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Virginia · Private foundation

The James and Margaret Carreras Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$201k
Granted FY2025(still arriving)
14
Grants FY2025
15
Organizations funded FY2024
47%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$10,000
Largest grant, FY2025
$100,000
Organizations funded a year
2 to 15
FY2018 to FY2024
States reached, FY2025
1
Total assets, FY2025
$343k
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 47% of the organizations The James and Margaret Carreras Foundation funded were first-time grantees, receiving 69% of its grant dollars.

New vs renewed · share of each year

In FY2024, 31% of grant dollars renewed an existing relationship; $132k went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23’24
HealthHuman ServicesEducationCrime & LegalArts & CultureInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving14$201k43%
FY202415$191k47%
FY202313$79k85%
FY20224$50k75%
FY20212$11k50%
FY20203$20k33%
FY20193$23k67%
FY20184$30k100%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Religion$220kEducation$179kHuman Services$90kHealth$44kHousing & Shelter$31kArts & Culture$25kInternational$25kSocial Science$5kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 24 grantees
All grantees of The James and Margaret Carreras Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Anna Julia Cooper School$110,00021%
Greater Richmond Scan - Stop Child Abuse Now Inc$45,00040%
Virginia Repertory Theatre$20,00040%
Richmond Friends of the Homeless Ltd$20,00021%
Ronald McDonald House Charities of Richmond$15,00020%
Cristo Rey Richmond High School Inc$15,00020%
The Cross-Over Ministry Inc$10,00020%
Benedictine Sisters of Virginia$10,0001n/a
YWCA Richmond$10,00010%
Better Housing Coalition$10,00010%
Reach Out for Life$10,00017%
M4k Richmond Inc$10,00011%
Benedictine Schools Educational Foundation$10,00020%
Virginia Museum of Fine Arts$5,0001n/a
Our Lady of Lourdes School$5,0001n/a
The New Community School Foundation$5,0001n/a
Friends of Rwandan Education Inc$5,00012%
Cedar Foundation$5,0001n/a
Commonwealth Catholic Charities$5,00010%
Good Samaritan Ministries$5,00010%
St Joseph's Villa$5,00010%
Caritas$1,00010%
Big Brothers Big Sisters Inc$1,00010%
Illume Family Recovery Inc$1,00011%

What it could do for these grantees

Plus 13 recipients with no EIN on record ($286k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget The James and Margaret Carreras Foundation supplied at peak.

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetAnna Julia Cooper School: $110,000 over 2y, 0.6% of budgetGreater Richmond Scan - Stop Child Abuse Now Inc: $45,000 over 4y, 0.4% of budgetVirginia Repertory Theatre: $20,000 over 4y, 0.1% of budgetRichmond Friends of the Homeless Ltd: $20,000 over 2y, 0.6% of budgetRonald McDonald House Charities of Richmond: $15,000 over 2y, 0.2% of budgetCristo Rey Richmond High School Inc: $15,000 over 2y, 0.1% of budgetThe Cross-Over Ministry Inc: $10,000 over 2y, 0.0% of budgetYWCA Richmond: $10,000 over 1y, 0.1% of budgetBetter Housing Coalition: $10,000 over 1y, 0.1% of budgetReach Out for Life: $10,000 over 1y, 6.6% of budgetM4k Richmond Inc: $10,000 over 1y, 1.1% of budgetBenedictine Schools Educational Foundation: $10,000 over 2y, 0.1% of budgetFriends of Rwandan Education Inc: $5,000 over 1y, 1.8% of budgetCommonwealth Catholic Charities: $5,000 over 1y, 0.0% of budgetGood Samaritan Ministries: $5,000 over 1y, 0.1% of budgetSt Joseph's Villa: $5,000 over 1y, 0.0% of budgetCaritas: $1,000 over 1y, 0.0% of budgetBig Brothers Big Sisters Inc: $1,000 over 1y, 0.1% of budgetIllume Family Recovery Inc: $1,000 over 1y, 0.5% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 19.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Community Foundation IncVA32.9× affinity14 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Community Foundation Inc · Dominion Energy Charitable Foundation · Shelton H Short Jr Trust · The Pauley Family Foundation · Herndon Foundation · Williams Mullen Foundation · The Mary Morton Parsons Foundation · Carmax Foundation · Estes Foundation Co Matthew Breidenbach Pitcairn · Annabella R Jenkins Foundation · The William H - John G - Emma Scott Foundation · Tesco Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare The James and Margaret Carreras Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The James and Margaret Carreras Foundation?

Find your warmest path to The James and Margaret Carreras Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About The James and Margaret Carreras Foundation

How much does The James and Margaret Carreras Foundation give?
The James and Margaret Carreras Foundation reported 14 grants totaling $201,000 in its FY2025 IRS filing. It funded between 2 and 15 organizations a year over FY2018 to FY2024.
What does The James and Margaret Carreras Foundation fund?
By grant dollars over FY2017 to FY2025, its largest causes are Religion (35%), Education (29%), Human Services (14%).
Who are The James and Margaret Carreras Foundation's largest grantees?
By total granted over FY2017 to FY2025: Anna Julia Cooper School ($110k), Greater Richmond Scan - Stop Child Abuse Now Inc ($45k), Virginia Repertory Theatre ($20k).
Does The James and Margaret Carreras Foundation fund new organizations?
In FY2024, 47% of the organizations it funded were first-time grantees.
Does The James and Margaret Carreras Foundation accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as The James and Margaret Carreras Foundation?
Its strongest co-funders, measured against what their size predicts, include The Community Foundation Inc, Dominion Energy Charitable Foundation, Shelton H Short Jr Trust.
Where is The James and Margaret Carreras Foundation based?
The James and Margaret Carreras Foundation is based in VA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 37 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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