Carpenter Family Foundation is located in Nashville, TN. 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. Carpenter Family 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 12/2023, Carpenter Family Foundation generated $581.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Carpenter Family Foundation has awarded 11 individual grants totaling $3,256,450. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,756 |
| Interest on Savings | $90,940 |
| Dividends & Interest | $270,058 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$81,122 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,076 |
| Total Revenue | $581,708 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,867 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $153,559 |
| Contributions, gifts, grants paid | $850,000 |
| Total expenses and disbursements | $1,003,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,950 |
| Savings and temporary cash investments | $448,614 |
| 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 | $5,465,936 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,935,272 |
| 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 |
Over the last fiscal year, Carpenter Family Foundation has awarded $850,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF MIDDLE TENNESSEE PURPOSE: RELIGIOUS | $500,000 |
LIVE LIKE LOU FOUNDATION PURPOSE: ALS RESEARCH AND FAMILY SUPPORT | $100,000 |
CROSSROADS CAMPUS PURPOSE: AFFORDABLE HOUSING YOUNG ADULTS | $100,000 |
FRIENDS OF WARNER PARKS PURPOSE: PARK CONSERVATION | $150,000 |