Fred and Margaret Carl Foundation

Foundation · Grantmaker Greenwood, MS EIN: 20-1938809

Fred and Margaret Carl Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greenwood, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 5 grants totaling $124K.

Key facts about Fred and Margaret Carl Foundation

EIN: 20-1938809
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $124,018
Grants made (2024): 5
Average grant: $24,804
Median grant: $3,568
Total assets: $1,997
Primary geography: California (81% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Fred and Margaret Carl Foundation funds

By grant dollars, the top recipient states for Fred and Margaret Carl Foundation's 5 itemized 2024 grants were California (81%) and Mississippi (15%). The most frequent recipient cities were Greenwood, MS (2 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Religious" (3 grants).

How Fred and Margaret Carl Foundation gives

Giving fell 77% from 2021 to 2024. Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Next steps with Fred and Margaret Carl Foundation

How to evaluate Fred and Margaret Carl Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Fred and Margaret Carl Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2K

-70.3% YoY

Annual Giving

$124K

+103.1% YoY

Grant Count

-54.5% YoY

Avg Grant Size

$25K

+346.9% YoY

Under IRS private-foundation payout rules, Fred and Margaret Carl Foundation reported a distributable amount of $215 for 2024 — the minimum it must pay out in qualifying distributions.

About Fred and Margaret Carl Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Fred and Margaret Carl Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $100K (81%)

Mississippi $18K (15%)

Florida $3K (3%)

Louisiana $3K (2%)

Share of all 5 itemized 2024 grant dollars.

States

California Florida Louisiana Mississippi

Cities

GreenwoodConventJacksonSanta Rosa BeachMississippi StateRidgelandEtnaStoneville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,997	$6,734	$13,874
Revenue	$120,660	$80,000	$76,279
Expenses	$125,397	$87,140	$170,608
Qualifying Distributions	$124,268	$61,299	$168,122
Net Investment Income	—	—	$29
Distributable Amount	$215	$507	$2,692

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

42 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Saint Photios Orthodox Theological ($100,000), Episcopal Church of the Nativity ($14,650), Misc Small Donations ($3,568).

Recipient	Purpose	Amount
SAINT PHOTIOS ORTHODOX THEOLOGICAL Etna, CA	EDUCATIONAL	$100,000
EPISCOPAL CHURCH OF THE NATIVITY Greenwood, MS	RELIGIOUS	$14,650
MISC SMALL DONATIONS Greenwood, MS	EDUCTIONAL	$3,568
CHRIST THE KING EPISCOPAL CHURCH Santa Rosa Beach, FL	RELIGIOUS	$3,300
MANRESA HOUSE OF RETREAT Convent, LA	RELIGIOUS	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Frederick E Carl Jr	President	—	—
Margaret Leflore Carl	Secretary/Tr	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Fred and Margaret Carl Foundation?

Fred and Margaret Carl Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greenwood, MS. It holds $2K in total assets as of 2024.

How large is Fred and Margaret Carl Foundation?

As of 2024, Fred and Margaret Carl Foundation holds $2K in total assets with $121K in annual revenue. It awarded 5 grants totaling $124K in 2024.

Where does Fred and Margaret Carl Foundation operate?

Fred and Margaret Carl Foundation has awarded grants in California, Florida, Louisiana, Mississippi.

What size grants does Fred and Margaret Carl Foundation award?

In 2024, Fred and Margaret Carl Foundation awarded 5 grants totaling $124K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Fred and Margaret Carl Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fred and Margaret Carl Foundation reported a distributable amount of $215 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fred and Margaret Carl Foundation's EIN?

Fred and Margaret Carl Foundation's EIN (Employer Identification Number) is 20-1938809. IRS Form 990 filing data is available on this page for 2020–2024.