Private foundation (trust)EIN 260053395Est. 2002-04

CAROL FOUNDATION

Gallatin, TN 37066

Total Assets

$2.2M

FY 2024

Annual Giving

$56K

FY 2024

Grants Made

8

FY 2024

Avg Grant

$7K

FY 2024

Grant Range

$4K–$10K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$200K

Total Expenses

$130K

Qualifying Distributions

$94K

Distributable Amount

$102K

Min. Investment Return

$104K

Undistributed Income

$99K

Payout rate 92%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.92%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $4K through median $8K to maximum $10K, 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

5 years

Giving over time from 2020 to 2024. Peak $80K in 2022. Hover bars for details.

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

Top Recipients

44 grants

Mercy Multiplied
$39K
5 grants
Hannahs Haven
$35K
4 grants
Got Questions Ministries
$30K
4 grants
Childrens Bible Ministries
$25K
3 grants
Cumberland Chrises Pregnancy
$20K
2 grants
Child Evangelism Fellowship
$20K
2 grants
Cumberland Crisis Pregnancy Center
$20K
2 grants
Gospel Echoes
$16K
2 grants

Grant Size Distribution

44 grants

<$10K
44
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Tennessee
$164K
53% of total
North Carolina
$45K
14% of total
Pennsylvania
$38K
12% of total
Colorado
$30K
10% of total
Indiana
$22K
7% of total
Texas
$5K
2% of total
Wyoming
$5K
2% of total
New Mexico
$3K
1% of total

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CAROL FOUNDATION — Grants, Financials & Contact | Grantivo