Carrot Seed Foundation Inc

Private foundation · Grantmaker Bethany, CT EIN: 82-1051674

Carrot Seed Foundation Inc is a private foundation, based in Bethany, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.0M in total assets. In 2025, it awarded 6 grants totaling $93K. Net investment income was $5K.

Carrot Seed Foundation Inc at a glance

In short: Carrot Seed Foundation Inc gave $93K across 6 grants in 2025 (avg $16K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$93,000
+767.9% vs 2024
Grants made (2025)
6
+100.0% vs 2024
Average grant
$15,500
+334.0% vs 2024
Median grant
$7,500
Total assets
$4,969,557
+3522.8% vs 2024
Primary geography
New York (59% 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 Carrot Seed Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Band of Parents: $55KBand of Parents$55KCircle of Care CT: $20KCircle of Care CT$20KALS Association of Connecticut: $10KALS Association of Connecticut$10KMilford Boys & Girls Club: $5KMilford Boys & Girls Club$5KStratford YMCA: $3KStratford YMCA$3KNourish Bridgeport: $500Nourish Bridgeport$500

The largest 2025 recipient was Band of Parents ($55K). Together the top 6 received $93K.

Grant Size Distribution

20 grants across all recorded years

19<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 20 (95%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

DewittvilleMilfordWiltonDanburyStratfordTrumbullBridgeportMemphisWaterbury

How Carrot Seed Foundation Inc gives

  • Giving grew 86% from 2022 to 2025. Method
  • In 2025 it paid out 893% of its IRS minimum distribution (the 5% rule). 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

$0$50K$100K$150K3 grants2019 5 grants2020 3 grants2021 3 grants2022 5 grants2023 3 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $11K (2024) to $123K (2019). In 2025 it made 6 grants totaling $93K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Band of Parents Dewittville, NYTo fund the development of new therapies to treat neuroblastoma$55,000
Circle of Care CT Wilton, CTTo provide emotional and financial assistance to children and families, from day of diagnosis through treatment and beyond, with programs and services that meet the unique and challenging needs of pediatric cancer treatment.$20,000
ALS Association of Connecticut Milford, CTTo support research to find a cure for als and provide much-needed services to patients and their families.$10,000
Milford Boys & Girls Club Milford, CTTo provide behavioral guidance and to promote the health, social, educational, vocational, and character development of boys and girls.$5,000
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
Nourish Bridgeport Bridgeport, CTTo support food pantry and related services for the impoverish community of bridgeport ct.$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$4,969,557$5,007,826$93,093$93,0006$93,004$4,913$10,417
2024$137,174$6,014$11,802$10,7153$11,109$5,367$6,833
2023$142,962$103,285$44,023$44,0005$44,000$3,283$4,211
2022$83,700$225$50,133$50,0003$50,000$1,462$6,708
2021$133,608$-1,922$45,124$45,0003$45,000$3,799$8,545
2020$180,654$55,523$68,871$67,7505—$3,168$9,350
2019$194,002$6,180$122,700$122,7003—$5,180$13,946

Under IRS private-foundation payout rules, Carrot Seed Foundation Inc reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Carrot Seed Foundation Inc is led by Mark D. Unger, President & Secretary on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mark D. Unger

    President & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mary Ellen Unger

    Vice President & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Carrot Seed Foundation Inc

How much does Carrot Seed Foundation Inc give each year?

Carrot Seed Foundation Inc gave $93K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 3 grants.

What is Carrot Seed Foundation Inc's typical grant size?

Carrot Seed Foundation Inc's median grant in 2025 was $7,500, and its average grant was $15,500, across 6 grants on its 2025 IRS Form 990-PF.

Where does Carrot Seed Foundation Inc give grants?

Carrot Seed Foundation Inc gives mostly in New York: 59% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (41%). The most frequent recipient cities were Milford, CT (2 grants).

Does Carrot Seed Foundation Inc give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Carrot Seed Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

Who are Carrot Seed Foundation Inc's largest grantees?

Carrot Seed Foundation Inc's largest 2025 grantees include Band of Parents ($55,000), Circle of Care CT ($20,000) and ALS Association of Connecticut ($10,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is Carrot Seed Foundation Inc?

Carrot Seed Foundation Inc reported $5.0M in total assets on its 2025 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).

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 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 23, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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Figures come from Carrot Seed Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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