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Massachusetts · Private foundation

The Steven E and Michelle Karol Charitable Foundation Trust

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$51k
Granted FY2024(still arriving)
24
Grants FY2024
25
Organizations funded FY2023
12%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$500
Largest grant, FY2024
$27,001
Organizations funded a year
5 to 28
FY2017 to FY2023
States reached, FY2024
9
Total assets, FY2024
$74k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 12% of the organizations The Steven E and Michelle Karol Charitable Foundation Trust funded were first-time grantees, receiving 13% of its grant dollars.

New vs renewed · share of each year

In FY2023, 87% of grant dollars renewed an existing relationship; $6k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

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

’18’19’20’21’22’23
Arts & CultureHealthAnimalsYouth DevelopmentPublic Safety & DisasterPhilanthropyOther
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 arriving24$51k25%
FY202325$45k12%
FY202227$139k26%
FY202124$80k25%
FY202028$62k50%
FY201917$69k53%
FY20185$30k60%
FY201716$30kn/a
96% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Arts & Culture$214kEducation$84kHealth$70kPhilanthropy$43kAnimals$14kYouth Development$13kReligion$8kInternational$7kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

VT
IL
NY
MA
RI
CA
CO
VA
MD
TN
SC
DC
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 44 grantees
All grantees of The Steven E and Michelle Karol Charitable Foundation Trust by total granted
GranteeTotal grantedYearsShare of their budget
Huntington Theatre Co Inc$185,00050%
Vermont Academy$72,12370%
Spring Island Trust Foundation Inc$40,40081%
The Breast Cancer Research Foundation Inc$20,00020%
Boston Ballet Inc$10,50050%
Noah's Arks Rescue$10,00061%
Trustees of Tufts College$10,00010%
Hopeful Horizons$7,50060%
Rodman For Kids Inc$6,00020%
International Medical Corps$5,75030%
Malice Domestic Ltd$5,000110%
Tenacity Inc$5,00020%
John D Mineck Foundation$3,00021%
WGBH Educational Foundation$2,75040%
Beaufort Memorial Hospital Foundation$2,50030%
Two State Young Men's Christian Association Inc$2,25050%
Beacon Hill Circle for Charity Inc$2,25051%
Marshview Community Organic Farm$2,10050%
American National Red Cross & Its Constituent Chapters and Branches$2,00010%
National Brain Tumor Society Inc$2,00030%
Museum of Fine Arts$1,75070%
Friends of Florence$1,50020%
ETV Endowment of South Carolina Inc$1,25030%
The Royal Oak Foundation Inc$1,25050%
Proprietors of the Boston Athenaeum$1,20050%
Charleston Animal Society$85040%
March of Dimes Inc$80830%
Jumpstart for Young Children Inc$75030%
Great Dog Rescue NE Inc$75030%
Youth Advocacy Foundation Inc$50010%
St Jude Children's Research Hospital Inc$50010%
Bourne Conservation Trust$50010%
The Trustees of Reservations$50010%
Boston Arts Academy Foundation Inc$50010%
Misnomer Inc$50010%
National Disaster Search Dog Foundation$50020%
Rosie's Place Inc$30030%
Audubon Society of Rhode Island$25010%
Falmouth Jewish Congregation Inc$2501n/a
The Performance Zone Inc$25010%
Port Royal Sound Foundation$25010%
Medecins Sans Frontieres USA Inc$20010%
Brookline Music School Inc$10010%
Nichols House Museum Inc$471n/a

