The Paul and Rose Carter Foundation
The Paul and Rose Carter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PAEONIAN SPRINGS, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 9 grants totaling $206K. Net investment income was $68K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
-18.5% YoY
Annual Giving
$206K
-10.7% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$23K
-0.7% YoY
Under IRS private-foundation payout rules, The Paul and Rose Carter Foundation reported a distributable amount of $190K for 2024 — the minimum it must pay out in qualifying distributions.
About The Paul and Rose Carter Foundation
Based on IRS filings
The Paul and Rose Carter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PAEONIAN SPRINGS, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 9 grants totaling $206K. Net investment income was $68K.
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 | $3,624,023 | $4,448,315 | $4,234,921 |
| Revenue | $80,622 | $47,787 | $-35,724 |
| Expenses | $225,484 | $247,066 | $361,019 |
| Qualifying Distributions | $209,409 | $233,892 | $324,900 |
| Net Investment Income | $67,590 | $35,554 | $22,093 |
| Distributable Amount | $189,971 | $212,197 | $230,185 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Gallery of Art ($50,000), Holy Trinity Brompton ($35,500), Kondanani Malawi Orphanage ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CALVERY CHAPEL MIAMI BEACH MIAMI BEACH, FL | GENERAL SUPPORT | $30,000 |
| ELKINS CHAPEL NEW LONDON, NH | PASTOR'S FUND | $5,000 |
| FRIENDS OF THE WASHINGTON STATUE MCLEAN, VA | GENERAL SUPPORT | $10,000 |
| HOLY TRINITY BROMPTON | CHARITABLE PURPOSES FOR BENEFIT OF HOLY TRINITY BROMPTON | $35,500 |
| INOVA HEALTH FOUNDATION FALLS CHURCH, VA | GENERAL SUPPORT | $25,000 |
| KONDANANI MALAWI ORPHANAGE | BENEFIT OF ORPHANED CHILDREN IN 2024 | $35,000 |
| NAFUM LITTLETON, MA | GENERAL SUPPORT | $10,000 |
| NATIONAL GALLERY OF ART LANDOVER, MD | GENERAL SUPPORT | $50,000 |
| WILMOT BAPTIST CHURCH WILMOT FLAT, NH | PASTOR'S FUND | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROSEMARY CARTER | PRESIDENT | 3 | — |
| PAUL CARTER | SECRETARY AND TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Paul and Rose Carter Foundation?
The Paul and Rose Carter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PAEONIAN SPRINGS, VA. It holds $3.6M in total assets as of 2024.
How large is The Paul and Rose Carter Foundation?
As of 2024, The Paul and Rose Carter Foundation holds $3.6M in total assets with $81K in annual revenue. It awarded 9 grants totaling $206K in 2024.
Where does The Paul and Rose Carter Foundation operate?
The Paul and Rose Carter Foundation has awarded grants in District of Columbia, Florida, Massachusetts, Maryland, New Hampshire, New York, Virginia.
What size grants does The Paul and Rose Carter Foundation award?
In 2024, The Paul and Rose Carter Foundation awarded 9 grants totaling $206K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is The Paul and Rose Carter Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Paul and Rose Carter Foundation reported a distributable amount of $190K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Paul and Rose Carter Foundation's EIN?
The Paul and Rose Carter Foundation's EIN (Employer Identification Number) is 26-3885616. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Paul and Rose Carter 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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