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New Jersey · Private foundation

Tina and Richard V Carolan Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$1.1M
Granted FY2024(still arriving)
19
Grants FY2024
16
Organizations funded FY2023
38%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$48,000
Largest grant, FY2024
$200,000
Organizations funded a year
14 to 19
FY2020 to FY2023
States reached, FY2024
7
Total assets, FY2024
$18M
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 38% of the organizations Tina and Richard V Carolan Foundation funded were first-time grantees, receiving 13% of its grant dollars.

New vs renewed · share of each year

In FY2023, 87% of grant dollars renewed an existing relationship; $135k went to new ones.

50%100%’21’22’23
RenewedFirst-time

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

’21’22’23
InternationalHealthCrime & LegalMembership BenefitArts & CultureAnimalsOther
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
FY2024still arriving19$1.1M16%
FY202316$1.0M38%
FY202219$923k58%
FY202114$928k29%
FY202016$740kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Health$1.8MRecreation & Sports$670kPublic Safety & Disaster$500kInternational$425kReligion$265kPublic Benefit$250kEducation$189kYouth Development$140kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

NY
NJ
CA
CO
KY
SC
DC
GA
FL

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Team Type 1 Inc$575,000591%
Foundation for Morristown Medical Center$570,00041%
Best Buddies International Inc$375,00030%
Hackensack Meridian Health Inc$278,0003n/a
Memorial Sloan-Kettering Cancer Center$175,00030%
Armenian National Committee of America$150,00028%
Anca Endowment Fund Inc$100,00016%
Acf Western USA Inc$100,00017%
Naples Therapeutic Riding Center Inc$77,80032%
Bernardsville Law Enforcement Foundation$75,000259%
Show all 22 grantees

What it could do for these grantees

Plus 18 recipients with no EIN on record ($1.8M), not named here.

Where it is load-bearing

Tina and Richard V Carolan Foundation supplied at least a quarter of the budget for 3 of its grantees at some point. The chart plots its 18 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTeam Type 1 Inc: $575,000 over 5y, 91% of budgetFoundation for Morristown Medical Center: $570,000 over 4y, 0.7% of budgetBest Buddies International Inc: $375,000 over 3y, 0.4% of budgetMemorial Sloan-Kettering Cancer Center: $175,000 over 3y, 0.0% of budgetArmenian National Committee of America: $150,000 over 2y, 8.4% of budgetAnca Endowment Fund Inc: $100,000 over 1y, 6.5% of budgetAcf Western USA Inc: $100,000 over 1y, 7.1% of budgetNaples Therapeutic Riding Center Inc: $77,800 over 3y, 1.5% of budgetBernardsville Law Enforcement Foundation: $75,000 over 2y, 59% of budgetRoyal Palm Academy Inc: $75,000 over 3y, 0.7% of budgetStar Track Cycling Inc: $70,000 over 4y, 9.2% of budgetStafford Pba Local 297: $55,000 over 4y, 23% of budgetArmenian Cultural Foundation: $50,000 over 1y, 3.8% of budgetMagic City K9 Inc: $50,000 over 2y, 27% of budgetBig Brothers Big Sisters of Broward Inc: $45,000 over 2y, 0.9% of budgetLong Beach Island Community Center Inc: $25,000 over 1y, 0.6% of budgetFoundation Cycling New York Inc: $10,000 over 1y, 10% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $10,000 over 1y, 0.0% 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 18.

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.

Natl Christian Charitable Fdn IncGA5.4× affinity4 shared granteesties to 3 of 3Hover any node to trace its alignments.Compare side by side →

Open a dossier: Natl Christian Charitable Fdn Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile 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 Tina and Richard V Carolan Foundation with peer funders

About Tina and Richard V Carolan Foundation

How much does Tina and Richard V Carolan Foundation give?
Tina and Richard V Carolan Foundation reported 19 grants totaling $1,098,632 in its FY2024 IRS filing. It funded between 14 and 19 organizations a year over FY2020 to FY2023.
What does Tina and Richard V Carolan Foundation fund?
By grant dollars over FY2020 to FY2024, its largest causes are Health (38%), Recreation & Sports (14%), Public Safety & Disaster (11%).
Who are Tina and Richard V Carolan Foundation's largest grantees?
By total granted over FY2020 to FY2024: Team Type 1 Inc ($575k), Foundation for Morristown Medical Center ($570k), Best Buddies International Inc ($375k).
Does Tina and Richard V Carolan Foundation fund new organizations?
In FY2023, 38% of the organizations it funded were first-time grantees.
Does Tina and Richard V Carolan Foundation accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as Tina and Richard V Carolan Foundation?
Its strongest co-funders, measured against what their size predicts, include Natl Christian Charitable Fdn Inc, Donor Advised Charitable Giving Inc, Fidelity Investments Charitable Gift Fund.
Where is Tina and Richard V Carolan Foundation based?
Tina and Richard V Carolan Foundation is based in NJ.

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 40 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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