The Caruso Foundation dba Caruso Entrepreneurship Initiative
Preselected recipients only
The Caruso Foundation dba Caruso Entrepreneurship Initiative is a private foundation in Boulder, Colorado. In tax year 2024 it gave $1.5 million in 32 grants; the typical grant was $10,000 and the largest $355,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.5 million
- Number of grants32
- Typical grant$10,000
- Largest grant$355,000
- Assets$51.1 million
- New grantees47%
Giving in 2024 was down from $1.7 million the year before.
47% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.7 million | 37 | $45.6 million |
| 2024 | $1.5 million | 32 | $51.1 million |
How to apply
The Caruso Foundation dba Caruso Entrepreneurship Initiative says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Caruso Foundation dba Caruso Entrepreneurship Initiative funds
Where it gives
Its grants went to recipients in 7 states, the most to Colorado.
| State | Grants | Amount |
|---|---|---|
| Colorado | 24 | $876,173 |
| Illinois | 3 | $500,000 |
| New Mexico | 1 | $75,000 |
| Arizona | 1 | $10,000 |
| Minnesota | 1 | $10,000 |
| New York | 1 | $10,000 |
| California | 1 | $1,018 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| University of Colorado Foundation | Program Funding | $355,000 |
| University of Chicago Booth School of Business | Program Funding | $250,000 |
| University of Illinois | Program Funding | $225,000 |
| Boulder Police Foundation | Program Funding | $111,000 |
| Greenhouse Scholars | Program Funding | $92,700 |
| Elevate Quantum | Program Funding | $75,000 |
| Endeavor Colorado | Program Funding | $64,473 |
| National Center for Women & Information Technology | Program Funding | $50,000 |
| Access Opportunity | Program Funding | $40,000 |
| Evans Scholars Foundation | Program Funding | $25,000 |
| Operation Walk Denver | Program Funding | $25,000 |
| Denver Metro Convention & Visitors Bureau | Program Funding | $25,000 |
| Unite America Institute | Program Funding | $20,000 |
| Boulder Cancer Fighters | Program Funding | $15,000 |
| Colorado Forum Fund Inc | Program Funding | $13,500 |
| Boulder Community Health Foundation | Program Funding | $10,000 |
| Breakthrough Alliance of Colorado | Program Funding | $10,000 |
| El Dorado Foundation Inc | Program Funding | $10,000 |
| Growing Gardens of Boulder | Program Funding | $10,000 |
| Tennyson Center for Children | Program Funding | $10,000 |
| Mayo Clinic | Program Funding | $10,000 |
| Memorial Sloan Kettering Cancer Center | Program Funding | $10,000 |
| Denver Civic Ventures | Program Funding | $8,000 |
| Big Green | Program Funding | $5,000 |
| Colorado Women's Chamber Foundation | Program Funding | $3,000 |
| Colorado Drive Foundation | Program Funding | $2,500 |
| Glider | Program Funding | $2,000 |
| Camp Kesem | Program Funding | $1,018 |
| Soaring Heights | Program Funding | $1,000 |
| Colorado Business Roundtable | Program Funding | $1,000 |
| Niwot Elementary | Program Funding | $1,000 |
| Tara Institute of Performing Arts | Program Funding | $1,000 |
Officers and trustees
- Daniel P Caruso
Questions people ask
Does The Caruso Foundation dba Caruso Entrepreneurship Initiative accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Caruso Foundation dba Caruso Entrepreneurship Initiative give?
$1.5 million in tax year 2024, across 32 grants, with a typical grant of $10,000.
Who runs The Caruso Foundation dba Caruso Entrepreneurship Initiative?
Its 2024 filing lists Daniel P Caruso (President).
What does The Caruso Foundation dba Caruso Entrepreneurship Initiative fund?
Based on its grants, mainly education, community development and health.