Carter Family Charitable Trust

Organization Overview

Carter Family Charitable Trust is located in Little Compton, RI. The organization was established in 1992. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Carter Family Charitable Trust 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 06/2022, Carter Family Charitable Trust generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 67.4% each year . All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 63.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Carter Family Charitable Trust has awarded 15 individual grants totaling $3,503,405. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Letitia M Carter
Trustee
$0
Richard G Small
Trustee
$120,000
John S Carter III
Trustee
$120,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,030,375
Interest on Savings $0
Dividends & Interest $1,280,568
Net Rental Income$0
Net Gain on Sale of Assets $1,683,979
Capital Gain Net Income $1,683,979
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,994,922

Grants Awarded

Over the last fiscal year, Carter Family Charitable Trust has awarded $2,134,144 in support to 2 organizations.

Grant RecipientAmount

COMMUNITY PREPARATORY SCHOOL

PURPOSE: GENERAL OPERATIONS

$2,700

RHODE ISLAND FOUNDATION

PURPOSE: GENERAL CHARITABLE PURPOSES

$2,131,444
View Grant Profile

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