Gerald & Janet Carrus Foundation
Gerald & Janet Carrus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 3 grants totaling $800K. Net investment income was $219K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-22.2% YoY
Annual Giving
$800K
-38.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$267K
-38.0% YoY
About Gerald & Janet Carrus Foundation
Based on IRS filings
Gerald & Janet Carrus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 3 grants totaling $800K. Net investment income was $219K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,474,677 | $3,180,724 | $4,296,154 |
| Revenue | $244,371 | $331,031 | $200,301 |
| Expenses | $950,418 | $1,446,461 | $1,235,326 |
| Qualifying Distributions | $920,509 | $1,411,398 | $1,183,456 |
| Net Investment Income | $219,099 | $297,622 | $154,972 |
| Distributable Amount | $149,359 | $189,317 | $251,955 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Janet Carrus | Dir, Pres | 1 | — |
| Robin Miller | Dir | 1 | — |
| Michelle Peperone | Dir | 1 | — |
| Renee Peperone | Dir | 1 | — |
| Cathey Romano | Executive Dir | 20 | $90,800 |
| Irving Sitnick | Dir, Sec, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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