Carroll Education Foundation
Carroll Education Foundation is a private foundation focused on Education, based in Flora, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 2 grants totaling $184K. Net investment income was $213K.
Carroll Education Foundation at a glance
In short: Carroll Education Foundation gave $184K across 2 grants in 2025 (avg $92K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $184,011
- Grants made (2025)
- 2
- Average grant
- $92,006
- Median grant
- $92,006
- Total assets
- $3,280,449
- +1.2% vs 2024
- Primary geography
- Indiana (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 Education Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Scholarship Recipients ($172K).
Organizations only. It also paid 1 grant to individuals ($12,126), which are not listed by name.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Carroll Education Foundation gives
- In 2025 it paid out 84% 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
In 2025 it made 2 grants totaling $184K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scholarship Recipients Flora, IN | Education Tuition Scholarships. | $171,885 |
| 1 grant to individuals Recipients not named | — | $12,126 |
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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 | $3,280,449 | $252,466 | $212,366 | $184,011 | 2 | $188,056 | $213,078 | $223,952 |
| 2024 | $3,240,744 | $146,152 | $175,854 | — | — | — | $137,105 | — |
| 2023 | $3,270,446 | $186,908 | $166,169 | — | — | — | $178,150 | — |
| 2022 | $3,249,707 | $186,480 | $141,394 | — | — | — | $177,046 | — |
| 2021 | $3,204,621 | $163,977 | $138,658 | — | — | — | $154,012 | — |
| 2020 | $3,179,302 | $124,315 | $117,339 | — | — | — | $110,280 | — |
Under IRS private-foundation payout rules, Carroll Education Foundation reported a distributable amount of $224K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Carroll Education Foundation is led by Katrina Scagnoli, President on every filing since 2020; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Katrina Scagnoli
President
On filings since 2020
1 hr/week
No compensation reported
Amy Powlen
Member
On filings since 2020
1 hr/week
No compensation reported
Eric Johnson
Member
On filings since 2020
1 hr/week
No compensation reported
Greg Kuns
Member
On filings since 2020
1 hr/week
No compensation reported
Jay Bush
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Keith Thackery
Member
On filings since 2020
1 hr/week
No compensation reported
Steve Keown
Member
On filings since 2020
1 hr/week
No compensation reported
Steve May
Member
On filings since 2020
1 hr/week
No compensation reported
Maggie Randle
Member
On filings since 2021
1 hr/week
No compensation reported
Dawn Seward
Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Beth Stephens (2020–2024) — Secretary
- Former: Jason Oyler (2020–2022) — Member
- Former: Dustin Noonkester (2020) — Member
- Former: Glen Dillman (2020) — Member
- Former: Maggie Scholl (2020) — Member
Data from IRS Form 990 filings, 2020–2025. "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 Education Foundation
How much does Carroll Education Foundation give each year?
Carroll Education Foundation gave $184K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.
How large is Carroll Education Foundation?
Carroll Education Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $188K in qualifying distributions that year, against a required minimum of $224K (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 Education Foundation?
Carroll Education Foundation is a private foundation focused on Education, based in Flora, IN. It holds $3.3M in total assets as of 2025.
Where does Carroll Education Foundation operate?
Carroll Education Foundation has awarded grants in Indiana.
What is Carroll Education Foundation's EIN?
Carroll Education Foundation's EIN (Employer Identification Number) is 20-5550649. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Carroll Education Foundation funds
Education Open opportunities, soonest deadline first.
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