The Caroline Foundation Inc
TO AWARD GRANTS TO NONPROFIT ORGANIZATIONS THAT BENEFIT THE LOCAL COMMUNITY.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$18.6M
+8.1% YoY
Annual Giving
$860K
+8.8% YoY
Grant Count
18
+5.9% YoY
Avg Grant Size
$48K
+2.7% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,575,423 | $17,186,805 | $15,701,192 |
| Revenue | $1,403,392 | $663,453 | $-677,130 |
| Expenses | $1,016,216 | $944,871 | $858,537 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $801,596 | $297,251 | $-678,180 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
111 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Caroline Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRY MEAD | PRESIDENT | 1 | — |
| ROBERT E JARRELL ESQ | VICE-PRESIDENT | 1 | — |
| REBECCA LOUKIDES | TREASURER | 1 | — |
| BERL LOVELACE | SECRETARY | 1 | — |
| WAYNE A COLE | DIRECTOR | 1 | — |
| CHRISSY BARTZ | DIRECTOR | 1 | — |
| TONY J GIANNINOTO | DIRECTOR | 1 | — |
| RICK HARRIS | DIRECTOR | 1 | — |
| MIKIE PHILLIPS | DIRECTOR | 1 | — |
| GLEN PLUTSCHAK | DIRECTOR | 1 | — |
| MAGGIE TARRANT | DIRECTOR | 1 | — |
| MICHELE WAYMAN | DIRECTOR | 1 | — |
| RICHARD WHEATLEY | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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