The Carver Family Future Generation

ORANGE, CA EIN: 27-4293706

The Carver Family Future Generation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 8 grants totaling $90K. Net investment income was $114K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.7M

+80.6% YoY

Annual Giving

$90K

+13.8% YoY

Grant Count

8

-11.1% YoY

Avg Grant Size

$11K

+28.0% YoY

Under IRS private-foundation payout rules, The Carver Family Future Generation reported a distributable amount of $212K for 2024 — the minimum it must pay out in qualifying distributions.

About The Carver Family Future Generation

Based on IRS filings

The Carver Family Future Generation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 8 grants totaling $90K. Net investment income was $114K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AnaheimAspenBuena ParkCinnaminsonCosta MesaDriggsFullertonGarden GroveIrvineJacksonMariettaMiami BeachMidway CityMoses LakeNewport BeachOrangePhoenixPiscatawayPlacentiaRiverside

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$931K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$7,685,178$4,254,248$2,751,514
Revenue$3,384,589$1,449,534$1,508,155
Expenses$119,213$102,019$402,284
Qualifying Distributions$90,000$79,100$384,355
Net Investment Income$114,464$32,931$13,196
Distributable Amount$211,944$55,788$100,829

Giving Over Time

Total grant dollars and number of grants per year

$0$142K$283K$425K$567K13 grants20206 grants202114 grants20229 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

POWER OF GOODNESS FOUNDA…$25KCASA TERESA$15KJACKSON HOLE THERAPEUTIC…$15KANDREW SALCEDO$10KBLAKE BESTARD$10KFRIENDS OF DRIGGS REID M…$5KFORMERFEDSGROUP FREEDOM …$5KVANGUARD WOMENS SOCCER$5K

Grant Size Distribution

50 grants across all recorded years

45<$50K2$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Power of Goodness Foundation ($25,000), Casa Teresa ($15,000), Jackson Hole Therapeutic Riding ($15,000).

RecipientPurposeAmount
CASA TERESA ORANGE, CASUPPORT FOR LOCAL CHURCH - HOME WITH A HEART GOLF TOURNAMENT & GALA$15,000
POWER OF GOODNESS FOUNDATION MIAMI BEACH, FLSUPPORT FOR FAMILIES OF UKRAINE$25,000
ANDREW SALCEDO RIVERSIDE, CAHARDSHIP GRANT TO PAY FOR MEDICAL BILLS AND LOST WORK DUE TO A MAJOR INJURY.$10,000
JACKSON HOLE THERAPEUTIC RIDING TETON VILLAGE, WYSPONSORSHIP - STOMPING THE DIVOTS$15,000
FRIENDS OF DRIGGS REID MEMORIAL AIRPORT DRIGGS, IDDONATION TO ORGANIZATION$5,000
BLAKE BESTARD SAN DIEGO, CAHARDSHIP DONATION TO PAY CANCER TREATMENT BILLS.$10,000
FORMERFEDSGROUP FREEDOM FOUNDATION CINNAMINSON, NJDONATION FOR ELECTION INTEGRITY LAW SUIT$5,000
VANGUARD WOMENS SOCCER COSTA MESA, CADONATION FOR GIVING DAY PROGRAM$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL CARVERPRESIDENT1
BRENDA CARVERSECRETARY & TREASURER1
KASONDRA CARVER GONZALEZDIRECTOR0.1
AUSTIN CARVERDIRECTOR0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Carver Family Future Generation?

The Carver Family Future Generation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. It holds $7.7M in total assets as of 2024.

How large is The Carver Family Future Generation?

As of 2024, The Carver Family Future Generation holds $7.7M in total assets with $3.4M in annual revenue. It awarded 8 grants totaling $90K in 2024.

Where does The Carver Family Future Generation operate?

The Carver Family Future Generation has awarded grants in Arizona, California, Colorado, Florida, Georgia, Idaho, New Jersey, Washington, Wyoming.

What size grants does The Carver Family Future Generation award?

In 2024, The Carver Family Future Generation awarded 8 grants totaling $90K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is The Carver Family Future Generation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carver Family Future Generation reported a distributable amount of $212K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Carver Family Future Generation's EIN?

The Carver Family Future Generation's EIN (Employer Identification Number) is 27-4293706. IRS Form 990 filing data is available on this page for 2020–2024.

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

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