Funder DirectoryTHE CARMEL HILL FUND
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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

$9.6M

The 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 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

41 grants

Grant sizes from minimum $10K through median $100K to maximum $2.2M, 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

6 years

Giving over time from 2018 to 2024. Peak $11.7M in 2018. Hover bars for details.

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

Top Recipients

178 grants

SAVE THE CHILDREN
$10M
4 grants
COLUMBIA UNIVERSITY
$5.2M
2 grants
FIDELITY CHARITABLE GIFT FUND - THE CARMEL HILL GIFT FUND
$5M
1 grant
VERMONT COMMUNITY FOUNDATION
$4.4M
3 grants
LITERACY INC NYC
$4.3M
2 grants
RSF SOCIAL FINANCE
$4.1M
2 grants
DENVER PUBLIC SCHOOLS
$2.2M
3 grants
BRAIN & BEHAVIOR RESEARCH FOUNDATION
$2.2M
4 grants

Grant Size Distribution

178 grants

<$10K
56
grants
$10–50K
39
grants
$50–250K
37
grants
$250K–1M
32
grants
$1–5M
14
grants
$5M+

Geographic Focus

12 states

New York
$24.1M
41% of total
Connecticut
$11.4M
19% of total
California
$6.4M
11% of total
Ohio
$5M
9% of total
Vermont
$4.1M
7% of total
Virginia
$3.0M
5% of total
Colorado
$2.4M
4% of total
Louisiana
$1.7M
3% of total
Massachusetts
$425K
1% of total
District of Columbia
$101K
0% of total

+2 more states

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THE CARMEL HILL FUND — Grants, Financials & Contact | Grantivo