Gerald & Janet Carrus Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 13-3929249

Gerald & Janet Carrus Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grant totaling $1.2M. Net investment income was $211K.

Key facts about Gerald & Janet Carrus Foundation

In short: Gerald & Janet Carrus Foundation gave $1.2M across 1 grant in 2025 (avg $1.2M), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
13-3929249
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,200,000
Grants made (2025)
1
Average grant
$1,200,000
Median grant
$1,200,000
Total assets
$1,363,259
Primary geography
New York (100% 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

$1.4M

-44.9% YoY

Annual Giving

$1.2M

+50.0% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$1.2M

+350.0% YoY

Under IRS private-foundation payout rules, Gerald & Janet Carrus Foundation reported a distributable amount of $106K for 2025 — the minimum it must pay out in qualifying distributions.

How Gerald & Janet Carrus Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+14%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Your AI grants department

Ready to take the next step with Gerald & Janet Carrus Foundation?

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

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2025 grant dollars on its one itemized grant.

Cities

HurleyvilleHarrisNew YorkBaltimoreBronxNarrowsburgBoulderPelhamWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M8 grants2020 4 grants2021 6 grants2022 3 grants2023 3 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $800K (2024) to $1.4M (2020). In 2025 it made 1 grant totaling $1.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Hurleyville Performing Arts Centre Inc: $1.2MHurleyville Performing ArtsCentre Inc$1.2M

The largest 2025 recipient was Hurleyville Performing Arts Centre Inc ($1.2M).

Grant Size Distribution

17 grants across all recorded years

2<$50K1$50–100K6$100–250K3$250–500K4$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 6 grants of 17 (35%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hurleyville Performing Arts Centre Inc Hurleyville, NYGeneral & Unrestricted$1,200,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,363,259$2,474,677$3,180,724
Revenue$231,119$244,371$331,031
Expenses$1,342,537$950,418$1,446,461
Qualifying Distributions$1,318,831$920,509$1,411,398
Net Investment Income$211,458$219,099$297,622
Distributable Amount$105,950$149,359$189,317

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 30, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Gerald & Janet Carrus Foundation is led by Cathey Romano, Executive Director on every filing since 2020; 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Cathey Romano

    Executive Director

    On filings since 2020

    20 hrs/week

    $91K (2020) → $91K (2025)

  • Janet Carrus

    Director & President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Irving Sitnick

    Director, Secretary & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michelle Peperone

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Renee Peperone

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robin Miller

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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

Cathey Romano — Executive Dir: $91KCathey RomanoExecutive Dir$91K

The highest reported compensation on the 2025 filing was $91K, to Cathey Romano (Executive Dir).

Frequently asked questions about Gerald & Janet Carrus Foundation

How much does Gerald & Janet Carrus Foundation give each year?

Gerald & Janet Carrus Foundation gave $1.2M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $800K across 3 grants.

How large is Gerald & Janet Carrus Foundation?

Gerald & Janet Carrus Foundation reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $106K (roughly 5% of its investment assets).

Where does Gerald & Janet Carrus Foundation operate?

Gerald & Janet Carrus Foundation has awarded grants in Colorado, District of Columbia, Maryland, New York.

What is Gerald & Janet Carrus Foundation's EIN?

Gerald & Janet Carrus Foundation's EIN (Employer Identification Number) is 13-3929249. IRS Form 990 filing data is available on this page for 2020–2025.

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

Your AI grants department

Here's the math on researching Gerald & Janet Carrus Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Gerald & Janet Carrus Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Liz Claiborne & Art Ortenberg

New York, NY

It funds wildlife and habitat conservation, including indigenous-led and community-based projects, in the United States and internationally. In 2024, grants ranged from $1,000 to $1.1 million, with a median award of $100,000. The available information does not state whether it accepts unsolicited requests.

