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Filing year 2023

CARINA INITIATIVES INC

Torrance, California·EIN 85-0909048·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$19.1M
Total assets
$31.1M
Total expenses
$12.7M
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California.

Treasurer
Board Treasurer
Above 90th percentile
$228k
$252k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CARINA INITIATIVES INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$9.1M

Itemized grants

32

Median grant

$115k

RecipientLocationPurposeAmount
NATIONAL MATH STARS INCWILMINGTON, NCGENERAL OPERATING SUPPORT$1.3M
THE ART OF PROBLEM SOLVING INITIATIVE INCNEW YORK, NYGENERAL OPERATING SUPPORT$1M
AOPS INCORPORATEDSAN DIEGO, CASUPPORT FOR THE PATHWAYS PROGRAM$883k
9 DOTS COMMUNITY LEARNING CENTERTORRANCE, CAGENERAL OPERATING SUPPORT$850k
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITYSTANFORD, CAUNIVERSITY PROGRAM$830k
GLOBAL TALENT NETWORK FOUNDATIONBALTIMORE, MDGENERAL OPERATING SUPPORT$750k
BRILLIANT WORLDWIDE INCSAN FRANCISCO, CASUPPORT FOR THE DEVELOPMENT OF FREE SCHOOLS PRODUCT$720k
THE PARTNERSHIP FOR LOS ANGELES SCHOOLSLOS ANGELES, CAGENERAL OPERATING SUPPORT$505k
THE UNIVERSITY OF CHICAGOCHICAGO, ILUNIVERSITY RESEARCH$470k
REGENTS OF THE UNIVERSITY OF MINNESOTAMINNEAPOLIS, MNUNIVERSITY RESEARCH$324k
ANIMO GAMES STUDIO LLCTORRANCE, CASUPPORT FOR THE DEVELOPMENT OF FREE SCHOOLS PRODUCT$264k
THE GLOBAL DEVELOPMENT INCUBATOR INCWASHINGTON DC, DCTO SUPPORT RESEARCH ON HOW TO EFFECTIVELY DEVELOP TOP MATH TALENT$220k
CALIFORNIA INSTITUTE OF TECHNOLOGYPASADENA, CAUNIVERSITY PROGRAM$200k
SIGMACAMP INCEAST SETAUKET, NYGENERAL OPERATING SUPPORT$169k
NATIONAL BUREAU OF ECONOMIC RESEARCH INCCAMBRIDGE, MASUPPORT RESEARCH TO IDENTIFY AND DEVELOP MATHEMATICAL TALENT$126k
AFRICAN INSTITUTE FOR MATHEMATICA SCIENCES-THE NEXT EINSTEIN INITIATIVERWSUPPORT FOR RWANDA MATHEMATICAL OLYMPIAD PROGRAM$120k
ADDISCODER INCCAMBRIDGE, MAGENERAL OPERATING SUPPORT$110k
MASSACHUSETTS INSTITUTE OF TECHNOLOGY OFFICE OF ENGINEERING OUTREACH PROGRCAMBRIDGE, MAUNIVERSITY PROGRAM$100k
MATHCOUNTS FOUNDATIONALEXANDRIA, VAGENERAL OPERATING SUPPORT$50k
CAMPERSAND COALBUQUERQUE, NMGENERAL OPERATING SUPPORT$38k
TRUSTEES OF DARTMOUTH COLLEGEHANOVER, NHUNIVERSITY RESEARCH$32k
THE GLOBAL DEVELOPMENT INCUBATOR INCWASHINGTON DC, DCTO SUPPORT LOW-INCOME STUDENTS' PARTICIPATION IN ADVANCED MATH PROGRAMMING$20k
ALPHASTAR ACADEMY LLCSANTA CLARA, CASUPPORT FOR LOW INCOME ATTENDEES$10k
JONES HBCU LEGACY FUND INCINDIANAPOLIS, INGENERAL OPERATING SUPPORT$10k
NATIONAL MATH STARS INCWILMINGTON, NCGENERAL OPERATING SUPPORTNON CASH GRANTDATE: 5/5/2024COST BASIS: 9,034FMV: 9,034$9k
Compare this foundation's grantees

Held roughly steady
over 3 years

From $225k in 2020 to $228k in 2023.

$225k
2020
$221k
2022
$228k
2023
In today's dollarsEst.
Down 12% in real terms$287k to $252k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Treasurer pay rose 1% from 2020 to 2023, while revenue rose 66%.

$225k in 2020 to $228k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2020 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CARINA INITIATIVES INC

What does the Board Treasurer of CARINA INITIATIVES INC earn?

In 2023, the Board Treasurer of CARINA INITIATIVES INC received $227,615 in total compensation. This pay is in the top 10% for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Treasurer pay at CARINA INITIATIVES INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2023 pay of the Board Treasurer at CARINA INITIATIVES INC falls in the top 10%. In 2023, the highest total compensation at CARINA INITIATIVES INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are CARINA INITIATIVES INC's revenue and expenses?

In 2023, CARINA INITIATIVES INC reported $19.1M in total revenue and $12.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.