The Carter Family Charitable Trust
The Carter Family Charitable Trust is a private foundation, based in LITTLE COMPTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43.9M in total assets. In 2024, it awarded 1 grants totaling $2.1M. Net investment income was $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$43.9M
-4.2% YoY
Annual Giving
$2.1M
-8.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.1M
-8.9% YoY
Under IRS private-foundation payout rules, The Carter Family Charitable Trust reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.
About The Carter Family Charitable Trust
Based on IRS filings
The Carter Family Charitable Trust is a private foundation, based in LITTLE COMPTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43.9M in total assets. In 2024, it awarded 1 grants totaling $2.1M. Net investment income was $1.0M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $43,897,917 | $45,813,205 | $46,177,642 |
| Revenue | $811,820 | $1,275,934 | $4,994,922 |
| Expenses | $2,727,108 | $2,906,080 | $2,978,375 |
| Qualifying Distributions | $2,326,815 | $2,479,852 | $2,429,632 |
| Net Investment Income | $1,001,692 | $869,123 | $2,455,054 |
| Distributable Amount | $2,306,033 | $2,271,555 | $2,469,852 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rhode Island Foundation ($2,141,555).
| Recipient | Purpose | Amount |
|---|---|---|
| RHODE ISLAND FOUNDATION PROVIDENCE, RI | GENERAL SUPPORT | $2,141,555 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LETITIA M CARTER | TRUSTEE | 5 | — |
| RICHARD G SMALL | TRUSTEE | 12 | $110,000 |
| JOHN S CARTER III | TRUSTEE | 12 | $100,000 |
Frequently Asked Questions
How large is The Carter Family Charitable Trust?
As of 2024, The Carter Family Charitable Trust holds $43.9M in total assets with $812K in annual revenue. It awarded 1 grants totaling $2.1M in 2024.
Where does The Carter Family Charitable Trust operate?
The Carter Family Charitable Trust has awarded grants in Rhode Island.
What size grants does The Carter Family Charitable Trust award?
In 2024, The Carter Family Charitable Trust awarded 1 grants totaling $2.1M — an average of about $2.1M per grant, based on its IRS Form 990 filings.
How much is The Carter Family Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carter Family Charitable Trust reported a distributable amount of $2.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Carter Family Charitable Trust's EIN?
The Carter Family Charitable Trust's EIN (Employer Identification Number) is 05-6093256. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Carter Family Charitable Trust'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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