Carris Corporation Foundation

PROCTOR, VT EIN: 03-0326934

Carris Corporation Foundation is a private foundation located in Proctor, Vermont. Established in 1990, it operates as a corporate foundation classified under the NTEE code for corporate foundations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$54K

-26.4% YoY

Annual Giving

$444K

-39.6% YoY

Grant Count

104

-19.4% YoY

Avg Grant Size

$4K

-25.0% YoY

Under IRS private-foundation payout rules, Carris Corporation Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation made 74 grants in 2024, with total grant disbursements of $368,281. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation funds organizations in Vermont and beyond, with documented grants to organizations in California and Vermont.

Grant Distribution by State

Vermont $247K (26%)

Connecticut $125K (13%)

District of Columbia $116K (12%)

North Carolina $102K (11%)

Massachusetts $96K (10%)

Virginia $85K (9%)

Texas $52K (6%)

California $46K (5%)

+10 more states

States

California Connecticut District of Columbia Indiana Massachusetts Maine Michigan Minnesota North Carolina New Hampshire New Jersey New York Oregon Tennessee Texas Virginia Vermont Washington

Cities

AbileneAllenAustinBarium SpringsBarreBelmontBensonBloomingtonBonhamBrandonBrattleboroBuchananBurlingtonCastletonCenter RutlandChittendenClevelandClovisColumbia FallsCoon Rapids

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary:

Total revenues: $425,000
Total expenses: $444,254
Total assets: $53,573
Number of employees: 0

2023 Financial Summary:

Total revenues: $790,000
Total expenses: Not specified in available data

The foundation experienced a 46.2% decline in revenues from 2023 to 2024. Investment income and dividends were $0 in 2024.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$53,573	$72,827	$17,593
Revenue	$425,000	$790,000	$425,000
Expenses	$444,254	$734,766	$416,508
Qualifying Distributions	$444,086	$734,645	$416,333
Net Investment Income	—	—	—
Distributable Amount	$3,113	$2,227	$657

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Employee Ownership Foundation ($36,350), Holy Family Table ($12,500), American Red Cross ($11,655).

Recipient	Purpose	Amount
4GIVEN & FREE MINISTRY NEWTON, NC	TO SUPPORT THE CONDUCTION OF A TEN WEEK PROGRAM FOCUSING ON GOD AND HIS WORD	$5,000
A PAW UP RESCUE SAVOY, TX	TO HELP SUPPORT THE ORGANIZATION IN SPAYING AND NEUTERING CATS AND DOGS	$1,000
ALEXANDER COUNTY YMCA TAYLORSVILLE, NC	TO SUPPORT THE ANNUAL IMPACT FUND	$1,000
ALLEGHANY HIGHLANDS COMMUNITY SERVICES COVINGTON, VA	PROVIDES SUPPORT TO RESIDENTS WITH MENTAL HEALTH ISSUES, DISABILITIES, AND RECOVERING ADDICTS	$5,000
ALLEGHANY HUMANE SOCIETY COVINGTON, VA	TO SUPPORT HOMELESS ANIMALS	$1,500
ALZHEIMER'S ASSOCIATION WILLISTON, VT	RAISE AWARENESS AND FUNDS ALZHEIMER'S CARE, SUPPORT, AND RESEARCH.	$1,500
AMERICAN CANCER SOCIETY WILLISTON, VT	TO SUPPORT CANCER RESEARCH, RIDES TO APPOINTMENTS, AND PATIENT SUPPORT	$10,000
AMERICAN RED CROSS BURLINGTON, VT	RESPONSE TO EARTHQUAKES IN TURKEY/SYRIA	$11,655
AMERICAN WARRIORS OF LIBERTY INC STATESVILLE, NC	BRING AWARENESS AND HELP TO THE NATIONS ARMED SERVICE MEMBERS AND FIRST RESPONDERS	$2,500
ASHURE MINISTRY NEWTON, NC	TO HELP WITH THE MISSION OF MAXIMIZING SUPPORT FOR THOSE IN NEED	$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by trustees David Ferraro and David Fitz-Gerald.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID FITZ-GERALD	DIRECTOR	—	—
ALBERTO AGUILAR	DIRECTOR	—	—
DAVID SUNDERLAND	DIRECTOR	—	—

Frequently Asked Questions

How do I apply for a grant from Carris Corporation Foundation?

The foundation made 74 grants in 2024, with total grant disbursements of $368,281. Recent grants include: • The Employee Ownership Foundation: $36,350 (to support the collection of data and encourage objective research on employee ownership) • Paramount Theatre: $25,000 (to support holding events and performances for the community) • Madera Rescue Mission: $12,500 (to support providing services for the homeless) The foundation also made a grant to Vermont Police Canine Association in 2023 for $…

Where does Carris Corporation Foundation make grants?

The foundation funds organizations in Vermont and beyond, with documented grants to organizations in California and Vermont.

What size grants does Carris Corporation Foundation award?

In 2024, Carris Corporation Foundation awarded 104 grants totaling $444K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Carris Corporation Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carris Corporation Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.