The Caruso Foundation dba Caruso Entrepreneurship Initiative
Invitation OnlyBoulder, Colorado · EIN 84-1559444 · Private foundation
Grants paid (2024)$1.5M
Organizations funded32
Typical grant$10,000
Total assets$51.1M
Half of its grants to organizations were between $3,000 and $40,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
25% of grants went outside Colorado.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| University of Colorado Foundation | Denver, CO | Program Funding | $355,000 |
| University of Chicago Booth School of Business | Chicago, IL | Program Funding | $250,000 |
| University of Illinois | Urbana, IL | Program Funding | $225,000 |
| Boulder Police Foundation | Boulder, CO | Program Funding | $111,000 |
| Greenhouse Scholars | Boulder, CO | Program Funding | $92,700 |
| Elevate Quantum | Albuquerque, NM | Program Funding | $75,000 |
| Endeavor Colorado | Denver, CO | Program Funding | $64,473 |
| National Center for Women & Information Technology | Boulder, CO | Program Funding | $50,000 |
| Access Opportunity | Boulder, CO | Program Funding | $40,000 |
| Evans Scholars Foundation | Glenview, IL | Program Funding | $25,000 |
| Operation Walk Denver | Denver, CO | Program Funding | $25,000 |
| Denver Metro Convention & Visitors Bureau | Denver, CO | Program Funding | $25,000 |
| Unite America Institute | Denver, CO | Program Funding | $20,000 |
| Boulder Cancer Fighters | Boulder, CO | Program Funding | $15,000 |
| Colorado Forum Fund Inc | Denver, CO | Program Funding | $13,500 |
| Boulder Community Health Foundation | Boulder, CO | Program Funding | $10,000 |
| Breakthrough Alliance of Colorado | Denver, CO | Program Funding | $10,000 |
| El Dorado Foundation Inc | Scottsdale, AZ | Program Funding | $10,000 |
| Growing Gardens of Boulder | Boulder, CO | Program Funding | $10,000 |
| Tennyson Center for Children | Denver, CO | Program Funding | $10,000 |
| Mayo Clinic | Rochester, MN | Program Funding | $10,000 |
| Memorial Sloan Kettering Cancer Center | New York, NY | Program Funding | $10,000 |
| Denver Civic Ventures | Denver, CO | Program Funding | $8,000 |
| Big Green | Denver, CO | Program Funding | $5,000 |
| Colorado Women's Chamber Foundation | Denver, CO | Program Funding | $3,000 |
| Colorado Drive Foundation | Westminster, CO | Program Funding | $2,500 |
| Glider | Boulder, CO | Program Funding | $2,000 |
| Camp Kesem | Covina, CA | Program Funding | $1,018 |
| Soaring Heights | Erie, CO | Program Funding | $1,000 |
| Colorado Business Roundtable | Greenwood Village, CO | Program Funding | $1,000 |
| Niwot Elementary | Longmont, CO | Program Funding | $1,000 |
| Tara Institute of Performing Arts | Boulder, CO | Program Funding | $1,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $1,482,191 | 32 |
| 2023 | $1,726,200 | 37 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 13, 2025 - IRS e-file batch, object ID 202533179349102878
- IRS Tax Exempt Organization Search for EIN 84-1559444
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.