Calvin and Kelly Carter Family Foundation

WILMINGTON, DE EIN: 27-0858648

Calvin and Kelly Carter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 20 grants totaling $106K. Net investment income was $203K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+3.3% YoY

Annual Giving

$106K

+3.8% YoY

Grant Count

20

-53.5% YoY

Avg Grant Size

$5K

+123.1% YoY

About Calvin and Kelly Carter Family Foundation

Based on IRS filings

Calvin and Kelly Carter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 20 grants totaling $106K. Net investment income was $203K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AdvanceApexAshevilleBermuda RunBooneCambridgeCarrboroCaryChapel HillChicagoDurhamGreensboroHickoryLittle RockMerrifieldMorrisvilleNew YorkNewportRaleighRoseland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75K$151K$226K$301K20202021202220232024
Metric202420232022
Total Assets$2,584,483$2,502,587$2,518,965
Revenue$217,924$113,783$105,403
Expenses$136,028$130,161$161,882
Qualifying Distributions$119,413$115,216$144,530
Net Investment Income$202,909$100,328$91,451
Distributable Amount$130,946$119,239$123,616

Giving Over Time

Total grant dollars and number of grants per year

$0$33K$66K$99K$132K34 grants202040 grants202140 grants202243 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOPE COMMUNITY CHURCH OF…$10KHOPE COMMUNITY CHURCH OF…$10KHOUSE OF JOY INC$10KCARYING PLACE INCORPORATED$8KAMERICAN RED CROSS$5KBACKPACK BEGINNINGS$5KDESIGNED FOR JOY$5KDUKE UNIVERSITY$5KFOOD BANK OF CENTRAL & E…$5KNC STATE ENGINEERING FOU…$5K

Grant Size Distribution

177 grants across all recorded years

177<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Kelly M CarterVP, Dir1
Calvin H Carter JrPres, Dir, Sec1
Brooke Carter KelleyDir, Assistant VP1
Nicole Carter MasciaDir, Assistant VP1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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