James P & Frankie C Carpenter Foundation

Foundation · Grantmaker CHARLOTTESVILLE, VA EIN: 54-1613842

James P & Frankie C Carpenter Foundation is a private foundation, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 17 grants totaling $83K. Net investment income was $72K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-1.1% YoY

Annual Giving

$83K

+7.8% YoY

Grant Count

17

+21.4% YoY

Avg Grant Size

$5K

-11.2% YoY

Under IRS private-foundation payout rules, James P & Frankie C Carpenter Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.

About James P & Frankie C Carpenter Foundation

Based on IRS filings

James P & Frankie C Carpenter Foundation is a private foundation, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 17 grants totaling $83K. Net investment income was $72K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrightwoodMadisonRadiantRochelle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$112K$224K$336K$448K20202021202220232024
Metric202420232022
Total Assets$1,360,419$1,374,990$1,369,314
Revenue$86,396$99,556$43,702
Expenses$100,967$93,880$98,848
Qualifying Distributions$86,590$80,365$80,187
Net Investment Income$72,019$86,041$25,668
Distributable Amount$80,010$72,880$75,523

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$42K$62K$83K15 grants202015 grants202116 grants202214 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MADISON COUNTY HIGH SCHOOL$30KMADISON COUNTY PARKS AND…$7KMADISON VOLUNTEER FIRE D…$6KMADISON UNITED METHODIST…$5KBURNT TREE GRANGE$4KMADISON COUNTY DEPARTMEN…$4KMESA$4KMADISON LEARNING CENTER$3KBETHEL UNITED METHODIST …$2KMADISON CHURCH OF BRETHERN$2K

Grant Size Distribution

77 grants across all recorded years

77<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Madison County High School ($30,400), Madison County Parks and Recreation ($7,000), Madison Volunteer Fire Department ($6,400).

RecipientPurposeAmount
BETHEL UNITED METHODIST CHURCH MADISON, VAGENERAL PURPOSES OF DONEE$2,400
BURNT TREE GRANGE RADIANT, VAGENERAL PURPOSES OF DONEE$4,000
MADISON ATHLETIC BOOSTERS MADISON, VAGENERAL PURPOSES OF DONEE$2,000
MADISON BASKETBALL & ATHLETIC MADISON, VAGENERAL PURPOSES OF DONEE$2,000
MADISON CHURCH OF BRETHERN MADISON, VAGENERAL PURPOSES OF DONEE$2,400
MADISON COUNTY DEPARTMENT OF SOCIAL SERVICES MADISON, VAGENERAL PURPOSES OF DONEE$4,000
MADISON COUNTY HIGH SCHOOL MADISON, VAGENERAL PURPOSES OF DONEE$30,400
MADISON COUNTY PARKS AND RECREATION MADISON, VAGENERAL PURPOSES OF DONEE$7,000
MADISON LEARNING CENTER MADISON, VAGENERAL PURPOSES OF DONEE$3,200
MADISON UNITED METHODIST CHURCH MADISON, VAGENERAL PURPOSES OF DONEE$4,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

STUART DEANDIRECTOR-TRUSTEE$700MICHAEL D HALEDIRECTOR-TRUSTEE$700KERMIT W AYLORDIRECTOR-TRUSTEE$700J HOWARD CARPENTERDIRECTOR-TRUSTEE$700JEFFREY C EARLYDIRECTOR-TRUSTEE$700

From 2024 filing

NameTitleHoursCompensation
STUART DEANDIRECTOR-TRUSTEE2$700
MICHAEL D HALEDIRECTOR-TRUSTEE2$700
KERMIT W AYLORDIRECTOR-TRUSTEE2$700
J HOWARD CARPENTERDIRECTOR-TRUSTEE2$700
JEFFREY C EARLYDIRECTOR-TRUSTEE2$700

Frequently Asked Questions

How large is James P & Frankie C Carpenter Foundation?

As of 2024, James P & Frankie C Carpenter Foundation holds $1.4M in total assets with $86K in annual revenue. It awarded 17 grants totaling $83K in 2024.

Where does James P & Frankie C Carpenter Foundation operate?

James P & Frankie C Carpenter Foundation has awarded grants in Virginia.

What size grants does James P & Frankie C Carpenter Foundation award?

In 2024, James P & Frankie C Carpenter Foundation awarded 17 grants totaling $83K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is James P & Frankie C Carpenter Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, James P & Frankie C Carpenter Foundation reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is James P & Frankie C Carpenter Foundation's EIN?

James P & Frankie C Carpenter Foundation's EIN (Employer Identification Number) is 54-1613842. IRS Form 990 filing data is available on this page for 2020–2024.

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

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