The Charlotte Foundation Inc
The Charlotte Foundation Inc is a private foundation based in Boston, Massachusetts. In 2024, it gave grants to charitable organizations, with the listed grant purposes described as operations budget assistance.
The Charlotte Foundation Inc at a glance
In short: The Charlotte Foundation Inc gave $487K across 35 grants in 2024 (avg $14K), mostly in Massachusetts. 23% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $487,274
- +7.9% vs 2023
- Grants made (2024)
- 35
- -40.7% vs 2023
- Average grant
- $13,922
- +81.9% vs 2023
- Median grant
- $1,000
- Total assets
- $7,990,682
- +13.8% vs 2023
- New grantees (estimate)
- 23% first-time grantees (8 of 35, 2024)
- Primary geography
- Massachusetts (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Charlotte Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 100 High Street 27Th Floor, Boston, MA 02110
Phone: (617) 868-1910
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Charlotte Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Social Innovation Forum ($226K). Together the top 10 received $464K.
Grant Size Distribution
274 grants across all recorded years
The most common grant size was under $50K: 262 grants of 274 (96%).
Geographic Focus
Where this funder awards grants
In 2024, 78% of grant dollars went to recipients in Massachusetts, 16% to New York, 3% to Connecticut, 2% to Rhode Island, and less than 1% to West Virginia.
Grant Distribution by State
Share of 2024 grant dollars across all 35 itemized grants.
States
Cities
Is The Charlotte Foundation Inc open to new grantees?
23%
first-time grantees, 2024
In 2024, 8 of 35 grantees (23%) were first-time recipients. First grants averaged $2K; repeat grants $17K. How we count
Medians: $1K first-time, $1K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving grew 42% from 2021 to 2024. Method
- In 2024 it paid out 141% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $201K (2020) to $537K (2022). In 2024 it made 35 grants totaling $487K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Social Innovation Forum Boston, MA | Operations budget assistance | $225,800 |
| EdVestors Inc Boston, MA | Operations budget assistance | $130,000 |
| Skidmore College Saratoga Springs, NY | Operations budget assistance | $76,000 |
| Yale Club of Boston Old Saybrook, CT | Operations budget assistance | $9,264 |
| The Avenue Concept Providence, RI | Operations budget assistance | $5,200 |
| Bridges Homeward Cambridge, MA | Operations budget assistance | $4,000 |
| Dwight Hall at Yale New Haven, CT | Operations budget assistance | $4,000 |
| Mass Poetry Roslindale, MA | Operations budget assistance | $3,500 |
| Shades Alumni Family Inc Brockton, MA | Operations budget assistance | $3,500 |
| Colab High School Stem Career Collaboration Watertown, MA | Operations budget assistance | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,990,682 | $839,560 | $707,738 | $487,274 | 35 | $555,290 | $733,386 | $394,103 |
| 2023 | $7,020,959 | $965,168 | $628,155 | $451,656 | 59 | $514,140 | $791,975 | $323,018 |
| 2022 | $6,166,412 | $632,953 | $744,959 | $537,004 | 48 | $610,796 | $720,139 | $288,004 |
| 2021 | $8,427,730 | $2,599,535 | $465,923 | $342,410 | 75 | $377,192 | $1,810,166 | $313,605 |
| 2020 | $6,205,380 | $524,130 | $307,644 | $200,850 | 57 | — | $263,883 | $238,715 |
Under IRS private-foundation payout rules, The Charlotte Foundation Inc reported a distributable amount of $394K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included organizations whose own missions span nonprofit capacity-building, public-school improvement, undergraduate education, public art, family support, and other work. For example, Social Innovation Forum says it connects community-led nonprofits with resources and capacity-building support; EdVestors says it connects Boston philanthropists with public-school improvement efforts; and The Avenue Concept says it promotes sustainable public art in Rhode Island.
Grantmaking
In 2024, the foundation awarded 35 grants totaling $487,274. Grants ranged from $100 to $225,800, with a median of $1,000. The largest awards were $225,800 to Social Innovation Forum, $130,000 to EdVestors, and $76,000 to Skidmore College. Other grants included $9,264 to Yale Club of Boston, $5,200 to The Avenue Concept, and $4,000 each to Bridges Homeward and Dwight Hall at Yale. The listed purposes for these grants were operations budget assistance.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Peter Thorne and Katherine Gross as directors.
The Charlotte Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter Thorne
Director
On filings since 2020
1 hr/week
No compensation reported
Katherine Gross
Director
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Charlotte Foundation Inc
How much does The Charlotte Foundation Inc give each year?
The Charlotte Foundation Inc gave $487K across 35 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $452K across 59 grants.
What is The Charlotte Foundation Inc's typical grant size?
The Charlotte Foundation Inc's median grant in 2024 was $1,000, and its average grant was $13,922, across 35 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Charlotte Foundation Inc that year got $2K on average.
Where does The Charlotte Foundation Inc give grants?
The Charlotte Foundation Inc gives mostly in Massachusetts: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (16%). The most frequent recipient cities were Boston, MA (8 grants), Block Island, RI (3 grants), Cambridge, MA (2 grants) and New Haven, CT (2 grants).
Does The Charlotte Foundation Inc give general operating support?
Not in 2024: none of the 35 grants with a stated purpose on The Charlotte Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations budget assistance" (35 grants).
Who are The Charlotte Foundation Inc's largest grantees?
The Charlotte Foundation Inc's largest 2024 grantees include Social Innovation Forum ($225,800), EdVestors Inc ($130,000) and Skidmore College ($76,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.
How large is The Charlotte Foundation Inc?
The Charlotte Foundation Inc reported $8.0M in total assets on its 2024 IRS Form 990-PF. It paid out $555K in qualifying distributions that year, against a required minimum of $394K (roughly 5% of its investment assets).
What does The Charlotte Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included organizations whose own missions span nonprofit capacity-building, public-school improvement, undergraduate education, public art, family support, and other work. See mission & focus areas ↑
How do I apply for a grant from The Charlotte Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Charlotte Foundation Inc's EIN?
The Charlotte Foundation Inc's EIN (Employer Identification Number) is 04-3493343. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Charlotte Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Charlotte Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-charlotte-foundation-inc-morg_e90e06c3fad24a2c80a11a23958d6428
BibTeX
@misc{grantable_043493343_2026,
author = {{Grantable}},
title = {{The Charlotte Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-charlotte-foundation-inc-morg_e90e06c3fad24a2c80a11a23958d6428},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Charlotte Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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