New York · Nonprofit
THE CARMEL HILL FUND
THE CARMEL HILL FUND (New York) receives grants from 2 organizations whose IRS filings report $100,000 to it, the largest being AMERICAN INSTITUTE FOR FOREIGN STUDY FOUNDATION INC ($50,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $55M
- Funders on record
- 2
- Grants received
- $100k
- Net assets
- $434M
What The Carmel Hill Fund does
Program
The Carmel Hill Fund education program supports independent reading efforts in 100 schools in three cities: new york, new york; denver, colorado; and monroe, lousiana, reaching over 55,000 students during the 2023-24 school year. The education program mission is to promote literacy and foster a love of reading, particularly among at-risk youth in inner cities. To this end, we partner with schools to utilize renaissance learning's accelerated reader software program to help monitor completion and comprehension of student reading progress. Education program staff visit schools and assist principals, teachers, and librarians in the successful implementation of the reading program.
$9,561,830 spent
The program described on its FY2024 Form 990-PF.
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.
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 $385M to $418M (+9%).
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
Itai Dinour
Executive director
As listed on its FY2024 Form 990-PF.
Who funds it, year by year
2017 → 2018: the base held at 1 funder, grant income fell $30k → $20k.
From the IRS filings of THE CARMEL HILL FUND’s funders (the co-funder graph). 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 HILL FUND leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
50% 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 HILL FUND.
Largest funder’s share by year: 2017 100% · 2018 100% — broadly stable.
“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.
Where its funders are
THE CARMEL HILL FUND draws 50% of its grant income from funders outside New York, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Organizations like THE CARMEL HILL FUND
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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for THE CARMEL HILL FUND: 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 HILL FUND?
- THE CARMEL HILL FUND (New York) receives grants from 2 organizations whose IRS filings report $100,000 to it, the largest being AMERICAN INSTITUTE FOR FOREIGN STUDY FOUNDATION INC ($50,000). 1 of them have funded it in more than one year.
- How many funders does THE CARMEL HILL FUND have?
- IRS filings report 2 organizations giving $100,000 in grants to THE CARMEL HILL FUND, 1 of which have funded it in more than one year.
- Who is the largest funder of THE CARMEL HILL FUND?
- AMERICAN INSTITUTE FOR FOREIGN STUDY FOUNDATION INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like THE CARMEL HILL FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 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