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Carefree Foundation Trust 051900 is a private trust based in SCOTTSDALE, AZ. The foundation received its IRS ruling in 2001. The principal officer is Fairman Group Family Office. It holds total assets of $3.9M. Annual income is reported at $524K. Total assets have grown from $149K in 2011 to $3.6M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Funding is distributed across 5 states, including Arizona, New York, Pennsylvania. According to available records, Carefree Foundation Trust 051900 has made 24 grants totaling $742K, with a median grant of $5K. Annual giving has grown from $140K in 2020 to $475K in 2023. Individual grants have ranged from $100 to $250K, with an average award of $31K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, New Jersey, which account for 50% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$16K
Largest Grant
$100K
Based on 9 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Carefree Foundation Trust 051900 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in MA, NY, NJ.
Carefree Foundation Trust 051900 has distributed a total of $742K across 24 grants. The median grant size is $5K, with an average of $31K. Individual grants have ranged from $100 to $250K.
Carefree Foundation Trust 051900 typically selects its grantees rather than accepting unsolicited proposals.
Carefree Foundation Trust 051900 is headquartered in SCOTTSDALE, AZ. While based in AZ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emily Nitido | TRUSTEE | $0 | $0 | N/A |
| Jamie Sunenshine | TRUSTEE | $0 | $0 | N/A |
| E Scott Urdang | MANAGER | $0 | $0 | N/A |
| Jennifer Stern | TRUSTEE | $0 | $0 | N/A |
| Melissa Bodie | TRUSTEE | $0 | $0 | N/A |
| Marilyn Urdang | MANAGER | $0 | $0 | N/A |
Total Giving
$480K
Total Assets
$3.6M
Fair Market Value
$3.6M
Net Worth
$3.6M
Grants Paid
$475K
Contributions
N/A
Net Investment Income
$376K
Distribution Amount
$160K
Total Grants
24
Total Giving
$742K
Average Grant
$31K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Methodist ChurchGENERAL FUND | Scottsdale, AZ | $100 | 2020 |
| Tufts UniversityGENERAL FUND | Medford, MA | $250K | 2023 |
| Damon Runyon Cancer Research FoundationGENERAL FUND | New York, NY | $108K | 2023 |
| Uja Federation New YorkGENERAL FUND | New York, NY | $100K | 2023 |
| Foundation For The Advancement Of Research In Financial EconomicsGENERAL FUND | Pittsburgh, PA | $10K | 2023 |
| Israel Cancer Research FundGENERAL FUND | New York, NY | $5K | 2023 |
| Jewish Links IncGENERAL FUND | Farmington, CT | $2K | 2023 |
| Adath IsraelGENERAL FUND | Merion Station, PA | $600 | 2023 |
| Friends CentralGENERAL FUND | Wynnewood, PA | $500 | 2023 |
| Care Cancer ResearchGENERAL FUND | New York, NY | $250 | 2023 |
| Blair AcademyGENERAL FUND | Blairstown, NJ | $100K | 2022 |
| University Of Iowa FoundationGENERAL FUND | Iowa City, IA | $13K | 2022 |
| Desert Mountain FoundationGENERAL FUND | Phoenix, AZ | $350 | 2022 |
| Mayo ClinicGENERAL FUND | Scottsdale, AZ | $100K | 2020 |
| Jewish National FundGENERAL FUND | Scottsdale, AZ | $2K | 2020 |
| Chop FoundationGENERAL FUND | Philadelphia, PA | $1K | 2020 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