Carti Foundation Inc

Organization Overview

Carti Foundation Inc is located in Little Rock, AR. The organization was established in 1984. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carti 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 06/2021, Carti Foundation Inc generated $2.6m 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 (5.7%) each year. All expenses for the organization totaled $5.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT CARTI BY ADVANCING ITS OBJECTIVES WHICH PROVIDES HEALTH SERVICES TO CANCER PATIENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION WAS ORGANIZED TO FOSTER, SUPPORT, AND ENCOURAGE THE ACTIVITIES AND PURPOSES OF CENTRAL ARKANSAS RADIATION THERAPY INSTITUTE, INC. (CARTI) AND TO ADVANCE ITS OBJECTIVES, INCLUDING SPONSORSHIP OF AND ASSISTANCE TO CARTI AND ITS RELATED ACTIVITIES. TODAY, THE FOUNDATION FUNDS ALL PATIENT ASSISTANCE AND OUTREACH PROGRAMS AS WELL AS MANY OF CARTI'S PROGRAM, EQUIPMENT AND CAPITAL NEEDS. FUNDS RAISED THROUGH THE CARTI FOUNDATION DIRECTLY BENEFIT AND ENHANCE THE QUALITY OF LIFE FOR THE ESTIMATED 34,000 PATIENTS CARTI TREATS EACH YEAR.


SCHOLARSHIP RECIPIENTS MUST BE OR HAVE BEEN A CANCER PATIENT AND A CARTI KID. APPLICANTS MUST COMPLETE AN APPLICATION AND SUBMIT AN ESSAY ON THE IMPACT CANCER HAD ON THEIR LIVES AND WHAT CARTI MEANT TO THEM IN ORDER TO QUALIFY FOR A SCHOLARSHIP.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,098,219
Noncash contributions included in lines 1a–1f $15,800
Total Revenue from Contributions, Gifts, Grants & Similar$2,098,219
Total Program Service Revenue$0
Investment income $67,626
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $320,529
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $82,774
Miscellaneous Revenue$0
Total Revenue $2,569,148

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Carti Foundation Inc has recieved totaling $264,179.

Awarding OrganizationAmount
Delta Dental Of Arkansas Foundation Inc

Sherwood, AR

PURPOSE: LEGACY GRANT

$88,000
Murphy Foundation

El Dorado, AR

PURPOSE: OPERATIONS

$70,000
Caring Hearts Foundation Of Arkansas

Little Rock, AR

PURPOSE: MEDICAL CARE FOR CRITICALLY ILL

$55,000
Nabholz Charitable Foundation

Conway, AR

PURPOSE: CHARITABLE-FOR PROGRAM EXPENSES

$22,100
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$10,250
The Jonsson Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,197,315
Earnings$694,693
Admin Expense$94,388
Net Contributions$3,220
Grants$3,800,000
Ending Balance$3,000,840

Create an account to unlock the data you need.

or