The Charlotte Foundation Inc

BOSTON, MA EIN: 04-3493343

The Charlotte Foundation Inc is a private independent foundation established in 1999 and based in Boston, Massachusetts. The foundation operates as a grantmaking organization focused on providing operational support to nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.0M

+13.8% YoY

Annual Giving

$487K

+7.9% YoY

Grant Count

35

-40.7% YoY

Avg Grant Size

$14K

+81.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The Charlotte Foundation makes grants primarily focused on operations budget assistance for nonprofit organizations. Recent grant activity includes:

Grant Range

s typically range from $100 to $225,800, with recent median and average grant amounts reflecting this range.

Average Grant

amounts reflecting this range.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts, Rhode Island, and Connecticut.

Grant Distribution by State

20states
+12 more states

Cities

ArlingtonAtlantaAustinBlock IslandBoatonBostonBrocktonCambridgeCharlotteDorchesterEast BostonFort CollinsFoxboroughGreat BarringtonGreenwichHarpers FerryJamaica PlainKearnyLakewood RanchLexington

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $7,990,682
  • Total Revenues: $839,560
  • Total Expenses: $707,738
  • Total Giving: $487,274

Revenue Composition (2024):

  • Investment income and dividends: $115,123
  • Net gain from sale of non-inventory assets: $653,908
  • Total grants and contributions received: $0

Year-over-Year Changes (2024 vs. 2023):

  • Investment income increased 46.6%
  • Net gains from asset sales increased 1,463.2%
  • Total grants and contributions decreased 100% from $488,177 in 2023

Staffing: The foundation operates with 0 employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$715K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$7,990,682$7,020,959$6,166,412
Revenue$839,560$965,168$632,953
Expenses$707,738$628,155$744,959
Qualifying Distributions$555,290$514,140$610,796
Net Investment Income$733,386$791,975$720,139
Distributable Amount$394,103$323,018$288,004

Giving Over Time

Total grant dollars and number of grants per year

$0$134K$269K$403K$537K57 grants202075 grants202148 grants202259 grants202335 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Social Innovation Forum$226KEdVestors Inc$130KSkidmore College$76KYale Club of Boston$9KThe Avenue Concept$5KBridges Homeward$4KDwight Hall at Yale$4KMass Poetry$4KShades Alumni Family Inc$4KColab High School Stem C…$3K

Grant Size Distribution

233 grants across all recorded years

222<$50K3$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Peter ThorneDirector1
Katherine GrossDirector1

Contact Information

Address: 100 High St, Floor 27, Boston, MA 02110-2321
Phone: 617-868-1910
EIN: 04-3493343

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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