The Carefree Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 7 grants totaling $514K. Net investment income was $346K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
+8.4% YoY
Annual Giving
$514K
+8.2% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$73K
+39.1% YoY
Under IRS private-foundation payout rules, The Carefree Foundation reported a distributable amount of $191K for 2024 — the minimum it must pay out in qualifying distributions.
About The Carefree Foundation
Based on IRS filings
The Carefree Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 7 grants totaling $514K. Net investment income was $346K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,902,114 | $3,600,587 | $3,259,294 |
| Revenue | $351,206 | $380,193 | $117,152 |
| Expenses | $526,516 | $479,660 | $141,227 |
| Qualifying Distributions | $514,720 | $475,850 | $127,725 |
| Net Investment Income | $346,161 | $376,383 | $109,290 |
| Distributable Amount | $190,807 | $159,867 | $163,560 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tufts University ($250,000), Mayo Clinic ($100,000), Uja Federation New York ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADATH ISRAEL MERION STATION, PA | GENERAL FUND | $5,720 |
| ANTI DEFAMATION LEAGUE NEW YORK, NY | GENERAL FUND | $50,000 |
| CARE CANCER RESEARCH NEW YORK, NY | GENERAL FUND | $6,000 |
| DAMON RUNYON CANCER RESEARCH FOUNDATION NEW YORK, NY | GENERAL FUND | $2,500 |
| MAYO CLINIC SCOTTSDALE, AZ | GENERAL FUND | $100,000 |
| TUFTS UNIVERSITY MEDFORD, MA | GENERAL FUND | $250,000 |
| UJA FEDERATION NEW YORK NEW YORK, NY | GENERAL FUND | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| E SCOTT URDANG | MANAGER | 1 | — |
| MARILYN URDANG | MANAGER | 1 | — |
| JENNIFER STERN | TRUSTEE | 1 | — |
| MELISSA BODIE | TRUSTEE | 1 | — |
| JAMIE SUNENSHINE | TRUSTEE | 1 | — |
| EMILY NITIDO | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Carefree Foundation?
The Carefree Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. It holds $3.9M in total assets as of 2024.
How large is The Carefree Foundation?
As of 2024, The Carefree Foundation holds $3.9M in total assets with $351K in annual revenue. It awarded 7 grants totaling $514K in 2024.
Where does The Carefree Foundation operate?
The Carefree Foundation has awarded grants in Arizona, Connecticut, Iowa, Illinois, Massachusetts, New Jersey, New York, Pennsylvania.
What size grants does The Carefree Foundation award?
In 2024, The Carefree Foundation awarded 7 grants totaling $514K — an average of about $73K per grant, based on its IRS Form 990 filings.
How much is The Carefree Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carefree Foundation reported a distributable amount of $191K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Carefree Foundation's EIN?
The Carefree Foundation's EIN (Employer Identification Number) is 25-6741662. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Carefree Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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