The Caroline Foundation Inc
The Caroline Foundation is a 501(c)(3) public charity foundation located in Denton, Maryland. Established in 2015 following the sale of the Caroline Nursing Home and The Gables (originally incorporated in 1967), the foundation was created with $14 million in proceeds to provide sustainable grantmaking to benefit health-related needs in Caroline County. The foundation operates with no physical office and no paid staff, relying on a volunteer board of directors that partners with the Mid-Shore Community Foundation for administrative services.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$18.6M
+8.1% YoY
Annual Giving
$860K
+8.8% YoY
Grant Count
18
+5.9% YoY
Avg Grant Size
$48K
+2.7% YoY
Mission & Focus Areas
The foundation's mission is to award grants to nonprofit organizations that provide medical and/or health-related services to residents of Caroline County.
The foundation does not fund capital projects.
Grantmaking
How to Apply
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Geographic Focus
Where this funder awards grants
Caroline County, Maryland
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2025:
- Total Assets: $18,575,423
- Total Revenues: $1,403,392
- Total Expenses: $1,016,216
- Total Grants, Contributions, etc.: $601,796
- Investment Income and Dividends: $446,913
As of Fiscal Year Ending June 2024:
- Total Grants, Contributions, etc.: $366,202
- Investment Income and Dividends: $373,122
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,575,423 | $17,186,805 | $15,701,192 |
| Revenue | $1,403,392 | $663,453 | $-677,130 |
| Expenses | $1,016,216 | $944,871 | $858,537 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $801,596 | $297,251 | $-678,180 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include St Martin's Ministries ($120,000), His Hope Ministries ($115,000), Compass Regional Hospice ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| COMPASS REGIONAL HOSPICE CENTREVILLE, MD | HOSPICE CARE, SUPPORTIVE CARE AND GRIEF SUPPORT | $100,000 |
| HIS HOPE MINISTRIES GOLDSBORO, MD | HOMELESS SHELTER PROGRAM | $115,000 |
| UNION BETHEL AME CHURCH DENTON, MD | ANGELS IN SERVICE | $7,500 |
| COMMUNITY CIVIC LEAGUE OF FEDERALSBURG FEDERALSBURG, MD | COMMUNITY PANTRY | $45,150 |
| ST MARTIN'S MINISTRIES RIDGLEY, MD | FOOD PANTRY ENHANCED STAFFING | $120,000 |
| CHANNEL MARKER EASTON, MD | MEDICATION ADHERENCE TECHNOLOGY SERVICES | $30,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Terry Mead – Board President
The foundation is governed by a 13-member volunteer board of directors composed of Caroline County residents.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRY MEAD | PRESIDENT | 1 | — |
| ROBERT E JARRELL ESQ | VICE-PRESIDENT | 1 | — |
| REBECCA LOUKIDES | TREASURER | 1 | — |
| BERL LOVELACE | SECRETARY | 1 | — |
| WAYNE A COLE | DIRECTOR | 1 | — |
| CHRISSY BARTZ | DIRECTOR | 1 | — |
| TONY J GIANNINOTO | DIRECTOR | 1 | — |
| RICK HARRIS | DIRECTOR | 1 | — |
| MIKIE PHILLIPS | DIRECTOR | 1 | — |
| GLEN PLUTSCHAK | DIRECTOR | 1 | — |
| MAGGIE TARRANT | DIRECTOR | 1 | — |
| MICHELE WAYMAN | DIRECTOR | 1 | — |
| RICHARD WHEATLEY | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The Caroline Foundation celebrated its 10th year of community grantmaking by awarding $1 million to 26 nonprofit organizations during the annual Caroline Foundation Awards Breakfast held in November 2024. This cycle was noted as the most competitive in the foundation's history.
The Caroline Foundation, Inc.Over the past nine years, the foundation has distributed $5.8 million in the form of 168 grants to 40 local nonprofits providing health-related services to county residents.
Caroline Foundation Awards $1 Million in Grants to 26 Caroline County NonprofitsRecent grant recipients have included organizations addressing food insecurity, homelessness, hospice care, mental health services, dental health, aging services, and emergency assistance for residents in need.
Caroline Foundation Grant Recipient Spotlight: Upper Shore Aging - CarolineFrequently Asked Questions
What does The Caroline Foundation Inc fund?
The foundation's mission is to award grants to nonprofit organizations that provide medical and/or health-related services to residents of Caroline County. The foundation does not fund capital projects.
How do I apply for a grant from The Caroline Foundation Inc?
**Grant Activity:** • As of the most recent reporting period, the foundation has awarded 194 grants totaling approximately $6.8 million • In the 2024-2025 cycle, the foundation received 33 grant requests totaling $1,658,627 and funded 26 of them • In 2024, the foundation received applications requesting $1,036,000 and had $860,000 to award **Recent Grant Examples (2025):** • Martins House and Barn: $120,000 (Food Pantry Enhanced Staffing) • His Hope Ministries: $115,000 (Homeless Shelter Progra…
Where does The Caroline Foundation Inc make grants?
Caroline County, Maryland
What size grants does The Caroline Foundation Inc award?
In 2025, The Caroline Foundation Inc awarded 18 grants totaling $860K — an average of about $48K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in The Caroline Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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