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The Thomas & Agnes Carvel Foundation


Last Updated: 2016-10-14

At A Glance

The Thomas & Agnes Carvel Foundation

35 E. Grassy Sprain Rd.

Yonkers, NY United States 10710-4612

Telephone: (914) 793-7300

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2015-11-30)

Assets: $44,044,797

Total giving: $2,428,150






Established in 1976 in NY - Founded by Thomas and Agnes Carvel. The late Thomas Carvel was the founder of the soft ice cream brand, Carvel, in 1936. In the mid 1930s he borrowed $15 from his future wife, Agnes, to sell ice cream from his truck. He later sold ice cream from a store, and later still, he franchised the Carvel ice cream. He is now considered to be the father of modern franchising.

Purpose and Activities

Giving primarily for health care, including hospitals and children's hospitals, funding also for the arts, and children, youth and social services, and for higher education.

Fields of Interest

  • Arts and culture
  • Cancers
  • Child welfare
  • Health
  • Higher education
  • Hospital care
  • Human services
  • Music
  • Secondary education
  • Specialty hospital care
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2015-11-30

Assets: $44,044,797 (market value)

Gifts received: $8,059,204

Expenditures: $3,331,073

Total giving: $2,428,150

Qualifying distributions: $2,574,648

Giving activities include:

$2,428,150 for 145 grants (high: $100,000; low: $100)