Carol Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Carol Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 26-0053395

Foundation Overview

Based in Gallatin, TN, Carol Foundation has awarded 78 grants totaling $582,500 to organizations in Tennessee, Indiana and 6 other states across the US. Individual grants range from $2,000 to $10,000, with a median award of $8,000.

Latest Tax Year
2025
Total Giving (all years)
$582,500
Total Assets
$2,375,798
Median Grant (all grants)
$8,000

Latest Form 990-PF Snapshot

Total Grants
9
Median Grant
$7,000
% Median Grant Decline
-12% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: May 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: N/A

0 of 9 recipients (0%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Tennessee

53% of grants are awarded in Tennessee, with additional funding distributed across 7 other locations. The foundation balances regional focus with broader geographic diversity. Within Tennessee, funding concentrates in Nashville (24%), Townsend (22%), Hendersonville (22%).

Funding Trajectory
+31%

Moderate 31% growth trend over 5 years suggests stable and gradually increasing funding capacity. This positive trajectory indicates reliable grant-making resources and sustainable philanthropic commitment.

Program Areas
General Purposes + 2 others

Diversified giving across multiple program areas with primary emphasis on general purposes (79%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Carol Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Samaritans Purse $5,000 Boone, NC, US Hurricane Relief 2025
Got Questions Ministries $10,000 Colorado Springs, CO, US Fund Opertations 2025
Child Evangalism Fellowship $7,000 Coatsville, PA, US Trainin G And Salaries 2025
Cumberland Chrisis Pregnancy Center $5,000 Hendersonville, TN, US Care For Young Mothers And Babies 2025
Mercy Multiplied $5,000 Nashville, TN, US Fund Operations 2025
Childrens Bible Ministries $6,000 Townsend, TN, US Train Missionaries 2025
Men Of Valor $10,000 Antioch, TN, US Operating Expenses 2025
Hannahs Haven $10,000 Greenville, NC, US Operating Funds 2025
Mission Pre Born $10,000 Lebanon, TN, US Care For Babies And Young Mothers 2025
Hannahs Haven $10,000 Greenville, NC, US Operating Funds 2024
Child Evangalism Fellowship $8,000 Coatsville, PA, US Trainin G And Salaries 2024
Cumberland Chrisis Pregnancy Center $8,000 Hendersonville, TN, US Care For Young Mothers And Babies 2024
Got Questions Ministries $8,000 Colorado Springs, CO, US Fund Opertations 2024
Mercy Multiplied $4,000 Nashville, TN, US Fund Operations 2024
Childrens Bible Ministries $5,000 Townsend, TN, US Train Missionaries 2024
Men Of Valor $8,000 Antioch, TN, US Operating Expenses 2024
Samaritans Purse $5,000 Boone, NC, US Hurricane Relief 2024
Hannahs Haven $10,000 Greenville, NC, US Operating Funds 2024
Child Evangalism Fellowship $8,000 Coatsville, PA, US Trainin G And Salaries 2024
Cumberland Chrisis Pregnancy Center $8,000 Hendersonville, TN, US Care For Young Mothers And Babies 2024
Got Questions Ministries $8,000 Colorado Springs, CO, US Fund Opertations 2024
Mercy Multiplied $4,000 Nashville, TN, US Fund Operations 2024
Childrens Bible Ministries $5,000 Townsend, TN, US Train Missionaries 2024
Men Of Valor $8,000 Antioch, TN, US Operating Expenses 2024
Samaritans Purse $5,000 Boone, NC, US Hurricane Relief 2024
Childrens Bible Ministries $10,000 Townsend, TN, US Training Missionaries 2023
Hannahs Haven $10,000 Greenville, NC, US Fund Operations 2023
Mercy Multiplied $5,000 Nashville, TN, US Fund Operations 2023
Got Questions Ministries $7,000 Colorado Springs, CO, US Fund Operations 2023
Men Of Valor $5,000 Antioch, TN, US Operating Expenses 2023
Cumberland Chrises Pregnancy $10,000 Hendersonville, TN, US Care For Young Mothers And Babies 2023
Child Evangelism Fellowship $10,000 Coatesville, PA, US Training And Salaries 2023
Faith Church $10,000 Gallatin, TN, US Building Fund 2023
Childrens Bible Ministries $10,000 Townsend, TN, US Training Missionaries 2023
Hannahs Haven $10,000 Greenville, NC, US Fund Operations 2023
Mercy Multiplied $5,000 Nashville, TN, US Fund Operations 2023
Got Questions Ministries $7,000 Colorado Springs, CO, US Fund Operations 2023
Men Of Valor $5,000 Antioch, TN, US Operating Expenses 2023
