· 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.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where the money goes
Grants by size, and the largest recipients.
By grant size · FY2024
- Under $10k22 grants · $14k
- $10k–50k2 grants · $37k
| Recipient | Amount |
|---|---|
| BAPTIST HEALTH | $27,001 |
| TUFTS UNIVERSITY | $10,000 |
| SPRING ISLAND TRUST FOUNDATION | $5,000 |
| VERMONT ACADEMY | $1,000 |
| NOAH'S ARK RESCUE | $1,000 |
| RODMAN FOR KIDS | $1,000 |
| YOUTH ADVOCACY FOUNDATION | $500 |
| MARSHVIEW COMMUNITY ORGANIC FARM | $500 |
| BEAUFORT MEMORIAL FOUNDATION | $500 |
| HOPEFUL HORIZONS | $500 |
| BOURNE CONSERVATION TRUST | $500 |
| THE NATIONAL BRAIN TUMOR SOCIETY | $500 |
| ST JUDE CHILDREN'S RESEARCH HOSPTAL | $500 |
| THE NATURE CONSERVATORY | $250 |
| CYSTIC FIBROSIS FOUNDATION | $250 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Its human-services grants (FY21–21, $2k) land where the poverty rate runs at 14%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
Which US states its grants reach
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
38 repeat relationships: 18 still active in FY2024, 20 since wound down; 6 grantees were first funded in FY2024 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 24% of grant dollars renewed an existing relationship; $39k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
HUNTINGTON THEATRE CO INC5× · 2017–2022 · $185k · revenue +139%- VAVERMONT ACADEMY7× · 2017–2024 · $72k · revenue +38%
THE BREAST CANCER RESEARCH FOUNDATION INC2× · 2021–2023 · $20k · revenue +59%
Funded once
- MDMalice Domestic Ltdgraduatedone grant, 2020 · $5k · revenue +171%
- ANAmerican National Red Cross & Its Constituent Chapters and Branchesgraduatedone grant, 2021 · $2k · revenue +27%
- IGIndividual grant recipientone grant, 2019 · $1k
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.
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.
The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.
Organization's mission: boston university is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world.…
Bringing people together for experiences that spark creativity and innovative thinking by making inspiring educational connections among art, history, and natural science.
Our mission is to ensure that the people of greater boston benefit from a vibrant, resilient, and inclusive waterfront, harbor, and islands; these spaces are equitable, accessible, and adapted to climate change; and to ensure our public,…
The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.
The mission of rhode island school of design, through its college and museum,is to educate its students and the public in the creation and (see schedule o)appreciation of works of art and design, to discover and transmit knowledge and to…
The mission of the brooklyn institute of arts and sciences, d/b/a brooklyn museum (the "museum") is to bring people together through art and experiences that inspire celebration, compassion, courage, and the will to act. (see schedule o).
Provider of pediatric healthcare, education, research & community service
Brighton marine, inc. provides military and veteran families with comprehensive campus-based quality health care, as well as affordable and supportive housing for at-risk veterans and their families.
The boston society of architects (bsa/aia) exists to improve the quality of life for boston-area residents by championing innovation in the built environment. as a membership association, we achieve this mission in partnership with the bsa…
The new england aquarium is a catalyst for global change through public engagement and education, commitment to marine animal conservation, innovative scientific research, and effective advocacy for a vital and vibrant ocean.
The Museum of Modern Art is a private, non-profit institution chartered by the State of New York Department of Education in 1929 to foster public awareness of modern and contemporary art. (Continued in Schedule O)
How this is measured
43 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. 43 of the 64 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.
Where the money sits, by cause and then by grantee
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.
- Who funds HUNTINGTON THEATRE CO INC ↗
- Who funds VERMONT ACADEMY ↗
- Who funds SPRING ISLAND TRUST FOUNDATION INC ↗
- Who funds THE BREAST CANCER RESEARCH FOUNDATION INC ↗
- Who funds BOSTON BALLET INC ↗
- Who funds NOAH'S ARKS RESCUE ↗
- Who funds Trustees of Tufts College ↗
- Who funds HOPEFUL HORIZONS ↗
- Who funds Rodman For Kids Inc ↗
- Who funds INTERNATIONAL MEDICAL CORPS ↗
- Who funds Malice Domestic Ltd ↗
- Who funds TENACITY INC ↗
- Who funds JOHN D MINECK FOUNDATION ↗
- Who funds WGBH Educational Foundation ↗
- Who funds BEAUFORT MEMORIAL HOSPITAL FOUNDATION ↗
- Who funds TWO STATE YOUNG MEN'S CHRISTIAN ASSOCIATION INC ↗
- Who funds BEACON HILL CIRCLE FOR CHARITY INC ↗
- Who funds MARSHVIEW COMMUNITY ORGANIC FARM ↗
- Who funds American National Red Cross & Its Constituent Chapters and Branches ↗
- Who funds NATIONAL BRAIN TUMOR SOCIETY INC ↗
- Who funds MUSEUM OF FINE ARTS ↗
- Who funds Friends of Florence ↗
- Who funds ETV Endowment of South Carolina Inc ↗
- Who funds THE ROYAL OAK FOUNDATION INC ↗
- Who funds PROPRIETORS OF THE BOSTON ATHENAEUM ↗
- Who funds CHARLESTON ANIMAL SOCIETY ↗
- Who funds MARCH OF DIMES INC ↗
- Who funds JUMPSTART FOR YOUNG CHILDREN INC ↗
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.
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
How much its grantees rely on government
Each dot is one organization The Steven E and Michelle Karol Charitable Foundation Trust funds: left to right is the share of its income from government, bottom to top the share from The Steven E and Michelle Karol Charitable Foundation Trust. Bigger dots raise more.
- Trustees of Tufts College: 13% of income from government
- Huntington Theatre Co Inc: 4% of income from government
- The Trustees of Reservations: 2% of income from government
- Youth Advocacy Foundation Inc: 1% of income from government
- Brookline Music School Inc: 1% of income from government
- Wgbh Educational Foundation: 1% of income from government
- Boston Ballet Inc: 0% of income from government
- Proprietors of the Boston Athenaeum: 0% of income from government
- Boston Arts Academy Foundation Inc: 0% of income from government
- Museum of Fine Arts: 0% of income from government
- Rosie's Place Inc: 0% of income from government
How this is measured
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