Catherine Pharr Carstarphen Mcadenville Foundation Inc

Organization Overview

Catherine Pharr Carstarphen Mcadenville Foundation Inc is located in Mcadenville, NC. The organization was established in 1949. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Catherine Pharr Carstarphen Mcadenville 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, Catherine Pharr Carstarphen Mcadenville Foundation Inc generated $198.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $228.0k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Board, Officers & Key Employees

Name (title)Compensation
William Jp Carstarphen
President
$0
Fred Erickson
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $72,500
Interest on Savings $5
Dividends & Interest $98,202
Net Rental Income$0
Net Gain on Sale of Assets $27,759
Capital Gain Net Income $27,759
Net ST Capital Gain $145
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $198,466

Grants Awarded

Over the last fiscal year, Catherine Pharr Carstarphen Mcadenville Foundation Inc has awarded $16,408 in support to 2 organizations.

Grant RecipientAmount

GASTON COUNTY YMCA

PURPOSE: SUPPORT FOR PHARR FAMILY YMCA

$6,408

CAROLINA THREAD TRAIL

PURPOSE: TO SUPPORT GENERAL OPERATIONS

$10,000
View Grant Profile

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