Robert M & Lenore W Carrier Foundation

Private foundation · Grantmaker Birmingham, AL EIN: 62-6035575

Robert M & Lenore W Carrier Foundation is a private foundation, based in Birmingham, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grant totaling $102K. Net investment income was $193K.

Key facts about Robert M & Lenore W Carrier Foundation

In short: Robert M & Lenore W Carrier Foundation gave $102K across 1 grant in 2025 (avg $102K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.

EIN
62-6035575
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$101,970
Grants made (2025)
1
Average grant
$101,970
Median grant
$101,970
Total assets
$1,961,623
Primary geography
Mississippi (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.0M

+4.3% YoY

Annual Giving

$102K

+7.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$102K

+7.0% YoY

Under IRS private-foundation payout rules, Robert M & Lenore W Carrier Foundation reported a distributable amount of $121K for 2025 — the minimum it must pay out in qualifying distributions.

How Robert M & Lenore W Carrier Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

UniversityOxford

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $92K (2020) to $109K (2022). In 2025 it made 1 grant totaling $102K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The University of Mississippi Foundation: $102KThe University of MississippiFoundation$102K

The largest 2025 recipient was The University of Mississippi Foundation ($102K).

Grant Size Distribution

5 grants across all recorded years

<$50K2$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The University of Mississippi Foundation Oxford, MSGeneral Operating$101,970

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,961,623$1,881,345$1,785,896
Revenue$223,035$226,381$78,565
Expenses$141,209$130,932$133,930
Qualifying Distributions$109,368$109,840$115,636
Net Investment Income$193,221$205,789$59,426
Distributable Amount$120,650$116,473$108,873

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 24, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Robert M & Lenore W Carrier Foundation's only listed officer is Regions Bank Trust Dept, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • Regions Bank Trust Dept

    Trustee

    New on the 2025 filing

    1 hr/week

    $30K (2025)

Former officers (1)
  • Former: Regions Natl Bank (2020–2024) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Regions Bank Trust Dept — Trustee: $30KRegions Bank Trust DeptTrustee$30K

The highest reported compensation on the 2025 filing was $30K, to Regions Bank Trust Dept (Trustee).

Frequently asked questions about Robert M & Lenore W Carrier Foundation

How much does Robert M & Lenore W Carrier Foundation give each year?

Robert M & Lenore W Carrier Foundation gave $102K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 1 grant.

How large is Robert M & Lenore W Carrier Foundation?

Robert M & Lenore W Carrier Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $109K in qualifying distributions that year, against a required minimum of $121K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Robert M & Lenore W Carrier Foundation operate?

Robert M & Lenore W Carrier Foundation has awarded grants in Mississippi.

What is Robert M & Lenore W Carrier Foundation's EIN?

Robert M & Lenore W Carrier Foundation's EIN (Employer Identification Number) is 62-6035575. IRS Form 990 filing data is available on this page for 2020–2025.

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

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