Overview

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Est.

1950

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Carmel Foundation, with EIN 94-1225368, is a nonprofit organization dedicated to senior assisted living, providing a welcoming environment for seniors to engage in various activities and services. Operating with a budget of $3.1 million and generating total revenue of $2.8 million in the 2025 filing year, the foundation does not rely on any single funder for 50% or more of its revenue. More information can be found on their website at www.carmelfoundation.org.

Mission Statement

The Carmel Foundation's mission is to provide a place for seniors to gather and enjoy a variety of activities and services in an environment of respect and camaraderie, a place to call home.
Revenues
$2.8M
Expenses
$3.1M
Net Income:
-$373K
Assets
$21.6M
Liabilities
$202.8K
Net Assets:
+$21.4M
Operating Budget
$3.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
12
Median grant size
$5K
Largest grant received
$30K
K
Kim Stemler
Board Member
M
Mary Crowe
Board Member
G
Gerald W Bachecki CPA
Board Member

Frequently Asked Questions

What is CARMEL FOUNDATION’s budget?
In 2025, CARMEL FOUNDATION reported an annual operating budget of around $3.1 million. More detailed financial information is available to registered users.
What causes does CARMEL FOUNDATION support?
CARMEL FOUNDATION supports work in Senior assisted living.
Where does CARMEL FOUNDATION operate?
CARMEL FOUNDATION is headquartered in Carmel, CA.
Who funded CARMEL FOUNDATION recently?
In 2025, CARMEL FOUNDATION received grants from MONTEREY PENINSULA FOUNDATION, The Tom and Virginia Jennaro Family Foundation Inc, and MILDRED HITCHCOCK HUFF CHARITABLE TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant CARMEL FOUNDATION received in 2024?
The largest grant to CARMEL FOUNDATION in 2024 exceeds $30 thousand.