The P and C Carroll Foundation
The P and C Carroll Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grant totaling $251K. Net investment income was $147K.
The P and C Carroll Foundation at a glance
In short: The P and C Carroll Foundation gave $251K across 1 grant in 2025 (avg $251K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $251,000
- -5.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $251,000
- -5.1% vs 2024
- Median grant
- $251,000
- Total assets
- $2,048,884
- -4.9% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The P and C Carroll Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Various PDF Attached ($251K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The P and C Carroll Foundation gives
- Giving fell 57% from 2022 to 2025. Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $245K (2023) to $682K (2021). In 2025 it made 1 grant totaling $251K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various PDF Attached Houston, TX | Charity | $251,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,048,884 | $190,556 | $295,020 | $251,000 | 1 | $251,000 | $146,536 | $224,733 |
| 2024 | $2,153,348 | $353,839 | $310,339 | $264,500 | 1 | $264,500 | $307,600 | $203,610 |
| 2023 | $2,107,630 | $86,299 | $282,756 | $244,500 | 1 | $244,500 | $48,043 | $172,641 |
| 2022 | $2,316,336 | $480,571 | $626,787 | $584,500 | 1 | $584,500 | $438,284 | $193,338 |
| 2021 | $2,469,376 | $705,077 | $735,382 | $681,895 | 1 | $681,895 | $651,590 | $234,494 |
| 2020 | $2,505,625 | $360,148 | $549,987 | $511,250 | 1 | — | $321,411 | $223,251 |
Under IRS private-foundation payout rules, The P and C Carroll Foundation reported a distributable amount of $225K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The P and C Carroll Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Charlene P. Carroll
Secr As Needed
Secretary As Needed → Secr As Needed, 2023
On filings since 2020
No compensation reported
Kenneth A. Carroll
Secr As Needed
Secretary As Needed → Secr As Needed, 2023
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The P and C Carroll Foundation
How much does The P and C Carroll Foundation give each year?
The P and C Carroll Foundation gave $251K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $265K across 1 grant.
How large is The P and C Carroll Foundation?
The P and C Carroll Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $251K in qualifying distributions that year, against a required minimum of $225K (roughly 5% of its investment assets).
Where does The P and C Carroll Foundation operate?
The P and C Carroll Foundation has awarded grants in Texas.
What is The P and C Carroll Foundation's EIN?
The P and C Carroll Foundation's EIN (Employer Identification Number) is 45-0529796. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 23, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 1, 2026)
- IRS filings on file for fiscal years 2020–2025
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