Carrico Family Foundation
- Assets
- $33.1m
- Revenue
- $4.1m
- Investments
- $33.0m
- Employees
- 0
- Location
- Medford, OR
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-1237162
Organization Overview
Carrico Family Foundation is located in Medford, OR. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Carrico Family 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 12/2021, Carrico Family Foundation generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 13.9% 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, Carrico Family Foundation has awarded 408 individual grants totaling $10,727,406. 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 |
|---|---|---|---|
James Lowman Director/secretary | 5 | $0 | |
Magna Carrico Lowman Director/president | 5 | $0 | |
Monte D Williams Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $933,069 |
| Net Rental Income | $1,829,572 |
| Net Gain on Sale of Assets | $767,933 |
| Capital Gain Net Income | $767,933 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,067,868 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $73,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4 |
| Taxes | $237,319 |
| Depreciation | $537,294 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $333,638 |
| Total operating and administrative expenses | $1,393,563 |
| Contributions, gifts, grants paid | $2,573,200 |
| Total expenses and disbursements | $3,966,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$5,749 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $37,790 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $17,908 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,350,266 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $45,877 |
| Total assets | $33,120,720 |
| Accounts payable and accrued expenses | -$2,301 |
| 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 | $104,392 |
| Total liabilities | $102,091 |
Grants Awarded
Over the last fiscal year, Carrico Family Foundation has awarded $2,573,200 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
Medford, OR PURPOSE: GENERAL FUND | $400,000 |
Medford, OR PURPOSE: GENERAL FUND | $300,000 |
Medford, OR PURPOSE: GENERAL FUND | $270,000 |
ST MARY'S FUND PURPOSE: GENERAL FUND | $250,000 |
KIDS UNLIMITED PURPOSE: GENERAL FUNDGENERAL FUND, FIRE RELIEF FUND | $250,000 |
ASANTE FOUNDATION PURPOSE: GENERAL FUND, FIRE RELIEF FUNDS | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
Board Of Trustees Agc Trust Of Montana Spokane, WA | $18,871,331 | $11,144,345 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Tongass Timber Trust Mukilteo, WA | $5,700,029 | $5,800,281 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |