The Charlesmead Foundation Inc

Organization Overview

The Charlesmead Foundation Inc is located in Providence, RI. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlesmead Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Charlesmead Foundation Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Charlesmead Foundation Inc has awarded 110 individual grants totaling $2,888,260. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Matheys Lane Capital Management Lp
$62,500
Scs Capital
$187,500
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $487,641
Net Rental Income$0
Net Gain on Sale of Assets $2,264,304
Capital Gain Net Income $2,264,304
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $875,964
Total Revenue $3,627,909

Grants Awarded

Over the last fiscal year, The Charlesmead Foundation Inc has awarded $953,500 in support to 35 organizations.

Grant RecipientAmount

CENTER STAGE

PURPOSE: CAPITAL CAMPAIGN AND ANNUAL SUPPORT

$250,000

JHU BERMAN INSTITUTE OF BIOETHICS

PURPOSE: UNRESTRICTED GRANT

$100,000

UMBC FOUNDATION

PURPOSE: ARTS EDUCATION AND OUTREACH PROGRAMS

$100,000

DARTMOUTH COLLEGE FUND

PURPOSE: TRUSTEE DESIGNATION

$75,000

JOHNS HOPKINS MEDICINE

PURPOSE: UNRESTRICTED

$50,000

JHU PRESIDENTS OFFICE

PURPOSE: UNRESTRICTED GRANT

$50,000
View Grant Profile

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