Carle Development Foundation
- Assets
- $70.5m
- Revenue
- $11.2m
- Investments
- $14.6m
- Employees
- 23
- Location
- Urbana, IL
- Founding
- 11/1984
- Data as of
- 12/2021
- EIN
- 37-1159978
Organization Overview
Carle Development Foundation, operating under the name Carle Center For Philanthropy, is located in Urbana, IL. The organization was established in 1984. As of 12/2021, Carle Center For Philanthropy employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carle Center For Philanthropy 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 12/2021, Carle Center For Philanthropy generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $5.3m during the year ending 12/2021. While expenses have increased by 8.2% per year over the past 7 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 2014, Carle Center For Philanthropy has awarded 58 individual grants totaling $20,809,042. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO SUPPORT THE CARLE FOUNDATION MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WILL'S GARDEN - WILL'S GARDEN HONORS THE MEMORY OF THE BOY WHOSE BRAVE BATTLE WITH LEUKEMIA INSPIRED ITS CREATION WHILE PROVIDING A RELAXING SPACE FOR OTHER FAMILIES GOING THROUGH DIFFICULT TIMES. THE NEW ROOFTOP GARDEN PROVIDES A RELAXING PLACE FOR PATIENTS, VISITORS, AND STAFF TO REST, RELIEVE STRESS, CLEAR THEIR HEADS, HEAL OR JUST BE WITH ONE ANOTHER.
CARLE AUXILIARY GUEST HOUSE-THE GUEST HOUSE PROVIDES A HOME AWAY FROM HOME FOR THOUSANDS OF FAMILY MEMBERS NEEDING OVERNIGHT ACCOMMODATIONS WHILE THEIR LOVED ONE RECEIVES CARE AT CARLE. CHARITABLE DONATIONS ARE USED TO COVER THE OPERATIONAL COSTS OF THE GUEST HOUSE, KEEPING THE COST OF THE SERVICE FREE TO GUESTS, FAMILY AND FRIENDS WHO WANT TO BE CLOSE TO THEIR HOSPITALIZED LOVED ONES.
HEALTHY BEGINNINGS-THIS PROGRAM WORKS CLOSELY WITH COMMUNITY PARTNERS TO BUILD A CULTURE OF HEALTH. BY OFFERING SERVICES SUCH AS NURSE HOME VISITS, MOBILE CLINIC SERVICES, CHILD AND FAMILY EDUCATION AND HEALTHY FOOD ACCESS, HEALTHY BEGINNINGS ENSURES CHILDREN AND THEIR FAMILIES-REGARDLESS OF LIFE CIRCUMSTANCES-HAVE AN OPPORTUNITY TO BE PROSPEROUS AND LIVE THE HEALTHIEST LIFE THEY CAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lizbeth Katsinas Vp-Ctr For Philanthropy | Officer | 40 | $352,933 |
Shelleigh Birlingmair Vp, Bromenn & Eureka Dvlpmnt | Officer | 40 | $165,452 |
Roger Laramee Dir-Development | 40 | $144,199 | |
Laura Caveny Dir-Dvlpmnt & Grateful Giv Cfh | 40 | $102,606 | |
James C Leonard MD Ex Officio Of Bd, Pres & CEO | OfficerTrustee | 1 | $0 |
Bud Leister Secretary Of Board | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $315,957 |
| Related organizations | $2,156,837 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,321,204 |
| Noncash contributions included in lines 1a–1f | $51,347 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,793,998 |
| Total Program Service Revenue | $0 |
| Investment income | $797,428 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,585,181 |
| Net Income from Fundraising Events | $10,214 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,227,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,745,205 |
| Grants and other assistance to domestic individuals. | $88,794 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $603,125 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $760,055 |
| Pension plan accruals and contributions | $41,803 |
| Other employee benefits | $70,897 |
| Payroll taxes | $54,702 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $339 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $106 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,805 |
| Fees for services: Other | $61,069 |
| Advertising and promotion | $6,196 |
| Office expenses | $50,636 |
| Information technology | $30,283 |
| Royalties | $0 |
| Occupancy | $279,564 |
| Travel | $4,180 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,440 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,142 |
| Insurance | $610 |
| All other expenses | $0 |
| Total functional expenses | $5,320,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,831,773 |
| Pledges and grants receivable | $2,221,144 |
| Accounts receivable, net | $84,988 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $52 |
| Net Land, buildings, and equipment | $11,147,645 |
| Investments—publicly traded securities | $39,570,954 |
| Investments—other securities | $14,550,322 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,461 |
| Total assets | $70,454,339 |
| Accounts payable and accrued expenses | $373,701 |
| Grants payable | $0 |
| Deferred revenue | $10,406 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,026,215 |
| Total liabilities | $21,410,322 |
| Net assets without donor restrictions | $17,469,911 |
| Net assets with donor restrictions | $31,574,106 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,454,339 |
Grants Awarded
Over the last fiscal year, Carle Development Foundation has awarded $3,006,637 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Urbana, IL PURPOSE: PATIENCE SUPPORT AND EDUCATION | $1,101,649 |
Urbana, IL PURPOSE: PROGRAM SUPPORT & EDUCATION | $824,029 |
Urbana, IL PURPOSE: PATIENT SUPPORT AND EDUCATION | $564,631 |
Urbana, IL PURPOSE: PATIENT SUPPORT AND EDUCATION | $219,542 |
Urbana, IL PURPOSE: PROGRAM SUPPORT AND RESEARCH | $81,687 |
Olney, IL PURPOSE: COVID-19 SUPPLIES | $65,947 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Carle Development Foundation has recieved totaling $2,333,138.
| Awarding Organization | Amount |
|---|---|
The Carle Foundation Urbana, IL PURPOSE: INTERNAL FUNDING | $2,156,837 |
United Way Of Champaign County Illinois Inc Savoy, IL PURPOSE: UNDESIGNATED AND PROGRAM RESTRICTED FUNDS TO FURTHER ORGANIZATION'S EXEMPT PURPOSE | $98,918 |
Meyer Charitable Foundation Champaign, IL PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $14,085 |
Commerce Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $11,468 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,830 |
Endowment Analysis
| Beg. Balance | $9,005,618 |
| Earnings | $1,231,712 |
| Net Contributions | $518,076 |
| Other Expense | $130,165 |
| Ending Balance | $10,625,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fort Wayne Medical Society Foundation Inc Fort Wayne, IN | $12,399,557 | $11,660,059 |
Metastar Inc Madison, WI | $8,260,290 | $12,383,276 |
Matthew 25 Inc Fort Wayne, IN | $8,169,823 | $7,820,426 |
National Assoc For Health Care Quality Chicago, IL | $9,263,284 | $8,356,035 |
Carle Development Foundation Urbana, IL | $70,454,339 | $11,227,121 |
American Association Of Physicians Of India Orgin Oak Brook, IL | $5,929,645 | $2,661,362 |
Academy Of Communication In Healthcare Inc Lexington, KY | $2,030,393 | $1,262,328 |
Caylor Nickel Foundation Inc Bluffton, IN | $5,945 | $508,743 |
Champaign County Health Care Consumers Champaign, IL | $417,273 | $467,963 |
Beaver Dam Community Hospitals Fdn Inc Beaver Dam, WI | $5,289,230 | $733,279 |
Arthroplasty Foundation Inc Louisville, KY | $115,171 | $0 |
The Porter-Starke Services Foundation Inc Valparaiso, IN | $1,134,461 | $160,002 |