California · Nonprofit
The Carmel Foundation
The Carmel Foundation (California) receives grants from 35 organizations whose IRS filings report $1,420,413 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($795,000). 21 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $2.8M
- Funders on record
- 35
- Grants received
- $1.4M
- Net assets
- $21M
What The Carmel Foundation does
Mission
The Carmel Foundation's mission is to support healthy aging by providing meals, housing, wellness activities, and supportive services that help create a healthy, happy, and hopeful senior community.
As stated on its FY2025 Form 990.
Programs
Senior Housing Program: To provide independent living, low-income housing for members of the Carmel Foundation who are at least 65 years old. The Carmel Foundation has 49 units serving 51 residents.
$772,613 spent$524,027 earned by the program45% of program spendingMeal Programs: We offer Three meal programs, in-housing dining four days a week for lunch, curb-side pickup to go three days a week and home bound meals delivered to members who can't come to the Foundation. Close to 24,000 meals were prepared during the fiscal year.
$544,353 spent$175,355 earned by the program31% of program spendingMember Services: Over 65 interesting classes and activities are provided weekly in areas such as creative arts & expression (art, dance, writing), health & wellness (movement, nutrition, fitness), public educational programs, technology (classes & support), music literature & language, discussion groups & lectures, tours, volunteer opportunities, community service, games and social engagement.
$302,797 spent$68,694 earned by the program18% of program spendingSocial Services: Navigating systems like Social Security, taxes and legal aid, connecting members to trusted local resources and services, lending free mobility equipment to support independence, hosting thoughtful programs from holiday meals to monthly visits with the police chief to foster community and build trust.
$109,942 spent6% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,729,705.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $19M to $23M (+20%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 11%. Grants only. Government contracts and fees sit inside program revenue.
46% of The Carmel Foundation’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kim Stemler
President & CEO
Board chair
Mitchell Matthews
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 8 funders to 10 funders, grant income rose $23k → $140k.
7 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 70% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of The Carmel Foundation’s funders (the co-funder graph). Top 30 of 35 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
The Carmel Foundation leans on a few funders — its largest provides 56% of grant income and the top three 75%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund The Carmel Foundation.
Largest funder’s share by year: 2017 43% · 2018 76% · 2019 70% · 2020 26% · 2021 93% · 2022 30% · 2023 32% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
43% of The Carmel Foundation's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
70% of The Carmel Foundation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $424k that is directly attributable, 73% of it comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $997k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
The Carmel Foundation is better cushioned than half of the 6,891 human services nonprofits its size.
this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025
Organizations like The Carmel Foundation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
55% of spending goes to programs.
Governance
Public support
67%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for The Carmel Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds The Carmel Foundation?
- The Carmel Foundation (California) receives grants from 35 organizations whose IRS filings report $1,420,413 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($795,000). 21 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does The Carmel Foundation have?
- IRS filings report 35 organizations giving $1,420,413 in grants to The Carmel Foundation, 21 of which have funded it in more than one year.
- Who is the largest funder of The Carmel Foundation?
- MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $795,000 in grants. The full list of funders is on this page.
- How can an organization like The Carmel Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Carmel →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 35 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing