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Cara Charitable Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $153K. Annual income is reported at $445K. Total assets have decreased from $1.7M in 2010 to $485K in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Maine. According to available records, Cara Charitable Foundation Inc. has made 31 grants totaling $1.1M, with a median grant of $8K. Annual giving has decreased from $410K in 2021 to $319K in 2023. Individual grants have ranged from $1K to $276K, with an average award of $35K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Maine, Minnesota, District of Columbia, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$23K
Largest Grant
$110K
Based on 20 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Cara Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in ME, MN, DC.
Cara Charitable Foundation Inc. has distributed a total of $1.1M across 31 grants. The median grant size is $8K, with an average of $35K. Individual grants have ranged from $1K to $276K.
Cara Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cara Charitable Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shane Flynn | Dir, Pres | $0 | $0 | N/A |
| Susan A Flynn | Dir, Treas | $0 | $0 | N/A |
| Barbara K Wheaton | Dir, Sec | $0 | $0 | N/A |
Total Giving
$333K
Total Assets
$485K
Fair Market Value
$475K
Net Worth
$485K
Grants Paid
$319K
Contributions
N/A
Net Investment Income
$36K
Distribution Amount
$28K
Total Grants
31
Total Giving
$1.1M
Average Grant
$35K
Median Grant
$8K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Our KatahdinGeneral & Unrestricted | Millinocket, ME | $276K | 2023 |
| Town Of MillinocketTown of Millinocket financial hardship fund | Millinocket, ME | $16K | 2023 |
| International Rescue Committee IncGeneral & Unrestricted | Albert Lea, MN | $8K | 2023 |
| Outdoor Sports Institute IncGeneral & Unrestricted | Caribou, ME | $5K | 2023 |
| Camden Public LibraryMillay Society Fund & Bonnie's Learning Legacy Fund | Camden, ME | $5K | 2023 |
| Good Shepherd Food BankGeneral & Unrestricted | Auburn, ME | $5K | 2023 |
| Millinocket Memorial LibraryGeneral & Unrestricted | Millinocket, ME | $3K | 2023 |
| Penobscot Bay YmcaGeneral & Unrestricted | Rockport, ME | $2K | 2023 |
| Lifeflight FoundationGeneral & Unrestricted | Camden, ME | $10K | 2022 |
| Knox County Homeless CoalitionGeneral & Unrestricted | Rockport, ME | $10K | 2022 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $10K | 2022 |
| Millinocket Regional HospitalGeneral & Unrestricted | Millinocket, ME | $5K | 2022 |
| Northern Forest Center IncOur Katahdin, Millinocket, Maine Collaboration Projects | Concord, NH | $5K | 2021 |
| Maine Public Broadcasting CorporationGeneral & Unrestricted | Lewiston, ME | $3K | 2021 |