Health Carousel Foundation
Health Carousel Foundation is a private foundation based in Wilmington, Delaware. Its 2025 filing reports grants to charitable organizations working in areas including healthcare improvement, maternal and child health, nursing education, and community healthcare training.
Health Carousel Foundation at a glance
In short: Health Carousel Foundation gave $4.3M across 31 grants in 2025 (avg $138K), top state Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,275,110
- Grants made (2025)
- 31
- Average grant
- $137,907
- Median grant
- $125,000
- Total assets
- $1,252,294
- Primary geography
- Ohio (35% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Health Carousel Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The Foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Health Carousel Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Ohio University Foundation ($400K across 3 grants). Together the top 10 received $2.8M.
Organizations only. It also paid 1 individual scholarship ($60,000), which are not listed by name.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was in the $100–250K range: 16 grants of 38 (42%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that grant dollars went to recipients in Ohio (35%), California (16%), New York (14%), an unspecified category marked “?” (10%), and Michigan (6%). Listed grantees also included organizations in Idaho, Colorado, and Kentucky.
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
States
Cities
How Health Carousel Foundation gives
- 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $46K (2023) to $4.3M (2025). In 2025 it made 31 grants totaling $4.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Health Collaborative Cincinnati, OH | General & Unrestricted | $300,000 |
| Health Futures Foundation | General & Unrestricted | $266,000 |
| Amref Health Africa Inc New York, NY | Classroom to Clinic Project | $250,000 |
| Bless a Child Foundation Canoga Park, CA | General & Unrestricted | $250,000 |
| Direct Relief Santa Barbara, CA | Power for Health Initiative and the Maternal and Child Health (MCH) Program | $250,000 |
| Indiana University Detroit, MI | General & Unrestricted | $250,000 |
| National Association of Nigerian Nurses in North a Elmont, NY | Nigerian Nursing School information and Communication Technology (ICT) Center Modernization | $250,000 |
| Mercy in Action Vineyard Inc Boise, ID | General & Unrestricted | $215,000 |
| World Child Cancer USA Golden, CO | Elevating Pediatric Oncology Nursing Skills and Nurse Educator Development Across Sub-Saharan Africa | $213,270 |
| Ohio University Foundation Athens, OH | Community Healthcare Worker Training | $200,000 |
Ready to take the next step with Health Carousel Foundation?
Financial History
Multi-year comparison from IRS filings
The Foundation reported that its 2025 distributions from assets other than current income totaled $4,275,110, an amount equal to at least 25% of its $2,536,638 in net assets at the beginning of that tax year. The filing described the distributions as resulting in a substantial contraction of assets.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,252,294 | $3,035,066 | $4,319,410 | $4,275,110 | 31 | $4,319,183 | $4,981 | $48,838 |
| 2023 | $909,181 | $147 | $90,966 | $45,929 | 7 | $90,910 | $91 | $46,976 |
| 2022 | $1,000,000 | $1,000,000 | — | — | — | — | — | $1,855 |
Under IRS private-foundation payout rules, Health Carousel Foundation reported a distributable amount of $49K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the Foundation is provided. Its 2025 grants included support for general and unrestricted purposes, community healthcare worker training, maternal and child health, pediatric oncology nursing, and nursing education and technology.
The grantees describe a range of work: The Health Collaborative says it leads data-driven improvement for healthier people, better care, and lower costs. Amref Health Africa says it works to empower people in Africa through better health. Direct Relief describes its work as humanitarian aid to improve the health and lives of people affected by poverty or emergencies. World Child Cancer USA says it aims to improve cancer diagnosis, treatment, and care for children in the developing world. U-VOL Foundation describes its work as meeting underserved communities’ healthcare and wellness needs through outreach, education, and other projects.
Grantmaking
In 2025, the Foundation made 31 grants totaling $4,275,110. Grant amounts ranged from $2,960 to $300,000, with a median of $125,000.
Among its largest 2025 grants were $300,000 to The Health Collaborative; $266,000 to Health Futures Foundation; $250,000 each to Amref Health Africa, Bless a Child Foundation, Direct Relief, Indiana University, and the National Association of Nigerian Nurses in North America; $215,000 to Mercy in Action Vineyard; $213,270 to World Child Cancer USA; $200,000 each to Ohio University Foundation and U-VOL Foundation; and $150,000 to Brighton Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Amber Sprengard as director and chair, Erik Schumann as director and president, Jonathan Kukulski as secretary and director, and John Penote as treasurer.
Health Carousel Foundation is led by Erik Schumann, Director & President on every filing since 2022; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Erik Schumann
Director & President
On filings since 2022
1 hr/week
No compensation reported
Amber Sprengard
Director & Chair
New on the 2025 filing
1 hr/week
No compensation reported
Jonathan Kukulski
Secretary & Director
Secretary → Secretary & Director, 2025
On filings since 2022
1 hr/week
No compensation reported
John Penote
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Health Carousel Foundation
How much does Health Carousel Foundation give each year?
Health Carousel Foundation gave $4.3M across 31 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Health Carousel Foundation's typical grant size?
Health Carousel Foundation's median grant in 2025 was $125,000, and its average grant was $137,907, across 31 grants on its 2025 IRS Form 990-PF.
Where does Health Carousel Foundation give grants?
Health Carousel Foundation's top state is Ohio, with 35% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (16%) and New York (14%). The most frequent recipient cities were Cincinnati, OH (6 grants), Athens, OH (4 grants) and Elmont, NY (2 grants).
Does Health Carousel Foundation give general operating support?
Yes: 48% of Health Carousel Foundation's 2025 grants with a stated purpose (15 of 31) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Health Carousel Foundation's largest grantees?
Health Carousel Foundation's largest 2025 grantees include Ohio University Foundation ($400,000 across 3 grants), National Association of Nigerian Nurses in North a ($356,000 across 2 grants) and The Health Collaborative ($300,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($60,000), which are not listed by name. Together they received 25% of its itemized 2025 grant dollars.
How large is Health Carousel Foundation?
Health Carousel Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $4.3M in qualifying distributions that year, against a required minimum of $49K (roughly 5% of its investment assets).
What does Health Carousel Foundation fund?
No mission statement for the Foundation is provided. Its 2025 grants included support for general and unrestricted purposes, community healthcare worker training, maternal and child health, pediatric oncology nursing, and nursing education and technology. See mission & focus areas ↑
How do I apply for a grant from Health Carousel Foundation?
The Foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Health Carousel Foundation's EIN?
Health Carousel Foundation's EIN (Employer Identification Number) is 92-0296848. IRS Form 990 filing data is available on this page for 2022–2025.
Does Health Carousel Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 18, 2026)
- IRS filings on file for fiscal years 2022–2023
Live grants for the work Health Carousel Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Health Carousel Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Health Carousel Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/health-carousel-foundation-morg_831ee3aa78d846169a077ca1d237ab22
BibTeX
@misc{grantable_920296848_2026,
author = {{Grantable}},
title = {{Health Carousel Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/health-carousel-foundation-morg_831ee3aa78d846169a077ca1d237ab22},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Health Carousel Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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