The Carruth Foundation Inc
The Carruth Foundation Inc is a private family foundation established in 1994 and based in Houston, Texas. The foundation operates with limited staffing and focuses on philanthropic grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.0M
-2.6% YoY
Annual Giving
$690K
+12.6% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$57K
+12.6% YoY
Under IRS private-foundation payout rules, The Carruth Foundation Inc reported a distributable amount of $692K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds.
Grant Range
$30,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, Pennsylvania, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $11,965,690 (as of January 2024)
- Total Annual Giving: $689,500–$690,000
- Total Revenues: $548,193 (FYE January 2024)
- Total Expenses: $806,119 (FYE January 2024)
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,965,690 | $12,285,420 | $12,607,562 |
| Revenue | $548,193 | $509,100 | $1,733,264 |
| Expenses | $806,119 | $733,533 | $667,565 |
| Qualifying Distributions | $689,500 | $612,500 | $557,500 |
| Net Investment Income | $431,574 | $388,067 | $1,617,688 |
| Distributable Amount | $692,177 | $699,269 | $721,638 |
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 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Houston Spca ($252,000), Northland Christian School ($100,000), The Parish Children's School ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMP FOR ALL HOUSTON, TX | GENERAL SUPPORT | $10,000 |
| HOUSTON MUSEUM OF NATURAL SCIENCE HOUSTON, TX | GENERAL SUPPORT | $50,000 |
| HOUSTON SPCA HOUSTON, TX | GENERAL SUPPORT | $252,000 |
| NORTHLAND CHRISTIAN SCHOOL HOUSTON, TX | GENERAL SUPPORT | $100,000 |
| SARATOGA SPRINGS PRESERVATION FDN SARATOGA SPRINGS, NY | GENERAL SUPPORT | $35,000 |
| SLIPPERY ROCK UNIVERSITY FOUNDATION SLIPPERY ROCK, PA | GENERAL SUPPORT | $10,000 |
| THE PARISH CHILDREN'S SCHOOL HOUSTON, TX | GENERAL SUPPORT | $100,000 |
| THEATRE UNDER THE STARS HOUSTON, TX | GENERAL SUPPORT | $37,500 |
| THE BEACON HOUSTON, TX | GENERAL SUPPORT | $25,000 |
| STORM HARBOR EQUESTRIAN CENTER SLIPPERY ROCK, PA | GENERAL SUPPORT | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Brady F. Carruth — President
- Alan Schubert — Trustee
- Gentry Lee — Trustee
All board members serve without compensation and on a part-time basis.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRADY F CARRUTH | PRESIDENT | — | — |
| ALAN SCHUBERT | TRUSTEE | — | — |
| GENTRY LEE | TRUSTEE | — | — |
Contact Information
Address: 2727 Allen Parkway, Suite 1570, Houston, TX 77019-2167
Telephone: 713-526-3012
EIN: 76-0439576
Frequently Asked Questions
How do I apply for a grant from The Carruth Foundation Inc?
The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds. **Grant Activity:** • Annual giving: approximately $689,500–$690,000 • Number of grants: 12 grants annually • Median grant size: $30,000 • Grant range: $10,000–$252,000 • Giving rate: 5.8% of assets **Recent Grantees (2024):** • Houston SPCA ($252,000) • The Parish Children's School ($100,000) • Houston Museum of Natural Science ($50,000)
Where does The Carruth Foundation Inc make grants?
The foundation primarily funds organizations in Texas, Pennsylvania, and New York.
What size grants does The Carruth Foundation Inc award?
In 2024, The Carruth Foundation Inc awarded 12 grants totaling $690K — an average of about $57K per grant, based on its IRS Form 990 filings.
How much is The Carruth Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carruth Foundation Inc reported a distributable amount of $692K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Carruth Foundation Inc's EIN?
The Carruth Foundation Inc's EIN (Employer Identification Number) is 76-0439576. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Carruth 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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