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Carter Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2015. It holds total assets of $1.5M. Annual income is reported at $203K. Total assets have grown from $857K in 2015 to $1.5M in 2024. The foundation is governed by 3 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 2024. According to available records, Carter Foundation has made 7 grants totaling $25K, with a median grant of $1K. Annual giving has grown from $2K in 2020 to $3K in 2022. Grantmaking activity was highest in 2021 with $20K distributed across 2 grants. Individual grants have ranged from $500 to $10K, with an average award of $4K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in District of Columbia and Alabama. Contributions to this foundation are tax-deductible.
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.
Carter Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in DC, AL.
Carter Foundation has distributed a total of $25K across 7 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $500 to $10K.
Carter Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carter Foundation is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Larry D Bailey | DIRECTOR | $0 | $0 | N/A |
| Michael J Cobb | DIRECTOR | $0 | $0 | N/A |
| Richard S Carter | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.5M
Fair Market Value
N/A
Net Worth
$1.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$25K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
4
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dc Pro-Duffers Scholarship FundEDUCATION | Washington, DC | $1K | 2022 |
| The Foundation Of Young KingsEDUCATION | Washington, DC | $500 | 2022 |
| UmesEDUCATOIN | Washington, DC | $10K | 2021 |
| Most Pure Heart Of Mary Catholic ChDEVELOPMENT | Mobile, AL | $2K | 2020 |