The Herman & Kate Caro Foundation is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $818K in total assets. In 2024, it awarded 18 grants totaling $144K. Net investment income was $20K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$818K
-13.0% YoY
Annual Giving
$144K
+98.6% YoY
Grant Count
18
+20.0% YoY
Avg Grant Size
$8K
+65.5% YoY
Under IRS private-foundation payout rules, The Herman & Kate Caro Foundation reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.
About The Herman & Kate Caro Foundation
Based on IRS filings
The Herman & Kate Caro Foundation is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $818K in total assets. In 2024, it awarded 18 grants totaling $144K. Net investment income was $20K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $817,593 | $940,066 | $1,006,284 |
| Revenue | $35,435 | $20,073 | $-14,110 |
| Expenses | $157,908 | $86,291 | $89,394 |
| Qualifying Distributions | $144,000 | $72,500 | $75,500 |
| Net Investment Income | $19,988 | $2,050 | — |
| Distributable Amount | $57,603 | $55,411 | $58,316 |
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
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Eilat Charities ($36,000), American Friends of Magen David Adom ($15,000), Friends of the Israel Defense Forces ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $2,500 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $15,000 |
| AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $5,000 |
| AMIT WOMEN NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $10,000 |
| CONGREGATION KNESETH ISRAEL FAR ROCKAWAY, NY | FOR GENERAL CHARITABLE PURPOSESFOR GENERAL CHARITABLE PURPOSES | $3,000 |
| EILAT CHARITIES NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $36,000 |
| FRIENDS OF THE ISRAEL DEFENSE FORCES NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $15,000 |
| FRIENDS OF UNITED HATZALAH NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $10,000 |
| FRIENDS OF YAD SARAH NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $15,000 |
| HATZALAH OF THE ROCKAWAYS AND NASSAU COUNTY FAR ROCKAWAY, NY | FOR GENERAL CHARITABLE PURPOSES | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONATHAN HERLANDS | TRUSTEE | 0.01 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Herman & Kate Caro Foundation?
The Herman & Kate Caro Foundation is a private foundation focused on Education, based in NEW YORK, NY. It holds $818K in total assets as of 2024.
How large is The Herman & Kate Caro Foundation?
As of 2024, The Herman & Kate Caro Foundation holds $818K in total assets with $35K in annual revenue. It awarded 18 grants totaling $144K in 2024.
Where does The Herman & Kate Caro Foundation operate?
The Herman & Kate Caro Foundation has awarded grants in Maryland, New York.
What size grants does The Herman & Kate Caro Foundation award?
In 2024, The Herman & Kate Caro Foundation awarded 18 grants totaling $144K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Herman & Kate Caro Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herman & Kate Caro Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Herman & Kate Caro Foundation's EIN?
The Herman & Kate Caro Foundation's EIN (Employer Identification Number) is 11-6077126. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Herman & Kate Caro Foundation'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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