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  4. Carina Initiatives
EIN 85-0909048

Carina Initiatives

IRS 501(c) type
501(c)(3)
Num. employees
10
City
Torrance
State
California
Year formed
2020
Most recent tax filings
2024-11-01
NTEE code, primary
T21: Corporate foundations
Description
Carina Initiatives is a corporate foundation based in Torrance, CA, that primarily funds entity support, fellowships, university programs, university research, and fiscal sponsorship. The foundation made 27 grants last year, supporting grantees such as The Art Of Problem Solving Initiative Inc and others.
Total revenues
$19,103,927
2024
Total expenses
$12,680,901
2024
Total assets
$31,130,741
2024
Num. employees
10
2024

Program areas at Carina Initiatives

Programmatic developer fees
Interest income from program-related investments

Grants made by Carina Initiatives

GranteeGrant descriptionAmount
National Math StarsGeneral Operating Support$1,254,882
Bridge To Enter Advanced MathematicsGeneral Operating Support$1,000,000
9 Dots Community Learning CenterGeneral Operating Support$850,000
...and 19 more grants made totalling $6,670,507

Financials for Carina Initiatives

RevenuesFYE 11/2024
Total grants, contributions, etc.$17,000,000
Investment income and dividends$1,338,461
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$765,466
Total revenues$19,103,927

Organizations like Carina Initiatives

OrganizationLocationRevenue
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The Ralph Lauren Corporate FoundationNew York, NY$8,232,417
Steelcase FoundationGrand Rapids, MI$5,758,161
The Manaaki FoundationChicago, IL$5,603,781
Herbert H. & Grace A. Dow FoundationMidland, MI$55,944,598
Lloyd A Fry FoundationChicago, IL$9,520,871
Howard Amster FoundationBeachwood, OH$5,402,302
Coach FoundationNew York, NY$4,936,687
Ab Inbev FoundationNew York, NY$7,045,948
Data update history
April 6, 2026
Posted financials
Added Form 990PF for fiscal year 2024
February 21, 2026
Updated personnel
Identified 1 new personnel
February 2, 2026
Updated personnel
Identified 1 new personnel
January 19, 2026
Used new vendors
Identified 5 new vendors, including , , , , and
November 25, 2024
Posted financials
Added Form 990PF for fiscal year 2023
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCorporate foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
990 W 190th St 530
Torrance, CA 90502
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
carina.fund/ 
Phone
(202) 604-1056
IRS details
EIN
85-0909048
Fiscal year end
November
Taxreturn type
Form 990-PF
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0271392
FTB Entity ID
4602270
AB 488 data last updated ("as-of") date
2026-08-19
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