Care Foundation of America Inc logo

Care Foundation of America Inc

Private foundation · Grantmaker Brentwood, TN EIN: 62-1802653 Website

Care Foundation of America Inc is a private foundation based in Brentwood, Tennessee. Its 2024 filing reports grants to charitable organizations, with most grant dollars going to recipients in Tennessee.

Key facts about Care Foundation of America Inc

In short: Care Foundation of America Inc gave $2.9M across 9 grants in 2024 (avg $319K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.

EIN
62-1802653
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,867,000
Grants made (2024)
9
Average grant
$318,556
Median grant
$320,000
Total assets
$53,326,900
Primary geography
Tennessee (86% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$53.3M

+5.5% YoY

Annual Giving

$2.9M

+11.9% YoY

Grant Count

9

-25.0% YoY

Avg Grant Size

$319K

+49.2% YoY

Under IRS private-foundation payout rules, Care Foundation of America Inc reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.

How Care Foundation of America Inc gives

  • Giving fell 20% from 2021 to 2024. Method
  • In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method

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

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The sources do not state the foundation’s own mission. Its 2024 grants included organizations whose missions, as described by those grantees, include treating and supporting women and children affected by substance use disorders (Renewal House), preparing adults for technology careers and expanding access for underrepresented groups (Nashville Software School), supporting survivors of sex trafficking (Scarlet Rope Project), and increasing college graduation rates among Nashville students (Persist Nashville).

Grantmaking

In filing year 2024, the foundation awarded 9 grants totaling $2,867,000. Awards ranged from $125,000 to $500,000, with a median of $320,000. Its largest grants included $500,000 to Renewal House, $420,000 to Nashville Software School, and $400,000 each to Scarlet Rope Project and Pivot TN. Other reported grants included $320,000 to Healing Hands, $302,000 to Persist Nashville, $275,000 to New Brunswick Islamic Center, and $125,000 each to Interfaith Dental Clinic and Rally Foundation for Childhood Cancer Research. The filing lists each grant’s purpose as “to further exempt purpose.”

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

The 2024 filing shows that 86% of grant dollars went to Tennessee recipients, 10% to New Jersey recipients, and 4% to Georgia recipients.

Grant Distribution by State

3states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

NashvilleChattanoogaAtlantaGreenevilleBrentwoodBristolFranklinHendersonvilleJacksonMemphisOld HickoryAlcoaBerry HillGermantownJohnson CityMurfreesboroNorth Brunswick

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M9 grants2020 15 grants2021 7 grants2022 12 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $1.9M (2020) to $3.6M (2021). In 2024 it made 9 grants totaling $2.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Renewal House: $500KRenewal House$500KNashville Software School: $420KNashville Software School$420KScarlet Rope Project: $400KScarlet Rope Project$400KPivot TN: $400KPivot TN$400KHealing Hands: $320KHealing Hands$320KPersist Nashville: $302KPersist Nashville$302KNew Brunswick Islamic Center: $275KNew Brunswick Islamic Center$275KInterfaith Dental Clinic: $125KInterfaith Dental Clinic$125KRally Foundation for Childhood Cancer Research: $125KRally Foundation for ChildhoodCancer Research$125K

The largest 2024 recipient was Renewal House ($500K). Together the top 9 received $2.9M.

Grant Size Distribution

52 grants across all recorded years

1<$50K3$50–100K24$100–250K18$250–500K6$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 24 grants of 52 (46%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Renewal House Nashville, TNTo Further Exempt Purpose$500,000
Nashville Software School Nashville, TNTo Further Exempt Purpose$420,000
Scarlet Rope Project Jackson, TNTo Further Exempt Purpose$400,000
Pivot TN Alcoa, TNTo Further Exempt Purpose$400,000
Healing Hands Bristol, TNTo Further Exempt Purpose$320,000
Persist Nashville Nashville, TNTo Further Exempt Purpose$302,000
New Brunswick Islamic Center North Brunswick, NJTo Further Exempt Purpose$275,000
Interfaith Dental Clinic Nashville, TNTo Further Exempt Purpose$125,000
Rally Foundation for Childhood Cancer Research Atlanta, GATo Further Exempt Purpose$125,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $53,326,900 $3,384,268 $3,355,468 $2,867,000
2023 $50,566,928 $1,337,794 $3,052,514 $2,562,000
2022 $48,044,795 $2,235,079 $2,751,666 $2,130,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$53,326,900$50,566,928$48,044,795
Revenue$3,384,268$1,337,794$2,235,079
Expenses$3,355,468$3,052,514$2,751,666
Qualifying Distributions$2,981,404$2,683,065$2,242,552
Net Investment Income$3,017,022$992,538$1,856,801
Distributable Amount$2,551,309$2,385,286$2,415,852

