Carters Charitable Foundation Inc
Carters Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 18 grants totaling $1.1M. Net investment income was $78K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
-20.3% YoY
Annual Giving
$1.1M
+103.6% YoY
Grant Count
18
+50.0% YoY
Avg Grant Size
$63K
+35.7% YoY
Under IRS private-foundation payout rules, Carters Charitable Foundation Inc reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.
About Carters Charitable Foundation Inc
Based on IRS filings
Carters Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 18 grants totaling $1.1M. Net investment income was $78K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,175,947 | $5,237,084 | $4,705,696 |
| Revenue | $78,357 | $1,088,476 | $5,018,439 |
| Expenses | $1,134,498 | $557,088 | $641,001 |
| Qualifying Distributions | $1,133,256 | $556,600 | $641,000 |
| Net Investment Income | $78,357 | $88,476 | $18,193 |
| Distributable Amount | $221,507 | $259,809 | $190,591 |
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
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boys & Girls Clubs ($365,753), United Way of Metro Atlanta ($101,000), USO - United through Reading ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Crosby Scholorship Comm Winston Salem, NC | Support Needy Children | $5,000 |
| Save the Children Fairfield, CT | Support Needy Children | $50,000 |
| Sheltering Arms Atlanta, GA | Support Needy Children | $50,000 |
| Donorschooseorg New York, NY | Support Needy Children | $50,000 |
| United Way of Metro Atlanta Atlanta, GA | Support Needy Children | $101,000 |
| USO - United through Reading Arlington, VA | Support Needy Children | $100,000 |
| Pajama Program New York, NY | Support Needy Children | $50,000 |
| Boys & Girls Clubs Atlanta, GA | Support Needy Children | $365,753 |
| Children's Healthcare of Atlanta Atlanta, GA | Support Needy Children | $100,000 |
| Bert's Big Adventure Atlanta, GA | Support Needy Children | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL D CASEY | PRESIDENT | — | — |
| RICHARD WESTENBERGER | TREASURER | — | — |
| JILL WILSON | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carters Charitable Foundation Inc?
Carters Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $4.2M in total assets as of 2024.
How large is Carters Charitable Foundation Inc?
As of 2024, Carters Charitable Foundation Inc holds $4.2M in total assets with $78K in annual revenue. It awarded 18 grants totaling $1.1M in 2024.
Where does Carters Charitable Foundation Inc operate?
Carters Charitable Foundation Inc has awarded grants in Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Maine, North Carolina, New York, Virginia.
What size grants does Carters Charitable Foundation Inc award?
In 2024, Carters Charitable Foundation Inc awarded 18 grants totaling $1.1M — an average of about $63K per grant, based on its IRS Form 990 filings.
How much is Carters Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carters Charitable Foundation Inc reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carters Charitable Foundation Inc's EIN?
Carters Charitable Foundation Inc's EIN (Employer Identification Number) is 27-4165605. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carters Charitable Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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