Cardwell Foundation
- Assets
- $19.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- El Paso, TX
- Founding
- 02/1994
- Data as of
- 12/2022
- EIN
- 74-2690488
Organization Overview
Cardwell Foundation is located in El Paso, TX. The organization was established in 1994. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Cardwell Foundation 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, Cardwell Foundation generated $1.3m 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 (6.9%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE EL PASO COMMUNITY FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED VARIOUS NONPROFIT ORGANIZATIONS THROUGH DIRECT GRANT SUPPORT TO THE EL PASO COMMUNITY FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Cardwell Jr 2nd Vice Pres. | OfficerTrustee | 1 | $0 |
Alton Setliff Sec / Treas | OfficerTrustee | 1 | $0 |
Eric Pearson 3rd Vice Pres. | OfficerTrustee | 1 | $0 |
Tina Cardwell Hatch President | OfficerTrustee | 1 | $0 |
Cindi Cardwell Andrews 1st Vice Pres. | OfficerTrustee | 1 | $0 |
Bethany Hatch Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $427,202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $826,165 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,253,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,088,857 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $15,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $149,457 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,253,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $614,625 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $18,900,696 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $44,077 |
| Total assets | $19,559,398 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,421,357 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,421,357 |
| Net assets without donor restrictions | $17,138,041 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,559,398 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK | $324,040,869 | $11,766,230 |
John L Santikos Charitable Foundation San Antonio, TX | $496,690,264 | -$37,218,989 |
Bokf Foundation Tulsa, OK | $18,840,585 | $10,529,453 |
Barbara Bush Houston Literacy Foundation Houston, TX | $10,679,389 | $4,314,808 |
San Jacinto Community College Foundation Pasadena Texas Pasadena, TX | $44,430,086 | $3,138,772 |
Northshore Community Foundation Covington, LA | $35,281,290 | $6,747,266 |
Cardwell Foundation El Paso, TX | $19,559,398 | $1,253,367 |
Boys And Girls Club Of Benton County Bentonville, AR | $4,739,597 | $3,092,938 |
Highland Dallas Foundation Inc Dallas, TX | $58,559,322 | $4,564,179 |
Tarrant County College Foundation Fort Worth, TX | $35,706,902 | $3,034,806 |
William C Schumacher Family Foundation Lafayette, LA | $29,256,069 | $1,867,606 |
Charitable Holdings Ii Austin, TX | $3,026,494 | $996,055 |