Carol K Engler Foundation
- Assets
- $16.1m
- Revenue
- $319.2k
- Investments
- $15.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/1992
- Data as of
- 12/2023
- EIN
- 75-2403435
Organization Overview
Carol K Engler Foundation is located in Wilmington, DE. The organization was established in 1992. 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. Carol K Engler 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, Carol K Engler Foundation generated $319.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Carol K Engler Foundation has awarded 125 individual grants totaling $1,745,375. 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 |
|---|---|---|---|
Sara Cady Dir, Pres | 35 | $125,000 | |
Jennifer Engler Dir | 1 | $0 | |
Mark Engler Dir | 1 | $0 | |
Michael Engler Dir | 1 | $0 | |
Rachel Jordan Dir, Sec | 1 | $0 | |
Daniel Raizen Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Services | 12/30/23 | $92,977 |
Foundation Source | 12/30/23 | $50,777 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,156 |
| Dividends & Interest | $519,342 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$206,455 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $166 |
| Total Revenue | $319,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,563 |
| Interest | $0 |
| Taxes | $22,989 |
| Depreciation | $0 |
| Occupancy | $323 |
| Travel, conferences, and meetings | $1,611 |
| Printing and publications | $0 |
| Other expenses | $60,927 |
| Total operating and administrative expenses | $313,390 |
| Contributions, gifts, grants paid | $692,000 |
| Total expenses and disbursements | $1,005,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $478,629 |
| Net Accounts receivable | $1,159 |
| 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 | $346,521 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,130,318 |
| 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, Carol K Engler Foundation has awarded $692,000 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
AMARILLO COLLEGE FOUNDATION INC PURPOSE: MIKE AND DALIA STEM SCHOLARSHIP FUND | $25,000 |
AMARILLO COLLEGE FOUNDATION INC PURPOSE: KACV PANHANDLE PBS | $15,000 |
AMARILLO SYMPHONY INC PURPOSE: MASTER CLASS AT GREATER SW MUSIC FESTIVAL | $25,000 |
AMARILLO COLLEGE FOUNDATION INC PURPOSE: CAROL K ENGLER STEM SCHOLARSHIP FUND | $25,000 |
AUSTIN THEATRE ALLIANCE PURPOSE: PARAMOUNT EDUCTION | $60,000 |
AUSTIN THEATRE ALLIANCE PURPOSE: CENTURY CLUB | $10,000 |