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Tina And Richard V Carolan Foundation Inc. is a private corporation based in MENDHAM, NJ. The foundation received its IRS ruling in 1992. It holds total assets of $18M. Annual income is reported at $6.1M. According to available records, Tina And Richard V Carolan Foundation Inc. has made 38 grants totaling $1.9M, with a median grant of $50K. The foundation has distributed between $923K and $1M annually from 2022 to 2023. Individual grants have ranged from $3K to $200K, with an average award of $51K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in New Jersey, Florida, New York, which account for 76% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Tina And Richard V Carolan Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in NJ, FL, NY.
Tina And Richard V Carolan Foundation Inc. has distributed a total of $1.9M across 38 grants. The median grant size is $50K, with an average of $51K. Individual grants have ranged from $3K to $200K.
The application deadline is No Submission Deadlines. No Restrictions or Limitations on Awards.
Tina And Richard V Carolan Foundation Inc. is headquartered in MENDHAM, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard C Carolan | Vice-President and Treasurer | $50K | $0 | $50K |
| Tina Carolan | President | $0 | $0 | $0 |
| Kimberly Carolan-Faga | Vice President and Secretary | $0 | $0 | $0 |
Total Giving
$1.2M
Total Assets
$18.6M
Fair Market Value
$21.9M
Net Worth
$18.6M
Grants Paid
$1M
Contributions
$1M
Net Investment Income
$10.4M
Distribution Amount
$861K
Total: $15.8M
Total Grants
38
Total Giving
$1.9M
Average Grant
$51K
Median Grant
$50K
Unique Recipients
28
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Armenian Cultural FoundationBuilding upgrades | Glendale, CA | $50K | 2022 |
| Big Brothers Big SistersYouth Outreach program | Ft Lauderdale, FL | $20K | 2022 |
| Foundation For Morristown Medical CenterPurchase of a Zeiss Kinevo 900 Robotic Visualization System | Morristown, NJ | $200K | 2023 |
| Team Type 1 FoundationTeam support and Global Ambassador Scholarship Program | Atlanta, GA | $150K | 2023 |
| Best Buddies |
MOUNTAIN VIEW, CA
DELRAY BEACH, FL
NEW YORK, NY
LOCUST VALLEY, NY
| Miami, FL |
| $100K |
| 2023 |
| Armenian Apostolic Church Of America Eastern PrelacyHumanitarian Relief Efforts | New York, NY | $100K | 2023 |
| Usa Cycling FoundationSupport the USA Cycling Team Van and Centers of Excellence | Colorado Springs, CO | $75K | 2023 |
| Memorial Sloan Kettering Cancer CenterThe fifth installment of a five year pledge for biomarker development research | New York, NY | $50K | 2023 |
| New Jersey Interscholastic Cycling LeagueEquipment purchases and upgrades | Cologne, NJ | $50K | 2023 |
| Long Beach Township Pba 373Support Community Police Services | Brant Beach, NJ | $39K | 2023 |
| Rescue A ReefStudent Fellowship master and undergrad program and Reef Restoration | Coral Gables, FL | $35K | 2023 |
| Town Of Miami LakesMiami Lakes License Plate Recognition (LPR) Public Safety Net | Miami Lakes, FL | $35K | 2023 |
| Magic City K9 IncSupport and expand services and equipment needs for the prisoners and dogs | Miami, FL | $25K | 2023 |
| Big Brothers Big Sisters Of BrowardYouth outreach through suites at the Miami Marlins games | Ft Lauderdale, FL | $20K | 2023 |
| Star Track CyclingEquipment and clothing for Star Track athletes | New York, NY | $15K | 2023 |
| Foundation Cycling New York IncSupport Foundation's new rider development program | New York, NY | $10K | 2023 |
| Stafford Township Pba Local 297DARE Program | Manahawkin, NJ | $10K | 2023 |
| Foundation Cycling Foundation IncContribute to the American Cycling Elite Team | Safety Harbor, FL | $10K | 2023 |
| Anca Endowment FundEducational and charitable programs | Washington, DC | $50K | 2022 |
| Bernardsville Law Enforcement FoundationUpgrade and repair shooting range | Bernardsville, NJ | $50K | 2022 |
| Long Beach Township Police DepartmentCommunity policing | Brant Beach, NJ | $50K | 2022 |
| Our Lady Of Perpetual Help ChurchCapital Campaign Challenge | Bernardsville, NJ | $50K | 2022 |
| Benthic Ecology And Coral Restoration Lab (University Of Miami)Program of coral restoration and to establish the Carolan Foundation Fellowship | Coral Gables, FL | $35K | 2022 |
| Naples Therapeutic Riding CenterTraining and development | Naples, FL | $25K | 2022 |
| Royal Palm AcademyEquipment upgrades | Naples, FL | $25K | 2022 |
| American Red CrossRed Cross Ukraine Efforts | Washington, DC | $10K | 2022 |
| Foundation Cycling Nyc IncPrograms for rider development | New York, NY | $10K | 2022 |
| Hilton Head Cycling IncTo support cycling racing team expenses | Hilton Head, SC | $10K | 2022 |
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