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Minnesota · Nonprofit

THOMAS E & EDNA D CARPENTER FOUNDATION

THOMAS E & EDNA D CARPENTER FOUNDATION (Minnesota) receives grants from 24 organizations whose IRS filings report $1,073,339 to it, the largest being Fred C and Katherine B Andersen Foundation ($190,000). 16 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$1.4M
Revenue FY2025
24
Funders on record
$1.1M
Grants received
$21M
Net assets
16/24 repeat funderspeak grant-dependency 15%

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($1.0M) Expenses 100 ($1.2M) Net assets 100 ($14M)2018 Revenue 106 ($1.1M) Expenses 102 ($1.2M) Net assets 102 ($14M)2019 Revenue 117 ($1.2M) Expenses 101 ($1.2M) Net assets 101 ($14M)2020 Revenue 192 ($2.0M) Expenses 92 ($1.1M) Net assets 112 ($16M)2021 Revenue 233 ($2.4M) Expenses 97 ($1.1M) Net assets 136 ($19M)2022 Revenue 240 ($2.5M) Expenses 111 ($1.3M) Net assets 123 ($17M)2023 Revenue 142 ($1.5M) Expenses 124 ($1.4M) Net assets 131 ($18M)2024 Revenue 125 ($1.3M) Expenses 137 ($1.6M) Net assets 146 ($21M)2025 Revenue 139 ($1.4M) Expenses 142 ($1.6M) Net assets 153 ($21M)
'17'18'19'20'21'22'23'24'25
Revenue (139)Expenses (142)Net assets (153)
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 12 funders, grant income rose $10k → $228k.

10 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF)59% 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 THOMAS E & EDNA D CARPENTER FOUNDATION’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

THOMAS E & EDNA D CARPENTER FOUNDATION has a broad base — no single funder exceeds 18% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

64% 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 THOMAS E & EDNA D CARPENTER FOUNDATION.

18%
largest funder
42%
top three
~10
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 75% · 2020 25% · 2021 16% · 2022 34% · 2023 30%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

67% of THOMAS E & EDNA D CARPENTER FOUNDATION's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y

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

59% of THOMAS E & EDNA D CARPENTER 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 $437k that is directly attributable, 84% of it comes from Minnesota funders.

MN
WI
NY
OH
CA
FL

In-state vs out-of-state, by year

18
19
20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing. $636k arriving through sponsors registered in 8 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 24 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THOMAS E & EDNA D CARPENTER FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for THOMAS E & EDNA D CARPENTER 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THOMAS E & EDNA D CARPENTER FOUNDATION?
THOMAS E & EDNA D CARPENTER FOUNDATION (Minnesota) receives grants from 24 organizations whose IRS filings report $1,073,339 to it, the largest being Fred C and Katherine B Andersen Foundation ($190,000). 16 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THOMAS E & EDNA D CARPENTER FOUNDATION have?
IRS filings report 24 organizations giving $1,073,339 in grants to THOMAS E & EDNA D CARPENTER FOUNDATION, 16 of which have funded it in more than one year.
Who is the largest funder of THOMAS E & EDNA D CARPENTER FOUNDATION?
Fred C and Katherine B Andersen Foundation is the largest funder on record, with $190,000 in grants. The full list of funders is on this page.
How can an organization like THOMAS E & EDNA D CARPENTER FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 FY2025 (financials across 2017–2025), and the filings of 24funders 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 August 27, 2026. What this page cannot tell you · view filing