Assets

$229.5M

Grants

81

Total Given

$9.5M

The Volgenau Foundation

McLean, VA

The Volgenau Foundation funds conservation, wildlife protection, education for under-resourced communities, and classical music, with 2024 grants ranging from $25,000 to $4.15 million and a median of $112,500. It is based in Virginia, and its 2024 giving reached organizations in Virginia, D.C., California, Montana, New York, and other states. The profile does not state whether it accepts unsolicited requests.

Environment & Animals

Assets

$166.2M

Grants

60

Total Given

$13.4M

Leibowitz and Greenway Family Charitable

Crotononhudson, NY

Leibowitz and Greenway Family Charitable supports humanitarian response, education, housing and homelessness, health, and poverty alleviation, with much of its 2024 funding going to New York organizations and grants also reaching other states. It awarded grants of $2,000–$50,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$8.7M

Grants

73

Total Given

$948K

Climate Conservation DBA Center for Large Landscape Conservation

Bozeman, MT

Climate Conservation DBA Center supports ecological connectivity and climate-resilient landscape conservation, including conservation science, wildlife-crossing projects, and conservation networks in the U.S. and internationally. Its 2025 grants had a median award of $25,000 and ranged from about $5,200 to $51,700; whether it accepts unsolicited requests is not stated.

Assets

$5.1M

Grants

28

Total Given

$549K

The Commonwealth Fund

New York, NY

The Commonwealth Fund supports health care research, policy, and projects that improve access, care quality, affordability, and equity, primarily through grants to health care-focused organizations. In 2025, grants ranged from $75 to $2.35 million, with a median of $15,000; it funds work in the United States and supports international learning and exchange. It accepts letters of inquiry through its online portal on a rolling basis and responds to unsolicited proposals, generally from tax-exempt charities.

Philanthropy, Voluntarism & Grantmaking

Assets

$922.7M

Grants

534

Total Given

$31.3M

Novo Foundation

Hurley, NY

In 2024, NOVO FOUNDATION gave grants across varied charitable areas, with a focus on New York (70% of grant dollars) and direct activities in the Hudson Valley; California received 11%. Its 2024 grants ranged from $5,000 to $20 million, with a median of $150,000. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

508

Total Given

$214.1M

The William & Flora Hewlett Foundation

Menlo Park, CA

The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, gender equity, governance, democracy, and philanthropy, with work in the San Francisco Bay Area, the U.S. West, nationally, and internationally. Its 2024 grants had a median of $150,000, though awards ranged from $50 to more than $11 million; it often provides long-term general operating support. It generally does not accept unsolicited requests, except through invited open processes.

Philanthropy, Voluntarism & Grantmaking

Assets

$14.2B

Grants

2,001

Total Given

$625.0M

American Electric Power Foundation

Wilmington, DE

The American Electric Power Foundation funds STEM education, basic needs such as hunger and housing, social justice, and environmental protection. Its 2025 grants had a median of $10,000, with awards ranging from $500 to about $1.43 million; funding is concentrated in Ohio, with grants also going to states including Texas, Indiana, Virginia, and West Virginia. It accepts applications only from preselected organizations invited through a local AEP Operating Company and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$43.6M

Grants

753

Total Given

$23.0M

Puget Sound Energy Foundation

Wilmington, DE

The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.

Philanthropy, Voluntarism & Grantmaking

Assets

$19.6M

Grants

451

Total Given

$1.2M

First Eagle Investments Foundation

Wilmington, DE

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

389

Total Given

$1.2M

Hagerty Drivers Foundation

Wilmington, DE

Assets

—

Grants

330

Total Given

$192K

McNabb Foundation

Wilmington, DE

The McNabb Foundation’s website describes support for behavioral health and social services in East Tennessee, while its 2024 grants went to organizations with varied missions, mostly in California. Grants ranged from $500 to $5,000, with a median of $1,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.8M

Grants

328

Total Given

$358K

More Funders in Delaware

Gerald & Janet Carrus Foundation down — hundreds of funders to go?

Want AI to do this for you?