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    W P CAREY FOUNDATION INC

    Supporting OrganizationIRS data 2022–2024
    NEW YORK, NYEIN 133597510 Website

    Annual Giving

    $24.6M-2% YoY

    Grants

    141

    Median Grant

    $5K

    Organizations Funded

    104

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    Foundation Overview

    Mission

    The W. P. Carey Foundation's primary mission is to support educational institutions with the larger goal of improving America's competitiveness in the world. The Foundation's giving philosophy is inspired by the Carey family's legacy of educational leadership and philanthropy.

    Focus Areas

    higher educationindependent k-12 schoolshospital-based medical carecancer researchpediatric healthcareenvironmental conservationmarine restorationmuseums and public history

    Funded Initiatives

    $125M University Pennsylvania Law School 2019 renamed Carey Law School, $50M+ Arizona State University business school over two decades, $50M Johns Hopkins 2006 Carey Business School, $25M NewYork-Presbyterian, 2025 Philanthropist of the Year Award recipient, support K-12 schools hospitals performing arts organizations museums.

    How to Apply

    The W. P. Carey Foundation does not accept unsolicited proposals. The majority of our giving is directed to organizations with longstanding ties to the Carey family. We primarily support organizations whose work matches our giving priorities and which have proven capacity to steward funds and get results.

    Does Not Fund

    Does not accept unsolicited proposals. Majority giving directed to organizations with longstanding ties to Carey family. Must match giving priorities and have proven capacity. Focus on educational institutions particularly business and legal education.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-2%

    $24.6M

    Grants

    141

    Median

    $5K

    States

    24

    2023-9%

    $25.2M

    Grants

    144

    Median

    $5K

    States

    26

    2022

    $27.5M

    Grants

    148

    Median

    $5K

    States

    25

    Grant Size Distribution

    $5K

    Typical Grant (Median)

    $100

    Smallest

    $1K

    25th Pctile

    $13K

    75th Pctile

    $7.5M

    Largest

    Excludes grants ≤ $5K. Half fall between $1K and $13K.

    Largest Recent Grants

    $7.5M

    2024

    UNIVERSITY OF PENNSYLVANIA

    PA · CHARITABLE

    $5.1M

    2024

    NEW YORK PRESBYTERIAN HOSPITAL

    NY · CHARITABLE

    $5.0M

    2024

    ARIZONA STATE UNIVERSITY

    AZ · CHARITABLE

    $3.5M

    2024

    JOHNS HOPKINS UNIVERSITY

    MD · CHARITABLE

    $1.0M

    2024

    ZOOLOGICAL SOCIETY OF PHILADELPHIA

    PA · CHARITABLE

    Geographic Focus

    PA
    $8.7M22 grants
    NY
    $5.5M43 grants
    AZ
    $5.0M1 grants
    MD
    $4.7M17 grants
    CT
    $252K3 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $513.7M
    $24.6M(4.8%)
    2023
    $527.9M
    $25.2M(4.8%)
    2022
    $541.0M
    $27.5M(5.1%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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