Carl C Icahn Foundation is a 501(c)(3) organization based in Sunny Isles Beach, Florida, registered in 1997, with $4,662,042 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$4.7M
▲ 18.2% vs prior year
Expenses (FY2024)
$4.5M
Net assets
$138.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carl C Icahn Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carl C Icahn Foundation: 365 mo reserves · +3% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carl C Icahn Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carl C Icahn Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $4.5M (FY2013) to $4.7M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
2.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$138.1M
Total liabilities
$0
Net assets
$138.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,662,042▲18.2% | $4,541,558▲704% | $138,058,193▼1.4% | $138,058,193▼1.4% | 990PF |
| 2023 | $3,944,453▲285% | $564,812▼49.0% | $140,013,372▼5.1% | $140,013,372▼5.1% | 990PF |
| 2022 | $1,024,944▲190% | $1,106,919▲230% | $147,590,379▼1.0% | $147,590,379▼1.0% | 990PF |
| 2021 | $353,231▼98.6% | $335,418▼89.8% | $149,148,660▼0.2% | $149,153,785▼0.2% | 990PF |
| 2020 | $25,729,322▲3333% | $3,289,136▼12.1% | $149,405,510▼3.8% | $149,453,585▼20.3% | 990PF |
| 2016 | -$795,941▼117% | $3,742,367▼17.0% | $155,311,616▼4.5% | $187,406,210▼5.6% | 990 |
| 2015 | $4,762,667▲11.4% | $4,509,120▲2.5% | $162,685,896▲0.3% | $198,535,230▼0.8% | 990 |
| 2014 | $4,273,737▼5.6% | $4,399,508▼82.3% | $162,220,287▲0.3% | $200,120,467▼1.8% | 990 |
| 2013 | $4,528,753 | $24,885,001▲522% | $161,710,848▼10.7% | $203,781,503▲0.3% | 990 |
| 2012 | — | $3,999,747▲71.1% | $181,092,269▲1.0% | $203,156,232▲11.6% | 990 |
| 2011 | — | $2,337,983▲73.5% | $179,289,010▲1.3% | $181,994,971▲2.7% | 990 |
| 2010 | — | $1,347,444 | $177,059,396 | $177,264,953 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Carl C Icahn Foundation totaling $200K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Human services | 2019 | $200,000 |
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Data for Carl C Icahn Foundation (EIN 13-3913393) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.