Charles Morgan Carraway and Joanne M

Private foundation · Grantmaker Baton Rouge, LA EIN: 20-1942780

Charles Morgan Carraway and Joanne M is a private foundation, based in Baton Rouge, LA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $577K in total assets. In 2025, it awarded 3 grants totaling $12K. Net investment income was $52K.

Key facts about Charles Morgan Carraway and Joanne M

In short: Charles Morgan Carraway and Joanne M gave $12K across 3 grants in 2025 (avg $4K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
20-1942780
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$12,000
Grants made (2025)
3
Average grant
$4,000
Median grant
$3,000
Total assets
$576,747
Primary geography
North Carolina (50% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$577K

-16.7% YoY

Annual Giving

$12K

-83.1% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$4K

-83.1% YoY

Under IRS private-foundation payout rules, Charles Morgan Carraway and Joanne M reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.

How Charles Morgan Carraway and Joanne M gives

  • Giving fell 78% from 2022 to 2025. Method
  • In 2025 it paid out 45% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

Baton RougeBrandonJacksonBooneHarlanPekin

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants2021 4 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2021 to 2025, annual grant giving ranged from $12K (2025) to $71K (2024). In 2025 it made 3 grants totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Samaritan's Purse: $6KSamaritan's Purse$6KFirst Baptist Church of Fannin: $3KFirst Baptist Church of Fannin$3KFirst United Methodist Church: $3KFirst United Methodist Church$3K

The largest 2025 recipient was Samaritan's Purse ($6K). Together the top 3 received $12K.

Grant Size Distribution

16 grants across all recorded years

15<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 16 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Samaritan's Purse Boone, NCAssistance for Disaster Relief$6,000
First Baptist Church of Fannin Brandon, MSVarious Religious Purposes$3,000
First United Methodist Church Baton Rouge, LAVarious Religious Purposes$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$576,747$692,729$793,344
Revenue$52,026$51,102$36,103
Expenses$117,033$168,405$159,215
Qualifying Distributions$12,000$71,000$55,400
Net Investment Income$52,026$51,102$36,103
Distributable Amount$26,448$31,685$37,753

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Charles Morgan Carraway and Joanne M's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Nancy Stubbs

    Trustee

    On filings since 2021

    15 hrs/week

    $30K (2021) → $30K (2025)

  • Nell Carraway

    Trustee

    On filings since 2023

    15 hrs/week

    $30K (2024) → $30K (2025)

Former officers (2)
  • Former: J. Ferrell Carraway (2022–2023) — Trustee
  • Former: Ferrell Carraway (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Nancy Stubbs — Trustee: $30KNancy StubbsTrustee$30KNell Carraway — Trustee: $30KNell CarrawayTrustee$30K

The highest reported compensation on the 2025 filing was $30K, to Nancy Stubbs (Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Charles Morgan Carraway and Joanne M

How much does Charles Morgan Carraway and Joanne M give each year?

Charles Morgan Carraway and Joanne M gave $12K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $71K across 3 grants.

What is Charles Morgan Carraway and Joanne M's typical grant size?

Charles Morgan Carraway and Joanne M's median grant in 2025 was $3,000, and its average grant was $4,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Charles Morgan Carraway and Joanne M give grants?

Charles Morgan Carraway and Joanne M gives mostly in North Carolina: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Mississippi (25%) and Louisiana (25%).

Does Charles Morgan Carraway and Joanne M give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Charles Morgan Carraway and Joanne M's 2025 IRS Form 990-PF were described as general or operating support.

How large is Charles Morgan Carraway and Joanne M?

Charles Morgan Carraway and Joanne M reported $577K in total assets on its 2025 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Charles Morgan Carraway and Joanne M's EIN?

Charles Morgan Carraway and Joanne M's EIN (Employer Identification Number) is 20-1942780. IRS Form 990 filing data is available on this page for 2021–2025.

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

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