CATHOLIC FOUNDATION OF S…$200KDANA-FARBER CANCER INSTI…$200KCATHOLIC FOUNDATION OF S…$121KCOASTAL FOODSHED INC$65KCOMMUNITY ECONOMIC DEVEL…$65KCATHOLIC FOUNDATION OF S…$55KBISHOP STANG HIGH SCHOOL$50KBOYS AND GIRLS CLUB OF G…$50KCATHOLIC CHARITIES OF TH…$50KCOMMUNITY BOATING CENTER$50K

Grant Size Distribution

250 grants across all recorded years

201<$50K33$50–100K12$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Catholic Foundation of Southeastern Massachusetts ($200,000), Dana-farber Cancer Institute ($200,000), Catholic Foundation of Southeastern Massachusetts ($120,700).

RecipientPurposeAmount
3RD EYE YOUTH EMPOWERMENT INC NEW BEDFORD, MAGENERAL OPERATIONS$15,000
BERKLEY SCHOLARSHIP FUND BERKLEY, MA2024 GENERAL OPERATIONS$2,500
BIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS BOSTON, MAONE-TO-ONE MENTORING FOR NEW BEDFORD/SOUTH COAST YOUTH$10,000
BISHOP STANG HIGH SCHOOL NORTH DARTMOUTH, MAGAME ON: FIELD CAMPAIGN FOR BISHOP STANG$50,000
BOSTON CHILDREN'S HOSPITAL BOSTON, MAGENERAL OPERATIONS$500
BOSTON CHILDREN'S HOSPITAL BOSTON, MAFACIAL PLASTICS UNIT GENERAL OPERATIONS$10,000
BOSTON COLLEGE CHESTNUT HILL, MA2024 FLYNN FUND$10,000
BOSTON COLLEGE CHESTNUT HILL, MALYNCH LEADERSHIP ACADEMY-SOUTH COAST PARTNERSHIP$15,000
BOSTON COLLEGE CHESTNUT HILL, MAMESSINA COLLEGE SCHOLARSHIPS$3,000
BOYS AND GIRLS CLUB OF GREATER NEW BEDFORD NEW BEDFORD, MANEW BEDFORD WELLNESS INITIATIVE$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Glenn Oliveira — Executive Director

Compensation Overview

From 2024 IRS filing

GLENN OLIVEIRAEXECUTIVE DIRECTOR$104KDARLENE SPENCERPROGRAM DIRECTOR$55K

From 2024 filing

NameTitleHoursCompensation
COLLEEN CARNEY COURTNEYTRUSTEE1
DARLENE SPENCERPROGRAM DIRECTOR40$54,607
EDWARD H CARNEYTRUSTEE1
GLENN OLIVEIRAEXECUTIVE DIRECTOR40$104,046
KATHLEEN LARISATRUSTEE1
LILLIAN CARNEYPRESIDENT AND TRUSTEE1
PATRICK CARNEYTRUSTEE1
PATRICK CARNEY JRTRUSTEE1

Recent News & Activity

Recent developments and announcements

2024

**UMass Dartmouth Partnership:** The foundation awarded $460,000 to UMass Dartmouth to create a volunteer corps in honor of Claire T. Carney (2024)

UMass Dartmouth receives $460K to create volunteer corps
2024

**Carney Academy Playground:** Supported the development of a playground at Carney Academy in New Bedford as part of a multiyear team effort (2024)

Dream come true'': New Bedford''s Carney Academy playground a ...

Contact Information

Primary Address: Two Lakeshore Center Bridgewater, MA 02324

Secondary Address: 128 Union Street, Suite 501 New Bedford, MA 02740

Phone: (774) 202-5325

EIN: 04-6614314

Frequently Asked Questions

What does The Carney Family Charitable Foundation fund?

The foundation's mission centers on supporting organizations that build equitable and vibrant communities through capacity building and system-level change. Primary funding priorities include: • **Catholic Education and Education Access** — promoting and increasing access to quality education with special emphasis on Catholic education • **Education** — including science education and STEM initiatives • **Human Services** • **Philanthropy, Voluntarism & Grantmaking** The foundation also support…

How do I apply for a grant from The Carney Family Charitable Foundation?

**Grant Activity:** • Awarded 147 grants in 2023 • Awarded 110 grants in 2024 • Over an eight-year period, the foundation has distributed 965 grants total **Grant Sizes:** • Grant range: $468 to $200,000 • Median grant: $5,000 • Typical awards: $250–$200,000 **Recent Grants (2024):** • Dana-Farber Cancer Institute: $200,000 (Breast Cancer Immunology) • The Catholic Foundation of Southeastern Massachusetts: $200,000 (General Operations, Face & Catholic Charities) • The Catholic Foundation of Sou…

Where does The Carney Family Charitable Foundation make grants?

The foundation's geographic focus is concentrated in: • **Greater New Bedford and Southeastern Massachusetts** (primary emphasis) • **Massachusetts** (broader focus, including Boston area) • **Florida** • **New York**

What size grants does The Carney Family Charitable Foundation award?

In 2024, The Carney Family Charitable Foundation awarded 142 grants totaling $2.4M — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is The Carney Family Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carney Family Charitable Foundation reported a distributable amount of $514K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Carney Family Charitable Foundation's EIN?

The Carney Family Charitable Foundation's EIN (Employer Identification Number) is 04-6614314. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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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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