Carl Family Foundation Inc
- Assets
- $170.0k
- Revenue
- $20.0k
- Investments
- $169.2k
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 45-4471675
Organization Overview
Carl Family Foundation Inc is located in Lexington, KY. The organization was established in 2012. 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. Carl Family Foundation Inc 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, Carl Family Foundation Inc generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $83.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Carl Family Foundation Inc has awarded 279 individual grants totaling $850,000. 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 |
|---|---|---|---|
Molly K Thomas President | 0 | $0 | |
Jennifer S Howard Vice President | 0 | $0 | |
Elizabeth B Strong Secretary | 0 | $0 | |
Sarah C Monell Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,553 |
| Capital Gain Net Income | $13,553 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,885 |
| Total Revenue | $19,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $424 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,081 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $83,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $843 |
| 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 | $170,030 |
| 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, Carl Family Foundation Inc has awarded $80,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
RADIO EYE PURPOSE: SUPPORT FOR READING OF CURRENT NEWSPAPERS AND OTHER PRINTED MATERIALS TO BLIND AND PRINT-DISABLED RESIDENTS OF KENTUCKY | $2,500 |
CENTRAL KENTUCKY RIDING FOR HOPE PURPOSE: SUPPORT TO IMPROVE THE QUALITY OF LIFE OF SPECIAL NEEDS PEOPLE THROUGH HORSE ACTIVITIES | $5,000 |
FOSTER CARE COUNCIL PURPOSE: PROVIDE TUTOR, CLOTHING AND ENRICHMENT ACTIVITIES FOR FOSTER CHILDREN | $3,000 |
THE NEST CENTER FOR WOMEN PURPOSE: SUPPORT FOR PROVISION OF COUNSELING, EDUCATION, CHILDCARE, AND SUPPLIES FOR FAMILIES IN CRISIS | $2,000 |
FISHER CENTER PURPOSE: SUPPORT FOCUSED ON THE CAUSE, CARE, AND CURE FOR ALZHEIMER'S DISEASE | $1,000 |
ARTHRITIS NATIONAL RESEARCH FOUNDAT PURPOSE: SUPPORT FOR CUTTING EDGE RESEARCH TO CURE ATHRITIS | $1,000 |