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Carney Foundation is a private corporation based in CLIFTON, VA. The foundation received its IRS ruling in 2007. The principal officer is William Mcmenamin. It holds total assets of $4.9M. Annual income is reported at $191K. Total assets have grown from $225K in 2011 to $5.1M in 2023. The foundation is governed by 5 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 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Carney Foundation has made 125 grants totaling $1.2M, with a median grant of $5K. Annual giving has grown from $234K in 2020 to $384K in 2023. Individual grants have ranged from $500 to $158K, with an average award of $9K. The foundation has supported 49 unique organizations. The foundation primarily supports organizations in Virginia, Colorado, Florida, which account for 68% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$7K
Largest Grant
$52K
Based on 32 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.
Carney Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 125 grants. Its grantmaking reaches organizations primarily in VA, CO, FL.
Carney Foundation has distributed a total of $1.2M across 125 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $500 to $158K.
Carney Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carney Foundation is headquartered in CLIFTON, VA. While based in VA, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William J Mcmenamin | PRESIDENT | $0 | $0 | N/A |
| Doug Carneal | SECRETARY | $0 | $0 | N/A |
| Joseph Garland | VICE PRESIDENT | $0 | $0 | N/A |
| David Farrell | TREASURER | $0 | $0 | N/A |
| Michael Mcmenamin | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$480K
Total Assets
$5.1M
Fair Market Value
$5.1M
Net Worth
$5.1M
Grants Paid
$384K
Contributions
N/A
Net Investment Income
$196K
Distribution Amount
$207K
Total Grants
125
Total Giving
$1.2M
Average Grant
$9K
Median Grant
$5K
Unique Recipients
49
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarships For TrailblazersFURTHERANCE OF CHARITABLE PURPOSES | Centerville, VA | $20K | 2023 |
| Young LifeFURTHERANCE OF CHARITABLE PURPOSES | Colorado Springs, CO | $158K | 2023 |
| Southwest Youth AssociationFURTHERANCE OF CHARITABLE PURPOSES | Centreville, VA | $45K | 2023 |
| Operation Renewed Hope FoundationFURTHERANCE OF CHARITABLE PURPOSES | Alexandria, VA | $15K | 2023 |
| Couch Music Education FoundationFURTHERANCE OF CHARITABLE PURPOSES | Palmetto, FL | $12K | 2023 |
| Paul Vi Catholic High SchoolFURTHERANCE OF CHARITABLE PURPOSES | Fairfax, VA | $12K | 2023 |
| Centerville Hs Wildcat Athletic BoostersFURTHERANCE OF CHARITABLE PURPOSES | Clifton, VA | $10K | 2023 |
| Emmanuel CollegeFURTHERANCE OF CHARITABLE PURPOSES | Boston, MA | $10K | 2023 |
| South Florida State College Foundation IncFURTHERANCE OF CHARITABLE PURPOSES | Avon Park, FL | $10K | 2023 |
| All In For MillerFURTHERANCE OF CHARITABLE PURPOSES | Evans, GA | $8K | 2023 |
| Sigma Phi Epsilon Educational FoundationFURTHERANCE OF CHARITABLE PURPOSES | Richmond, VA | $7K | 2023 |
| Eagle RanchFURTHERANCE OF CHARITABLE PURPOSES | Chestnut Mountain, GA | $5K | 2023 |
| Fellowship Of Christian AthletesFURTHERANCE OF CHARITABLE PURPOSES | Kansas City, MO | $5K | 2023 |
| Christian Camps Of Pittsburgh IncFURTHERANCE OF CHARITABLE PURPOSES | Boswell, PA | $5K | 2023 |
| Avon Park Historical SocietyFURTHERANCE OF CHARITABLE PURPOSES | Avon Park, FL | $5K | 2023 |
| Gmu FoundationFURTHERANCE OF CHARITABLE PURPOSES | Fairfax, VA | $5K | 2023 |
| Serge Global IncFURTHERANCE OF CHARITABLE PURPOSES | Jenkintown, PA | $5K | 2023 |
| Gaithersburg GiantsFURTHERANCE OF CHARITABLE PURPOSES | Gaithersburg, MD | $5K | 2023 |
| Avon Park Diamond ClubFURTHERANCE OF CHARITABLE PURPOSES | Avon Park, FL | $5K | 2023 |
| Keystone Christian MinistriesFURTHERANCE OF CHARITABLE PURPOSES | Haymarket, VA | $5K | 2023 |
| Life With CancerFURTHERANCE OF CHARITABLE PURPOSES | Fairfax, VA | $4K | 2023 |
| Avon Park Champions ClubFURTHERANCE OF CHARITABLE PURPOSES | Avon Park, FL | $3K | 2023 |
| Open Arms WorldwideFURTHERANCE OF CHARITABLE PURPOSES | Hickory, NC | $3K | 2023 |
| U Of Sc Educational FoundationFURTHERANCE OF CHARITABLE PURPOSES | Columbia, SC | $3K | 2023 |
| The Lamb CenterFUTHERANCE OF CHARITABLE PURPOSES | Fairfax, VA | $3K | 2023 |
| Knights Of Columbus CouncilFURTHERANCE OF CHARITABLE PURPOSES | Arlington, VA | $3K | 2023 |
| Orange Beach Methodist ChurchFURTHERANCE OF CHARITABLE PURPOSES | Orange Beach, AL | $3K | 2023 |
| Bite Me CancerFURTHERANCE OF CHARITABLE PURPOSES | Fairfax, VA | $3K | 2023 |
| Langley Residential SupportFURTHERANCE OF CHARITABLE PURPOSES | Vienna, VA | $3K | 2023 |
| Western Fairfax Christian MinistriesFURTHERANCE OF CHARITABLE PURPOSES | Chantilly, VA | $2K | 2023 |
| AlgwFURTHERANCE OF CHARITABLE PURPOSES | Wilmington, NC | $1K | 2023 |
| Fairfax Rotary FoundationFURTHERANCE OF CHARITABLE PURPOSES | Farifax, VA | $1K | 2023 |
| Capital CaringFURTHERANCE OF CHARITABLE PURPOSES | Falls Church, VA | $1K | 2023 |