Cumberland Chrises Pregnancy $10,000 Hendersonville, TN, US Care For Young Mothers And Babies 2023
Child Evangelism Fellowship $10,000 Coatesville, PA, US Training And Salaries 2023
Faith Church $10,000 Gallatin, TN, US Building Fund 2023
Childrens Bible Ministries $10,000 Townsend, TN, US Training Missionaries 2022
Cumberland Chrises Pregnancy $10,000 Hendersonville, TN, US Care For Young Mothers & Babies 2022
Gospel Echoes $10,000 Goshen, IN, US Prison Training 2022
Mercy Multiplied $10,000 Nashville, TN, US General Operating Expenses 2022
Hannahs Haven $10,000 Greenville, NC, US General Operating Expenses 2022
Mission Pre Born $5,000 Lebanon, TN, US Provide Keynote Speakers 2022
Beam $5,000 Tyler, TX, US Fund Mission Operations 2022
Child Evangelism Fellowship $10,000 Coatesville, PA, US Training & Salaries 2022
Got Questions Ministries $10,000 Colorado Springs, CO, US Answer More Questions 2022
Childrens Bible Ministries $10,000 Townsend, TN, US Training Missionaries 2022
Cumberland Chrises Pregnancy $10,000 Hendersonville, TN, US Care For Young Mothers & Babies 2022
Gospel Echoes $10,000 Goshen, IN, US Prison Training 2022
Mercy Multiplied $10,000 Nashville, TN, US General Operating Expenses 2022
Hannahs Haven $10,000 Greenville, NC, US General Operating Expenses 2022
Mission Pre Born $5,000 Lebanon, TN, US Provide Keynote Speakers 2022
Beam $5,000 Tyler, TX, US Fund Mission Operations 2022
Child Evangelism Fellowship $10,000 Coatesville, PA, US Training & Salaries 2022
Got Questions Ministries $10,000 Colorado Springs, CO, US Answer More Questions 2022
Childrens Bible Ministries Inc $5,000 Townsend, TN, US Training Missionaries 2021
Chid Evangelism Fellowship $5,000 Coatesville, PA, US Training & Salaries 2021
Cumberland Crisis Pregnancy Center $10,000 Hendersonville, TN, US Care For Young Mothers 2021
Faith Comes By Hearing $3,000 Albuquerque, NM, US Provide Bible Listening Devices 2021
Gospel Echoes Team Association Inc $5,500 Gpshen, IN, US Further Prison Ministry 2021
Got Questions Ministries $5,000 Colorado Springs, CO, US Answer More Questions 2021
Hannah's Haven $5,000 Greensboro, NC, US Help Build A New House 2021
Mercy Multiplied $10,000 Nashville, TN, US General Operating Expenses 2021
Mission Pre-born Inc $3,000 Lebanon, TN, US Provide Keynote Speakers 2021
Time 4 Haiti Inc $5,000 Whitehouse, TN, US Operating Expenses 2021
Mercy Multiplied $10,000 Nashville, TN, US Operating Expenses 2020
Alliance For Freedom Restoration $5,000 Laramie, WY, US Operating Expenses 2020
Children's Bible Ministries $5,000 Townsend, TN, US Operating Expenses 2020
Child Evanjalism Fellowship $5,000 Coatsville, PA, US Fund Operations 2020
Hannahs Haven $5,000 Greensboro, NC, US Fund Operations 2020
Gallatin Cares $2,000 Gallatin, TN, US Fund Operating Expenses 2020
Cumberland Crisis Pregnancy Center $10,000 Hendersonville, TN, US Operating Expenses 2020
Gospel Echoes $6,000 Goshen, IN, US Fund Operations 2020
Gideons International $4,000 Nashville, TN, US Operating Expenses 2020

Foundations Similar to Carol Foundation

Discover 5 foundations with comparable assets ($2,347,014-$2,464,626), similar grant patterns, and geographic focus in TN that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 62-1491417 | 93 grants awarded
$2,357,623
(≈ Similar)
$7,000
median grant
Brentwood, TN
Same state
100%
Excellent match

EIN: 62-6390769 | 94 grants awarded
$2,347,014
(≈ Similar)
$9,250
median grant
Nashville, TN
Same state
99%
Excellent match

EIN: 82-3273690 | 43 grants awarded
$2,413,509
(≈ Similar)
$5,000
median grant
Nolensville, TN
Same state
99%
Excellent match

EIN: 77-0420822 | 68 grants awarded
$2,453,250
(≈ Similar)
$4,000
median grant
Nashville, TN
Same state
98%
Excellent match

EIN: 46-6358867 | 164 grants awarded
$2,464,626
(≈ Similar)
$5,000
median grant
Nashville, TN
Same state
98%
Excellent match

Contact Information

Official contact details for Carol Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 26-0053395
Website N/A
Address 290 CHANCERY DR Gallatin, TN 37066-1647

Key People (5)

Board members, trustees, and key staff who oversee Carol Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

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Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Carol Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated May 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.