Carson Foundation

Foundation · Grantmaker Cushing, OK EIN: 73-1508384

Carson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cushing, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $123K. Net investment income was $42K.

Key facts about Carson Foundation

EIN: 73-1508384
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $123,322
Grants made (2024): 4
Average grant: $30,831
Median grant: $31,661
Total assets: $1,588,875
Primary geography: New Jersey (41% of itemized 2024 grant dollars)

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

Who Carson Foundation funds

By grant dollars, the top recipient states for Carson Foundation's 4 itemized 2024 grants were New Jersey (41%), Arizona (32%) and Colorado (19%). 100% of grants with a stated purpose were for general or operating support.

How Carson Foundation gives

Giving grew 52% from 2021 to 2024. Method
In 2024 it paid out 143% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Carson Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-5.2% YoY

Annual Giving

$123K

-25.9% YoY

Grant Count

-73.3% YoY

Avg Grant Size

$31K

+177.8% YoY

Under IRS private-foundation payout rules, Carson Foundation reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.

About Carson Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $50K (41%)

Arizona $39K (32%)

Colorado $24K (19%)

Illinois $10K (8%)

Share of all 4 itemized 2024 grant dollars.

States

Arkansas Arizona California Colorado Florida Georgia Illinois Kansas Massachusetts Nebraska New Jersey Oklahoma Texas Utah Virginia

Cities

CushingCantonDrumrightFort CollinsPhoenixSalt Lake CityWheatonDunellenArdmoreBostonFort WorthJacksonvilleLittle RockMcphersonMission HillsNorcrossOmahaRestonStephenville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,588,875	$1,675,669	$1,859,647
Revenue	$62,005	$18,466	$138,915
Expenses	$148,799	$202,444	$257,661
Qualifying Distributions	$129,072	$174,438	$238,439
Net Investment Income	$42,278	—	$123,818
Distributable Amount	$90,446	$88,876	$89,489

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

41 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Living Hope Outreach Center ($50,000), Total Life Ministries Inc ($39,322), Life Connections Network ($24,000).

Recipient	Purpose	Amount
LIVING HOPE OUTREACH CENTER Dunellen, NJ	GENERAL FUND	$50,000
TOTAL LIFE MINISTRIES INC Phoenix, AZ	GENERAL FUND	$39,322
LIFE CONNECTIONS NETWORK Fort Collins, CO	GENERAL FUND	$24,000
NEW GENERATIONS Wheaton, IL	GENERAL FUND	$10,000

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

Name	Title	Hours	Compensation
Doug Carson	Chairman	0.5	—
Jayn Carson	Secretary	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Carson Foundation?

Carson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cushing, OK. It holds $1.6M in total assets as of 2024.

How large is Carson Foundation?

As of 2024, Carson Foundation holds $1.6M in total assets with $62K in annual revenue. It awarded 4 grants totaling $123K in 2024.

Where does Carson Foundation operate?

Carson Foundation has awarded grants in Arkansas, Arizona, California, Colorado, Florida, Georgia, Illinois, Kansas, Massachusetts, Nebraska, New Jersey, Oklahoma, Texas, Utah, Virginia.

What size grants does Carson Foundation award?

In 2024, Carson Foundation awarded 4 grants totaling $123K — an average of about $31K per grant, based on its IRS Form 990 filings.

How much is Carson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carson Foundation reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.