Private foundation (trust)EIN 136881103Est. 1987-03
THE CARMEL HILL FUND
NEW YORK, NY 100224200
Total Assets
$522.7M
FY 2024
Annual Giving
$10.1M
FY 2024
Grants Made
41
FY 2024
Avg Grant
$247K
FY 2024
Grant Range
$10K–$2.2M
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$9.6MThe carmel hill fund education program supports independent reading efforts in 100 schools in three cities: new york, new york; denver, colorado; and monroe, lousiana, reaching over 55,000 students during the 2023-24 school year. The education program mission is to promote literacy and foster a love of reading, particularly among at-risk youth in inner cities. To this end, we partner with schools to utilize renaissance learning's accelerated reader software program to help monitor completion and comprehension of student reading progress. Education program staff visit schools and assist principals, teachers, and librarians in the successful implementation of the reading program.
Financial Snapshot
2024 filing
Total Revenue
$55.1M
Total Expenses
$22.4M
Qualifying Distributions
$22.2M
Distributable Amount
$21.9M
Min. Investment Return
$22.7M
Undistributed Income
$18.3M
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
41 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
6 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
178 grants
Grant Size Distribution
178 grants
Geographic Focus
12 states
+2 more states
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