Private Foundation

CAROL FOUNDATION

Based in Gallatin, TN, CAROL FOUNDATION operates as a Private Foundation. The organization reported $181K in revenue, $136K in expenses, $2.0M in total assets for fiscal year 2025. Imperigo tracks 53 reported grants from this foundation totaling approximately $380K.

EIN: 260053395 Gallatin, TN Latest filing: 2025

Total Revenue$181K

Total Expenses$136K

Total Assets$2.0M

Grants Given53

Grant Total$380K

Filing Years2021–2025

Sample Grants Given

Hannahs Haven

Greenville, NC · 2025

Operating Funds

$10,000

Mission Pre Born

Lebanon, TN · 2025

Care for babies and young mothers

$10,000

Got Questions Ministries

Colorado Springs, CO · 2025

Fund Opertations

$10,000

Men of Valor

Antioch, TN · 2025

Operating Expenses

$10,000

Child Evangalism Fellowship

Coatsville, PA · 2025

Trainin g And Salaries

$7,000

Showing up to 5 of 53 total records — full history available with membership.

Officers & Directors

Trustee Carol Martin

Sec Treas Dwight Martin

President Joy Henderson

Trustee Lorrie Gideon

Trustee Melissa Black

Officer compensation and complete director data available with membership.

Top Grant Purposes

Operating Expenses

$48,000 6 grants

Fund Operations

$33,000 5 grants

Training Missionaries

$25,000 3 grants

Care for young mothers and babies

$23,000 3 grants

General operating expenses

$20,000 2 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$181K	$136K	$2.0M
2024	$200K	$130K	$2.0M
2023	$365K	$134K	$1.9M
2022	$245K	$157K	$1.7M
2021	$85K	$116K	$1.6M

Between 2021 and 2025, reported annual revenue grew from $85K to $181K (+113%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CO, IN, NC, NM, PA, TN, and 2 other states.

COINNCNMPATNTXWY

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CAROL FOUNDATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports