Smart Carrot Foundation

Foundation · Grantmaker San Carlos, CA EIN: 86-2304451

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.

Your AI grants department

Ready to take the next step with Smart Carrot Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

San JoseSan Mateo

Giving Over Time

Total grant dollars and number of grants per year

$0$500$1K$1.5K$2K3 grants20220 grants20232 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2022202320242025
Metric202520242023
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

  1. 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.

Your AI grants department

Here's the math on researching Smart Carrot Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Smart Carrot Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Tomkat Foundation

San Francisco, CA

The TomKat Foundation funds innovative work on climate stability, sustainable and equitable food systems, and financial fairness, with recent grants concentrated in California and also supporting organizations in other states. Its 2024 grants ranged from $10,000 to $750,000, with a median of $25,000; it makes grants by invitation and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$42.8M

Grants

50

Total Given

$5.0M

The Anne Wojcicki Foundation

Los Altos, CA

The Anne Wojcicki Foundation supports charitable organizations across areas including biomedical research, education, poverty reduction, food access, and humanitarian response, though it does not state specific funding priorities. In 2024, it made 51 grants ranging from $1,000 to $4,032,247, with a median grant of $100,000; recipients were concentrated in California, Pennsylvania, and the District of Columbia. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

51

Total Given

$21.7M

Hoefer Family Foundation

Burlingame, CA

The foundation supports education, arts and culture, health, conservation, and community services, and also acquires California plein air paintings for a planned public collection. In 2025, it made 38 grants totaling $446,720; grants ranged from $220 to $103,500, with a median of $5,000, and 94% of funding went to California and 6% to Colorado. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$5.0M

Grants

38

Total Given

$447K

Lindsay & Alex Ramsay Foundation

San Francisco, CA

Assets

$3.4M

Grants

16

Total Given

$75K

ZH Family Foundation

Cupertino, CA

Assets

$121K

Grants

10

Total Given

$6K

The Betsy & Alan D Cohn Foundation Inc

New York, NY

The Betsy & Alan D Cohn Foundation supports a range of organizations, including arts and cultural institutions, Jewish organizations, schools and universities, and women’s support services. Its 2025 grants ranged from $100 to $50,000, with a median of $1,000, and were concentrated in New York, with funding also going to organizations in California, Virginia, Pennsylvania, and Illinois. It does not accept unsolicited requests and gives only to preselected charities.

Assets

$11.6M

Grants

168

Total Given

$630K

Connie and Bob Lurie Foundation Inc

Redwood City, CA

The foundation funds a varied mix of health care, research, education, and social services, with 93% of its 2024 grant dollars going to California. Its 2024 grants ranged from $100 to $9 million, with a median of $19,630. It supports only preselected charitable organizations and does not accept unsolicited requests.

Assets

$80.1M

Grants

77

Total Given

$21.4M

Merck Foundation a New Jersey Nonprofit Corporation

Rahway, NJ

The Merck Foundation supports health access and well-being, including efforts to reduce disparities and help underserved communities affected by cancer, cardiovascular disease, diabetes, and HIV/AIDS, as well as local community programs. Its 2025 grants had a median of about $149,000, with awards ranging from $25,000 to $10.1 million, and support is directed to communities where Merck operates or employees live and work; it does not accept unsolicited requests.

Assets

$337.9M

Grants

74

Total Given

$29.1M

The Khachaturian Foundation

Redwood City, CA

The Khachaturian Foundation supports organizations working in food access, education, health and care, children’s services, and community support, with most of its 2024 grant dollars going to California and some going to other U.S. states. Its 2024 grants ranged from $10,000 to $150,000, with a median of $42,000. It accepts letter-form applications addressed to Natasha Khachaturian Azzam and does not make grants directly to individuals.

Philanthropy, Voluntarism & Grantmaking

Assets

$32.2M

Grants

28

Total Given

$1.3M

Ross Stores Foundation

Dublin, CA

Ross Stores Foundation funds youth programs focused on literacy, STEM, mentoring, leadership, and college and career readiness in communities where Ross operates. Regional grants are typically $10,000, $20,000, or $30,000; it also provides gift cards, usually worth $300–$500, to eligible youth programs. It accepts Letters of Inquiry through its online portal during application cycles, with selected applicants invited to submit full proposals.

Assets

$10.2M

Grants

140

Total Given

$4.2M

The Board of Trustees of the Leland

Redwood City, CA

The board’s reported giving supports universities, research and health-care institutions, and other organizations, including endowment, general, research, and construction support. In 2025, grants ranged from $6,000 to $50 million, with a median of $40,000; most grant dollars went to recipients in Wisconsin, Massachusetts, and California. The profile does not state whether unsolicited requests are accepted.

Assets

$68.7B

Grants

115

Total Given

$112.1M

Silicon Valley Community Foundation

Mountain View, CA

Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.3B

Grants

3,576

Total Given

$3.2B

More Funders in California

Smart Carrot Foundation down — hundreds of funders to go?

Want AI to do this for you?