Carnelian Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it made $100K in qualifying distributions. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+34.7% YoY
Revenue
$15K
+60.3% YoY
Qualifying Distributions
$100K
-38.0% YoY
Expenses
$615
Under IRS private-foundation payout rules, Carnelian Trust reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.
About Carnelian Trust
Based on IRS filings
Carnelian Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it made $100K in qualifying distributions. Net investment income was $27K.
Focus Areas
Ready to take the next step with Carnelian Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,574,909 | $1,911,967 | $1,546,481 |
| Revenue | $15,248 | $9,511 | $19,163 |
| Expenses | $615 | — | $94,945 |
| Qualifying Distributions | $99,600 | $160,715 | $114,945 |
| Net Investment Income | $27,214 | $22,941 | $31,310 |
| Distributable Amount | $106,910 | $81,644 | $92,142 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Elisabeth Richter | Trustee | 8 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carnelian Trust?
Carnelian Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. It holds $2.6M in total assets as of 2024.
How large is Carnelian Trust?
As of 2024, Carnelian Trust holds $2.6M in total assets with $15K in annual revenue.
Where does Carnelian Trust operate?
Carnelian Trust has awarded grants in California, Connecticut, District of Columbia, Illinois, Minnesota, New York, Pennsylvania.
How much is Carnelian Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carnelian Trust reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carnelian Trust's EIN?
Carnelian Trust's EIN (Employer Identification Number) is 20-7159141. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carnelian Trust's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Carnelian Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Carnelian Trust to a real strategy.