Carrot Seed Foundation Inc

Foundation · Grantmaker Bethany, CT EIN: 82-1051674

Carrot Seed Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bethany, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $5K.

Key facts about Carrot Seed Foundation Inc

EIN
82-1051674
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,715
Grants made (2024)
3
Average grant
$3,572
Median grant
$2,500
Total assets
$137,174
Primary geography
Connecticut (77% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Carrot Seed Foundation Inc funds

By grant dollars, the top recipient states for Carrot Seed Foundation Inc's 3 itemized 2024 grants were Connecticut (77%) and New York (23%). None of its 3 grants with a stated purpose were described as general or operating support.

How Carrot Seed Foundation Inc gives

  • Giving fell 76% from 2021 to 2024. Method
  • In 2024 it paid out 163% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$137K

-4.0% YoY

Annual Giving

$11K

-75.6% YoY

Grant Count

3

-40.0% YoY

Avg Grant Size

$4K

-59.4% YoY

Under IRS private-foundation payout rules, Carrot Seed Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Carrot Seed Foundation Inc

Based on IRS filings

Carrot Seed Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bethany, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 3 itemized 2024 grant dollars.

Cities

DewittvilleMilfordWiltonDanburyMemphisStratfordTrumbullWaterbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$57K$85K$114K20202021202220232024
Metric202420232022
Total Assets$137,174$142,962$83,700
Revenue$6,014$103,285$225
Expenses$11,802$44,023$50,133
Qualifying Distributions$11,109$44,000$50,000
Net Investment Income$5,367$3,283$1,462
Distributable Amount$6,833$4,211$6,708

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$34K$51K$68K5 grants20203 grants20213 grants20225 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Milford Boys & Girls Club: $6KMilford Boys & Girls Club$6KBand of Parents: $3KBand of Parents$3KStratford YMCA: $3KStratford YMCA$3K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Milford Boys & Girls Club ($5,715), Band of Parents ($2,500), Stratford YMCA ($2,500).

RecipientPurposeAmount
MILFORD BOYS & GIRLS CLUB Milford, CTTO PROVIDE BEHAVIORAL GUIDANCE AND TO PROMOTE THE HEALTH, SOCIAL, EDUCATIONAL, VOCATIONAL, AND CHARACTER DEVELOPMENT OF BOYS AND GIRLS.$5,715
BAND OF PARENTS Dewittville, NYTO FUND THE DEVELOPMENT OF NEW THERAPIES TO TREAT NEUROBLASTOMA$2,500
STRATFORD YMCA Stratford, CTPROGRAMS AND SERVICES ARE FOCUSED ON OUR PRIMARY AREAS OF IMPACT THAT HELP PEOPLE ACHIEVE THEIR GOALS AND STRENGTHEN COMMUNITIES, INCLUDING YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY.$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Mark D UngerPresident and Secretary——
Mary Ellen UngerVice-President and Treasur——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carrot Seed Foundation Inc?

Carrot Seed Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bethany, CT. It holds $137K in total assets as of 2024.

How large is Carrot Seed Foundation Inc?

As of 2024, Carrot Seed Foundation Inc holds $137K in total assets with $6K in annual revenue. It awarded 3 grants totaling $11K in 2024.

Where does Carrot Seed Foundation Inc operate?

Carrot Seed Foundation Inc has awarded grants in Connecticut, New York, Tennessee.

What size grants does Carrot Seed Foundation Inc award?

In 2024, Carrot Seed Foundation Inc awarded 3 grants totaling $11K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Carrot Seed Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carrot Seed Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carrot Seed Foundation Inc's EIN?

Carrot Seed Foundation Inc's EIN (Employer Identification Number) is 82-1051674. IRS Form 990 filing data is available on this page for 2020–2024.

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

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