New Hampshire Charitable Foundation
90% goes to programs $1 to raise $100 Strong reserves Growing revenue
New Hampshire Charitable Foundation is a 501(c)(3) organization based in Concord, New Hampshire, registered in 1963, with $231,461,448 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
37 Pleasant St, Concord, NH, 03301 EIN 02-6005625 Since 1963
Revenue (FY2024)
$231.5M
▲ 147.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$86.0M
Net assets
$1.1B
Employees
64
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating90% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For New Hampshire Charitable Foundation: 90% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating152 mo reserves · +63% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Hampshire Charitable Foundation: 152 mo reserves · +63% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New Hampshire Charitable Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Hampshire Charitable Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To make new hampshire a more just, sustainable, and vibrant community where everyone can thrive.
What they do
Special funds: there are a select group of funds at the new hampshire charitable foundation which support focused programs to respond to community needs. these include the neil and louise tillotson fund, which seeks to create and enhance opportunity in the north country, reserve and uplift the historical and cultural assets that make the region unique and hold the confidence and capabilities to foster strong communities and healthy rural landscapes; the wellborn ecology fund, which seeks to increase knowledge of the environment and natural history of the upper valley in new hampshire and vermont; and the artist advancement fund, which provides support to an individual artist in the greater portsmouth area.other special funds include: the upper connecticut river mitigation andenhancement fund, which seeks to restore, protect and enhance thewatershed near the confluence of the connecticut and white rivers; andthe oliver j. and dorothy penniman hubbard fund, which supports effortsto prevent substance use disorders among the state's residents.
Expenses for grant programs: in the case of these exceptional funds, programs have been created that connect resources made available by generous donors to the goals that motivated their gifts. this expense line includes dedicated staff to execute the intent of the donors, communications to present the goals and work of the funds to the communities they serve, and support for convening to advance these goals.
Contact & location
- Address
- 37 Pleasant St, Concord, NH, 03301
- City
- Concord
- State
- New Hampshire
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $70.2M (FY2013) to $231.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $70.8MNet assets $1.1B
Operating margin
62.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$70.8M
Net assets
$1.1B
Salaries & benefits
$8.0M
9% of expenses
Board members
17
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $231,461,448▲147% | $85,965,187▲11.5% | $1,089,351,781▲16.4% | $1,160,183,639▲15.7% | 990 |
| 2023 | $93,727,028▲44.0% | $77,100,407▲6.8% | $936,073,757▲11.1% | $1,002,905,419▲10.6% | 990 |
| 2022 | $65,087,484▼50.4% | $72,174,040▼8.0% | $842,188,697▼16.0% | $906,709,858▼15.9% | 990 |
| 2021 | $131,178,906▲56.1% | $78,429,855▲19.9% | $1,002,503,073▲13.8% | $1,078,662,816▲13.9% | 990 |
| 2020 | $84,058,560▼18.7% | $65,429,476▲12.6% | $881,233,234▲16.7% | $946,933,381▲15.8% | 990 |
| 2019 | $103,387,258▲34.7% | $58,085,979▲7.9% | $755,223,517▲11.9% | $817,470,117▲11.6% | 990 |
| 2018 | $76,763,205▼7.2% | $53,855,204▼1.6% | $675,099,721▼2.5% | $732,791,878▼3.0% | 990 |
| 2017 | $82,709,931▲57.4% | $54,713,758▲19.0% | $692,358,393▲13.5% | $755,511,675▲13.5% | 990 |
| 2016 | $52,542,964▼23.1% | $45,995,960▼0.3% | $610,189,552▲6.9% | $665,730,908▲6.3% | 990 |
| 2015 | $68,306,447▲34.9% | $46,119,138▲17.3% | $570,890,551▲0.7% | $626,137,475▲0.1% | 990 |
| 2014 | $50,637,058▼27.9% | $39,319,690▲0.7% | $566,903,480▲2.3% | $625,277,194▲2.7% | 990 |
| 2013 | $70,239,729 | $39,058,751▲4.2% | $553,902,628▲17.4% | $608,878,722▲19.8% | 990 |
| 2012 | — | $37,467,373▼0.8% | $471,665,925▲9.5% | $508,157,558▲9.3% | 990 |
| 2011 | — | $37,764,862▲8.7% | $430,607,999▼3.1% | $464,868,238▼3.0% | 990 |
| 2010 | — | $34,737,098 | $444,386,267 | $479,403,236 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Richard Ober — $479,667 (0.56% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard Ober | President | 50 | $479,667 |
| Michael Wilson | Chief Investment & Finance Off./svp | 50 | $335,830 |
| Melinda Mosier | Vp Donor Engagement and Philanthropy | 50 | $176,346 |
| Simon Delekta | Vp Community Engagement and Impact | 50 | $174,229 |
| Katie Dionne | Controller | 50 | $166,060 |
| Kristen Oliveri | Vp of Communications & Marketing | 50 | $154,107 |
| Rebecca Carr | Senior Director of Accounting | 50 | $148,535 |
| Laura Rauscher | Dir., Development & Philanthopy Svcs | 50 | $130,056 |
| David Goodman | Director of Information Servcies | 50 | $125,328 |
| Sonya Salanti | Director of Tillotson Funds | 50 | $125,263 |
