Giarla Michelson & Carr Charitable Foundation
Giarla Michelson & Carr Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $62K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-6.4% YoY
Annual Giving
$62K
-5.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$62K
-5.8% YoY
Under IRS private-foundation payout rules, Giarla Michelson & Carr Charitable Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About Giarla Michelson & Carr Charitable Foundation
Based on IRS filings
Giarla Michelson & Carr Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $62K. Net investment income was $16K.
Focus Areas
Ready to take the next step with Giarla Michelson & Carr Charitable Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,035,931 | $1,107,077 | $1,175,965 |
| Revenue | $23,643 | $22,488 | $21,383 |
| Expenses | $70,491 | $73,923 | $76,430 |
| Qualifying Distributions | $70,491 | $7,943 | $76,430 |
| Net Investment Income | $16,330 | $15,694 | $30,483 |
| Distributable Amount | $49,058 | — | $48,372 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various 501c-3 Charities ($62,185).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS 501C-3 CHARITIES CHAPEL HILL, NC | SEE ATTACHED | $62,185 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J GIARLA | PRESIDENT | 1 | — |
| ELLEN H MICHELSON | VP/SECRETARY | 1 | — |
| ANNETTE GIARLA-CARR | VP | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Giarla Michelson & Carr Charitable Foundation?
Giarla Michelson & Carr Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. It holds $1.0M in total assets as of 2024.
How large is Giarla Michelson & Carr Charitable Foundation?
As of 2024, Giarla Michelson & Carr Charitable Foundation holds $1.0M in total assets with $24K in annual revenue. It awarded 1 grants totaling $62K in 2024.
Where does Giarla Michelson & Carr Charitable Foundation operate?
Giarla Michelson & Carr Charitable Foundation has awarded grants in North Carolina.
What size grants does Giarla Michelson & Carr Charitable Foundation award?
In 2024, Giarla Michelson & Carr Charitable Foundation awarded 1 grants totaling $62K — an average of about $62K per grant, based on its IRS Form 990 filings.
How much is Giarla Michelson & Carr Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Giarla Michelson & Carr Charitable Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Giarla Michelson & Carr Charitable Foundation's EIN?
Giarla Michelson & Carr Charitable Foundation's EIN (Employer Identification Number) is 01-0656784. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Giarla Michelson & Carr Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
State Employees Credit Union Foundation
RALEIGH, NC
Assets
$68.8M
Grants
1,788
Total Given
$17.3M
Foundation for the Carolinas
CHARLOTTE, NC
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
ASHEVILLE, NC
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
WINSTONSALEM, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
GiveClear Foundation
CHARLOTTE, NC
Assets
$215.4M
Grants
816
Total Given
$28.8M
North Carolina Community Foundation
RALEIGH, NC
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
DURHAM, NC
Assets
$311.2M
Grants
558
Total Given
$23.4M
The Labcorp Charitable Foundation
BURLINGTON, NC
Assets
$19.8M
Grants
558
Total Given
$2.6M
The Community Foundation
ASHEVILLE, NC
Assets
$434.9M
Grants
514
Total Given
$17.7M
The Duke Endowment
CHARLOTTE, NC
Assets
$3.6B
Grants
480
Total Given
$251.2M
The Leon Levine Foundation
CHARLOTTE, NC
Assets
$1.1B
Grants
433
Total Given
$42.2M
The Morehead-cain Foundation
CHAPEL HILL, NC
Assets
$225.5M
Grants
409
Total Given
$13.8M
More Funders in North Carolina
Data last updated April 2026. Sourced from IRS Form 990-PF filings.