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The Charles Foundation at a glanceAlso receives grants: funding profile →

· 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 FY2024still arriving
7
Grants FY2024still arriving
1
States reached
$130k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

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.

01What it funds
0189% 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
02FY2024 · 7 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k2 grants · $10k
  • $10k–50k4 grants · $50k
  • $50k–250k1 grant · $130k
$10,000
Median grant
1
States reached
$4.1M
Total assets
Largest grants
RecipientAmount
COREWELL HEALTH FOUNDATION$130,000
CONDUCTIVE LEARNING CENTER$20,000
FOREST HILLS PUBLIC SCHOOLS FOUNDATION$10,000
CASCADE CHRISTIAN CHURCH$10,000
Individual grant recipient$10,000
GILDA'S CLUB GRAND RAPIDS$5,000
DA BLODGETT - ST JOHNS$5,000
02The need
03

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:

Dollar for dollar, its grants (FY19–25) land where the poverty rate runs at 9%, against an area that typically sits at 8%. 89% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%NATIONAL PHILANTHROPIC TRUST: $165k → 7%CELIAC DISEASE CENTER AT COLUMBIA UNIVERSITY: $25k → 17%CASCADE CHRISTIAN CHURCH: $20k → 11%BESSEMER NATIONAL GIFT FUND: $170k → 8%CONDUCTIVE LEARNING CENTER: $20k → 11%BESSEMER GIVING FUND: $165k → 8%CONDUCTIVE LEARNING CENTER: $20k → 11%BESSEMER GIVING FUND: $150k → 8%CONDUCTIVE LEARNING CENTER: $20k → 11%BESSEMER GIVING FUND: $75k → 8%CASCADE CHRISTIAN CHURCH: $20k → 11%CASCADE CHRISTIAN CHURCH: $20k → 11%FOREST HILLS PUBLIC SCHOOLS FOUNDATION: $10k → 11%FOREST HILLS PUBLIC SCHOOLS FOUNDATION: $10k → 11%CASCADE CHRISTIAN CHURCH: $10k → 11%FOREST HILLS PUBLIC SCHOOLS FOUNDATION: $10k → 11%CONDUCTIVE LEARNING CENTER: $10k → 11%CONDUCTIVE LEARNING CENTER: $10k → 11%CASCADE CHRISTIAN CHURCH: $10k → 11%FOREST HILLS PUBLIC SCHOOLS FOUNDATION: $10k → 11%FOREST HILLS PUBLIC SCHOOLS FOUNDATION: $10k → 11%CONDUCTIVE LEARNING CENTER: $10k → 11%FOREST HILLS PUBLIC SCHOOLS FOUNDATION: $10k → 11%CASCADE CHRISTIAN CHURCH: $10k → 11%CONDUCTIVE LEARNING CENTER: $10k → 11%GILDA'S CLUB GRAND RAPIDS: $5k → 11%GILDA'S CLUB GRAND RAPIDS: $5k → 11%COREWELL HEALTH FOUNDATION: $130k → 11%COREWELL HEALTH FOUNDATION: $130k → 11%SPECTRUM HEALTH FOUNDATION: $100k → 11%SPECTRUM HEALTH FOUNDATION: $25k → 11%SPECTRUM HEALTH FOUNDATION: $20k → 11%MARY FREE BED REHABILITATION HOSPITAL: $10k → 11%MARY FREE BED: $10k → 11%DA BLODGETT - ST JOHNS: $5k → 11%MARY FREE BED: $5k → 11%DA BLODGETT - ST JOHNS: $5k → 11%DA BLODGETT - ST JOHNS: $5k → 11%DA BLODGETT - ST JOHNS: $5k → 11%DA BLODGETT - ST JOHNS: $5k → 11%MARY FREE BED: $5k → 11%MARY FREE BED: $5k → 11%MARY FREE BED: $5k → 11%DA BLODGETT - ST JOHNS: $5k → 11%0%20%40%50%more need →
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.
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.

99%of every dollar goes to organizations it has funded before.
$725k · 8 repeat orgs$10k to everyone else

8 repeat relationships: 7 still active in FY2024, 1 since wound down; 1 grantees were first funded in FY2024 (too recent to call). Read against FY2024, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.

How the two cohorts compare

Re-uppedFunded once

Organizations

8
1

Total granted

$725k
$10k

Median revenue growth · since first grant

-15%
0%

Still filing today

63%
100%

New vs renewed · share of each year

In FY2025, 67% of grant dollars renewed an existing relationship; $10k went to new ones.

