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Carolyn Foundation is a private trust based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1965. It holds total assets of $33.4M. Annual income is reported at $6.7M. According to available records, Carolyn Foundation has made 8 grants totaling $11.3M, with a median grant of $1.1M. The foundation has distributed between $3.2M and $4.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $4.4M distributed across 4 grants. Individual grants have ranged from $13K to $3.7M, with an average award of $1.4M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Carolyn Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MN.
Carolyn Foundation has distributed a total of $11.3M across 8 grants. The median grant size is $1.1M, with an average of $1.4M. Individual grants have ranged from $13K to $3.7M.
The application deadline is SEE WEBSITE - GRANTMAKING. SEE WEBSITE - GRANTMAKING.
Carolyn Foundation is headquartered in MINNEAPOLIS, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rebecca Erdahl | SEC/EX DIRECTOR | $211K | $20K | $231K |
| Chris Smith | TRUSTEE | $0 | $0 | $0 |
| Brooke Reed | TRUSTEE | $0 | $0 | $0 |
| Anne Calabresi | TRUSTEE | $0 | $0 | $0 |
| John Jolliffe | TRUSTEE | $0 | $0 | $0 |
Total Giving
$4.3M
Total Assets
$32.2M
Fair Market Value
$45.7M
Net Worth
$32.2M
Grants Paid
$3.7M
Contributions
$0
Net Investment Income
$1.9M
Distribution Amount
$2.1M
Total: $26.7M
Total Grants
8
Total Giving
$11.3M
Average Grant
$1.4M
Median Grant
$1.1M
Unique Recipients
2
Most Common Grant
$2.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment 2SEE ATTACHMENT 2 | Minneapolis, MN | $3.7M | 2023 |
| See Attachment 3SEE ATTACHMENT 3 | Minneapolis, MN | $33K | 2023 |
| Edmund C Graham Iii |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Tim Crosby | TRUSTEE | $0 | $0 | $0 |
| Stewart Crosby | TRUSTEE | $0 | $0 | $0 |
| Alexander Crosby | TRUSTEE | $0 | $0 | $0 |
| Claren Copp Larocque | TRUSTEE | $0 | $0 | $0 |
| Nell Smith | TREASURER | $0 | $0 | $0 |
| Clark Carlton | VICE CHAIR | $0 | $0 | $0 |
| Sophie Larocque | CHAIR | $0 | $0 | $0 |
| Jennifer Phelps | TRUSTEE | $0 | $0 | $0 |
| Guido Calabresi | EMERITUS TRUSTEE | $0 | $0 | $0 |
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