Carter Family Foundation

LAGUNA BEACH, CA EIN: 20-4008923

Carter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGUNA BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $220K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-17.6% YoY

Annual Giving

$220K

-6.4% YoY

Grant Count

8

-11.1% YoY

Avg Grant Size

$28K

+5.3% YoY

Under IRS private-foundation payout rules, Carter Family Foundation reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About Carter Family Foundation

Based on IRS filings

Carter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGUNA BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $220K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BerkeleyDanvilleDavisIncline VillageJulianMurrietaNew YorkPinoleSan FranciscoSanta Ysabel

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$80K$160K$240K$320K20202021202220232024
Metric202420232022
Total Assets$1,063,788$1,290,365$1,000,349
Revenue$262,811$291,128
Expenses$226,577$240,455$203,447
Qualifying Distributions$223,338$237,777$201,723
Net Investment Income$260,133$289,404
Distributable Amount$63,086$57,513$60,912

Giving Over Time

Total grant dollars and number of grants per year

$0$59K$118K$176K$235K2 grants20200 grants20216 grants20229 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

BIG MINDS INC$50KTHE ATHENIAN SCHOOL$50KUC DAVIS SCHOOL OF VETER…$25KSEO SCHOLARS$25KTAHOE INSTITUTE FOR NATU…$25KUC REGENTS - CAL ATHLETI…$25KHILLS OF GOLD EQUINE RET…$10KSOUTHERN CALIFORNIA EQUE…$10K

Grant Size Distribution

25 grants across all recorded years

20<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Big Minds Inc ($50,000), The Athenian School ($50,000), Uc Davis School of Veterinary Medicine ($25,000).

RecipientPurposeAmount
UC DAVIS SCHOOL OF VETERINARY MEDICINE DAVIS, CATO SUPPORT INTEGRATIVE MEDICINE SERVICES$25,000
BIG MINDS INC PINOLE, CATO SUPPORT EARLY EDUCATION$50,000
SEO SCHOLARS NEW YORK, NYTO SUPPORT EARLY EDUCATION$25,000
TAHOE INSTITUTE FOR NATURAL SCIENCE INCLINE VILLAGE, NVADVANCING THE NATURAL HISTORY, CONSERVATION, AND ECOSYSTEM KNOWLEDGE OF THE TAHOE REGION$25,000
THE ATHENIAN SCHOOL DANVILLE, CATO FUND THE MARK CARTER SCHOLARSHIP$50,000
UC REGENTS - CAL ATHLETICS DEVELOPMENT BERKELEY, CATO FUND THE FOOTBALL STRATEGIC OPPORTUNITY AND EXCELLENCE FUND$25,000
HILLS OF GOLD EQUINE RETIREMENT SANCTUARY SANTA YSABEL, CATO SUPPORT THE CARE OF RESCUE HORSES$10,000
SOUTHERN CALIFORNIA EQUESTRIAN SPORTS MURRIETA, CATO HELP AMATEUR EQUESTRIANS AFFORD TO TRAIN$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JULIA H CARTERCEO2
GEORGE R HECHTCFO2
HAYLEY A CARTERSECRETARY2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carter Family Foundation?

Carter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGUNA BEACH, CA. It holds $1.1M in total assets as of 2024.

How large is Carter Family Foundation?

As of 2024, Carter Family Foundation holds $1.1M in total assets. It awarded 8 grants totaling $220K in 2024.

Where does Carter Family Foundation operate?

Carter Family Foundation has awarded grants in California, Nevada, New York.

What size grants does Carter Family Foundation award?

In 2024, Carter Family Foundation awarded 8 grants totaling $220K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Carter Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carter Family Foundation reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carter Family Foundation's EIN?

Carter Family Foundation's EIN (Employer Identification Number) is 20-4008923. IRS Form 990 filing data is available on this page for 2020–2024.

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

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