Carrera-Joffe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 7 grants totaling $438K. Net investment income was $386K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+0.6% YoY
Annual Giving
$438K
+256.7% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$63K
+103.8% YoY
Under IRS private-foundation payout rules, Carrera-Joffe Foundation reported a distributable amount of $174K for 2024 — the minimum it must pay out in qualifying distributions.
About Carrera-Joffe Foundation
Based on IRS filings
Carrera-Joffe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 7 grants totaling $438K. Net investment income was $386K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,466,693 | $3,445,365 | $3,242,770 |
| Revenue | $646,746 | $325,951 | $118,473 |
| Expenses | $460,711 | $141,326 | $166,604 |
| Qualifying Distributions | $438,300 | $122,875 | $142,777 |
| Net Investment Income | $385,682 | $308,373 | $94,646 |
| Distributable Amount | $174,324 | $159,125 | $170,363 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include UC San Diego Foundation ($250,000), Faith Lutheran High School ($50,000), Cristo Rey School ($44,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Christian Brothers High School Sacramento, CA | Establishes Scholarship Programs for Children that Lack Financial Resources but have a high degree of apptitude. | $34,300 |
| Faith Lutheran High School Las Vegas, NV | Support tuition program to assist students that lack financial resources. | $50,000 |
| Cristo Rey School North Las Vegas, NV | Scholarships | $44,000 |
| University of Las Vegas NV Foundati Las Vegas, NV | The UNLV Foundation is an IRS Code 501(c)(3) nonprofit organization that seeks and manages gifts to the university. It was founded in November 1981 to coordinate all private giving for UNLV. The Foundation solicits, receives, and administers gifts and financial resources from private sources for the benefit of all programs of the university. Gifts to UNLV through the Foundation each year provide scholarships, research facilities, equipment, and other enhancements that improve the quality of higher education. | $35,000 |
| UC San Diego Foundation La Jolla, CA | Educational support | $250,000 |
| Las Vegas Youth Orchestra Las Vegas, NV | The Mission of the Las Vegas Youth Orchestras is to provide the youth in the community (regardless of race, creed, economic circumstances, gender or national origin) an opportunity to expand their musical skills and engage them both intellectually and physically, by committing their time and energy in preparing and performing in an orchestral setting. Students performing excellent music for the community serve as examples of academic and musical excellence and improve the community by offering cultural enrichment. | $15,000 |
| The Smith Center for the performing Las Vegas, NV | From its very beginning, The Smith Center was envisioned as a world-class performing arts center that would develop and present the best and brightest in a broad range of first-rate programming and unite the residents of our community. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Margaret Carrera | President | 1 | — |
| Philip M Joffe | CFO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carrera-Joffe Foundation?
Carrera-Joffe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. It holds $3.5M in total assets as of 2024.
How large is Carrera-Joffe Foundation?
As of 2024, Carrera-Joffe Foundation holds $3.5M in total assets with $647K in annual revenue. It awarded 7 grants totaling $438K in 2024.
Where does Carrera-Joffe Foundation operate?
Carrera-Joffe Foundation has awarded grants in California, Nevada.
What size grants does Carrera-Joffe Foundation award?
In 2024, Carrera-Joffe Foundation awarded 7 grants totaling $438K — an average of about $63K per grant, based on its IRS Form 990 filings.
How much is Carrera-Joffe Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carrera-Joffe Foundation reported a distributable amount of $174K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carrera-Joffe Foundation's EIN?
Carrera-Joffe Foundation's EIN (Employer Identification Number) is 68-0481048. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carrera-Joffe Foundation'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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