Carver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREDERICK, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 23 grants totaling $99K. Net investment income was $164K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+9.5% YoY
Annual Giving
$99K
-1.8% YoY
Grant Count
23
-36.1% YoY
Avg Grant Size
$4K
+53.7% YoY
Under IRS private-foundation payout rules, Carver Foundation Inc reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.
About Carver Foundation Inc
Based on IRS filings
Carver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREDERICK, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 23 grants totaling $99K. Net investment income was $164K.
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 | $1,951,786 | $1,782,958 | $1,776,938 |
| Revenue | $43,900 | $43,502 | $37,475 |
| Expenses | $120,774 | $122,238 | $92,210 |
| Qualifying Distributions | $99,071 | $100,889 | $74,146 |
| Net Investment Income | $164,465 | $29,749 | $23,172 |
| Distributable Amount | $92,144 | $87,863 | $87,192 |
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
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Banner School ($26,080), After the Races ($21,625), Dolphins Plus Marine Mammal Rescue ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE GIVING GROUP BURIEN, WA | Program andadministrative support | $824 |
| AFTER THE RACES RISING SUN, MD | Program andadministrative support | $21,625 |
| MARTINS FERRY PUBLIC SCHOOLS MARTINS FERRY, OH | Program andadministrative support | $4,000 |
| BALTIMORE ANIMAL RESCUE & CARE SHELTER BALTIMORE, MD | Program andadministrative support | $2,500 |
| BEST BUDDIES INTERNATIONAL MIAMI, FL | Program andadministrative support | $500 |
| DAYS END HORSE FARM & RESCUE WOODBINE, MD | Program andadministrative support | $2,500 |
| DOLPHINS PLUS MARINE MAMMAL RESCUE KEY LARGO, FL | Program andadministrative support | $5,000 |
| EMPOWERING COMMUNITY LEADERS NETWORK WALKERSVILLE, MD | Program andadministrative support | $5,000 |
| FURGOTTEN FRIENDS DOG RESCUE INC PAHRUMP, NV | Program andadministrative support | $500 |
| CRAZY4PAWZ ANIMAL RESCUE HENDERSON, NV | Program andadministrative support | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIDGET CARVER | PRESIDENT | 1 | — |
| GUY CARVER | SECRETARY | 5 | — |
| WILLIAM WYATT | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carver Foundation Inc?
Carver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREDERICK, MD. It holds $2.0M in total assets as of 2024.
How large is Carver Foundation Inc?
As of 2024, Carver Foundation Inc holds $2.0M in total assets with $44K in annual revenue. It awarded 23 grants totaling $99K in 2024.
Where does Carver Foundation Inc operate?
Carver Foundation Inc has awarded grants in Arizona, Connecticut, District of Columbia, Florida, Kentucky, Maryland, Missouri, New Hampshire, Nevada, New York, Ohio, Pennsylvania, Texas, Virginia, Washington, West Virginia.
What size grants does Carver Foundation Inc award?
In 2024, Carver Foundation Inc awarded 23 grants totaling $99K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Carver Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carver Foundation Inc reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carver Foundation Inc's EIN?
Carver Foundation Inc's EIN (Employer Identification Number) is 87-3531981. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Carver 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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