| Barbara Couch | Vice Chair; Board Member | 1.5 | — |
| Bobbie Bagley | Board Member | 1.5 | — |
| Dottie Morris | Board Member (start 10/2024) | 1.5 | — |
| Emmett Soldati | Board Member | 1.5 | — |
| Evelyn Aissa | Secretary; Board Member | 1.5 | — |
| George Bald | Board Member (start 10/2024) | 1.5 | — |
| Jada Keye Hebra | Board Member (start 10/2024) | 1.5 | — |
| Jennifer Williams | Board Member (start 10/2024) | 1.5 | — |
| Jerrianne Boggis | Board Member | 1.5 | — |
| Joseph G Morone | Chair; Board Member | 1.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cambridge Associates | Investment Consultant | $728,000 |
| Elliott Management Corporation | Investment Management | $583,811 |
| Davidson Kempner Capital Management | Investment Management | $456,235 |
| Adage Capital Partners LP | Investment Management | $431,026 |
| Wellington Trust Co | Investment Management | $360,607 |
Grants received · $23.0M total
128 grants to New Hampshire Charitable Foundation totaling $23.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | Community foundation opportunity network membership | 2024 | $60,000 |
| Greater Milwaukee Foundation Inc | The sanborn mills endowment fund | 2024 | $42,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $35,000 |
| Minneapolis Foundation | General | 2024 | $20,000 |
| American Endowment Foundation | Philanthropy | 2024 | $10,200 |
| Columbus Foundation | Conservation | 2024 | $10,000 |
| Greater Hartford Gives Foundation | Philanthropy | 2024 | $10,000 |
| The New York Community Trust | For program support. | 2024 | $10,000 |
| Oregon Community Foundation | Civic engagement | 2024 | $10,000 |
| Greater Hartford Gives Foundation | General operating support | 2023 | $642,143 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $368,536 |
| The New York Community Trust | For program support. | 2023 | $160,000 |
| Nellie Mae Education Foundation Inc | Partnerships, coalitions and movements | 2023 | $100,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $54,137 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $31,083 |
Grants made · $59.7M in FY2024
949 grants totaling $59.7M in FY2024 — showing the 15 largest. All grants made by New Hampshire Charitable Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Tilton School | To support capital campaign and financial aid | $2,615,500 |
| Portsmouth Submarine & Maritime Association | For a designated distributions and capital campaign | $1,383,255 |
| New Hampshire Childrens Trust Inc | For a designated distributions and general/operating support, the trestle fund | $1,304,301 |
| New Futures Inc | For sud, children's behavioral health, early childhood and other health policies | $1,195,062 |
| Saint Anselm College | For general support, scholarships | $1,006,108 |
| Jsi Research & Training Institute Inc | For tick free nh, medicaid to schools program, general support | $940,000 |
| North Country Education Services Agency | For general support and programs | $836,350 |
| Society For the Protection of New Hampshire Forests | For a designated distributions and genera support, repairs, education, easements | $783,371 |
| Southeast Land Trust of New Hampshire | For general support, conservation, capital, programs | $723,161 |
| Student-led Sustainable Initiatives Inc | For general support and designated distribution | $695,103 |
| Sanborn Mills Inc | For a designated distributions | $673,055 |
| University System of New Hampshire | For prep, operations, climate resilience, homeless youth costs, assorted programs | $599,729 |
| Community Builders Hub | To support the community builders hub operations | $585,000 |
| Hampshire College Trustees | For general support | $550,000 |
| Affordable Housing Education and Development Inc | For designated distribution, general/operating/program support | $519,098 |
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Compare New Hampshire Charitable Foundation
Frequently asked questions
- Is New Hampshire Charitable Foundation a legitimate nonprofit?
- Yes. New Hampshire Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-6005625, based in Concord, New Hampshire. Donations are tax-deductible.
- What is New Hampshire Charitable Foundation's EIN?
- New Hampshire Charitable Foundation's Employer Identification Number (EIN) is 02-6005625.
- How much revenue does New Hampshire Charitable Foundation report?
- New Hampshire Charitable Foundation reported $231,461,448 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of New Hampshire Charitable Foundation's spending goes to programs?
- New Hampshire Charitable Foundation spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does New Hampshire Charitable Foundation have?
- CharityIndex grades New Hampshire Charitable Foundation A, based on program efficiency and fundraising cost.
- How much does New Hampshire Charitable Foundation's highest-paid employee make?
- The highest reported compensation on New Hampshire Charitable Foundation's latest Form 990 is $479,667, paid to Richard Ober (President).
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Data for New Hampshire Charitable Foundation (EIN 02-6005625) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.