Carpenter Foundation Inc
Carpenter Foundation Inc is a private foundation, based in MONTCHANIN, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $106K. Net investment income was $59K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-3.5% YoY
Annual Giving
$106K
-28.6% YoY
Grant Count
5
-61.5% YoY
Avg Grant Size
$21K
+85.8% YoY
Under IRS private-foundation payout rules, Carpenter Foundation Inc reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.
About Carpenter Foundation Inc
Based on IRS filings
Carpenter Foundation Inc is a private foundation, based in MONTCHANIN, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $106K. Net investment income was $59K.
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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 | $1,420,313 | $1,472,365 | $1,577,420 |
| Revenue | $62,691 | $56,770 | $56,812 |
| Expenses | $114,743 | $161,825 | $239,240 |
| Qualifying Distributions | $110,230 | $155,025 | $235,108 |
| Net Investment Income | $58,774 | $50,720 | $52,680 |
| Distributable Amount | $69,104 | $73,314 | $84,911 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Christiana Care Foundation ($48,455), University of Delaware ($21,000), Boy & Girls Club of Delaware ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOY & GIRLS CLUB OF DELAWARE WILMINGTON, DE | ANNUAL FUND FOR KIDS | $15,000 |
| CHRISTIANA CARE FOUNDATION WILMINGTON, DE | CANCER RESEARCH | $48,455 |
| DFRC INC NEWARK, DE | GENERAL OPERATING SUPPORT | $12,000 |
| DUCKS UNLIMITED AYLETT, VA | GENERAL OPERATING SUPPORT | $10,000 |
| UNIVERSITY OF DELAWARE NEWARK, DE | ATHLETIC FACILITIES | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RRM CARPENTER IV | PRESIDENT/TRUSTEE | — | — |
| DAVID HC CARPENTER | VP/TRUSTEE | — | — |
| LUCINDA C CARPENTER | SECRETARY/TREASURER | — | — |
Frequently Asked Questions
How large is Carpenter Foundation Inc?
As of 2024, Carpenter Foundation Inc holds $1.4M in total assets with $63K in annual revenue. It awarded 5 grants totaling $106K in 2024.
Where does Carpenter Foundation Inc operate?
Carpenter Foundation Inc has awarded grants in Colorado, Delaware, Maryland, Pennsylvania, Tennessee, Virginia.
What size grants does Carpenter Foundation Inc award?
In 2024, Carpenter Foundation Inc awarded 5 grants totaling $106K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Carpenter Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carpenter Foundation Inc reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carpenter Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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