Mission
The Foundation is dedicated to building better futures for disadvantaged children and their families.
Small Public Charity
Charter Oak Challenge Foundation Inc
Charter Oak Challenge Foundation Inc is a Small Public Charity headquartered in Westport, CT. Financial data from the 2025 filing: $31K revenue, $139K expenses, $107K total assets. IRS filings disclose 15 grants awarded by this foundation, totaling roughly $613K.
EIN: 061620722
Westport, CT
Public Foundations
NTEE: T30
Latest filing: 2025
Total Revenue$31K
Total Expenses$139K
Total Assets$107K
Grants Given15
Grant Total$613K
Filing Years2021–2025
Where $100 goes at Charter Oak Challenge Foundation Inc
How Charter Oak Challenge Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 9 years.
$98
Programs
the work itself
$2
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $98 for programs
$98
The Foundation makes grants to agencies to promote scholastic development of Bridgeport children by improving elementary and secondary education through its support of charter and public schools
Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
To support educational programs
$205,000
To support educational programs
$25,000
PACE education Strategies
$45,000
Program support
$33,000
Program support
$25,000
Showing up to 5 of 15 total records — full history available with membership.
Officers & Directors
President/Treasurer
Andrew Boas
Secretary
Carol Boas
Director
Dick Kalt
Director
Pearl Kane
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $31K | $139K | $107K |
| 2024 | $39K | $230K | $215K |
| 2023 | $4K | $13K | $407K |
| 2022 | $16K | $2K | $415K |
| 2021 | $58K | $47K | $401K |
Between 2021 and 2025, reported annual revenue declined from $58K to $31K (-48%), with total assets most recently reported at $107K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in CT, DC, NY.
CTDCNY
Full geographic grant map with state-by-state breakdown available with membership.