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Nonprofit · EIN 04-6614314

CARNEY FAMILY CHARITABLE FOUNDATION

Tax-exempt · BRIDGEWATER, MA 02324

Financials

$4.8M$2.7M2023$5.5M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of CARNEY FAMILY CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,540,213$2,866,831$2,673,382$9,449,892$8,629$9,441,263
December 31, 2023990-PF$4,768,417$2,689,542$2,078,875$8,823,709$14,798$8,808,911
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,523,715
Dividends
$144,509
Interest
$116,107
Net gain from sales of assets
$2,767,323
Other income
-$11,441

Expenses

Grants and similar amounts paid
$2,430,218
Compensation of officers, directors and key employees
$175,689
Disbursements for charitable purposes
$2,823,210
Excise tax on investment income
$41,581

Balance sheet and other

Total assets, start of year
$8,823,709
Total assets, end of year
$9,449,892
Total liabilities, end of year
$8,629
Net assets, end of year
$9,441,263
Fair market value of assets
$11,466,275
Qualifying distributions
$2,823,210
Net investment income
$3,016,498

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GLENN OLIVEIRA
128 UNION STREET, NEW BEDFORD, MA 02740
EXECUTIVE DIRECTOR40$104,046$3,240
DARLENE SPENCER
128 UNION STREET, NEW BEDFORD, MA 02740
PROGRAM DIRECTOR40$54,607$1,365
COLLEEN CARNEY COURTNEY
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
EDWARD H CARNEY
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
KATHLEEN LARISA
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
LILLIAN CARNEY
128 UNION STREET, NEW BEDFORD, MA 02740
PRESIDENT AND TRUSTEE1$0$0
PATRICK CARNEY
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
PATRICK CARNEY JR
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
GLENN OLIVEIRA
128 UNION STREET, NEW BEDFORD, MA 02740
EXECUTIVE DIRECTOR40$100,000$1,000
DARLENE SPENCER
128 UNION STREET, NEW BEDFORD, MA 02740
PROGRAM DIRECTOR32$75,173$1,504
COLLEEN CARNEY COURTNEY
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
EDWARD H CARNEY
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
KATHLEEN LARISA
128 UNION STREET, NEW BEDFORD, MA 02740
DIRECTOR AND SPECIAL PROJECTS/TRUSTEE32$0$0
LILLIAN CARNEY
128 UNION STREET, NEW BEDFORD, MA 02740
PRESIDENT AND TRUSTEE1$0$0
PATRICK CARNEY
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0
PATRICK CARNEY JR
128 UNION STREET, NEW BEDFORD, MA 02740
TRUSTEE1$0$0

Address and contacts

Address (IRS master file)
TWO LAKESHORE CENTER, BRIDGEWATER, MA 02324-1077
In care of
% CLAREMONT MANAGEMENT COMPANY
Signed the 990-PF
GLEN OLIVEIRA, EXECUTIVE DIRECTOR
Phone
(774) 202-5325
Return prepared by
COHNREZNICK ADVISORY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-6614314
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,449,892
Income (IRS master file)
$7,105,051

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,540,213$2,866,831$9,449,892IRS
990-PFDecember 2023$4,768,417$2,689,542$8,823,709XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-6614314).

Questions about CARNEY FAMILY CHARITABLE FOUNDATION

What is the EIN of CARNEY FAMILY CHARITABLE FOUNDATION?
The employer identification number (EIN) of CARNEY FAMILY CHARITABLE FOUNDATION is 04-6614314.
Is CARNEY FAMILY CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3).
Are donations to CARNEY FAMILY CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CARNEY FAMILY CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CARNEY FAMILY CHARITABLE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARNEY FAMILY CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CARNEY FAMILY CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $104,046 (GLENN OLIVEIRA, EXECUTIVE DIRECTOR).
How much revenue does CARNEY FAMILY CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,540,213, expenses of $2,866,831 and total assets of $9,449,892 at year end.

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