Carroll Legacy Foundation Llc

SMYRNA, GA EIN: 86-1738018

Carroll Legacy Foundation Llc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SMYRNA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $73K in total assets.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$73K

-3.6% YoY

Revenue

$194

Net Investment Income

Expenses

$3K

-88.0% YoY

Under IRS private-foundation payout rules, Carroll Legacy Foundation Llc reported a distributable amount of $239 for 2024 — the minimum it must pay out in qualifying distributions.

About Carroll Legacy Foundation Llc

Based on IRS filings

Carroll Legacy Foundation Llc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SMYRNA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $73K in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

AtlantaHoustonRiverdale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$27K$54K$81K$108K2021202220232024
Metric202420232022
Total Assets$73,486$76,207$100,468
Revenue$194$98,000
Expenses$2,915$24,261$7,460
Qualifying Distributions$6,802$5,150
Net Investment Income
Distributable Amount$239$4,248$612

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$3K$5K$7K1 grants20211 grants20222 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KARIF CARROLLTrustee10
ERIC CARRTrustee2
MARK SMALLEYTrustee2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carroll Legacy Foundation Llc?

Carroll Legacy Foundation Llc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SMYRNA, GA. It holds $73K in total assets as of 2024.

How large is Carroll Legacy Foundation Llc?

As of 2024, Carroll Legacy Foundation Llc holds $73K in total assets with $194 in annual revenue.

Where does Carroll Legacy Foundation Llc operate?

Carroll Legacy Foundation Llc has awarded grants in Georgia, Texas.

How much is Carroll Legacy Foundation Llc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carroll Legacy Foundation Llc reported a distributable amount of $239 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carroll Legacy Foundation Llc's EIN?

Carroll Legacy Foundation Llc's EIN (Employer Identification Number) is 86-1738018. IRS Form 990 filing data is available on this page for 2021–2024.

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

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