Carrico Family Foundation
- Assets
- $29.3m
- Revenue
- $3.3m
- Investments
- $28.9m
- Employees
- 0
- Location
- Medford, OR
- Founding
- 10/2014
- Data as of
- 12/2023
- 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 12/2023, Carrico Family Foundation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $4.2m during the year ending 12/2023. While expenses have increased by 11.3% per year over the past 9 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 530 individual grants totaling $16,309,806. 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 |
|---|---|---|---|
Magna Carrico Lowman Director/president | 5 | $0 | |
Monte D Williams Director/secretary | 1 | $0 | |
James Grantland Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $861,213 |
| Net Rental Income | $1,942,314 |
| Net Gain on Sale of Assets | -$74,857 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,265,964 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $231,779 |
| Depreciation | $537,294 |
| Occupancy | $5,650 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $455,566 |
| Total operating and administrative expenses | $1,420,274 |
| Contributions, gifts, grants paid | $2,744,600 |
| Total expenses and disbursements | $4,164,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,644 |
| 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 | $9,766,409 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $45,877 |
| Total assets | $29,283,510 |
| Accounts payable and accrued expenses | -$26,840 |
| 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 | $69,811 |
| Total liabilities | $42,971 |
Grants Awarded
Over the last fiscal year, Carrico Family Foundation has awarded $2,744,600 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
1ST PHOENIX COMMUNITY CENTER PURPOSE: GENERAL FUND | $7,000 |
ASANTE FOUNDATION PURPOSE: GENERAL FUND | $200,000 |
ACCESS PURPOSE: GENERAL FUND | $15,000 |
ALS ASSOC OF OR AND SW WA PURPOSE: GENERAL FUND | $8,000 |
BUTTE FALLS COMMUNITY SCHOOL PARTNERSHIP PURPOSE: GENERAL FUND | $10,000 |
COMMUNITY WORKS PURPOSE: GENERAL FUND | $150,000 |