Charles Morgan Carraway And Joanne M Carraway Charitable Foundation
- Assets
- $882.2k
- Revenue
- $110.0k
- Investments
- $768.0k
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 02/2005
- Data as of
- 06/2022
- EIN
- 20-1942780
Organization Overview
Charles Morgan Carraway And Joanne M Carraway Charitable Foundation is located in Baton Rouge, LA. The organization was established in 2005. 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. Charles Morgan Carraway And Joanne M Carraway Charitable 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 06/2022, Charles Morgan Carraway And Joanne M Carraway Charitable Foundation generated $110.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $162.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Stubbs Trustee | 15 | $30,000 | |
J Ferrell Carraway Trustee | 15 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,171 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $89,781 |
| Capital Gain Net Income | $89,781 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $109,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $784 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,015 |
| Total operating and administrative expenses | $108,910 |
| Contributions, gifts, grants paid | $54,000 |
| Total expenses and disbursements | $162,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $102,188 |
| 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 | $12,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $94,828 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $882,169 |
| 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 |
Grants Awarded
Over the last fiscal year, Charles Morgan Carraway And Joanne M Carraway Charitable Foundation has awarded $54,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UMMC THE MIND CENTER PURPOSE: SPECIALIZED EQUIPEMNT FOR MEMORY IMPAIRMENT AND NEURODEGENERATIVE DEMENTIA | $44,000 |
ADULT & TEEN CHALLENGE ILLINOIS PURPOSE: HELP MEN AND WOMEN 18 YEARS AND OLDER FIND FREEDOM FROM ADDITIVE HABITS | $4,000 |
FIRST BAPTIST CHURCH OF FANNIN PURPOSE: VARIOUS RELIGIOUS PURPOSES | $3,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: VARIOUS RELIGIOUS PURPOSES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |