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Joseph And Inez E Carbone Foundation Trust is a private trust based in UTICA, NY. The foundation received its IRS ruling in 1995. The principal officer is Scolaro Law Firm. It holds total assets of $1.7M. Annual income is reported at $530K. Total assets have grown from $1.1M in 2011 to $1.8M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Joseph And Inez E Carbone Foundation Trust has made 130 grants totaling $689K, with a median grant of $2K. Annual giving has decreased from $466K in 2022 to $223K in 2023. Individual grants have ranged from $100 to $100K, with an average award of $5K. The foundation has supported 65 unique organizations. The foundation primarily supports organizations in New York, Tennessee, District of Columbia, which account for 84% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$6K
Largest Grant
$100K
Based on 37 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.
Joseph And Inez E Carbone Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 130 grants. Its grantmaking reaches organizations primarily in NY, TN, DC.
Joseph And Inez E Carbone Foundation Trust has distributed a total of $689K across 130 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $100 to $100K.
Joseph And Inez E Carbone Foundation Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (161475079) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Joseph And Inez E Carbone Foundation Trust is headquartered in UTICA, NY. While based in NY, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexander E Carbone | TRUSTEE | $0 | $0 | N/A |
| Enessa M Carbone | TRUSTEE | $0 | $0 | N/A |
| Joseph A Carbone | TRUSTEE | $0 | $0 | N/A |
Total Giving
$263K
Total Assets
$1.8M
Fair Market Value
$2.3M
Net Worth
$1.8M
Grants Paid
$223K
Contributions
$43K
Net Investment Income
$55K
Distribution Amount
$91K
Total: $164K
Total Grants
130
Total Giving
$689K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
65
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Disabled American VeteransGENERAL DONATION | Rome, NY | $500 | 2023 |
| Shriners HospitalGENERAL DONATION | Springfield, MA | $500 | 2023 |
| American Cancer SocietyGENERAL DONATION | Hagerstown, MD | $100 | 2023 |
| Salvation ArmyGENERAL DONATION | Alexandria, VA | $100 | 2023 |
| American LegionGENERAL DONATION | Indianapolis, IN | $100 | 2023 |
| Mohawk Valley Health System FoundationGENERAL DONATION | Utica, NY | $100K | 2023 |
| Utica UniversityGENERAL DONATION | Utica, NY | $20K | 2023 |
| Kelberman CenterGENERAL DONATION | Utica, NY | $17K | 2023 |
| Utica ZooGENERAL DONATION | Utica, NY | $11K | 2023 |
| Mohawk Valley EdgeGENERAL DONATION | Rome, NY | $10K | 2023 |
| IcanGENERAL DONATION | Utica, NY | $10K | 2023 |
| East Utica ClassicGENERAL DONATION | Utica, NY | $7K | 2023 |
| Masonic Medical ResearchGENERAL DONATION | Utica, NY | $4K | 2023 |
| United Way Of The Valley And Greater Utica Area IncGENERAL DONATION | Utica, NY | $3K | 2023 |
| St Jude Children'S Research HospitalGENERAL DONATION | Memphis, TN | $2K | 2023 |
| Back The BlueGENERAL DONATION | Boca Raton, FL | $2K | 2023 |
| Ronald Mcdonald HouseGENERAL DONATION | Syracuse, NY | $2K | 2023 |
| Oneida Lake Arts And HeritageGENERAL DONATION | Sylvan Beach, NY | $2K | 2023 |
| Mohawk Valley Blues SocietyGENERAL DONATION | New Hartford, NY | $2K | 2023 |
| Care NetGENERAL DONATION | Utica, NY | $2K | 2023 |
| Hope AppealGENERAL DONATION | Syracuse, NY | $2K | 2023 |
| Oneida Healthcare FoundationGENERAL DONATION | Oneida, NY | $2K | 2023 |
| Rescue Mission Of UticaGENERAL DONATION | Utica, NY | $2K | 2023 |
| House Of The Good ShepherdGENERAL DONATION | Utica, NY | $2K | 2023 |
| Mohawk Valley Community Action AgencyGENERAL DONATION | Utica, NY | $2K | 2023 |
| Suicide PreventionGENERAL DONATION | Waltham, MA | $2K | 2023 |
| Believe 271 FoundationGENERAL DONATION | Holland Patent, NY | $2K | 2023 |
| Deputy Wyman FoundationGENERAL DONATION | Whitesboro, NY | $2K | 2023 |
| Elks RidersGENERAL DONATION | Ilion, NY | $2K | 2023 |
| Central New York Veteran'S Outreach CenterGENERAL DONATION | Utica, NY | $2K | 2023 |
| Wreaths Across AmericaGENERAL DONATION | Columbia Falls, ME | $1K | 2023 |
| Upstate Caring PartnersGENERAL DONATION | Utica, NY | $1K | 2023 |
| Shot Gun Law Enforcement Motorcycle ClubGENERAL DONATION | Mesa, AZ | $1K | 2023 |
| Toys For TotsGENERAL DONATION | Triangle, VA | $1K | 2023 |
| Abraham HouseGENERAL DONATION | Utica, NY | $1K | 2023 |
| Abigail'S AthletesGENERAL DONATION | Sauquoit, NY | $1K | 2023 |
| Daughters Of The American RevolutionGENERAL DONATION | Washington, DC | $1K | 2023 |
| Lincoln'S AngelsGENERAL DONATION | Deansboro, NY | $500 | 2023 |
| Thea Bowman FoundationGENERAL DONATION | Aventura, FL | $500 | 2023 |
| Paralyzed Veterans Of AmericaGENERAL DONATION | Washington, DC | $500 | 2023 |
| Wounded Warrior ProjectGENERAL DONATION | New York, NY | $500 | 2023 |
| Brian'S KidsGENERAL DONATION | Syracuse, NY | $500 | 2023 |
| Keys ProgramGENERAL DONATION | Sherrill, NY | $500 | 2023 |
| University Of Notre DameGENERAL DONATION | Notre Dame, IN | $250 | 2023 |
| Suny Polytechnic InstituteGENERAL DONATION | Utica, NY | $250 | 2023 |
| For The GoodGENERAL DONATION | Utica, NY | $250 | 2023 |
| Spring Cares FarmGENERAL DONATION | Clinton, NY | $100 | 2023 |
| American Red CrossGENERAL DONATION | Boone, IA | $100 | 2023 |
| Habitat For HumanityGENERAL DONATION | Syracuse, NY | $100 | 2023 |
| Nature ConservancyGENERAL DONATION | Arlington, VA | $100 | 2023 |