Carroll Petrie Foundation
The Carroll Petrie Foundation is a private family foundation based in Santa Fe, New Mexico, dedicated to the well-being of all animals and the natural world. Established in 1996 in New York City by Carroll Petrie, the foundation relocated to Santa Fe and refocused its grantmaking following Carroll Petrie's death in 2015, when her estate funded the foundation's endowment.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$320.6M
+5.4% YoY
Annual Giving
$14.2M
-8.6% YoY
Grant Count
115
-16.1% YoY
Avg Grant Size
$124K
+8.9% YoY
Mission & Focus Areas
The foundation's mission is to support the well-being of all animals and the natural world through strategic grantmaking.
The foundation operates through two primary program areas:
Environment Program
- Habitat preservation and restoration
- Native pollinator conservation
- Wildlife protection in the American Southwest
- Protection of rivers including the Rio Grande, Pecos, and Gila Rivers
Animals Program
- Animal protection and welfare
- Vivisection prevention
- Direct care and services to animals in New Mexico
Grantmaking
The foundation operates on an invitation-only basis with pre-contact required. Prospective applicants must first contact the appropriate program officer to discuss their work before submitting a proposal.
Grant Range
s & Activity**
Average Grant
amount: $2,000–$3,862,500
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation concentrates its grantmaking on New Mexico and the American Southwest, with some funding activity in Colorado and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Annual Giving
- Total assets: $320,611,220 (2024)
- Total giving: $14,236,500 (2024)
- Total revenue: $35,880,569 (2024)
- Total expenses: $19,427,110 (2024)
- Total liabilities: $1,600,000 (2024)
Staffing
- 8 employees (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $320,611,220 | $304,255,746 | $306,738,321 |
| Revenue | $35,880,569 | $17,848,874 | $22,062,020 |
| Expenses | $19,427,110 | $20,244,127 | $21,870,367 |
| Qualifying Distributions | $16,250,239 | $17,532,178 | $18,264,391 |
| Net Investment Income | $32,431,764 | $15,064,603 | $18,609,785 |
| Distributable Amount | $18,313,725 | $16,665,720 | $17,116,877 |
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
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THEODORA PORTAGO | PRESIDENT, DIRECTOR & EXEC DIRECTOR | 40 | $372,544 |
| CAROLINA PORTAGO | VICE PRESIDENT, DIRECTOR & SECRETARY | 10 | $37,866 |
| CAMILLE MANNING | TREASURER & DIRECTOR | 10 | $37,866 |
| ZACH DILLENBACK | ASST TREASURER & CFO | 40 | $200,764 |
Recent News & Activity
Recent developments and announcements
The foundation has made several significant grants to educational institutions:
**CUNY FAFSA Completion Program**: $1 million awarded to launch a new FAFSA completion program at City University of New York in response to unprecedented delays in the national rollout (2024)
Petrie Foundation Awards CUNY $1 Million to Launch New FAFSA Completion\**CUNY Food Pantries and Career Readiness**: Nearly $1.2 million in new funding for CUNY food pantries and a signature career readiness initiative (2025)
News From CUNY: Petrie Foundation Awards Nearly $1.2 Million in New Funding\**LaGuardia Community College**: Support for student success initiatives (2024)
The Carroll and Milton Petrie Foundation Supports LaGuardia Community College\**Guttman Community College**: $75,000 awarded to support student emergency funds (2025)
Carroll and Milton Petrie Student Emergency Grant Fund**San Francisco City College**: Support for the Carroll and Milton Petrie Student Emergency Grant Fund
Carroll and Milton Petrie Student Emergency Grant FundSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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