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Carter Fund-201870 is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1960. The principal officer is Citicorp Trust Bank Fsb. It holds total assets of $1.6M. Annual income is reported at $492K. Total assets have grown from $1.1M in 2011 to $1.7M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and South Dakota. According to available records, Carter Fund-201870 has made 23 grants totaling $298K, with a median grant of $12K. The foundation has distributed between $67K and $161K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $161K distributed across 12 grants. Individual grants have ranged from $8K to $16K, with an average award of $13K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New York and South Dakota. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$12K
Average Grant
$11K
Largest Grant
$15K
Based on 6 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.
Carter Fund-201870 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in NY, SD.
Carter Fund-201870 has distributed a total of $298K across 23 grants. The median grant size is $12K, with an average of $13K. Individual grants have ranged from $8K to $16K.
Carter Fund-201870 typically selects its grantees rather than accepting unsolicited proposals.
Carter Fund-201870 is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Citibank Na | TRUSTEE, AS REQ'D | $14K | $0 | $14K |
Total Giving
$94K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$71K
Contributions
N/A
Net Investment Income
$664K
Distribution Amount
$69K
Total Grants
23
Total Giving
$298K
Average Grant
$13K
Median Grant
$12K
Unique Recipients
6
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boy Scouts Of AmericaGENERAL OPERATING | New York, NY | $12K | 2023 |
| The Little Orchestra SocietyGENERAL OPERATING | New York, NY | $12K | 2023 |
| Ronald Mcdonald House CharitiesGENERAL OPERATING | Sioux Falls, SD | $12K | 2023 |
| Playwright'S HorizonsGENERAL OPERATING | New York, NY | $12K | 2023 |
| Central Park ConservancyGENERAL OPERATING | New York, NY | $12K | 2023 |
| Children'S Home SocietyGENERAL OPERATING | Sioux Falls, SD | $12K | 2023 |