Funders › New Jersey

Tina and Richard V Carolan Foundation

Mendham, NJ · EIN 22-3085237. Reported 72 grants totalling $3,972,932 to 35 recipients across tax years 2020-2023. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$50,000median grant
$3,972,932granted, 2020-2023
35recipients, as named on its returns
57%of grantees funded again the next year
$26.1Massets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Tina and Richard V Carolan Foundation did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $50,000. Half of everything it gave fell between $25,000 and $75,000; the smallest was $2,800 and the largest $200,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

$1,000 - $5,000
1 grant
$5,000 - $10,000
1 grant
$10,000 - $25,000
14 grants
$25,000 - $50,000
19 grants
$50,000 - $100,000
24 grants
$100,000 and Up
13 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by name and state as they were written on the returns, so an organization entered under two different names appears twice. Years funded is the number of separate tax years in which that name received money.

OrganizationLocationTotal receivedGrantsYears fundedLast
Team Type 1 FoundationAtlanta, GA$525,000442023
Armenian Apostolic Church of America Eastern PrelacyNew York, NY$500,000642023
Foundation for Morristown Medical CenterMorristown, NJ$500,000332023
Best BuddiesMiami, FL$375,000332023
USA Cycling FoundationColorado Springs, CO$275,000442023
Southern Ocean Medical Center FoundationWest Manahawkin, NJ$248,000222023
New Jersey Interscholastic Cycling LeagueCologne, NJ$200,000442023
Memorial Sloan Kettering Cancer CenterNew York, NY$175,000332023
Long Beach Township Pba 373Brant Beach, NJ$103,332332023
Anca Endowment FundWashington, DC$100,000212021
Bernardsville Law Enforcement FoundationBernardsville, NJ$75,000222023
University of MaimiCoral Gables, FL$63,800112023
Stafford Township Pba Local 297Manahawkin, NJ$55,000442023
Star Track Cycling IncNew York, NY$55,000332023
Naples Therapeutic Riding CenterNaples, FL$52,800322021
Armenian National Committee of AmericaWashington, DC$50,000112023
Armenian Cultural FoundationGlendale, CA$50,000112021
Long Beach Township Police DepartmentBrant Beach, NJ$50,000112021
Magic City K9 IncMiami, FL$50,000222023
Memorial Sloan KetteringNew York, NY$50,000112020
Our Lady of Perpetual Help ChurchBernardsville, NJ$50,000112021
Royal Palm AcademyNaples, FL$50,000222021
Big Brothers Big Sisters of BrowardFt Lauderdale, FL$45,000222023
Benthic Ecology and Coral Restoration Lab (university of Miami)Coral Gables, FL$35,000112021
Rescue a ReefCoral Gables, FL$35,000112022
Town of Miami LakesMiami Lakes, FL$35,000112022
Foundation Cycling Foundation IncSafety Harbor, FL$30,000222023
High Point Volunteer Fire CoHarvey Ceders, NJ$30,000112020
Nicklaus Children's Hospital FoundationMaimi, FL$25,000112023
Big Brothers Big SistersFt Lauderdale, FL$20,000112021
Kentucky Flyers CyclingLouisville, KY$20,000112023
Foundation Cycling Nyc IncNew York, NY$15,000222021
American Red CrossWashington, DC$10,000112021
Foundation Cycling New York IncNew York, NY$10,000112022
Hilton Head Cycling IncHilton Head, SC$10,000112021

18 of 35 (51%) received money in more than one year over the 4 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 57%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is about typical. This measures how often it paid the same organizations again. It says nothing about whether it would consider a new one.

What the money was for

Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 34 grants where we could match the recipient to a registered organization. The categories are the IRS's. The match, made from the name and address on the return, is ours.

Health Care
10 grants
Recreation & Sports
7 grants
International Affairs
6 grants
Philanthropy & Grantmaking
4 grants
Animal Welfare
2 grants
Crime & Legal
2 grants
Human Services
2 grants
Arts & Culture
1 grant

Giving by year

Tax yearGrantsTotalMedian grant
202015$928,000$50,000
202121$922,800$50,000
202217$1,023,500$38,500
202319$1,098,632$48,000

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Where its money goes

33% of its giving went to organizations in New Jersey. If your organization is based elsewhere, look in the recipient list for grants to your area before writing.

New Jersey
$1.3M
Florida
$817K
New York
$805K
Georgia
$525K
Colorado
$275K
District of Columbia
$160K
California
$50K
Kentucky
$20K

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Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

Donor Advised Charitable Giving Inc10 shared recipientsFidelity Investments Charitable Gift Fund10 shared recipientsNational Philanthropic Trust5 shared recipientsMorgan Stanley Global Impact Funding Trust Inc5 shared recipientsAmerican Online Giving Foundation Inc5 shared recipientsVanguard Charitable Endowment Program4 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $50,000. A request many times that size asks for something it has rarely or never given.
  2. Check you are in its geography. Its giving is concentrated in New Jersey.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Related guides

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Where these numbers come from

Everything above is taken from Tina and Richard V Carolan Foundation's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2020-2023). Grant figures are from its returns. Matching recipients to registered organizations, their IRS classifications, the retention rate and the funders that support the same organizations are our own calculations, described in how we build this.

Address of record on the latest return: 88 East Main Street 507, Mendham, NJ, 07945. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 22-3085237 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded.

Is something here wrong about your foundation? Email [email protected] and we will correct it.