Carrington Charitable Foundation
- Assets
- $2.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Aliso Viejo, CA
- Founding
- 10/2010
- Data as of
- 12/2021
- EIN
- 27-2073758
Organization Overview
Carrington Charitable Foundation is located in Aliso Viejo, CA. The organization was established in 2010. 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. Carrington Charitable Foundation 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 12/2021, Carrington Charitable Foundation generated $1.6m 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 (3.2%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A PLATFORM TO SUPPORT NONPROFIT ORGANIZATIONS AND COMMUNITIES ACROSS THE UNITED STATES THROUGH CAUSES THAT REFLECT THE INTERESTS OF THE COMPANY'S LEADERS AND EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S MILITARY VETERAN-FOCUSED SIGNATURE PROGRAMS OFFER DIVERSE SUPPORT FOR U.S. MILITARY VETERANS BY PROVIDING SUPPORT UNDER THE PRINCIPLES OF MOBILITY, STABILITY, PURPOSE AND PROSPERITY. CCF PROVIDES MOBILITY BY FINANCIALLY SUPPORTING THE VETERAN'S AIRLIFT COMMAND, ENSURING STABILITY BY BUILDING AND/OR RETROFITTING CUSTOM, ADAPTIVE HOMES FOR INJURED MILITARY VETERANS THROUGH CARRINGTON HOUSE, AND PROMOTES PURPOSE AND PROSPERITY BY PROVIDING MILITARY VETERANS WITH NEW ENTREPRENEURSHIP OPPORTUNITIES AND SUPPORTING OTHER NONPROFITS FOCUSED ON ASSISTING OUR MILITARY VETERANS' RETURN TO CIVILIAN LIFE. CARRINGTON HOUSE PROVIDES WOUNDED MILITARY VETERANS OF THE IRAQ AND AFGHANISTAN CONFLICTS A HOME TO MAKE THEIR OWN AND MODIFIED TO THEIR PARTICULAR NEEDS. IN 2017,THE FOUNDATION LAUNCHED A PROGRAM TO GRANT NEW OR SUBSTANTIALLY MODIFIED AND INDIVIDUALLY ADAPTED RETROFITTED HOMES TO QUALIFYING WOUNDED MILITARY VETERAN FAMILIES, TO ENABLE THE WOUNDED MILITARY VETERANS AND THEIR FAMILIES TO LIVE INDEPENDENTLY AND OVERCOME THE NEW CHALLENGES IN THEIR LIVES RESULTING FROM THEIR INJURIES SUSTAINED WHILE SERVING OUR COUNTRY. EACH HOME IS DESIGNED TO MEET THE SPECIAL NEEDS OF EACH SEVERELY WOUNDED MILITARY VETERAN AND THEIR FAMILY.
THE FOUNDATION SUPPORTS CHARITIES THROUGH THE COLLECTIVE EFFORTS OF THE CCF BOARD OF DIRECTORS AND ASSOCIATES OF THE CARRINGTON FAMILY OF COMPANIES IN AN EFFORT TO ENCOURAGE ASSOCIATE PARTICIPATION AND MAXIMIZE CONTRIBUTIONS TO THOSE CHARITIES. CCF SEEKS TO PROMOTE GIVING BACK TO THE COMMUNITY THROUGH SUPPORT OF THE CHOSEN CHARITIES WHICH REFLECT THE INTERESTS AND PASSIONS OF CARRINGTON ASSOCIATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Lawrence Director And Vice Chair | OfficerTrustee | 35 | $0 |
Tim Richthammer Treasurer | Officer | 1 | $0 |
Rosemary Rose Chairpereson & Director | Trustee | 30 | $0 |
Lori Grigg Director And Vice Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,252,202 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,302 |
| Noncash contributions included in lines 1a–1f | $275,080 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,720,504 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$139,053 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,581,451 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $892,404 |
| Grants and other assistance to domestic individuals. | $970,593 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,374 |
| Information technology | $18,429 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,937,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,455,798 |
| Savings and temporary cash investments | $15,021 |
| Pledges and grants receivable | $216,597 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $115,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,802,416 |
| Accounts payable and accrued expenses | $568,732 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $14,763 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $583,495 |
| Net assets without donor restrictions | $2,218,921 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,802,416 |
Grants Awarded
Over the last fiscal year, Carrington Charitable Foundation has awarded $857,778 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: GENERAL SUPPORT OF ORGANIZATIONS MISSION | $400,000 |
Minneapolis, MN PURPOSE: GENERAL SUPPORT OF ORGANIZATIONS MISSION | $350,630 |
Manchester, ME PURPOSE: GENERAL SUPPORT OF ORGANIZATIONS MISSION | $100,000 |
Rye Brook, NY PURPOSE: GENERAL SUPPORT OF ORGANIZATIONS MISSION | $7,148 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carrington Charitable Foundation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Mutual One Charitable Foundation Framingham, MA PURPOSE: GENERAL SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |