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Carter Family Foundation is a private corporation based in GARFIELD, AR. The foundation received its IRS ruling in 2019. The principal officer is Duan A Carter. It holds total assets of $219K. Annual income is reported at $138K. The foundation is governed by 2 officers and trustees. Providing financial assistance to The Seed Company and Hillsdale College. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 5 states, including Texas, Michigan, Arkansas. According to available records, Carter Family Foundation has made 34 grants totaling $113K, with a median grant of $3K. Annual giving has grown from $15K in 2020 to $30K in 2023. Grantmaking activity was highest in 2022 with $46K distributed across 14 grants. Individual grants have ranged from $1K to $9K, with an average award of $3K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Texas, Utah, Arkansas, which account for 65% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 7 grants from the most recent 990-PF filing.
Providing financial assistance to The Seed Company and Hillsdale College
Expenses: $5K
Providing financial assistance to Operation Underground Railroad
Expenses: $6K
Providing financial assistance to Compassiona International Inc
Expenses: $2K
Providing financial assistance to Mercury One-The Nazarene Fund
Expenses: $9K
Providing financial assistance to The Seed Company and Hillsdale College. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in TX, UT, AR.
Carter Family Foundation has distributed a total of $113K across 34 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $1K to $9K.
Carter Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carter Family Foundation is headquartered in GARFIELD, AR. While based in AR, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Duane Carter | Chairman-CEO | $0 | $0 | N/A |
| Lynn Carter | Secretary-Treasurer | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$209K
Fair Market Value
$368K
Net Worth
$209K
Grants Paid
$30K
Contributions
$5K
Net Investment Income
$24K
Distribution Amount
$15K
Total Grants
34
Total Giving
$113K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cross ChurchTo further its exempt purposes | Rogers, AR | $3K | 2023 |
| Operation Underground RailroadTo further its exempt purposes | Cedar City, UT | $5K | 2023 |
| Rescue 1 GlobalTo further its exempt purposes | Brentwood, TN | $4K | 2023 |
| A21 Usa IncTo further its exempt purposes | Fort Worth, TX | $4K | 2023 |
| Mercury One The Nazarene FundTo further its exempt purposes | Irving, TX | $4K | 2023 |
| PrebornTo further its exempt purposes | Indianapolis, IN | $3K | 2023 |
| Hillsdale CollegeTo further its exempt purposes | Hillsdale, MI | $2K | 2023 |
| The Seed CompanyTo further its exempt purposes | Arlington, TX | $2K | 2023 |
| Mercury One Inc-Maximum Impact FundTo further its exempt purposes | Irving, TX | $2K | 2023 |
| Compassion InternationalTo further its exempt purposes | Colorado Springs, CO | $1K | 2023 |
| Mercury One IncTo further its exempt purposes | Irving, TX | $4K | 2022 |
| The Nazarene FundTo further its exempt purposes | Irving, TX | $1K | 2022 |