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The James and Margaret Carreras Foundation at a glance

· Private foundation

The James and Margaret Carreras Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$201k
Granted FY2025still arriving
14
Grants FY2025still arriving
1
States reached
$100k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% 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
02FY2025 · 14 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k6 grants · $31k
  • $10k–50k7 grants · $70k
  • $50k–250k1 grant · $100k
$10,000
Median grant
1
States reached
$343k
Total assets
Largest grants
RecipientAmount
ANNA JULIA COOPER EPISCOPAL SCHOOL$100,000
YWCA RICHMOND$10,000
GREATER RICHMOND SCAN$10,000
M4K RICHMOND$10,000
RONAL MCDONALD HOUSE CHARITIES OF R$10,000
ST FRANCIS HOME$10,000
BETTER HOUSING COALITION$10,000
SAINT PETER'S CATHOLIC CHURCH$10,000
UGANDA RURAL FUND$6,000
GOOD SAMARITAN MINISTRIES$5,000
VIRGINIA REPERATORY THEATRE$5,000
CROSSOVER HEALTHCARE MINISTRY$5,000
MASSEY CANCER CENTER$5,000
ST EDWARD-EPIPHANY CATHOLIC SCHOOL$5,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY22–25, $55k) land where the poverty rate runs at 11%, against an area that typically sits at 8%. 45% of those dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 8%M4K RICHMOND: $10k → 7%COMMONWEALTH CATHOLIC CHARITIES: $5k → 9%GOOD SAMARITAN MINISTRIES: $5k → 22%ST JOSEPH'S VILLA: $5k → 9%FRIENDS OF THE HOMELESS: $10k → 7%YWCA RICHMOND: $10k → 22%RICHMOND FRIENDS OF THE HOMELESS: $10k → 7%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

60%of every dollar goes to organizations it has funded before.
$374k · 12 repeat orgs$251k to everyone else

Grantees it renews have grown median revenue +14% since the first grant, against 0% for those funded once.

12 repeat relationships: 8 still active in FY2025, 4 since wound down; 6 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

12
19

Total granted

$374k
$201k

Median revenue growth · since first grant

+14%
0%

Still filing today

67%
47%

New vs renewed · share of each year

In FY2025, 75% of grant dollars renewed an existing relationship; $50k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25
Human ServicesHealthEducationHousing & ShelterArts & CultureCrime & LegalOther
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.

Backed again, and grew

  • AJ
    ANNA JULIA COOPER SCHOOL
    2× · 2017–2025 · $110k · revenue +469%
  • VR
    VIRGINIA REPERTORY THEATRE
    4× · 2018–2025 · $20k · revenue +4%
  • RF
    RICHMOND FRIENDS OF THE HOMELESS LTD
    2× · 2022–2024 · $20k · revenue +6%

Funded once

  • SE
    ST ELIZABETH'S CHURCH
    one grant, 2024 · $100k
  • TP
    THE PRESBYTERY OF THE HIGHLANDS N J
    one grant, 2023 · $10k
  • BS
    BENEDICTINE SISTERS OF VIRGINIA
    one grant, 2019 · $10k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Academy of Richmond County
—
2
Rise Richmond Inc

Rise richmond's mission is to cultivate the god-given potential of students in richmond's east end through learning opportunities that equip them to flourish.

Crime & Legal
3
Richmond Friends School Inc

Committed to providing a quality educational experience for each child, creating an environment that nurtures individual intellectual, emotional, creative, spiritual, and physical gifts within a community

Education
4
Richmond Memorial Health Foundation
Health
5
Communities in Schools of Richmond Inc

To champion the connection of needed community resources with schools to help young people successfully learn, stay in school and prepare for life.

Crime & Legal
6
Richmond Center for Christian Study

To foster consideration and discussion of christianity

—
7
Cristo Rey Richmond Corporate Work Study Program Inc

Provide direct support to Cristo Rey Richmond High School, Inc.

