G H Carter & G N Carter Mem Scholars
- Assets
- $868.9k
- Revenue
- $211.8k
- Investments
- $805.3k
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 32-6336432
Organization Overview
G H Carter & G N Carter Mem Scholars is located in Orlando, FL. The organization was established in 2015. 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. G H Carter & G N Carter Mem Scholars 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 12/2023, G H Carter & G N Carter Mem Scholars generated $211.8k in total revenue. All expenses for the organization totaled $54.8k during the year ending 12/2023.
Since 2016, G H Carter & G N Carter Mem Scholars has awarded 51 individual grants totaling $407,940. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $462 |
| Dividends & Interest | $24,883 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $186,455 |
| Capital Gain Net Income | $186,455 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $211,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,673 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $214 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $9,752 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $54,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469 |
| Savings and temporary cash investments | $61,730 |
| 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 | $1,415 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $679,772 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $868,899 |
| 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, G H Carter & G N Carter Mem Scholars has awarded $45,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AVERY B EVANS - LONGWOOD UNIV PURPOSE: SCHOLARSHIP | $5,000 |
HITE N JONES - OLD DOMINION UNIV PURPOSE: SCHOLARSHIP | $5,000 |
LILLIE S PURYEAR -RANDOLPH-MACON COLLEGE PURPOSE: SCHOLARSHIP | $5,000 |
KAITLYN M LYNCH - MARY BALDWIN UNIV PURPOSE: SCHOLARSHIP | $15,000 |
TAYLOR B CAPPS - NOVA SOUTHEASTERN UNIV PURPOSE: SCHOLARSHIP | $13,000 |
SKYLAR A WALKER - LONGWOOD UNIV PURPOSE: SCHOLARSHIP | $2,000 |