Alexia and Caroline Foundation Inc
Alexia and Caroline Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.1M in total assets. In 2024, it awarded 20 grants totaling $895K. Net investment income was $2.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.1M
+11.1% YoY
Annual Giving
$895K
+80.8% YoY
Grant Count
20
+81.8% YoY
Avg Grant Size
$45K
-0.6% YoY
Under IRS private-foundation payout rules, Alexia and Caroline Foundation Inc reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
About Alexia and Caroline Foundation Inc
Based on IRS filings
Alexia and Caroline Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.1M in total assets. In 2024, it awarded 20 grants totaling $895K. Net investment income was $2.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,072,698 | $21,676,120 | $22,324,829 |
| Revenue | $3,903,149 | $-5,871 | $358,498 |
| Expenses | $1,031,429 | $642,838 | $573,472 |
| Qualifying Distributions | $982,624 | $575,099 | $528,358 |
| Net Investment Income | $2,140,981 | $397,644 | $191,806 |
| Distributable Amount | $1,299,684 | $1,080,748 | $1,031,172 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
67 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Active Minds Inc ($55,000), Becoming a Man Boston ($55,000), Blue Ventures ($55,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACTIVE MINDS INC WASHINGTON, DC | GENERAL CONTRIBUTION | $55,000 |
| AMERICANS FOR IMMIGRANT JUSTICE INC MIAMI, FL | GENERAL CONTRIBUTION | $44,000 |
| BECOMING A MAN BOSTON CHICAGO, IL | RESTRICTED CONTRIBUTION | $55,000 |
| BLUE VENTURES | GENERAL CONTRIBUTION | $55,000 |
| COMMUNITY SERVINGS INC JAMAICA PLAIN, ME | GENERAL CONTRIBUTION | $45,000 |
| CONSERVATION LAW FOUNDATION BOSTON, MA | GENERAL CONTRIBUTION | $55,000 |
| DANDELION AFRICA | GENERAL CONTRIBUTION | $27,500 |
| FOODCORPS PORTLAND, OR | GENERAL CONTRIBUTION | $45,000 |
| GIRLS INC NEW YORK, NY | GENERAL CONTRIBUTION | $55,000 |
| GREENWAVE ORGANIZATION CORP NEW HAVEN, CT | GENERAL CONTRIBUTION | $55,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL W CLARK | PRESIDENT | 2 | — |
| CAROL R PARRISH | VICE PRESIDENT, SECRETARY | 2 | — |
| TERRI KLATZKIN | TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alexia and Caroline Foundation Inc?
Alexia and Caroline Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORFOLK, VA. It holds $24.1M in total assets as of 2024.
How large is Alexia and Caroline Foundation Inc?
As of 2024, Alexia and Caroline Foundation Inc holds $24.1M in total assets with $3.9M in annual revenue. It awarded 20 grants totaling $895K in 2024.
Where does Alexia and Caroline Foundation Inc operate?
Alexia and Caroline Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maine, Minnesota, North Carolina, New York, Oregon, Virginia, Vermont.
What size grants does Alexia and Caroline Foundation Inc award?
In 2024, Alexia and Caroline Foundation Inc awarded 20 grants totaling $895K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is Alexia and Caroline Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alexia and Caroline Foundation Inc reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alexia and Caroline Foundation Inc's EIN?
Alexia and Caroline Foundation Inc's EIN (Employer Identification Number) is 27-3863092. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Alexia and Caroline Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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