Education
8
Renew Richmond

Renew Richmond strives to build healthier, more self-empowered communities by involving local youth in agriculture and environmental sustainability. We do this by partnering with local public schools.

Environment
9
Richmond Residential Services Inc

Richmond residential services strives to provide person-centered care for individuals with diverse abilities and support needs, facilitating choice, growth and community participation

Human Services
10
Richmond Christian School Inc

Richmond Christian School exists to support families in their Biblical responsibility to nurture and train their children. Thus, Richmond Christian School provides opportunities which allow students to realize their God-given potential.

Education
11
The Richmond Symphony

The richmond symphony performs, teaches and champions music to inspire and unite our communities.

Arts & Culture
12
Regents School of Charlottesville Inc

Regents' mission is to provide a classical and christian education, founded upon and informed by a biblical worldview, that equips our students to know, love, and practice that which is true, good, and the beautiful and challenges them to…

Education
How this is measured
The grantee most central to the portfolio’s shape is Commonwealth Catholic Charities; the most unlike its peers is Cedar Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

21 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 21 of the 37 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
21/21
Grantees still filing
10/21
Grew since first funded

Where the money sits, by cause and then by grantee

ST ELIZABETH'S CHURCH: $100,000 · OtherST ELIZABETH'S CHURCHSAINT PETER'S CATHOLIC CHURCH: $90,000 · OtherSAINT PETER'S CATHOLIC CHURCHUGANDA RURAL FUND: $20,000 · OtherUGANDA RURAL FUNDST EDWARD-EPIPHANY CATHOLIC SCHOOL: $15,000 · Other+16 more: $97,000 · Other+16 moreANNA JULIA COOPER SCHOOL: $110,000 · EducationANNA JULIA COOPER SCHOOLCristo Rey Richmond High School Inc: $15,000 · EducationCristo Rey Richmond High…BENEDICTINE SCHOOLS EDUCATIONAL FOUNDATION: $10,000 · EducationBENEDICTINE SCHOOLS EDUC…RICHMOND FRIENDS OF THE HOMELESS LTD: $20,000 · Human ServicesRICHMOND …YWCA RICHMOND: $10,000 · Human ServicesYWCA RICH…M4K RICHMOND INC: $10,000 · Human ServicesM4K RICHM…Commonwealth Catholic Charities: $5,000 · Human ServicesCommonwea…GOOD SAMARITAN MINISTRIES: $5,000 · Human ServicesGOOD SAMA…ST JOSEPH'S VILLA: $5,000 · Human ServicesST JOSEPH…GREATER RICHMOND SCAN - STOP CHILD ABUSE NOW INC: $45,000 · Crime & LegalRONALD MCDONALD HOUSE CHARITIES OF RICHMOND: $15,000 · HealthTHE CROSS-OVER MINISTRY INC: $10,000 · HealthREACH OUT FOR LIFE: $10,000 · Health+1 more: $1,000 · HealthVIRGINIA REPERTORY THEATRE: $20,000 · Arts & CultureBETTER HOUSING COALITION: $10,000 · Housing & ShelterCARITAS: $1,000 · Housing & Shelter
Other$322,000Education$135,000Human Services$55,000Crime & Legal$45,000Health$36,000Arts & Culture$20,000Housing & Shelter$11,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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 Foundat…Dominion Energy Chari…Shelton H Short Jr Tr…The Pauley Family Fou…Herndon FoundationWilliams Mullen Found…The Mary Morton Parso…Carmax FoundationEstes Foundation Co M…Annabella R Jenkins F…The William H - John …Tesco Foundation
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.

How much its grantees rely on government

Each dot is one organization The James and Margaret Carreras Foundation funds: left to right is the share of its income from government, bottom to top the share from The James and Margaret Carreras Foundation. Bigger dots raise more.

2025
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%6%13%19%25%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    6report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–25%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    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.

    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

    Play a game based on James and Margaret Carreras’ filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home