Carey Foundation Inc
- Assets
- $249.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saddle River, NJ
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 45-4907360
Organization Overview
Carey Foundation Inc is located in Saddle River, NJ. The organization was established in 2012. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carey Foundation Inc 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, Carey Foundation Inc generated $174.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $181.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CAREY FOUNDATION RAISES FUNDS AND, THROUGH OUR GRANT PROGRAM, ALLOCATES THE FUNDS TO OTHER ORGANIZATIONS, WHICH IN TURN, DISTRIBUTE THE FUNDS TO MEN AND WOMEN WITH BREAST CANCER. THESE GRANTS HELP COVER INCIDENTAL COSTS NOT COVERED BY INSURANCE SUCH AS CHILDCARE, WIGS, LYMPHEDEMA GARMENTS, MORTGAGE PAYMENTS, AND TRANSPORTATION. OUR GRANTS ALSO FUND A RESOURCE PROGRAM THAT HELPS NAVIGATE THE NEWLY DIAGNOSED PATIENTS AND SURVIVORS THROUGH THE OVERWHELMING TASK OF RESEARCHING, APPLYING FOR, AND RECEIVING FINANCIAL SUPPORT. TO MAINTAIN DIRECT CONTACT WITH OUR COMMUNITY OF BREAST CANCER SURVIVORS, WE OFFER A SMALL GRANT PROGRAM TO COVER GAS AND GROCERY EXPENSES. TO RECEIVE FUNDS THE PATIENT MUST SUPPLY PROOF OF DIAGNOSIS FROM HIS/HER PHYSICIAN. WE ALSO PROVIDE CHEER PACKAGES THAT INCLUDE VARIOUS ITEMS; PATIENTS CAN NOMINATE THEMSELVES, A FAMILY MEMBER OR FRIEND. THE NOMINEE WILL RECEIVE A SET OF POSTCARDS WITH A SPECIAL NOTE FROM LINDA, THE CO-FOUNDER AND BREAST CANCER SURVIVOR, ALONG WITH SOME OTHER TREATS, DEPENDING ON WHAT SUPPLIES OR PRODUCTS WE HAVE AVAILABLE, THAT WE SHIP TO RANDOMLY SELECTED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Lancaster-Carey President/executive Director | 45 | $43,820 | |
Bob Carey Vice President | 15 | $0 | |
Marybeth Leet Secretary/treasurer | 3 | $0 | |
Jessica Doelling Director | 2 | $0 | |
Marcela Shine Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,748 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $180 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,089 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,550 |
| Professional fees and other payments to independent contractors | $14,265 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,529 |
| Other expenses | $24,857 |
| Total expenses | $181,118 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,223 |
| Other assets | $0 |
| Total assets | $249,084 |
| Total liabilities | $4,735 |
| Net assets or fund balances | $244,349 |
Grants Awarded
Over the last fiscal year, Carey Foundation Inc has awarded $61,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FOR3SISTERS PURPOSE: GENERAL SUPPORT | $15,000 |
LIVING BEYOND BREAST CANCER PURPOSE: GENERAL SUPPORT | $46,500 |