Carroll Family Foundation Inc
Carroll Family Foundation Inc is a private 501(c)(3) grantmaking foundation based in Greensboro, North Carolina. The foundation was established in February 2004 and operates as a private foundation focused on philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+59.0% YoY
Annual Giving
$545K
-43.0% YoY
Grant Count
13
-31.6% YoY
Avg Grant Size
$42K
-16.7% YoY
Under IRS private-foundation payout rules, Carroll Family Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Carroll Family Foundation focuses on education and raising funds toward developing enhanced preventives, diagnostic services, and treatments for adolescents suffering from pediatric liver disease or disorders. The foundation also prioritizes helping members of underserved communities.
The foundation's grantmaking priorities include community benefit and enrichment, religious activities, promotion of the arts, education, and human services, with a geographic focus primarily in North Carolina and Florida.
Grantmaking
Recent grants made by the foundation include:
Average Grant
amount documented in recent filings.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Carolina and Florida.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2022:
- Total Assets: $1,718,223
- Total Revenue: $1,000,000
- Total Expenses: $417,397
- Total Liabilities: $0
As of 2024:
- Total Assets: $1,207,566
- Total Giving: $545,305
The foundation receives contributions and maintains investment holdings to support its grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,207,566 | $759,675 | $1,718,223 |
| Revenue | $1,000,000 | — | $1,000,000 |
| Expenses | $552,109 | $958,548 | $417,397 |
| Qualifying Distributions | $545,305 | $957,175 | $416,535 |
| Net Investment Income | — | — | — |
| Distributable Amount | $23,932 | $55,937 | $43,401 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jdrf ($364,400), Family Church of West Palm Beach ($100,000), Community Foundation of Greater Greensboro ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| B'nai Shalom Day School Greensboro, NC | Community Benefit & Enrichment | $500 |
| Family Church of West Palm Beach West Palm Beach, FL | Religious Activities | $100,000 |
| NC Habitat Foundation Wilmington, NC | Community Benefit & Enrichment | $1,000 |
| Tabitha Ministry Summerfield, NC | Religious Activities | $5,000 |
| Victor Hill Pentecostal Holiness Church Mayodan, NC | Religious Activities | $5,200 |
| Community Foundation of Greater Greensboro Greensboro, NC | Community Benefit & Enrichment | $25,000 |
| One Step Further Inc Greensboro, NC | Community Benefit & Enrichment | $2,500 |
| Mercy Hill Church Greensboro, NC | Religious Activities | $750 |
| Family Services of the Piedmont Jamestown, NC | Community Benefit & Enrichment | $13,955 |
| JDRF Greensboro, NC | Community Benefit & Enrichment | $364,400 |
Leadership & Key People
Leadership team and compensation from IRS filings
The Carroll Family Foundation was founded by professional basketball player DeMarre Carroll and Iesha Carroll. Iesha Carroll serves as President of the foundation.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The foundation has been active in raising awareness about pediatric liver disease. The organization maintains an educational focus, sharing information about liver disease prevalence and impact, including statistics on neonatal liver disease incidence, hepatitis C infection rates in children, and non-alcoholic fatty liver disease affecting children in the United States.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Carroll Family Foundation Inc fund?
The Carroll Family Foundation focuses on education and raising funds toward developing enhanced preventives, diagnostic services, and treatments for adolescents suffering from pediatric liver disease or disorders. The foundation also prioritizes helping members of underserved communities. The foundation's grantmaking priorities include community benefit and enrichment, religious activities, promotion of the arts, education, and human services, with a geographic focus primarily in North Carolina…
How do I apply for a grant from Carroll Family Foundation Inc?
Recent grants made by the foundation include: • Samaritan's Purse: $100,000 (Community Benefit and Enrichment) • Family Church Real Estate: $100,000 (Religious Activities) • Congressional Sportsmen's Foundation: $6,250 (Community Benefit and Enrichment) • Wake Forest University (among other grantees) The foundation made 17 grants in 2022. Typical grant awards range from $500 to $364,400, with an average grant amount documented in recent filings.
Where does Carroll Family Foundation Inc make grants?
The foundation primarily funds organizations in North Carolina and Florida.
What size grants does Carroll Family Foundation Inc award?
In 2024, Carroll Family Foundation Inc awarded 13 grants totaling $545K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is Carroll Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carroll Family Foundation Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carroll Family Foundation Inc's EIN?
Carroll Family Foundation Inc's EIN (Employer Identification Number) is 55-0852518. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carroll Family Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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