The Carbone Family Foundation
The Carbone Family Foundation is a private foundation, based in White Plains, NY. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $535K in total assets. In 2025, it awarded 5 grants totaling $20K. Net investment income was $74K.
Key facts about The Carbone Family Foundation
In short: The Carbone Family Foundation gave $20K across 5 grants in 2025 (avg $4K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 99-1447481
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $20,000
- Grants made (2025)
- 5
- Average grant
- $4,000
- Median grant
- $5,000
- Total assets
- $535,478
- Primary geography
- New York (50% 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
$535K
+40.9% YoY
Annual Giving
$20K
+0.0% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$4K
-80.0% YoY
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $20K (2024) to $20K (2025). In 2025 it made 5 grants totaling $20K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was St Judes Childrens Research Hospital ($5K). Together the top 5 received $20K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Judes Childrens Research Hospital Memphis, TN | Hospital | $5,000 |
| PHF Inc Woodbridge, NJ | Research in Health | $5,000 |
| Hadassah New York, NY | Research | $5,000 |
| Onyx and Breezy Fdn Tuxedo Park, NY | Saving Animal Lives | $2,500 |
| Ronald Maconald House New York, NY | Ronald Maconald House | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $535,478 | $380,000 |
| Revenue | $181,177 | $400,000 |
| Expenses | $27,043 | $20,000 |
| Net Investment Income | $74,134 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2024 (received by the IRS October 29, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 29, 2026)
Leadership & Key People
Officers and directors from IRS filings
The Carbone Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrew I. Panken
Trustee
On filings since 2024
1 hr/week
No compensation reported
Kelley T. Mikulak
Trustee
On filings since 2024
1 hr/week
No compensation reported
Leonard Carbone
Trustee
On filings since 2024
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "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 The Carbone Family Foundation
How much does The Carbone Family Foundation give each year?
The Carbone Family Foundation gave $20K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 1 grant.
What is The Carbone Family Foundation's typical grant size?
The Carbone Family Foundation's median grant in 2025 was $5,000, and its average grant was $4,000, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Carbone Family Foundation give grants?
The Carbone Family Foundation gives mostly in New York: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (25%) and New Jersey (25%). The most frequent recipient cities were New York, NY (2 grants).
Does The Carbone Family Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Carbone Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Carbone Family Foundation's largest grantees?
The Carbone Family Foundation's largest 2025 grantees include St Judes Childrens Research Hospital ($5,000), PHF Inc ($5,000) and Hadassah ($5,000), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.
How large is The Carbone Family Foundation?
The Carbone Family Foundation reported $535K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $181K.
What is The Carbone Family Foundation's EIN?
The Carbone Family Foundation's EIN (Employer Identification Number) is 99-1447481. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Carbone Family Foundation by hand.
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