Carmel Hill Fund

Private foundation · EIN 13-6881103 · since 1987carmelhill.org·New York·Updated 13 October 2026

At a glance

$10.1M
Annual giving, 2024 tax year
From the Form 990-PF filing
$20,000 to $1.9M
Grant range
From grants in the 990-PF filings
$100k
Typical grant (median)
41 grants in the latest filing
Open to applications
Rolling, no deadlines · unsolicited applications welcome

Key takeaways

  • The Fund's stated focus is youth literacy and youth mental health and wellbeing for young people in New York City, so work in those areas there is the clearest fit.
  • Most of its grants are modest: half of its 59 grants to organisations were about $110,000 or less, and the median grant was about $110,000, so a request of that size is realistic.
  • Its typical grants fall between $20,000 and $1,950,000, and the largest was $2,500,000, so that band is not a ceiling.
  • Because there is no formal application process and applications are accepted on a rolling basis, the sensible first step is an exploratory conversation through grants@carmelhill.net.
  • The Fund values collaboration and relationship-building, and 36% of its grant dollars to organisations in the filing went to organisations it had funded in earlier filings, so a patient, relationship-led approach is likely to matter.

Overview

Carmel Hill Fund is a US private foundation based in New York, NY.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

Carmel Hill Fund invests in efforts to improve youth literacy and mental health and wellbeing, focusing on young people growing up in New York City, especially those facing systemic barriers. Its literacy work addresses barriers to reading proficiency and voracity. Its mental-health grantmaking supports youth wellbeing programming in schools, clinics and community spaces, and seeks to ensure culturally representative staffing and cost are not barriers to access. The Fund chooses partners for their expertise, dedication to its issue areas and alignment with its values and approach. It takes a collaborative, relationship-centred approach, seeking shared learning and solutions with organisations working to improve young people's experiences and futures.

Themes

  • Youth literacy
  • Youth mental health

Geographic Focus

New York City.

How to apply

Organisations working in the Fund's issue areas and aligned with its priorities in New York City should contact the team at grants@carmelhill.net for an exploratory conversation. There is no formal application process.

Application success factors

  • Repeat giving: In its TY2024 filing, 36% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 59 grants to organisations were about $110,000 or less.

What the foundation says:

  • The Fund selects partners and grantees for their expertise, commitment to its issue areas and alignment with its values and approach.
  • Organisations should show a deep commitment to youth literacy and/or mental health and wellbeing outcomes for young people growing up in New York City.
  • The Fund values collaboration and an interest in building a relationship.
  • It looks for future-forward thinking focused on sustainability.
  • Organisations should be transparent and ready for ongoing reflection, learning and improvement.
  • The Fund encourages a preliminary exploratory conversation with its team.
  • The Fund co-creates thoughtful, low-burden reporting with partner organisations after approving a grant.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

New York41%
California19%
Connecticut14%
Vermont14%
Virginia9%
Massachusetts2%

3 other states: <1%

  • The largest single recipient received 17% of grant dollars to organisations.
  • In tax year 2024, 36% of grant dollars went to organisations Carmel Hill Fund had funded in earlier filings.
  • No grants were paid directly to organisations outside the US.
  • 38% of grant dollars went to intermediaries that regrant to other organisations.

Grants

41 grants in the latest filing analysed · median $100k

How much do they typically give?

Share of 41 grants in tax year 2024 by size

$10k–$25k22%
$25k–$50k5%
$50k–$100k17%
$100k–$250k29%
$250k–$500k17%
$500k–$1M5%
$1M and over5%

Median $100k (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • RSF Social Finance · Donor advised fund - planned for gifts for donee's exempt purpose and cause
    $2,191,5712024 tax year
  • Vermont Community Foundation · Donor advised fund - planned for gifts for donee's exempt purpose and cause
    $2,191,5712024 tax year
  • Fund for Public Schools · Support for student literacy & reading outcomes; nyc reads evaluation & family engagement activities
    $860,0002024 tax year
  • Brain and Behavior Research Foundation · Young investigators program and ruane prize research awards
    $550,0002024 tax year
  • Read Alliance · Nyc reads initiative literacy activities
    $299,5002024 tax year
  • Children’s Aid Society · Scholarships, youth mental healthcare, and after-school programming
    $291,6882024 tax year
  • Reading Partners · Nyc reads initiative literacy activities
    $287,7502024 tax year
  • Madison Square Boys and Girls Club · General operating expenses
    $275,0002024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Kate Garroway — Chief Operating Officer
  • Daniel Lynn Mosley — Trustee
  • Robert D Goldfarb — Trustee
  • Sophie Barrett — Trustee As Of 2/23/24
  • Itai Dinour — Executive Director

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$23,678,172$10,605,000$380,852,787Filing for 2022 tax year
2023 tax year$16,680,805$4,038,888$444,422,614Filing for 2023 tax year
2024 tax year$22,364,086$10,123,300$522,658,234Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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