Carpenter Foundation Inc
Carpenter Foundation Inc is a private foundation, based in Montchanin, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 3 grants totaling $108K. Net investment income was $63K.
Carpenter Foundation Inc at a glance
In short: Carpenter Foundation Inc gave $108K across 3 grants in 2025 (avg $36K), mostly in Delaware. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $108,455
- +1.9% vs 2024
- Grants made (2025)
- 3
- -40.0% vs 2024
- Average grant
- $36,152
- +69.8% vs 2024
- Median grant
- $30,000
- Total assets
- $1,369,756
- -3.6% vs 2024
- Primary geography
- Delaware (72% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Carpenter Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Christiana Care Foundation ($48K). Together the top 3 received $108K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 34 grants of 38 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Carpenter Foundation Inc gives
- Giving fell 52% from 2022 to 2025. Method
- In 2025 it paid out 170% 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 2025, annual grant giving ranged from $106K (2024) to $227K (2022). In 2025 it made 3 grants totaling $108K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Christiana Care Foundation Wilmington, DE | Cancer Research | $48,455 |
| University of Delaware Newark, DE | Athletic Facilities | $30,000 |
| Texas Tech Foundation Inc Lubbock, TX | Quail Research Program | $30,000 |
Ready to take the next step with Carpenter Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,369,756 | $66,613 | $117,170 | $108,455 | 3 | $112,292 | $62,672 | $65,979 |
| 2024 | $1,420,313 | $62,691 | $114,743 | $106,455 | 5 | $110,230 | $58,774 | $69,104 |
| 2023 | $1,472,365 | $56,770 | $161,825 | $149,000 | 13 | $155,025 | $50,720 | $73,314 |
| 2022 | $1,577,420 | $56,812 | $239,240 | $227,488 | 8 | $235,108 | $52,680 | $84,911 |
| 2021 | $1,759,848 | $58,456 | $118,678 | $109,800 | 9 | $115,978 | $55,772 | $88,498 |
| 2020 | $1,820,070 | $60,288 | $119,607 | $110,000 | 7 | — | $50,681 | $91,751 |
Under IRS private-foundation payout rules, Carpenter Foundation Inc reported a distributable amount of $66K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Carpenter Foundation Inc is led by Rrm Carpenter IV, President & Trustee since 2021 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rrm Carpenter IV
President & Trustee
V.p. & Trustee → President & Trustee, 2021
On filings since 2020
No compensation reported
David Hc Carpenter
Vice President & Trustee
Treasurer & Trustee → Vice President & Trustee, 2021
On filings since 2020
No compensation reported
Lucinda C. Carpenter
Secretary & Treasurer
Secretary → Secretary & Treasurer, 2021
On filings since 2020
No compensation reported
Former officers (1)
- Former: RRM Carpenter III (2020) — President & Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Carpenter Foundation Inc
How much does Carpenter Foundation Inc give each year?
Carpenter Foundation Inc gave $108K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $106K across 5 grants.
What is Carpenter Foundation Inc's typical grant size?
Carpenter Foundation Inc's median grant in 2025 was $30,000, and its average grant was $36,152, across 3 grants on its 2025 IRS Form 990-PF.
Where does Carpenter Foundation Inc give grants?
Carpenter Foundation Inc gives mostly in Delaware: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (28%).
Does Carpenter Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Carpenter Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is Carpenter Foundation Inc?
Carpenter Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $112K in qualifying distributions that year, against a required minimum of $66K (roughly 5% of its investment assets).
What is Carpenter Foundation Inc's EIN?
Carpenter Foundation Inc's EIN (Employer Identification Number) is 51-6015354. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
Other open foundation grants in Delaware
Delaware Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Carpenter Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Delaware Community Foundation Inc
Wilmington, DE
Delaware Community Foundation supports nonprofits and students addressing community needs in Delaware, including community-impact projects, capital improvements, and scholarships. Its 2025 itemized grants had a median of $21,500, though awards varied widely. Applicants are directed to apply through the relevant program’s online portal; whether unsolicited requests are accepted is not stated.
Assets
$392.5M
Grants
323
Total Given
$20.4M
Nor' Easter Foundation Inc
Greenville, DE
The Nor’ Easter Foundation funds charitable, educational, scientific, religious, and related purposes; its 2025 grants supported organizations working in areas including conservation, education, health, and community services. It awarded grants of $1,000 to $343,000, with a median of $1,000, and all reported grants went to Delaware recipients. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.8M
Grants
82
Total Given
$773K
Longwood Foundation Inc
Wilmington, DE
Longwood Foundation supports nonprofit organizations across sectors, funding operating, program, and capital requests that strengthen their work and impact. Recent average awards are $250,000–$400,000, with requests capped at $2 million; it serves Delaware and the area within four miles of Longwood Gardens in Kennett Square, Pennsylvania. It accepts online grant requests, with Spring and Fall deadlines of March 1 and September 1.
Assets
$1.0B
Grants
94
Total Given
$40.8M
Crestlea Foundation Inc
Wilmington, DE
Crestlea Foundation supports nonprofits working in social services, education, health care, arts and culture, the environment, housing, and civic causes, primarily in Delaware and parts of southeastern Chester County, Pennsylvania. Its typical grant is about $15,000, with recent awards ranging from $4,250 to $50,000. It accepts applications, but organizations must first meet with foundation staff and receive an access code; annual applications are due January 15.
Assets
$21.7M
Grants
65
Total Given
$1.0M
Welfare Foundation Inc
Wilmington, DE
Welfare Foundation Inc. primarily funds capital projects in social services, housing, health, education, environment, civic work, and arts and humanities in Delaware and southern Chester County, Pennsylvania. It gives about $5 million annually; recent grants ranged from $10,000 to $300,000, with a median of $50,000. It accepts unsolicited requests through its online system, but applicants must first meet with Foundation staff.
Assets
$106.7M
Grants
69
Total Given
$4.7M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
More similar funders
More Funders in Delaware
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Carpenter Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Carpenter Foundation Inc down — hundreds of funders to go?