The Carol a Ammon Foundation Inc

Private foundation · Grantmaker Wilmington, DE EIN: 20-2029151

The Carol a Ammon Foundation Inc is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $3.8M. Net investment income was $13K.

Key facts about The Carol a Ammon Foundation Inc

In short: The Carol a Ammon Foundation Inc gave $3.8M across 2 grants in 2023 (avg $1.9M), mostly in Ohio. Source: 2023 IRS Form 990-PF.

EIN
20-2029151
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$3,783,514
Grants made (2023)
2
Average grant
$1,891,757
Median grant
$1,891,757
Primary geography
Ohio (73% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$3.8M

-40.1% YoY

Grant Count

2

-75.0% YoY

Avg Grant Size

$1.9M

+139.8% YoY

Under IRS private-foundation payout rules, The Carol a Ammon Foundation Inc reported a distributable amount of $138K for 2023 — the minimum it must pay out in qualifying distributions.

How The Carol a Ammon Foundation Inc gives

  • Giving grew 177% from 2020 to 2023. Method
  • In 2023 it paid out well above 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

8states

Share of 2023 grant dollars across all 2 itemized grants.

Cities

AlbanyBostonNew BritainNew YorkWilmingtonHudsonNewarkBaltimorePhiladelphiaQueensRancho Mirage

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M6 grants2020 8 grants2021 8 grants2022 2 grants2023

From 2020 to 2023, annual grant giving ranged from $1.4M (2020) to $16.8M (2021). In 2023 it made 2 grants totaling $3.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

American Endowment Foundation: $2.8MAmerican Endowment Foundation$2.8MCentral Connecticut State University: $1.0MCentral Connecticut StateUniversity$1.0M

The largest 2023 recipient was American Endowment Foundation ($2.8M). Together the top 2 received $3.8M.

Grant Size Distribution

24 grants across all recorded years

2<$50K1$50–100K8$100–250K2$250–500K5$500K–1M5$1–5M1$5M+

The most common grant size was in the $100–250K range: 8 grants of 24 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Endowment Foundation Hudson, OHGeneral Purposes$2,778,697
Central Connecticut State University New Britain, CTGeneral Purposes$1,004,817

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023
Metric202320222021
Total Assets—$3,773,572$10,088,469
Revenue$30,236$163,018$6,097,174
Expenses$3,803,808$6,477,915$17,119,372
Qualifying Distributions$3,783,514$6,363,879$16,968,225
Net Investment Income$12,881$115,140$6,021,297
Distributable Amount$138,428$280,944$1,067,450

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

The Carol a Ammon Foundation Inc is led by Marie E. Pinizzotto, CEO & Executive Director on every filing since 2020; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Marie E. Pinizzotto

    CEO & Executive Director

    On filings since 2020

    5 hrs/week

    $82K (2020) → $0 (2023)

  • Carol A. Ammon

    President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ashley De Simone

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Marie E Pinizzotto — CEO / Exec. Director: $48KMarie E PinizzottoCEO / Exec. Director$48K

The highest reported compensation on the 2022 filing was $48K, to Marie E Pinizzotto (CEO / Exec. Director).

Frequently asked questions about The Carol a Ammon Foundation Inc

How much does The Carol a Ammon Foundation Inc give each year?

The Carol a Ammon Foundation Inc gave $3.8M across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $6.3M across 8 grants.

Where does The Carol a Ammon Foundation Inc operate?

The Carol a Ammon Foundation Inc has awarded grants in California, Connecticut, Delaware, Massachusetts, Maryland, New York, Ohio, Pennsylvania.

How much is The Carol a Ammon Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Carol a Ammon Foundation Inc reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Carol a Ammon Foundation Inc's EIN?

The Carol a Ammon Foundation Inc's EIN (Employer Identification Number) is 20-2029151. IRS Form 990 filing data is available on this page for 2020–2023.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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