Carrier Foundation Inc
Carrier Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 6 grants totaling $4.1M. Net investment income was $301K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.5M
+93.2% YoY
Annual Giving
$4.1M
+3.1% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$679K
+37.5% YoY
Under IRS private-foundation payout rules, Carrier Foundation Inc reported a distributable amount of $613K for 2024 — the minimum it must pay out in qualifying distributions.
About Carrier Foundation Inc
Based on IRS filings
Carrier Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 6 grants totaling $4.1M. Net investment income was $301K.
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 | $16,513,308 | $8,549,200 | $6,538,512 |
| Revenue | $12,301,096 | $6,252,881 | $4,101,374 |
| Expenses | $4,336,988 | $4,242,193 | $3,674,696 |
| Qualifying Distributions | $4,327,006 | $4,240,480 | $3,674,392 |
| Net Investment Income | $301,096 | $252,881 | $101,374 |
| Distributable Amount | $612,793 | $367,819 | $309,890 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Online Giving Foundation ($2,980,626), The Sustainable Cooling Grant Program ($350,000), United Nations World Food Program ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| United Nations World Food Program Washington, DC | GENERAL SUPPORT | $250,000 |
| American Online Giving Foundation Newark, DE | GENERAL SUPPORT | $2,980,626 |
| THE UK ONLINE GIVING FOUNDATION | GENERAL SUPPORT | $86,355 |
| HABITAT FOR HUMANITY INTERNATIONAL AMERICUS Americus, GA | GENERAL SUPPORT | $250,000 |
| THE SUSTAINABLE COOLING GRANT PROGRAM New York, NY | GENERAL SUPPORT | $350,000 |
| FIRST ST LOUIS, MO | STEM EDUCATION | $160,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIN O'NEAL | SECRETARY | — | — |
| JOHN RUSCZYK | ASSIS. SECRETARY AND TREASURER | — | — |
| MILENA OLIVEIRA | Chair of the Board | — | — |
| ASHLEY BARRIE | President | — | — |
| Alex Bell | Controller | — | — |
| Bradley Nutter | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carrier Foundation Inc?
Carrier Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds $16.5M in total assets as of 2024.
How large is Carrier Foundation Inc?
As of 2024, Carrier Foundation Inc holds $16.5M in total assets with $12.3M in annual revenue. It awarded 6 grants totaling $4.1M in 2024.
Where does Carrier Foundation Inc operate?
Carrier Foundation Inc has awarded grants in California, District of Columbia, Delaware, Florida, Georgia, Illinois, Missouri, North Carolina, New York, Pennsylvania, Tennessee, Texas, Virginia.
What size grants does Carrier Foundation Inc award?
In 2024, Carrier Foundation Inc awarded 6 grants totaling $4.1M — an average of about $679K per grant, based on its IRS Form 990 filings.
How much is Carrier Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carrier Foundation Inc reported a distributable amount of $613K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carrier Foundation Inc's EIN?
Carrier Foundation Inc's EIN (Employer Identification Number) is 85-3815638. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carrier 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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