What it could do for these grantees

Plus 20 recipients with no EIN on record ($94k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget The Steven E and Michelle Karol Charitable Foundation Trust supplied at peak.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetHuntington Theatre Co Inc: $185,000 over 5y, 0.3% of budgetVermont Academy: $72,123 over 7y, 0.2% of budgetSpring Island Trust Foundation Inc: $40,400 over 8y, 1.3% of budgetThe Breast Cancer Research Foundation Inc: $20,000 over 2y, 0.0% of budgetBoston Ballet Inc: $10,500 over 5y, 0.0% of budgetNoah's Arks Rescue: $10,000 over 6y, 0.6% of budgetTrustees of Tufts College: $10,000 over 1y, 0.0% of budgetHopeful Horizons: $7,500 over 6y, 0.1% of budgetRodman For Kids Inc: $6,000 over 2y, 0.2% of budgetInternational Medical Corps: $5,750 over 3y, 0.0% of budgetMalice Domestic Ltd: $5,000 over 1y, 10.0% of budgetTenacity Inc: $5,000 over 2y, 0.1% of budgetJohn D Mineck Foundation: $3,000 over 2y, 1.1% of budgetWGBH Educational Foundation: $2,750 over 4y, 0.0% of budgetBeaufort Memorial Hospital Foundation: $2,500 over 3y, 0.0% of budgetTwo State Young Men's Christian Association Inc: $2,250 over 5y, 0.0% of budgetBeacon Hill Circle for Charity Inc: $2,250 over 5y, 0.9% of budgetMarshview Community Organic Farm: $2,100 over 5y, 0.3% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $2,000 over 1y, 0.0% of budgetNational Brain Tumor Society Inc: $2,000 over 3y, 0.0% of budgetMuseum of Fine Arts: $1,750 over 7y, 0.0% of budgetFriends of Florence: $1,500 over 2y, 0.1% of budgetETV Endowment of South Carolina Inc: $1,250 over 3y, 0.0% of budgetThe Royal Oak Foundation Inc: $1,250 over 5y, 0.0% of budgetProprietors of the Boston Athenaeum: $1,200 over 5y, 0.0% of budgetCharleston Animal Society: $850 over 4y, 0.0% of budgetMarch of Dimes Inc: $808 over 3y, 0.0% of budgetJumpstart for Young Children Inc: $750 over 3y, 0.0% of budgetGreat Dog Rescue NE Inc: $750 over 3y, 0.0% of budgetYouth Advocacy Foundation Inc: $500 over 1y, 0.1% of budgetSt Jude Children's Research Hospital Inc: $500 over 1y, 0.0% of budgetBourne Conservation Trust: $500 over 1y, 0.2% of budgetThe Trustees of Reservations: $500 over 1y, 0.0% of budgetBoston Arts Academy Foundation Inc: $500 over 1y, 0.0% of budgetMisnomer Inc: $500 over 1y, 0.2% of budgetNational Disaster Search Dog Foundation: $500 over 2y, 0.0% of budgetRosie's Place Inc: $300 over 3y, 0.0% of budgetAudubon Society of Rhode Island: $250 over 1y, 0.0% of budgetThe Performance Zone Inc: $250 over 1y, 0.0% of budgetPort Royal Sound Foundation: $250 over 1y, 0.1% of budgetMedecins Sans Frontieres USA Inc: $200 over 1y, 0.0% of budgetBrookline Music School Inc: $100 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 42.

Nonprofits that may fit its grantmaking

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.

Dan and Merrie Boone Foundation IncDE15.7× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Dan and Merrie Boone Foundation Inc · Community Foundation of the Lowcountry · Boston Foundation Inc · Coastal Community Foundation of South Carolina Inc · Combined Jewish Philanthropies of Greater Boston Inc · Amica Companies Foundation · Fidelity Foundation · National Philanthropic Trust · Aetna Foundation Inc · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · American Endowment 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 Steven E and Michelle Karol Charitable Foundation Trust with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The Steven E and Michelle Karol Charitable Foundation Trust?

Find your warmest path to The Steven E and Michelle Karol Charitable Foundation Trust 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.

About The Steven E and Michelle Karol Charitable Foundation Trust

How much does The Steven E and Michelle Karol Charitable Foundation Trust give?
The Steven E and Michelle Karol Charitable Foundation Trust reported 24 grants totaling $51,251 in its FY2024 IRS filing. It funded between 5 and 28 organizations a year over FY2017 to FY2023.
What does The Steven E and Michelle Karol Charitable Foundation Trust fund?
By grant dollars over FY2017 to FY2024, its largest causes are Arts & Culture (42%), Education (17%), Health (14%).
Who are The Steven E and Michelle Karol Charitable Foundation Trust's largest grantees?
By total granted over FY2017 to FY2024: Huntington Theatre Co Inc ($185k), Vermont Academy ($72k), Spring Island Trust Foundation Inc ($40k).
Does The Steven E and Michelle Karol Charitable Foundation Trust fund new organizations?
In FY2023, 12% of the organizations it funded were first-time grantees.
Does The Steven E and Michelle Karol Charitable Foundation Trust 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 Steven E and Michelle Karol Charitable Foundation Trust?
Its strongest co-funders, measured against what their size predicts, include Dan and Merrie Boone Foundation Inc, Community Foundation of the Lowcountry, Boston Foundation Inc.
Where is The Steven E and Michelle Karol Charitable Foundation Trust based?
The Steven E and Michelle Karol Charitable Foundation Trust is based in MA.

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 64 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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