How much does Charles L Read Foundation give?

Charles L Read Foundation reported 78 grants totaling $216,000 in its FY2024 IRS filing. It funded between 69 and 73 organizations a year over FY2020 to FY2023.

What does Charles L Read Foundation fund?

By grant dollars over FY2020 to FY2024, its largest causes are Education (26%), Health (14%), Environment (12%).

Who are Charles L Read Foundation's largest grantees?

By total granted over FY2020 to FY2024: South Shore University Hospital ($50k), Hancock Partners Inc ($24k), Maine Island Trail Association ($23k).

Does Charles L Read Foundation fund new organizations?

In FY2023, 22% of the organizations it funded were first-time grantees.

Does Charles L Read Foundation accept unsolicited applications?

Its most recent filing reports that it accepts unsolicited grant applications.

Which funders back the same organizations as Charles L Read Foundation?

Its strongest co-funders, measured against what their size predicts, include Investors Foundation Inc, The Hyde and Watson Foundation, Community Foundation of New Jersey.

Where is Charles L Read Foundation based?

Charles L Read Foundation is based in NY.

Charles L Read Foundation

Charles L Read Foundation at a glance

· Private foundation

Charles L Read Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$216k

Granted FY2024still arriving

Grants FY2024still arriving

States reached

$24k

Largest

01What it funds

0191% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$263kHealth$140kEnvironment$120kArts & Culture$89kFood & Nutrition$57kReligion$51kHuman Services$43kAnimals$26kOther$0

02FY2024 · 78 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

Under $10k75 grants · $172k
$10k–50k3 grants · $44k

$2,000

Median grant

States reached

$4.1M

Total assets

Largest grants
Recipient	Amount
TRUST AND AGENCY FUND HANCOCK CENTRAL SCHOOL	$24,000
SOUTH SHORE UNIVERSITY HOSPITAL	$10,000
LOUISA ADELIA READ MEMORIAL LIBRARY	$10,000
UNITED METHODIST CHURCH OF MADISON	$5,000
HANCOCK PARTNERS	$5,000
MANCOS CREATIVE DISTRICT	$5,000
BRECKENRIDGE THANKSGIVING HOCKEY NITE	$4,000
MUSEUM OF EARLY TRADES AND CRAFTS	$4,000
REBUILDING TOGETHER KENT COUNTY	$4,000
UNIV OF VA LAW FDN	$4,000
PHIPPSBURG LAND TRUST	$4,000
THE FIT AND FOOD CONNECTION	$4,000
MANCOS VALLEY RESOURCES	$4,000
FREEDOM HOUSE	$4,000
MAINE ISLAND TRAIL ASSOC	$4,000

02The need

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–24, $52k) land where the poverty rate runs at 6%, against an area that typically sits at 10%. 10% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

grant to an above-average-need area below average· circle size = grant amount

How this is measured

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

How this is measured

US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.

03Its grantees

repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

93%of every dollar goes to organizations it has funded before.

$910k · 80 repeat orgs$68k to everyone else

Grantees it renews have grown median revenue +42% since the first grant, against +7% for those funded once.

80 repeat relationships: 64 still active in FY2024, 16 since wound down; 13 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

Total granted

$910k

$50k

Median revenue growth · since first grant

+42%

+7%

Still filing today

60%

30%

New vs renewed · share of each year

In FY2024, 91% of grant dollars renewed an existing relationship; $19k went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

EducationHuman ServicesHealthArts & CultureEnvironmentFood & NutritionOther

How this is measured

First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

SS
SOUTH SHORE UNIVERSITY HOSPITAL
5× · 2020–2024 · $50k · revenue +54%
HP
HANCOCK PARTNERS INC
5× · 2020–2024 · $24k · revenue +43%
Maine Island Trail Association
5× · 2020–2024 · $23k · revenue +38%

Funded once

UM
UNITED METHODIST CHURCH
one grant, 2020 · $3k
IG
Individual grant recipient
one grant, 2020 · $3k
BS
BARRINGTON STAGE COMPANY INCgraduated
one grant, 2020 · $3k · revenue +43%

How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

MaineGeneral Health

To enhance, every day, the health of our patients, our families and our communities. We do that through a range of health care services for people of all ages, in a variety of care settings.

