Corey C Griffin Charitable Foundation

Nonprofit profile at a glance

EIN
471976181
IRS 990 coverage
2015–2025
Forms available
Form 990 2025
Location
Braintree, MA, USA
Phone
6178558789
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$8,533,317
Expenses
$3,803,325
Assets
$25,622,063
Liabilities
$3,204,573

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • CHANDRA CLARK (PRESIDENT)

Highest reported compensation

  • CHANDRA CLARK (PRESIDENT): $236,998 total reported compensation
  • KATHLEEN GASSERT (DIRECTOR OF ADVANCEMENT & SPECIAL EVENTS): $162,787 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Following corey's tragic passing on august 16th, 2014, the griffin family and close friends founded the corey c. Griffin charitable foundation.given his incredible passion for life and uncommon dedication to philanthropy, it was not difficult to map out the guiding principle of the foundation: improving the lives of primarily boston-area children through strategic partnerships with the city's leading educational and healthcare institutions, with an emphasis on faith-based initiatives. We believe that every child should have the opportunity to succeed, irrespective of their financial or health circumstances.

What it reported doing in 2025

"corey's kids" refers to the children the corey c. Griffin foundation can positively impact through its pillars of financial, human, social, and physical capital. The term was established as one of endearment upon corey's tragic passing. Corey's kids includes those that benefit from corey's kids christmas, the annual back to school drive, through boston children's hospital initiatives, and those that benefit from the various other grants. "corey's kids" refer to any child or youth benefiting from the assistance. The organization makes grants to 11 strategic partners with a focus on education, leadership, character development, physical and mental health. The partners that the organization grants to are ron burton training village, boston children's hospital, franciscan children's hospital, lawrence catholic academy, campaign for catholic schools, my brother's keeper, boston pal, children's advocacy center of suffolk county, grow, mamleo and the achieve program at nobles. Additionally, the foundation supports programs through other nonprofits as well. For 2025, the grants to other organizations totaled $1,590,485. During corey's kids christmas, the organization purchased laptops, signed footballs, bags and other goods for approximately 3,000 kids in need. Additionally, 4,000 backpacks and supplies were purchased for youth during the annual backpack drive. The overall impact of corey's kids is approximately 10,000 kids annually.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.6%; rating input score 61
  • Program expense ratio: 63.3%; rating input score 63
  • Fundraising efficiency: $4.74 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 26th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 95%; rating input score 95; 35th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 55.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 6.74; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 10.5%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 19.9% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 15% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 21.5% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 60.6% of revenue deployed · 63.3% of spending went to programs
  • Governance: 24 of 24 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $237K · 26 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 16 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.