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Passes our checks

New Hampshire Charitable Foundation

EIN 02-6005625 · Concord, NH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

We achieve our purpose by: supporting New Hampshire's nonprofit organizations and students; connecting generous people with pressing community needs and effective ways to give; collaborating, building relationships and learning from all of our community partners; advocating and using our voice on important public issues; and investing charitable assets in alignment with our purpose and values and to ensure a perpetual source of philanthropic capital.

Income
$231.5 million
Spending
$86.0 million
Spent on programs
90%
Reserves
118.5 months of spending
Largest source of income
donations and private grants, 67%
Employees
64
Volunteers
22
Highest pay
$545,160, president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 53% of charities in its peer group (philanthropy, over $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 118.5 months of spending.

  • Debt

    20 of 20

    It owes 6% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 63% of income.

  • Income trend

    15 of 15

    Income rose 147% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 39% of charities in its peer group (philanthropy, over $100m).

  • Independent board

    25 of 25

    15 of 17 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $70.7 million spent. Grants: The New Hampshire Charitable Foundation is the state's largest provider of grants to nonprofits and scholarships to local residents. In 2024, that included more than $64 million in grants and program initiatives, including grants to 2,330 nonprofit organizations. These grants support nonprofit organizations that advance health and well-being, environmental protection, education, housing and other basic needs, arts and culture, civic health and economic security. More than $8 million in scholarships were awarded to 1,973 students pursing a wide range of educational opportunities, including traditional colleges and universities, technical training and certificate programs, as well as programs that prepare students to succeed in the workforce and in their community.
  2. $1.4 million spent. 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.
  3. $5.2 million spent. 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.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 1963.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.