The Carter Family Foundation
- Assets
- $0.0
- Revenue
- $87.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- Data as of
- 12/2017
- EIN
- 36-4212272
Organization Overview
The Carter Family Foundation is located in Arlington Heights, IL.
For the year ending 12/2017, Carter Family Foundation generated $87.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 72.4% each year . All expenses for the organization totaled $688.9k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. PETER LUTHERAN CHURCH ($28,200 DONATION)
NEW STARTS/NEW BELIEVERS ($1,000 DONATION)
LUTHERAN CHURCH MISSOURI SYNOD ($648,814 DONATION)
LUTHERANS FOR LIFE ($500 DONATION)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Carter Director | 2 | $0 | |
Janet Carter Director | 2 | $0 | |
James Carter III Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $496 |
| Dividends & Interest | $9,693 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,317 |
| Capital Gain Net Income | $77,317 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,571 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48 |
| Total operating and administrative expenses | $7,727 |
| Contributions, gifts, grants paid | $681,159 |
| Total expenses and disbursements | $688,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, The Carter Family Foundation has awarded $681,159 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST PETER LUTHERAN CHURCH PURPOSE: CHARITABLE | $28,000 |
THE LUTHERAN CHURCH MISSOURI SYNOD FOUNDATION PURPOSE: CHARITABLE | $648,814 |
NEW STARTS NEW BELIEVERS PURPOSE: CHARITABLE | $1,000 |
ALL OTHER CHARITIES (LESS THAN 1000 EACH) PURPOSE: CHARITABLE | $3,345 |