Funder DirectoryCARINA INITIATIVES INC
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Private foundation (trust)EIN 850909048Est. 2020-10

CARINA INITIATIVES INC

TORRANCE, CA 90502

Total Assets

$31.1M

FY 2023

Annual Giving

$9.1M

FY 2023

Grants Made

32

FY 2023

Avg Grant

$285K

FY 2023

Grant Range

$5K–$1.3M

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$19.1M

Total Expenses

$12.7M

Qualifying Distributions

$13.2M

Distributable Amount

$1.8M

Min. Investment Return

$1.2M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

32 grants

Grant sizes from minimum $5K through median $115K to maximum $1.3M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $9.1M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

117 grants

THE ART OF PROBLEM SOLVING INITIATIVE INC DBA BEAM
$3.5M
3 grants
9 DOTS COMMUNITY LEARNING CENTER
$3.4M
4 grants
AOPS INCORPORATED
$3.2M
5 grants
THE ART OF PROBLEM SOLVING INITIATIVE INC
$2.3M
2 grants
BRILLIANT WORLDWIDE INC
$1.9M
5 grants
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
$1.9M
3 grants
REGENTS OF THE UNIVERSITY OF MINNESOTA
$1.6M
5 grants
GLOBAL TALENT NETWORK FOUNDATION
$1.5M
2 grants

Grant Size Distribution

117 grants

<$10K
12
grants
$10–50K
44
grants
$50–250K
22
grants
$250K–1M
35
grants
$1–5M
4
grants
$5M+

Geographic Focus

17 states

California
$14.2M
46% of total
New York
$6.2M
20% of total
Illinois
$2.4M
8% of total
Maryland
$2M
7% of total
Minnesota
$1.6M
5% of total
North Carolina
$1.3M
4% of total
Massachusetts
$1.2M
4% of total
District of Columbia
$1.2M
4% of total
Virginia
$200K
1% of total
Colorado
$100K
0% of total

+7 more states

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CARINA INITIATIVES INC — Grants, Financials & Contact | Grantivo