Health

Midcoast Conservancy

The mission of Midcoast Conservancy is to protect vital lands and waters on a scale that matters and to inspire wonder and action on behalf of all species and the Earth.

Environment

Islesboro Islands Trust

The mission of Islesboro Islands Trust is to enhance the quality of residents' lives through the preservation of open space, educate all residents as to the value of the island's natural ecosystems, and act as an environmental advocate on…

Philanthropy

Coastal Mountains Land Trust

We conserve land permanently to benefit the natural and human communities of western the Penobscot Bay region.

Environment

Maine Farmland Trust

Maine Farmland Trust protects farmland, supports farmers, and advances the future of farming.

Food & Nutrition

Nantucket Conservation Foundation Inc

The nantucket conservation foundation owns, protects, and stewards over 9,000 acres of land and coastal shoreline, conserves nantucket's rare and significant natural resources, and engages in impactful ecological research to inform…

Environment

Maine Appalachian Trail Land Trust

To preserve and protect land surrounding the appalachian trail in maine for public benefit.

Environment

Mount Desert Land and Garden Preserve

The mission of the mount desert land & garden preserve is to conserve and share the beauty of our historic lands and gardens.

—

Maine Medical Association

To support maine physicians, advance the quality of medicine in maine, and promote the health of all maine people.

—

Somerset Woods Trustees

To conserve lands with significant ecological or cultural resources and manage them in a sustainable way for public benefit.

Environment

Maine Media College

Maine Media Workshops & College educates and inspires visual artists and storytellers to achieve their creative potential. We provide lifelong learning opportunities for those pursuing the fine arts and media-related professions. We are…

—

Native Plant Trust Inc

The organization's mission is to conserve and promote new england's native plants to ensure healthy, biologically diverse landscapes.

Environment

How this is measured

The grantee most central to the portfolio’s shape is The Seeing Eye Inc; the most unlike its peers is Blood Cancer United Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

04the grantee network

65 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 65 of the 126 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

Load-bearing (≥25% of a budget)

Early backer (in before they grew)

64/65

Grantees still filing

52/65

Grew since first funded

Where the money sits, by cause and then by grantee

Other$619,000Health$116,000Environment$68,500Education$61,000Human Services$57,000Arts & Culture$54,500Recreation & Sports$24,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Investors Foundation IncNJ21.9× affinity9 shared granteesties to 6 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Investors Foundation Inc · The Hyde and Watson Foundation · Community Foundation of New Jersey · Maine Community Foundation Inc · Citizens Philanthropic Foundation Inc · Atlantic Federal Credit Union Foundation · Libra Foundation · The Widgeon Point Charitable Foundation · Davis Conservation Foundation · The Provident Bank Foundation · Morton-Kelly Charitable Trust · Fm Kirby Foundation Inc

How this is measured

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Charles L Read Foundation funds: left to right is the share of its income from government, bottom to top the share from Charles L Read Foundation. Bigger dots raise more.

2024

’20’21’22’23’24’25

no gov moneyreceives it· size = income

8get no government money at all

20report government grants on their 990 we could not trace to a source (not plotted)

0rely on government for over half their income

typical government reliance, FY20–25

How this is measured

Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Charles L Read Foundation?

Find your warmest path to Charles L Read Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

Play a game based on Charles L Read’s filings →

More from the funding graph

The unnamed billions

grants reported with no recipient in the public record

The regranting layer

51% of grant dollars land in the regranting layer

The DAF merry-go-round

$9.7B circulates between donor-advised funds

The endowment market

who holds foundation money, and what just moved

The camps

funders cluster by geography, not ideology

By state

where grant money is based, and what stays home