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
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.
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
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).
| Recipient | Purpose | Amount |
|---|---|---|
| 3RD EYE YOUTH EMPOWERMENT INC NEW BEDFORD, MA | GENERAL OPERATIONS | $15,000 |
| BERKLEY SCHOLARSHIP FUND BERKLEY, MA | 2024 GENERAL OPERATIONS | $2,500 |
| BIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS BOSTON, MA | ONE-TO-ONE MENTORING FOR NEW BEDFORD/SOUTH COAST YOUTH | $10,000 |
| BISHOP STANG HIGH SCHOOL NORTH DARTMOUTH, MA | GAME ON: FIELD CAMPAIGN FOR BISHOP STANG | $50,000 |
| BOSTON CHILDREN'S HOSPITAL BOSTON, MA | GENERAL OPERATIONS | $500 |
| BOSTON CHILDREN'S HOSPITAL BOSTON, MA | FACIAL PLASTICS UNIT GENERAL OPERATIONS | $10,000 |
| BOSTON COLLEGE CHESTNUT HILL, MA | 2024 FLYNN FUND | $10,000 |
| BOSTON COLLEGE CHESTNUT HILL, MA | LYNCH LEADERSHIP ACADEMY-SOUTH COAST PARTNERSHIP | $15,000 |
| BOSTON COLLEGE CHESTNUT HILL, MA | MESSINA COLLEGE SCHOLARSHIPS | $3,000 |
| BOYS AND GIRLS CLUB OF GREATER NEW BEDFORD NEW BEDFORD, MA | NEW 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
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
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
Browse active grant opportunities in The Carney Family Charitable Foundation's focus areas in our free grants database
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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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