Smart Carrot Foundation
Smart Carrot Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in San Carlos, CA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $406K in total assets. In 2025, it made $22K in qualifying distributions. Net investment income was $77K.
Key facts about Smart Carrot Foundation
- EIN
- 86-2304451
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $405,683
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$406K
+10.7% YoY
Revenue
$77K
+37.1% YoY
Qualifying Distributions
$22K
-49.2% YoY
Expenses
$29K
-34.3% YoY
Under IRS private-foundation payout rules, Smart Carrot Foundation reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.
How Smart Carrot Foundation gives
- In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). 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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $405,683 | $366,426 | $344,321 |
| Revenue | $77,154 | $56,275 | $190,208 |
| Expenses | $28,579 | $43,486 | $14,266 |
| Qualifying Distributions | $22,065 | $43,437 | $14,193 |
| Net Investment Income | $77,154 | $56,226 | $5,528 |
| Distributable Amount | $20,387 | $19,805 | $8,813 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2025
Leadership & Key People
Officers and directors from IRS filings
Smart Carrot Foundation is led by Ting Chen, CEO on every filing since 2022; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ting Chen
CEO
On filings since 2022
2 hrs/week
No compensation reported
Zhongming Chen
CFO
On filings since 2022
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Smart Carrot Foundation
How large is Smart Carrot Foundation?
Smart Carrot Foundation reported $406K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).
What is Smart Carrot Foundation?
Smart Carrot Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in San Carlos, CA. It holds $406K in total assets as of 2025.
Where does Smart Carrot Foundation operate?
Smart Carrot Foundation has awarded grants in California.
What is Smart Carrot Foundation's EIN?
Smart Carrot Foundation's EIN (Employer Identification Number) is 86-2304451. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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