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New York · Private foundation

The Charles Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$190k
Granted FY2024(still arriving)
7
Grants FY2024
7
Organizations funded FY2023
29%
First-time grantees FY2023
Read the full brief

Read this first · the figures below need context

85% of The Charles Foundation’s FY2025 grant dollars went to National Philanthropic Trust, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2025 names 2 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2024, the last year The Charles Foundation named its own grantees at scale: 5 organizations, $190k. It is dated, not current.

Organizations named directly on the return

4
’19
5
’20
5
’21
5
’22
5
’23
5
’24
2
’25

Amber years are those where most dollars went to a sponsor.

Median grant, FY2024
$10,000
Largest grant, FY2024
$130,000
Organizations funded a year
4 to 7
FY2019 to FY2023
States reached, FY2024
1
Total assets, FY2024
$4.1M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 29% of the organizations The Charles Foundation funded were first-time grantees, receiving 69% of its grant dollars.

New vs renewed · share of each year

In FY2023, 31% of grant dollars renewed an existing relationship; $135k went to new ones.

50%100%’20’21’22’23
RenewedFirst-time

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

’20’21’22’23
HealthCivil RightsOther
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving7$190k0%
FY20237$195k29%
FY20226$75k0%
FY20216$70k0%
FY20206$140k33%
FY20194$35kn/a
89% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2025.

Philanthropy$725kHealth$550kReligion$90kEducation$60kHuman Services$30kOther$0

Top grantees

Largest recipients by total granted, FY2019 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Corewell Health Foundation West Michigan$145,0003n/a
Conductive Learning Center of North America$100,00074%
Cascade Christian Church$90,0006n/a
Forest Hills Public Schools Foundation$60,00063%
Da Blodgett - St John's$30,00060%
Gilda's Club Grand Rapids$10,00020%
Mary Free Bed Rehabilitation Hospital$10,00010%

Plus 2 recipients with no EIN on record ($290k), not named here.

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.

Grand Rapids Community FoundationMI15.6× affinity5 shared granteesties to 9 of 9Hover any node to trace its alignments.Compare side by side →

Open a dossier: Grand Rapids Community Foundation · Douglas & Maria Devos Foundation · Peter C & Emajean Cook Foundation · Heart of West Michigan United Way · Frey Foundation · Natl Christian Charitable Fdn Inc · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile Foundation

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.

Compare The Charles Foundation with peer funders

About The Charles Foundation

How much does The Charles Foundation give?
The Charles Foundation reported 7 grants totaling $190,000 in its FY2024 IRS filing. It funded between 4 and 7 organizations a year over FY2019 to FY2023.
What does The Charles Foundation fund?
By grant dollars over FY2019 to FY2025, its largest causes are Philanthropy (49%), Health (37%), Religion (6%).
Who are The Charles Foundation's largest grantees?
By total granted over FY2019 to FY2025: Corewell Health Foundation West Michigan ($145k), Conductive Learning Center of North America ($100k), Cascade Christian Church ($90k).
Does The Charles Foundation fund new organizations?
In FY2023, 29% of the organizations it funded were first-time grantees.
Does The Charles Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as The Charles Foundation?
Its strongest co-funders, measured against what their size predicts, include Grand Rapids Community Foundation, Douglas & Maria Devos Foundation, Peter C & Emajean Cook Foundation.
Where is The Charles Foundation based?
The Charles Foundation is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 12 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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