Joseph and Inez E Carbone Foundation

UTICA, NY EIN: 16-1475079

The Joseph and Inez E Carbone Foundation is a private foundation based in Utica, New York. Established in 1995, the foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking activities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-3.9% YoY

Annual Giving

$218K

-2.3% YoY

Grant Count

49

-2.0% YoY

Avg Grant Size

$4K

-0.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation makes grants to charitable organizations. Recent documented grants include:

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Geographic Focus

Where this funder awards grants

The foundation is based in Utica, New York, and appears to focus its grantmaking within the local Utica region and surrounding areas.

Grant Distribution by State

18states
+10 more states

Cities

AlbanyAlexandriaArlingtonAventuraBarneveldBoca RatonBooneBridgeportBridgetonCamdenCanastotaClifton ParkClintonColumbia FallsDanvilleDeansboroEast SyracuseEl PasoFondaFort Drum

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $1,806,310
  • Total Giving: $223,050
  • Annual Revenue: $119,000
  • Annual Expenses: $263,000
  • Total Liabilities: $18,100
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$92K$183K$275K$367K20202021202220232024
Metric202420232022
Total Assets$1,735,850$1,806,310$1,932,198
Revenue$185,256$118,869$45,800
Expenses$251,986$262,637$255,150
Qualifying Distributions$217,812$223,050$233,000
Net Investment Income$128,426$54,532$12,695
Distributable Amount$111,073$91,134$112,922

Giving Over Time

Total grant dollars and number of grants per year

$0$58K$117K$175K$233K37 grants202041 grants202140 grants202250 grants202349 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MOHAWK VALLEY HEALTH SYS…$110KKELBERMAN CENTER$17KUTICA UNIVERSITY$10KHOUSE OF THE GOOD SHEPHERD$9KRESCUE MISSION OF UTICA$7KLANDMARK'S SOCIETY$5KUPSTATE CANCER CENTER$5KMASONIC MEDICAL RESEARCH$4KUNITED WAY OF THE VALLEY…$3KDISABLED AMERICAN VETERANS$3K

Grant Size Distribution

217 grants across all recorded years

212<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
ENESSA M CARBONETRUSTEE1
ALEXANDER E CARBONETRUSTEE1
JOSEPH A CARBONETRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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