Mary E Carnrick Foundation
- Assets
- $406.7k
- Revenue
- $264.3k
- Investments
- $226.5k
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 56-2114068
Organization Overview
Mary E Carnrick Foundation is located in Charlotte, NC. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mary E Carnrick Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Mary E Carnrick Foundation has awarded 303 individual grants totaling $3,926,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A Stuart Mckaig III Director | 0.25 | $0 | |
John Crawford Director | 0.25 | $2,000 | |
William L Maxwell Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,542 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $244,765 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $264,307 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,868 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80 |
| Total operating and administrative expenses | $23,123 |
| Contributions, gifts, grants paid | $855,000 |
| Total expenses and disbursements | $878,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,191 |
| 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 | $222,312 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $406,710 |
| 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, Mary E Carnrick Foundation has awarded $855,000 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDSHIP TRAYS - LOAVES & FISHES PURPOSE: UNRESTRICTED | $40,000 |
ADA JENKINS CENTER PURPOSE: UNRESTRICTED | $20,000 |
CARS INSPIRING YOUTH PURPOSE: UNRESTRICTED | $0 |
BETHLEHEM CENTER OF CHARLOTTE NC PURPOSE: UNRESTRICTED | $0 |
CAMP BOOMERANG OF SISKEY FAMILY YMCA PURPOSE: UNRESTRICTED | $0 |
CHARLOTTE HEALTCARE FOUNDATION PURPOSE: UNRESTRICTED | $0 |