Carson Fam Charitable Tr
- Assets
- $302.4m
- Revenue
- $144.7m
- Investments
- $174.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1991
- Data as of
- 12/2020
- EIN
- 13-6957038
Organization Overview
Carson Fam Charitable Tr is located in New York, NY. The organization was established in 1991. 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. Carson Fam Charitable Tr 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 12/2020, Carson Fam Charitable Tr generated $144.7m in total revenue. All expenses for the organization totaled $67.2m during the year ending 12/2020. While expenses have increased by 28.6% per year over the past 3 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 2020, Carson Fam Charitable Tr has awarded 200 individual grants totaling $61,210,455. 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) | Role | Hours | Compensation |
|---|---|---|---|
Cecily Carson Co Trustee | 40 | $290,290 | |
Amy Stevens Executive Vice President | 40 | $263,900 | |
Edward S Carson Co-Trustee | 15 | $25,000 | |
Judith Carson Co Trustee | 15 | $0 | |
Russell Carson Co Trustee | 20 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accolade Partners | 12/30/20 | $737,950 |
Growth Catalyst Partners | 12/30/20 | $530,516 |
Casdin Partners | 12/30/20 | $286,776 |
Emergence Capital | 12/30/20 | $291,259 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,013,878 |
| Interest on Savings | $0 |
| Dividends & Interest | $956,907 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $101,253,638 |
| Capital Gain Net Income | $94,295,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,508,257 |
| Total Revenue | $144,716,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $579,190 |
| Other employee salaries and wages | $186,049 |
| Pension plans, employee benefits | $306,610 |
| Interest | $602,083 |
| Taxes | $1,708,770 |
| Depreciation | $0 |
| Occupancy | $560,395 |
| Travel, conferences, and meetings | $7,934 |
| Printing and publications | $0 |
| Other expenses | $104,833 |
| Total operating and administrative expenses | $5,956,008 |
| Contributions, gifts, grants paid | $61,210,455 |
| Total expenses and disbursements | $67,166,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,791,415 |
| Savings and temporary cash investments | $126,461,403 |
| 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 | $146,930,012 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $302,357,968 |
| 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 | $16,866,000 |
| Total liabilities | $16,866,000 |
Grants Awarded
Over the last fiscal year, Carson Fam Charitable Tr has awarded $61,210,455 in support to 200 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK GENOME CENTER PURPOSE: PLEDGE | $5,071,767 |
COLUMBIA BUSINESS SCHOOL PURPOSE: CAPITAL CAMPAIGN | $3,723,356 |
ROCKEFELLER UNIVERSITY PURPOSE: CAPITAL CAMPAIGN | $2,422,500 |
CENTRAL PARK CONSERVANCY PURPOSE: HARLEM MEER PROJECT WITH 100K SEM STOCK | $2,124,800 |
NEW YORK-PRESBYTERIAN HOSPITAL PURPOSE: PROCEEDS TO BE APLIED TO THE CONSTRUCTION, EQUIPPING AND OPERATION OF THE HOSPITAL FOR WOMEN AND NEWBORNS IN THE DAVID H. KOCH BUILDING OF THE HOSPITAL | $2,000,000 |
ROCKEFELLER UNIVERSITY PURPOSE: PRESIDENTS FUND IN HONOR OF RICK LIFTON | $2,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J E Barbey 8 Tenacre Foundation Pittsburgh, PA | $817,905 | $68,136,758 |
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |