Andrew & Eula Carlos Foundation Inc is located in Atlanta, GA. The organization was established in 0000. 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. Andrew & Eula Carlos 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 12/2023, Andrew & Eula Carlos Foundation Inc generated $5.0 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 (57.9%) each year. All expenses for the organization totaled $4.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Andrew & Eula Carlos Foundation Inc has awarded 142 individual grants totaling $11,569,132. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DOES NOT HAVE ANY DIRECT CHARITABLE ACTIVITIES. ALL CONTRIBUTIONS ARE MADE TO EXEMPT ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen A Carlos Secretary | 0 | $0 | |
John A Carlos President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $150 |
| Contributions, gifts, grants paid | $4,126 |
| Total expenses and disbursements | $4,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,318 |
| Savings and temporary cash investments | $3,373 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $2,458,767 |
| 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 | $2,467,458 |
| 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 | $1,575 |
| Total liabilities | $1,575 |
Over the last fiscal year, Andrew & Eula Carlos Foundation Inc has awarded $380,910 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SHEPHERD CENTER PURPOSE: MEDICAL RESEARCH | $100,000 |
MUSCULAR DYSTROPHY ASSOCIATION PURPOSE: MEDICAL RESEARCH | $17,200 |
INTERNATIONAL ORTHODOX CHRISTIAN CHARITY PURPOSE: RELIGIOUS | $50,000 |
HOLY TRANSFIGURATION GREEK ORTHODOX PURPOSE: RELIGIOUS | $35,000 |
CHILDREN'S HEALTHCARE OF ATLANTA PURPOSE: MEDICAL | $41,500 |
CAMP TWIN LAKES PURPOSE: COMMUNITY SERVICE | $10,000 |