Cairn Foundation Inc
- Assets
- $2.5m
- Revenue
- $1.4m
- Investments
- $2.5m
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-2588759
Organization Overview
Cairn Foundation Inc is located in Fort Wayne, IN. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cairn 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 12/2022, Cairn Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 55.4% each year . All expenses for the organization totaled $149.2k during the year ending 12/2022. While expenses have increased by 28.6% per year over the past 8 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 2016, Cairn Foundation Inc has awarded 46 individual grants totaling $762,300. 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 |
|---|---|---|---|
Mark Millett President | 1 | $0 | |
Kate Wienman Vice Preside | 1 | $0 | |
Drew Millett Vice Preside | 1 | $0 | |
Jake Millett Vice Preside | 1 | $0 | |
Abigail Millett Treasurer/se | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,953 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,182 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,334,257 |
| Capital Gain Net Income | $8,197 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24 |
| Total Revenue | $1,381,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $77 |
| Taxes | $711 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,170 |
| Contributions, gifts, grants paid | $143,000 |
| Total expenses and disbursements | $149,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,495 |
| 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 | $0 |
| Total assets | $2,547,250 |
| 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, Cairn Foundation Inc has awarded $143,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BELIEVE IN A DREAM PURPOSE: EXPLORATION OF MUSIC | $30,000 |
SAM'S WISH INC PURPOSE: KINDNESS CAMP | $8,000 |
TETON ADAPTIVE SPORTS INC PURPOSE: SPORTS OPPORTUNITIES FOR DISABLED | $15,000 |
THE NATURE CONSERVANCY IN INDIANA PURPOSE: SUPPORT NATURE CONSERVATION PROGRAMS | $25,000 |
DEKALB CENTRAL FOUNDATION PURPOSE: UNDERWRITE WEIGHT ROOM | $50,000 |
FRIENDS OF THE UNIVERSITY OF SURREY PURPOSE: SUPPORT INT'L TRAVEL BURSARIES | $15,000 |