Roy J Carver Charitable Trust
The Roy J Carver Charitable Trust is an independent foundation established in 1982 in Iowa through the will of Roy J. Carver, an industrialist and philanthropist. Based in Muscatine, Iowa, the trust was created by the founder of the Bandag Company, which became the world's largest producer of tire retread materials and equipment for the transportation industry. The trust carries forward Carver's legacy of philanthropic support across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$12.1M
-13.8% YoY
Grant Count
69
-8.0% YoY
Avg Grant Size
$175K
-6.3% YoY
Mission & Focus Areas
Mission: The trust supports biomedical and scientific research, scholarships, and programs addressing the educational and recreational needs of youth.
Primary funding areas include:
- Biomedical and scientific research
- Higher education scholarships
- Youth recreational programs
- Community libraries and library infrastructure
- Arts and culture
- Educational facilities and technology infrastructure
Grantmaking
The trust maintains several active grant programs:
Review Cycle
April 1, 2026
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Geographic Focus
Where this funder awards grants
The trust primarily funds in Iowa and parts of Illinois.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $236.7 million
- Annual Income: $72.4 million
- IRS Ruling Year: 1982
- EIN: 42-1186589
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
3 open opportunities from Roy J Carver Charitable Trust
Iowa Public Library Grant Award Program
ROY J CARVER CHARITABLE TRUST
Amount
Up to US $80,000
Deadline
Rolling / Open
RJCCT: Youth Recreational Program Grant
ROY J CARVER CHARITABLE TRUST
Amount
Up to US $25,000
Deadline
Rolling / Open
Roy J. Carver Charitable Trust Grants
ROY J CARVER CHARITABLE TRUST
Amount
Varies
Deadline
Rolling / Open
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROY J CARVER JR | TRUSTEE/CHAIRMAN | 4 | $31,500 |
| J LARRY GRIFFITH | TRUSTEE/VICE CHAIRMAN | 4 | $29,075 |
| TROY K ROSS | CHIEF EXECUTIVE OFFICER | 40 | $450,628 |
| D SCOTT INGSTAD | TRUSTEE | 2 | $27,300 |
| DAVID M UTLEY | TRUSTEE/SECRETARY | 2 | $6,500 |
| ANDREW B CARVER | TRUSTEE | 2 | $27,300 |
| BRIAN W HUMMEL | TRUSTEE | 2 | $19,425 |
| BRADLEY W ROETH | TRUSTEE | 2 | $7,150 |
| ROY J CARVER III | TRUSTEE | 4 | $7,150 |
| JOHN A CARVER | TRUSTEE | 2 | $10,500 |
Recent News & Activity
Recent developments and announcements
**Major Recent Grants:**
**$45 million grant (2016)** to the University of Iowa for the creation of the Iowa Neuroscience Institute within the Roy J. and Lucille A. Carver College of Medicine. This transformational gift supports comprehensive, cross-disciplinary neuroscience research focused on finding causes, preventions, treatments, and cures for diseases affecting the brain and nervous system.
Neuroscience research earns grant funding**$500,000 donation (April 2020)** to the University of Iowa Stanley Museum of Art's new building to support intellectually challenging exhibitions and engage students, scholars, and art lovers.
**Recent grants (2024)** to support radiochemistry program growth at the University of Iowa College of Liberal Arts and Sciences and engineering science lab equipment upgrades at Luther College.
Grant will upgrade Luther's engineering science labs | Luther College**Grant support** to Grand View University for science lab upgrades.
Roy J. Carver Charitable Trust Grant | Grand View UniversityThe trust has been the largest donor to the University of Iowa, with collective giving from the trust and Roy and Lucille Carver totaling more than $195 million.
New grant: Roy J. Carver Charitable Trust | The Hiew Lab - The UniversityContact Information
- Phone: 563-263-4010
- Website: carvertrust.org
- Location: Muscatine, Iowa
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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