Carroll Charitable Foundation
Carroll Charitable Foundation is a private foundation, based in Worcester, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $681K in total assets. In 2025, it awarded 3 grants totaling $3K. Net investment income was $2K.
Carroll Charitable Foundation at a glance
In short: Carroll Charitable Foundation gave $3K across 3 grants in 2025 (avg $833.333), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,500
- -79.0% vs 2024
- Grants made (2025)
- 3
- -72.7% vs 2024
- Average grant
- $833
- -23.1% vs 2024
- Median grant
- $1,000
- Total assets
- $680,794
- -0.3% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Carroll Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Hanover Theater ($1K). Together the top 3 received $3K.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 37 grants of 37 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Carroll Charitable Foundation gives
- Giving fell 88% from 2022 to 2025. Method
- In 2025 it paid out 36% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $3K (2025) to $54K (2021). In 2025 it made 3 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hanover Theater Worcester, MA | Unrestricted | $1,000 |
| Heart of New England Council Rutland, MA | Unrestricted | $1,000 |
| Our Lady of Angels School Worcester, MA | Unrestricted | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $680,794 | $2,063 | $3,938 | $2,500 | 3 | $2,500 | $2,063 | $6,951 |
| 2024 | $682,669 | $2,128 | $68,671 | $11,923 | 11 | $11,923 | $2,128 | $8,598 |
| 2023 | $749,212 | $1,058 | $18,188 | $15,903 | 8 | $15,903 | $1,058 | $10,711 |
| 2022 | $226,342 | $2,837 | $22,452 | $20,620 | 6 | $20,620 | $337 | $11,625 |
| 2021 | $245,957 | $133 | $56,335 | $54,351 | 9 | — | $133 | $13,495 |
Under IRS private-foundation payout rules, Carroll Charitable Foundation reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Carroll Charitable Foundation's 2025 filing lists 5 officers; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brendan K. Carroll
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Carole A. Cronin Carroll
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Thomas J. Carroll
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Brian C. K. Carroll
Treasurer
Trustee → Treasurer, 2025
On filings since 2023
2 hrs/week
No compensation reported
M. Katherine Hessel
Secretary
On filings since 2023
2 hrs/week
No compensation reported
Former officers (2)
- Former: Francis R. Carroll (2021–2024) — Treasurer
- Former: Lisa M. Carroll (2021–2022) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Carroll Charitable Foundation
How much does Carroll Charitable Foundation give each year?
Carroll Charitable Foundation gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 11 grants.
What is Carroll Charitable Foundation's typical grant size?
Carroll Charitable Foundation's median grant in 2025 was $1,000, and its average grant was $833, across 3 grants on its 2025 IRS Form 990-PF.
Where does Carroll Charitable Foundation give grants?
Carroll Charitable Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Worcester, MA (2 grants).
Does Carroll Charitable Foundation give general operating support?
Yes: 100% of Carroll Charitable Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Carroll Charitable Foundation?
Carroll Charitable Foundation reported $681K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Carroll Charitable Foundation's EIN?
Carroll Charitable Foundation's EIN (Employer Identification Number) is 22-2546670. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Carroll Charitable Foundation's focus areas in our free grants database
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