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CARINA INITIATIVES INC

Torrance, CA Tax ID: 85-0909048 www.carina.fund

Carina Initiatives Inc, based in Torrance, CA, is a well-funded non-profit supporting projects across multiple U.S. cities and states, with a leadership team led by President Josh Taylor and Treasurer Melissa Vitek.

About CARINA INITIATIVES INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Carina Initiatives Inc is a non-profit organization based in Torrance, California, with a focus on funding initiatives across various cities and states in the United States. The organization has significant financial resources, with assets totaling over $25 million, and it operates with an annual revenue of approximately $20 million against expenses of about $10.5 million. Carina Initiatives funds projects in numerous cities including major hubs like New York, Los Angeles, and San Francisco, and across states such as California, New York, and Massachusetts. The leadership team includes President Josh Taylor, Secretary Jennifer Reynoso, and Treasurer Melissa Vitek, with Vitek being the only compensated member of the team. The organization is involved in a wide range of activities, although specific subject areas of focus are not detailed.

Focus Areas

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Geographic Focus

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Key Statistics
Total Assets $25.1M
Total Awarded This Year $7.6M
Average Grant Size $1K
Total Grants (Previous Year) 6,967
Open to New Applicants
% New Applicants Funded
Contact Information
Torrance, CA
Geographic Funding Distribution

Financials

Total Assets
$25.1M

+2.6% from previous year

Annual Grants
$7.6M

27 grants awarded in 2024

Expense Ratio
51.7%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$1,477,790THE ART OF PROBLEM SOLVING INITIATIVE INC DBA BEAMENTITY SUPPORTNew york, NY, US2023
$1,250,000THE ART OF PROBLEM SOLVING INITIATIVE INCENTITY SUPPORTNew york, NY, US2024
$930,000THE UNIVERSITY OF CHICAGOUNIVERSITY RESEARCHChicago, IL, US2024
$850,0009 DOTS COMMUNITY LEARNING CENTERENTITY SUPPORTTorrance, CA, US2023
$850,0009 DOTS COMMUNITY LEARNING CENTERENTITY SUPPORTTorrance, CA, US2024
$750,000GLOBAL TALENT NETWORK FOUNDATIONENTITY SUPPORTBaltimore, MD, US2024
$712,350AOPS INCORPORATEDENTITY SUPPORTSan diego, CA, US2023
$580,000THE GLOBAL DEVELOPMENT INCUBATOR INCFISCAL SPONSORSHIPWashington, DC, US2024
$576,000UNIVERSITY OF CHICAGO (BIPLAB MATH APPS RESEARCH)UNIVERSITY RESEARCHChicago, IL, US2023
$530,280THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITYUNIVERSITY PROGRAMStanford, CA, US2023

People

Leadership & Staff

Compensation data from most recent available 990 forms

JT

JOSH TAYLOR

PRESIDENT

$0 2024
JR

JENNIFER REYNOSO

SECRETARY

$0 2024
MV

MELISSA VITEK

TREASURER

$220,731 2024
FT

FRED TAYLOR

DIRECTOR

$0 2024
JT

JOHN TAYLOR

DIRECTOR

$0 2024
Showing 5 of 6 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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