Carson Foundation
- Assets
- $3.0m
- Revenue
- $107.2k
- Investments
- $2.8m
- Employees
- 0
- Location
- Salisbury, NC
- Founding
- 05/2014
- Data as of
- 12/2020
- EIN
- 46-3674377
Organization Overview
Carson Foundation is located in Salisbury, NC. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carson 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 12/2020, Carson Foundation generated $107.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $197.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Carson Foundation has awarded 111 individual grants totaling $733,345. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa C Wyche Vice President | 1 | $0 | |
Steven D Carson President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $78,499 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,440 |
| Capital Gain Net Income | $3,440 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,239 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $753 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,188 |
| Total operating and administrative expenses | $42,146 |
| Contributions, gifts, grants paid | $155,450 |
| Total expenses and disbursements | $197,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,928 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $34,390 |
| Total assets | $3,026,898 |
| 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 |
Grants Awarded
Over the last fiscal year, Carson Foundation has awarded $155,450 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
WILKESBORO PARKS & RECREATION PURPOSE: GENERAL SUPPORT | $39,000 |
Chapel Hill, NC PURPOSE: GENERAL SUPPORT | $25,000 |
Moravian Falls, NC PURPOSE: GENERAL SUPPORT | $23,050 |
MORAVIAN FALLS ELEMENTARY SCHOOL PURPOSE: GENERAL SUPPORT | $11,000 |
Wilkesboro, NC PURPOSE: GENERAL SUPPORT | $9,000 |
WILKES COUNTY SCHOOLS PURPOSE: GENERAL SUPPORT | $6,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Container Royalties Supplemental Charleston, SC | $25,129,094 | $39,744,859 |
Operation Hope Inc Atlanta, GA | $42,513,861 | $45,427,739 |
Academy For Classical Education Inc Macon, GA | $50,470,204 | $22,703,116 |
Mvle Inc Springfield, VA | $9,312,046 | $13,677,162 |
Potomac Institute For Policy Studies Arlington, VA | $5,742,038 | $10,808,828 |
The Daily Planet Inc Richmond, VA | $12,184,739 | $13,097,113 |
National Association Of Landscape Professionals Inc Fairfax, VA | $7,212,406 | $10,869,487 |
Bill Of Rights Institute Arlington, VA | $5,390,472 | $9,362,557 |
Oe Enterprises Incorporated Hillsborough, NC | $3,102,909 | $7,461,058 |
Good Shepherd India Virginia Beach, VA | $1,558,138 | $7,285,527 |
Contemporary Science Center Research Triangle Park, NC | $12,289,489 | $6,780,617 |
St Vincents Home Roanoke, VA | $12,045,312 | $7,784,150 |