Carlton Family Foundation Trust
Carlton Family Foundation Trust is a private foundation, based in Little Rock, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $439K in total assets. In 2024, it awarded 3 grants totaling $310K. Net investment income was $118K.
Carlton Family Foundation Trust at a glance
In short: Carlton Family Foundation Trust gave $310K across 3 grants in 2024 (avg $103K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $310,000
- +72.2% vs 2023
- Grants made (2024)
- 3
- -25.0% vs 2023
- Average grant
- $103,333
- +129.6% vs 2023
- Median grant
- $100,000
- Total assets
- $438,968
- -17.4% vs 2023
- Primary geography
- Texas (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Carlton Family Foundation Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Start up Waco ($200K). Together the top 3 received $310K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 19 grants of 26 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Carlton Family Foundation Trust gives
- Giving grew 50% from 2021 to 2024. Method
- In 2024 it paid out 979% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $180K (2023) to $410K (2022). In 2024 it made 3 grants totaling $310K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Start up Waco Waco, TX | Assist and Support Entrepreneurs | $200,000 |
| Act II Argenta North Little Rock, AR | Support the Arts | $100,000 |
| Rise Collective Global Inc New York, NY | Bring Christ to Early Career Women | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $438,968 | $220,136 | $311,862 | $310,000 | 3 | $310,000 | $118,274 | $31,665 |
| 2023 | $531,609 | $272,781 | $189,473 | $180,000 | 4 | $180,000 | $4,828 | $18,984 |
| 2022 | $440,860 | $394,482 | $415,778 | $410,000 | 5 | $410,000 | $6,966 | $23,014 |
| 2021 | $462,156 | $515,440 | $211,183 | $207,000 | 5 | $207,000 | $5,009 | $10,163 |
| 2020 | $157,899 | $126,524 | $278,947 | $274,000 | 9 | — | — | $10,619 |
Under IRS private-foundation payout rules, Carlton Family Foundation Trust reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Carlton Family Foundation Trust is led by Patricia Carlton, Trustee on every filing since 2022 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Patricia Carlton
Trustee
On filings since 2022
No compensation reported
Former officers (1)
- Former: William P. Carlton (2020–2021) — Trustee
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.
Frequently asked questions about Carlton Family Foundation Trust
How much does Carlton Family Foundation Trust give each year?
Carlton Family Foundation Trust gave $310K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $180K across 4 grants.
What is Carlton Family Foundation Trust's typical grant size?
Carlton Family Foundation Trust's median grant in 2024 was $100,000, and its average grant was $103,333, across 3 grants on its 2024 IRS Form 990-PF.
Where does Carlton Family Foundation Trust give grants?
Carlton Family Foundation Trust gives mostly in Texas: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Arkansas (32%).
Does Carlton Family Foundation Trust give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Carlton Family Foundation Trust's 2024 IRS Form 990-PF were described as general or operating support.
How large is Carlton Family Foundation Trust?
Carlton Family Foundation Trust reported $439K in total assets on its 2024 IRS Form 990-PF. It paid out $310K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).
What is Carlton Family Foundation Trust's EIN?
Carlton Family Foundation Trust's EIN (Employer Identification Number) is 71-6174467. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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