50%100%’19’20’21’22’23’24’25
RenewedFirst-time

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

’19’20’21’22’23’24’25
HealthCivil RightsEducationOther
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

  • CH
    COREWELL HEALTH FOUNDATION
    2× · 2023–2024 · $260k
  • CH
    COREWELL HEALTH FOUNDATION WEST MICHIGAN
    3× · 2020–2022 · $145k
  • CL
    Conductive Learning Center of North America
    7× · 2019–2025 · $100k · revenue -45%

Funded once

  • MF
    MARY FREE BED REHABILITATION HOSPITAL
    one grant, 2025 · $10k · revenue 0%
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.

1
Stony Brook Internists University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
2
Neurology Associates of Stony Brook University Faculty Practice Corp

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
3
North Shore Health System Medical Faculty Group Practice

North shore health system medical faculty group practice (the corporation) functions as an extension of the northwell health hospitals by bringing medical care to community settings, providing care to medicare, medicaid, and other…

Health
4
Stony Brook Surgical Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
5
Stony Brook Childrens Services University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
6
Stony Brook Orthopedic Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
7
Stony Brook Ophthalmology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
8
Good Samaritan Hospital Foundation

We, at ch, humbly join together to bring christ's healing mission and the mission of mercy of the catholic church expressed in catholic health care to our communities.

—
9
Northeast College of Health Sciences

Northeast college of health sciences (the college) is committed to academic excellence, leadership, and professional best practices in the health sciences.

Education
10
University Family Physicians Inc

Engage actively and continuously in medical research, education and training in the practice of medicine in conjunction with the department of family medicine of the indiana university school of medicine and indiana university…

—
11
The Northern Michigan University Foundation

The nmu foundation will establish and foster relationships to generate resources that benefit the strategic goals of northern michigan university.

Education
12
Corewell Health

To improve health, instill humanity and inspire hope.

Health
How this is measured
The grantee most central to the portfolio’s shape is Gilda's Club Grand Rapids; the most unlike its peers is Forest Hills Public Schools Foundation. 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

9 grantees tracked through their own filings, 2017–2025.

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 2025, not grant rows in a single year, so this will not match the grant count on the cover. 9 of the 12 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.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
9/9
Grantees still filing
3/9
Grew since first funded

Where the money sits, by cause and then by grantee

THE BESSEMER GIVING FUND: $560,000 · PhilanthropyTHE BESSEMER GIVING FUNDNATIONAL PHILANTHROPIC TRUST: $165,000 · PhilanthropyNATIONAL PHILANTHROPIC TRUSTCOREWELL HEALTH FOUNDATION: $260,000 · OtherCOREWELL HEALTH FOUNDATIONCASCADE CHRISTIAN CHURCH: $90,000 · OtherCASCADE CHRISTIAN CHURCHFOREST HILLS PUBLIC SCHOOLS FOUNDATION: $60,000 · OtherFOREST HILLS PUBLIC SCHOOLS FOUNDAT…Individual grant recipient: $30,000 · OtherIndividual grant recipientDA BLODGETT - ST JOHN'S: $30,000 · OtherDA BLODGETT - ST JOHN'SCOREWELL HEALTH FOUNDATION WEST MICHIGAN: $145,000 · HealthCOREWELL HE…MARY FREE BED REHABILITATION HOSPITAL: $10,000 · HealthMARY FREE B…Conductive Learning Center of North America: $100,000 · EducationConductiv…THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $25,000 · EducationTHE TRUST…GILDA'S CLUB GRAND RAPIDS: $10,000 · Civil Rights
Philanthropy$725,000Other$470,000Health$155,000Education$125,000Civil Rights$10,000

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

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetTHE BESSEMER GIVING FUND: $560,000 over 4y, 0.1% of budgetNATIONAL PHILANTHROPIC TRUST: $165,000 over 1y, 0.0% of budgetConductive Learning Center of North America: $100,000 over 7y, 3.5% of budgetFOREST HILLS PUBLIC SCHOOLS FOUNDATION: $60,000 over 6y, 3.5% of budgetDA BLODGETT - ST JOHN'S: $30,000 over 6y, 0.0% of budgetTHE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $25,000 over 1y, 0.0% of budgetGILDA'S CLUB GRAND RAPIDS: $10,000 over 2y, 0.3% of budgetMARY FREE BED REHABILITATION HOSPITAL: $10,000 over 1y, 0.0% of budget
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.

Grand Rapids Communit…Douglas & Maria Devos…Peter C & Emajean Coo…Heart of West Michiga…Frey FoundationNatl Christian Charit…The Bank of America C…Fidelity Investments …Donor Advised Charita…Amazonsmile Foundation
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.

How much its grantees rely on government

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

2024
’20’21’22’23’24’25
no gov · 10%0%1%3%5%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    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.

    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

    Play a game based on Charles’ 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