Cartwright Foundation is located in South Bend, IN. The organization was established in 1964. 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. Cartwright 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 12/2023, Cartwright Foundation generated $53.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $62.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Cartwright Foundation has awarded 103 individual grants totaling $460,650. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - ALL FOUNDATION ACTIVITY CONSISTED OF PASSIVE INCOME PRODUCING SECURITIES INVESTED TO GENERATE INCOME FOR THE DIRECT CHARITABLE CONTRIBUTION TO OTHER CHARITABLE ORGANIZATIONS.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $78 |
Dividends & Interest | $29,982 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $23,465 |
Capital Gain Net Income | $8,923 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $53,525 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $7,500 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $49 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $785 |
Total operating and administrative expenses | $19,580 |
Contributions, gifts, grants paid | $43,000 |
Total expenses and disbursements | $62,580 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,113 |
Savings and temporary cash investments | $58,753 |
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 | $30,151 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,363,279 |
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 |
Over the last fiscal year, Cartwright Foundation has awarded $43,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
PENN BOYS SOCCER PURPOSE: ORGANIZATION'S MISSION PURPOSE | $1,500 |
KNIGHTS OF COLUMBUS COUNCIL 4263 PURPOSE: ORGANIZATION.S MISSION PURPOSE | $1,500 |
MADISON SCHOOL BOARD OF TRUSTEES PURPOSE: ORGANIZATION'S MISSION PURPOSE | $7,000 |
EPISCOPAL DIOCESE OF NORTHERN IND PURPOSE: ORGANIZATION'S MISSION PURPOSE | $5,000 |
KROC CORPS SALVATION ARMY PURPOSE: ORGANIZATION'S MISSION PURPOSE | $8,000 |
HARRIS BASEBALLSOFTBALL PURPOSE: ORGANIZATION'S MISSON PURPOSE | $20,000 |