The Caroline Foundation Inc
The Caroline Foundation Inc is a public charity based in Denton, Maryland. It awards grants to nonprofit organizations that benefit the local community, including organizations providing health-related services to Caroline County residents.
The Caroline Foundation Inc at a glance
In short: The Caroline Foundation Inc gave $860K across 18 grants in 2025 (avg $48K), mostly in Maryland. 17% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $860,000
- +8.8% vs 2024
- Grants made (2025)
- 18
- +5.9% vs 2024
- Average grant
- $47,778
- +2.7% vs 2024
- Median grant
- $40,075
- Total assets
- $18,575,423
- +8.1% vs 2024
- New grantees (estimate)
- 17% first-time grantees (3 of 18, 2025; small sample)
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Caroline Foundation Inc
- Contact
Mailing address: PO Box 607, Denton, MD 21629
Phone: (410) 310-2030
Website: https://carolinereview.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Caroline Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was St Martin's Ministries ($120K). Together the top 10 received $715K.
Grant Size Distribution
93 grants across all recorded years
The most common grant size was under $50K: 63 grants of 93 (68%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Maryland. The foundation describes its purpose as benefiting the local community; its reported grantmaking includes organizations serving Caroline County residents.
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
Cities
Is The Caroline Foundation Inc open to new grantees?
17%
first-time grantees, 2025
In 2025, 3 of 18 grantees (17%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $14K; repeat grants $54K. How we count
Medians: $10K first-time, $50K repeat.
- 78% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+12%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $569K (2021) to $860K (2025). In 2025 it made 18 grants totaling $860K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Martin's Ministries Ridgley, MD | Food Pantry Enhanced Staffing | $120,000 |
| His Hope Ministries Goldsboro, MD | Homeless Shelter Program | $115,000 |
| Compass Regional Hospice Centreville, MD | Hospice Care, Supportive Care and Grief Support | $100,000 |
| Aaron's Place Preston, MD | Food Insecurites and Health Disparities | $70,000 |
| Caroline County Public Schools Denton, MD | Back Packs | $60,000 |
| Choptank Community Health System Denton, MD | Enhancing Dental Technologies | $60,000 |
| YMCA of the Chesapeake Denton, MD | Access for All in Caroline County | $60,000 |
| For All Seasons Easton, MD | Open Access | $50,000 |
| Community Civic League of Federalsburg Federalsburg, MD | Community Pantry | $45,150 |
| Friends of the Grape DBA Chesapeake Culinary Center Denton, MD | Hunger Coordinators | $35,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $18,575,423 | $1,403,392 | $1,016,216 | $860,000 | 18 | $801,596 |
| 2024 | $17,186,805 | $663,453 | $944,871 | $790,500 | 17 | $297,251 |
| 2023 | $15,701,192 | $-677,130 | $858,537 | $694,500 | 24 | $-678,180 |
| 2022 | $15,092,399 | $256,844 | $925,966 | $765,437 | 15 | $247,230 |
| 2021 | $18,224,501 | $2,862,530 | $752,670 | $568,500 | 19 | $2,856,830 |
| 2020 | $15,335,478 | $980,827 | $920,598 | $746,500 | 18 | $752,859 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is “to award grants to nonprofit organizations that benefit the local community.” Its grants support a range of community services. For example, His Hope Ministries describes its mission as helping families fight homelessness and find living hope; Compass Regional Hospice says it provides care and support to people facing a life-limiting diagnosis or loss; and Choptank Community Health System describes its work as delivering health care to medically underserved communities.
Grantmaking
In filing year 2025, the foundation reported 18 grants totaling $860,000. Grants ranged from $7,500 to $120,000, with a median of $40,075. The largest awards included $120,000 to St Martin’s Ministries for enhanced food pantry staffing, $115,000 to His Hope Ministries for its homeless shelter program, and $100,000 to Compass Regional Hospice for hospice, supportive care, and grief support. Other awards included $70,000 to Aaron’s Place for food insecurity and health disparities, $60,000 to Caroline County Public Schools for backpacks, and $50,000 to For All Seasons for open access.
The foundation’s management requests periodic reports and status updates on grant awards throughout the year.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Terry Mead as president; Robert E. Jarrell, Esq., as vice-president; Rebecca Loukides as treasurer; and Berl Lovelace as secretary. Directors listed include Wayne A. Cole, Chrissy Bartz, Tony J. Gianninoto, Rick Harris, Mikie Phillips, and Glen Plutschak.
The Caroline Foundation Inc is led by Terry Mead, President on every filing since 2020; none of the 13 officers listed in 2025 report compensation.
Officers on the 2025 filing
Terry Mead
President
On filings since 2020
1 hr/week
No compensation reported
Glen Plutschak
Director
On filings since 2020
1 hr/week
No compensation reported
Maggie Tarrant
Director
On filings since 2020
1 hr/week
No compensation reported
Michele Wayman
Director
On filings since 2020
1 hr/week
No compensation reported
Mikie Phillips
Director
On filings since 2020
1 hr/week
No compensation reported
Richard Wheatley
Director
On filings since 2020
1 hr/week
No compensation reported
Rick Harris
Director
On filings since 2020
1 hr/week
No compensation reported
Tony J. Gianninoto
Director
On filings since 2020
1 hr/week
No compensation reported
Wayne A. Cole
Director
On filings since 2020
1 hr/week
No compensation reported
Chrissy Bartz
Director
On filings since 2023
1 hr/week
No compensation reported
Berl Lovelace
Secretary
On filings since 2020
1 hr/week
No compensation reported
Rebecca Loukides
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Robert E. Jarrell Esq.
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Charles O. Davis Jr. (2020–2022) — Director
- Former: Jerry Garey (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Caroline Foundation Inc
How much does The Caroline Foundation Inc give each year?
The Caroline Foundation Inc gave $860K across 18 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $791K across 17 grants.
What is The Caroline Foundation Inc's typical grant size?
The Caroline Foundation Inc's median grant in 2025 was $40,075, and its average grant was $47,778, across 18 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The Caroline Foundation Inc that year got $14K on average.
Where does The Caroline Foundation Inc give grants?
The Caroline Foundation Inc gives mostly in Maryland: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Denton, MD (8 grants) and Easton, MD (3 grants).
Does The Caroline Foundation Inc give general operating support?
Not in 2025: none of the 18 grants with a stated purpose on The Caroline Foundation Inc's 2025 IRS Form 990 were described as general or operating support.
Who are The Caroline Foundation Inc's largest grantees?
The Caroline Foundation Inc's largest 2025 grantees include St Martin's Ministries ($120,000), His Hope Ministries ($115,000) and Compass Regional Hospice ($100,000), according to its 2025 IRS Form 990. Together they received 39% of its itemized 2025 grant dollars.
How large is The Caroline Foundation Inc?
The Caroline Foundation Inc reported $18.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.4M.
What does The Caroline Foundation Inc fund?
The foundation’s stated mission is “to award grants to nonprofit organizations that benefit the local community.” Its grants support a range of community services. See mission & focus areas ↑
How do I apply for a grant from The Caroline Foundation Inc?
The Caroline Foundation Inc has no public application process in the sources Grantable reviewed. Check carolinereview.com for current guidelines, or contact the foundation directly before submitting a request.
What is The Caroline Foundation Inc's EIN?
The Caroline Foundation Inc's EIN (Employer Identification Number) is 52-0906348. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS January 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 1, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 22, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 11, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 15, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 22, 2025)
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). The Caroline Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-caroline-foundation-inc-morg_5e3ba47f183b480085e8fd81717392b7
BibTeX
@misc{grantable_520906348_2026,
author = {{Grantable}},
title = {{The Caroline Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-caroline-foundation-inc-morg_5e3ba47f183b480085e8fd81717392b7},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Caroline Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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