Albert E and Ethel I Carlton Foundation

Private foundation · Grantmaker Saint Louis, MO EIN: 84-6331869

Albert E and Ethel I Carlton Foundation is a private foundation, based in Saint Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $8.2M in total assets. In 2025, it awarded 3 grants totaling $692K. Net investment income was $703K.

Key facts about Albert E and Ethel I Carlton Foundation

In short: Albert E and Ethel I Carlton Foundation gave $692K across 3 grants in 2025 (avg $231K), mostly in Colorado. Source: 2025 IRS Form 990-PF.

EIN
84-6331869
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$692,166
Grants made (2025)
3
Average grant
$230,722
Median grant
$231,515
Total assets
$8,161,177
Primary geography
Colorado (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.2M

-1.0% YoY

Annual Giving

$692K

+11.4% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$231K

+11.4% YoY

Under IRS private-foundation payout rules, Albert E and Ethel I Carlton Foundation reported a distributable amount of $728K for 2025 — the minimum it must pay out in qualifying distributions.

How Albert E and Ethel I Carlton Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+10%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

Colorado SpringsCentennialColorado SpringEnglewood

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K3 grants2019 3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $414K (2021) to $692K (2025). In 2025 it made 3 grants totaling $692K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Colorado College: $233KColorado College$233KPenrose St Francis Health Foundation: $232KPenrose St Francis HealthFoundation$232KGrace Episcopal Church: $228KGrace Episcopal Church$228K

The largest 2025 recipient was Colorado College ($233K). Together the top 3 received $692K.

Grant Size Distribution

15 grants across all recorded years

<$50K$50–100K15$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Colorado College Colorado Springs, COGeneral Operating$232,673
Penrose St Francis Health Foundation Colorado Springs, COGeneral Operating$231,515
Grace Episcopal Church Colorado Springs, COGeneral Operating$227,978

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,161,177$8,246,094$8,375,553
Revenue$834,595$634,465$396,721
Expenses$843,018$765,529$794,772
Qualifying Distributions$703,226$634,913$675,162
Net Investment Income$703,233$509,485$412,608
Distributable Amount$727,655$703,871$635,746

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 12, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 1, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 9, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 13, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 9, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 6, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 6, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Albert E and Ethel I Carlton Foundation's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • Wells Fargo Bank N A

    Trustee

    On filings since 2019

    1 hr/week

    $109K (2019) → $93K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Wells Fargo Bank N a — Trustee: $93KWells Fargo Bank N aTrustee$93K

The highest reported compensation on the 2025 filing was $93K, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about Albert E and Ethel I Carlton Foundation

How much does Albert E and Ethel I Carlton Foundation give each year?

Albert E and Ethel I Carlton Foundation gave $692K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $621K across 3 grants.

What is Albert E and Ethel I Carlton Foundation's typical grant size?

Albert E and Ethel I Carlton Foundation's median grant in 2025 was $231,515, and its average grant was $230,722, across 3 grants on its 2025 IRS Form 990-PF.

Where does Albert E and Ethel I Carlton Foundation give grants?

Albert E and Ethel I Carlton Foundation gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Colorado Springs, CO (3 grants).

Does Albert E and Ethel I Carlton Foundation give general operating support?

Yes: 100% of Albert E and Ethel I Carlton Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Albert E and Ethel I Carlton Foundation?

Albert E and Ethel I Carlton Foundation reported $8.2M in total assets on its 2025 IRS Form 990-PF. It paid out $703K in qualifying distributions that year, against a required minimum of $728K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Albert E and Ethel I Carlton Foundation's EIN?

Albert E and Ethel I Carlton Foundation's EIN (Employer Identification Number) is 84-6331869. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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