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Foundations / New Mexico

The Foundation of Carlo Inc

Accepts applications Albuquerque, New Mexico · EIN 208875029

The Foundation of Carlo Inc is a private foundation in Albuquerque, New Mexico. In tax year 2024 it gave $109,500 in 7 grants; the typical grant was $11,000 and the largest $38,500. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $100,000 the year before.

33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$100,0007$2.2 million
2024$109,5007$2.3 million

How to apply

ContactThe Foundation of Carlo Inc
PO Box 25966, Albuquerque, NM 87125
Phone or email(505) 268-2500
What to submitSee guidelines for proposals in attached grant policies same as prior years. Cover letter with max two page description of project goals and objectives, who is in charge of the project with statement of capabilities, plans for evaluating success and amount requested. Must attach proof of IRS charitable 501(c)(3)status, detail project budget, list of current members of organization's board of directors or governing body and if applicable copy of organizations current annual operating budget. Educational institutions must include operating budget for the individual university department and cover letter should be signed by department head.
DeadlinesAccepted from january 1 - april 1 of each year
RestrictionsAwards will be made for charitable, educational community and religious purposes to support communities in which carlo, inc. And its subsidiaries conduct business, primarily to charitable organizations supporting the roman catholic church. Applicant's purpose and continuing work must not be in conflict with the doctrine, policies or practices of the roman catholic church.

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

IRS filings on ProPublica

What The Foundation of Carlo Inc funds

Where it gives

Its US grants went to recipients in 2 states, the most to Texas. It also paid $49,500 in 2 grants to recipients outside the US.

StateGrantsAmount
Texas3$38,000
New Mexico2$22,000

Grants paid in 2024

All 7 grants
RecipientPurposeAmount
The Vancouver FoundationTo support initiatives that will build a lasting legacy of healthy, vibrant, and livable communities throughout british columbia.$38,500
Cardinal's Circle-Inner City Catholic Schools
Houston, TX
Helping people in southeast texas by providing caring, compassionate services and advocating for social justice.$15,000
Houston Area Women's Center Inc
Houston, TX
Provide support for women in need.$15,000
Catholic Charities
Albuquerque, NM
To improve the lives of the needy, fight poverty,and build community in the city of albuquerque, new mexico.$11,000
Heading Home-City of Albuquerque
Albuquerque, NM
To provide emergency housing, transitional services, and permanent housing to make homelessness rare, short lived, and nonrecurring.$11,000
Sisters of Charity OutreachTo provide hope, dignity, and meaningful assistance to those who receive little to no help from other sources.$11,000
Catholic Charities
Houston, TX
To improve the lives of the needy, fight poverty, and build community in the city of houston, texas.$8,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does The Foundation of Carlo Inc accept grant applications?

Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Accepted from january 1 - april 1 of each year.

How much does The Foundation of Carlo Inc give?

$109,500 in tax year 2024, across 7 grants, with a typical grant of $11,000.

Who runs The Foundation of Carlo Inc?

Its 2024 filing lists Victor J Bachechi (Director, President), Roberto Fiorvento (Director, Vice President) and Karl W Gustafson (Director, Secretary/Treasu).

What does The Foundation of Carlo Inc fund?

Based on its grants, mainly international, faith communities and human services.

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