The Carney Family Charitable Foundation
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Glenn Oliveira — Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COLLEEN CARNEY COURTNEY | TRUSTEE | 1 | — |
| DARLENE SPENCER | PROGRAM DIRECTOR | 40 | $54,607 |
| EDWARD H CARNEY | TRUSTEE | 1 | — |
| GLENN OLIVEIRA | EXECUTIVE DIRECTOR | 40 | $104,046 |
| KATHLEEN LARISA | TRUSTEE | 1 | — |
| LILLIAN CARNEY | PRESIDENT AND TRUSTEE | 1 | — |
| PATRICK CARNEY | TRUSTEE | 1 | — |
| PATRICK CARNEY JR | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
**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**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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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