Carver Foundation Inc

FREDERICK, MD EIN: 87-3531981

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

16states
+8 more states

Cities

AlexandriaAustinburgBaltimoreBellaireBurienColumbusDallasFrederickGlen BurnieGlen DaleHendersonHughesvilleKansas CityKey LargoLas VegasLauderhillLititzLouisvilleLousivilleMarathon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$547K$1M$2M$2M2021202220232024
Metric202420232022
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

$0$25K$50K$76K$101K0 grants202126 grants202236 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE BANNER SCHOOL$26KAFTER THE RACES$22KDOLPHINS PLUS MARINE MAM…$5KEMPOWERING COMMUNITY LEA…$5KSAVING SAGE ANIMAL RESCU…$5KHEARTS OF THE HERD$5KSEA RESEARCH FOUNDATION …$5KWASHINGTON HUMANE SOCIETY$4KMARTINS FERRY PUBLIC SCH…$4KBALTIMORE ANIMAL RESCUE …$3K

Grant Size Distribution

85 grants across all recorded years

85<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRIDGET CARVERPRESIDENT1
GUY CARVERSECRETARY5
WILLIAM WYATTTREASURER

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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