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists C Thomas Davenport Jr as president and director; Joseph Keane as vice president/CFO/director; James Usdan, Charita Allen, Tausha Alexander, and Max Theodore as directors; and Natalie Henley as secretary/controller.

Care Foundation of America Inc is led by C. Thomas Davenport Jr., President & Director on every filing since 2020; all 7 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • C. Thomas Davenport Jr.

    President & Director

    On filings since 2020

    10 hrs/week

    $79K (2020) → $79K (2024)

  • James Usdan

    Director

    On filings since 2020

    5 hrs/week

    $2K (2021) → $1K (2024)

  • Joseph Keane

    Vice President, CFO & Director

    On filings since 2020

    10 hrs/week

    $79K (2020) → $79K (2024)

  • Tausha Alexander

    Director

    On filings since 2020

    5 hrs/week

    $2K (2021) → $500 (2024)

  • Charita Allen

    Director

    On filings since 2021

    5 hrs/week

    $2K (2021) → $1K (2024)

  • Max Theodore

    Director

    On filings since 2021

    5 hrs/week

    $2K (2021) → $1K (2024)

  • Natalie Henley

    Secretary & Controller

    On filings since 2020

    6 hrs/week

    $36K (2021) → $43K (2024)

Former officers (1)
  • Former: Leigh Spruill (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

C Thomas Davenport Jr — President/Director: $79KC Thomas Davenport JrPresident/Director$79KJoseph Keane — Vice President/CFO/Directo: $79KJoseph KeaneVice President/CFO/Directo$79KNatalie Henley — Secretary/Controller: $43KNatalie HenleySecretary/Controller$43KJames Usdan — Director: $1KJames UsdanDirector$1KCharita Allen — Director: $1KCharita AllenDirector$1KMax Theodore — Director: $1KMax TheodoreDirector$1KTausha Alexander — Director: $500Tausha AlexanderDirector$500

The highest reported compensation on the 2024 filing was $79K, to C Thomas Davenport Jr (President/Director). 7 officers or directors reported compensation on that filing.

Contact

Mailing address: 750 Old Hickory Blvd 150, Brentwood, TN 37027
Phone: (615) 257-0633
Website: https://care.org

Frequently asked questions about Care Foundation of America Inc

How much does Care Foundation of America Inc give each year?

Care Foundation of America Inc gave $2.9M across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.6M across 12 grants.

What is Care Foundation of America Inc's typical grant size?

Care Foundation of America Inc's median grant in 2024 was $320,000, and its average grant was $318,556, across 9 grants on its 2024 IRS Form 990-PF.

Where does Care Foundation of America Inc give grants?

Care Foundation of America Inc gives mostly in Tennessee: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (10%). The most frequent recipient cities were Nashville, TN (4 grants).

Who are Care Foundation of America Inc's largest grantees?

Care Foundation of America Inc's largest 2024 grantees include Renewal House ($500,000), Nashville Software School ($420,000) and Scarlet Rope Project ($400,000), according to its 2024 IRS Form 990-PF. Together they received 46% of its itemized 2024 grant dollars.

How large is Care Foundation of America Inc?

Care Foundation of America Inc reported $53.3M in total assets on its 2024 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $2.6M (roughly 5% of its investment assets).

What does Care Foundation of America Inc fund?

The sources do not state the foundation’s own mission. See mission & focus areas ↑

How do I apply for a grant from Care Foundation of America Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Care Foundation of America Inc's EIN?

Care Foundation of America Inc's EIN (Employer Identification Number) is 62-1802653. IRS Form 990 filing data is available on this page for 2020–2024.

Does Care Foundation of America Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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