Carrier Foundation Inc

PALM BEACH GARDENS, FL EIN: 85-3815638

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AmericusArlingtonAtlantaBoynton BeachChicagoDallasGardenaGreensboroJenkintownMemphisNew YorkNewarkPalm Beach GardensSt LouisW Palm BeachWashingtonWest Palm BeachWest Palm Beach Fl

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
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

$0$1M$2M$3M$4M0 grants202016 grants20217 grants20228 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

American Online Giving F…$3.0MTHE SUSTAINABLE COOLING …$350KUnited Nations World Foo…$250KHABITAT FOR HUMANITY INT…$250KFIRST$160KTHE UK ONLINE GIVING FOU…$86K

Grant Size Distribution

37 grants across all recorded years

12<$50K3$50–100K10$100–250K6$250–500K2$500K–1M4$1–5M$5M+

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).

RecipientPurposeAmount
United Nations World Food Program Washington, DCGENERAL SUPPORT$250,000
American Online Giving Foundation Newark, DEGENERAL SUPPORT$2,980,626
THE UK ONLINE GIVING FOUNDATION GENERAL SUPPORT$86,355
HABITAT FOR HUMANITY INTERNATIONAL AMERICUS Americus, GAGENERAL SUPPORT$250,000
THE SUSTAINABLE COOLING GRANT PROGRAM New York, NYGENERAL SUPPORT$350,000
FIRST ST LOUIS, MOSTEM EDUCATION$160,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERIN O'NEALSECRETARY
JOHN RUSCZYKASSIS. SECRETARY AND TREASURER
MILENA OLIVEIRAChair of the Board
ASHLEY BARRIEPresident
Alex BellController
Bradley NutterTreasurer

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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