Robert M & Lenore W Carrier Foundation

MEMPHIS, TN EIN: 62-6035575

Robert M & Lenore W Carrier Foundation is a private foundation, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $95K. Net investment income was $206K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+5.3% YoY

Annual Giving

$95K

-6.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$95K

-6.6% YoY

Under IRS private-foundation payout rules, Robert M & Lenore W Carrier Foundation reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.

About Robert M & Lenore W Carrier Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $492K (100%)

States

Mississippi

Cities

University

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,881,345	$1,785,896	$1,841,261
Revenue	$226,381	$78,565	$104,783
Expenses	$130,932	$133,930	$150,331
Qualifying Distributions	$109,840	$115,636	$122,766
Net Investment Income	$205,789	$59,426	$82,694
Distributable Amount	$116,473	$108,873	$116,142

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Mississippi ($95,337).

Recipient	Purpose	Amount
UNIVERSITY OF MISSISSIPPI UNIVERSITY, MS	EDUCATION	$95,337

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGIONS NATL BANK	TRUSTEE	2	$29,005

Frequently Asked Questions

How large is Robert M & Lenore W Carrier Foundation?

As of 2024, Robert M & Lenore W Carrier Foundation holds $1.9M in total assets with $226K in annual revenue. It awarded 1 grants totaling $95K in 2024.

Where does Robert M & Lenore W Carrier Foundation operate?

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

What size grants does Robert M & Lenore W Carrier Foundation award?

In 2024, Robert M & Lenore W Carrier Foundation awarded 1 grants totaling $95K — an average of about $95K per grant, based on its IRS Form 990 filings.

How much is Robert M & Lenore W Carrier Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert M & Lenore W Carrier Foundation reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.