Carefree Foundation Tr 051900
- Assets
- $3.3m
- Revenue
- $117.2k
- Investments
- $3.2m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 25-6741662
Organization Overview
Carefree Foundation Tr 051900 is located in Scottsdale, AZ. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carefree Foundation Tr 051900 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Carefree Foundation Tr 051900 generated $117.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $141.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Carefree Foundation Tr 051900 has awarded 72 individual grants totaling $1,318,673. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Scott Urdang Manager | 1 | $0 | |
Marilyn Urdang Manager | 1 | $0 | |
Jennifer Stern Trustee | 1 | $0 | |
Melissa Bodie Trustee | 1 | $0 | |
Jamie Sunenshine Trustee | 1 | $0 | |
Emily Nitido Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,096 |
| Capital Gain Net Income | $57,096 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,002 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,002 |
| Contributions, gifts, grants paid | $127,225 |
| Total expenses and disbursements | $141,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,863 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,274 |
| Total assets | $3,259,294 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Carefree Foundation Tr 051900 has awarded $127,225 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BLAIR ACADEMY PURPOSE: GENERAL FUND | $100,000 |
CARE CANCER RESEARCH PURPOSE: GENERAL FUND | $5,000 |
DAMON RUNYON CANCER RESEARCH FOUNDATION PURPOSE: GENERAL FUND | $7,500 |
FRIENDS CENTRAL PURPOSE: GENERAL FUND | $925 |
DESERT MOUNTAIN FOUNDATION PURPOSE: GENERAL FUND | $350 |
UNIVERSITY OF IOWA FOUNDATION PURPOSE: GENERAL FUND | $13,450 |