Mark E Carbone Education Foundation Inc
The MARK E CARBONE EDUCATION FOUNDATION is a private foundation based in New York, New York. It made 13 grants totaling $715,284 in 2024, including scholarship grants to the University of Miami and general-support grants to organizations in Florida and New York.
Mark E Carbone Education Foundation Inc at a glance
In short: Mark E Carbone Education Foundation Inc gave $715K across 13 grants in 2024 (avg $55K), mostly in Florida. 9% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $715,284
- +84.5% vs 2023
- Grants made (2024)
- 13
- +62.5% vs 2023
- Average grant
- $55,022
- +13.5% vs 2023
- Median grant
- $6,000
- Total assets
- $354
- -30.5% vs 2023
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2024; small sample)
- Primary geography
- Florida (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mark E Carbone Education Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 30 East 29Th St 33A, New York, NY 10016
Phone: (212) 750-9700
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mark E Carbone Education Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was University of Miami ($675K across 3 grants). Together the top 10 received $715K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 33 grants of 40 (83%).
Geographic Focus
Where this funder awards grants
In 2024, 96% of grant dollars went to recipients in Florida and 4% to recipients in New York. The listed grants went to organizations in those two states.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
States
Cities
Is Mark E Carbone Education Foundation Inc open to new grantees?
9%
first-time grantees, 2024
In 2024, 1 of 11 grantees (9%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $300; repeat grants $71K. How we count
Medians: $300 first-time, $4K repeat.
- 55% of 2024 grantees were also funded in 2023. Method
- Giving grew 315% from 2021 to 2024. Method
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $76K (2020) to $715K (2024). In 2024 it made 13 grants totaling $715K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Miami Coral Gables, FL | Scholarships | $513,883 |
| University of Miami Coral Gables, FL | Scholarships | $152,531 |
| Matt and Lisa Allen Family Foundation Inc Miami Shores, FL | General Support | $14,500 |
| University of Miami Coral Gables, FL | Scholarships | $8,749 |
| Metropolitan Opera Club New York, NY | General Support | $7,200 |
| The Nyspcc New York, NY | General Support | $6,375 |
| The Surf Club of Quogue Scholarship Funds Quogue, NY | General Support | $6,000 |
| Quogue Library Society Quogue, NY | General Support | $2,500 |
| Quogue Chamber Music Inc Quogue, NY | General Support | $1,660 |
| East End Hospice Westhampton Beach, NY | General Support | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $354 | $820,624 | $731,251 | $715,284 | 13 | $721,919 | $80,200 | — |
| 2023 | $509 | $548,737 | $395,282 | $387,650 | 8 | $391,465 | $151,829 | — |
| 2022 | $487 | $159,537 | $148,184 | $140,535 | 11 | $147,410 | $13,825 | $13 |
| 2021 | $520 | $125,764 | $178,352 | $172,372 | 4 | $177,647 | — | $1,131 |
| 2020 | $52,459 | $134,583 | $84,148 | $76,000 | 4 | — | — | $270 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included scholarships and general support. Among the supported organizations, the Metropolitan Opera Club describes its mission as cultivating vocal and instrumental music, encouraging and supporting operatic and musical performances, supporting the Metropolitan Opera Association, and promoting social interaction among its members. East End Hospice describes its mission as improving lives across eastern Long Island through expert care, comfort, and compassion for terminally ill patients and their families.
Grantmaking
In 2024, the foundation awarded 13 grants totaling $715,284. Grant amounts ranged from $250 to $513,883, with a median of $6,000. The largest listed awards included three grants to the University of Miami for scholarships: $513,883, $152,531, and $8,749. Other listed grants included $14,500 to the Matt and Lisa Allen Family Foundation Inc. for general support, $7,200 to the Metropolitan Opera Club for general support, and $1,000 to East End Hospice for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark E Carbone as president, CFO, and director; Thomas R Califano as secretary and director; and Peter P Smith as director.
Mark E Carbone Education Foundation Inc is led by Mark E. Carbone, President, CFO & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark E. Carbone
President, CFO & Director
On filings since 2020
5 hrs/week
No compensation reported
Peter P. Smith
Director
On filings since 2020
1 hr/week
No compensation reported
Thomas R. Califano
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Mark E Carbone Education Foundation Inc
How much does Mark E Carbone Education Foundation Inc give each year?
Mark E Carbone Education Foundation Inc gave $715K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $388K across 8 grants.
What is Mark E Carbone Education Foundation Inc's typical grant size?
Mark E Carbone Education Foundation Inc's median grant in 2024 was $6,000, and its average grant was $55,022, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Mark E Carbone Education Foundation Inc that year got $300 on average.
Where does Mark E Carbone Education Foundation Inc give grants?
Mark E Carbone Education Foundation Inc gives mostly in Florida: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Quogue, NY (4 grants), Coral Gables, FL (3 grants) and New York, NY (3 grants).
Does Mark E Carbone Education Foundation Inc give general operating support?
Yes: 77% of Mark E Carbone Education Foundation Inc's 2024 grants with a stated purpose (10 of 13) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarships" (3 grants).
Who are Mark E Carbone Education Foundation Inc's largest grantees?
Mark E Carbone Education Foundation Inc's largest 2024 grantees include University of Miami ($675,163 across 3 grants), Matt and Lisa Allen Family Foundation Inc ($14,500) and Metropolitan Opera Club ($7,200), according to its 2024 IRS Form 990-PF. Together they received 97% of its itemized 2024 grant dollars.
How large is Mark E Carbone Education Foundation Inc?
Mark E Carbone Education Foundation Inc reported $354 in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $821K.
What does Mark E Carbone Education Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included scholarships and general support. See mission & focus areas ↑
How do I apply for a grant from Mark E Carbone Education Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mark E Carbone Education Foundation Inc's EIN?
Mark E Carbone Education Foundation Inc's EIN (Employer Identification Number) is 46-2559459. IRS Form 990 filing data is available on this page for 2020–2024.
Does Mark E Carbone Education Foundation Inc 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 2, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Mark E Carbone Education Foundation Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/mark-e-carbone-education-foundation-inc-morg_084fa3d432994ae8aceeff78f1367c62
BibTeX
@misc{grantable_462559459_2026,
author = {{Grantable}},
title = {{Mark E Carbone Education Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mark-e-carbone-education-foundation-inc-morg_084fa3d432994ae8aceeff78f1367c62},
note = {Accessed 2026-10-05. 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 Mark E Carbone Education Foundation Inc'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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