Andrea Waitt Carlton Family Foundation
- Assets
- $62.5m
- Revenue
- $1.4m
- Investments
- $60.9m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 86-0910220
Organization Overview
Andrea Waitt Carlton Family Foundation is located in Nashville, TN. The organization was established in 1998. 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. Andrea Waitt Carlton Family 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, Andrea Waitt Carlton Family Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Andrea Waitt Carlton Family Foundation has awarded 529 individual grants totaling $22,277,250. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Waitt Carlton President/director | 4 | $0 | |
Jennifer Kronebusch Secretary/treasurer/director | 1 | $10,000 | |
Jacque J Roberts Assistant Secretary | 1 | $0 | |
Steven Rasmussen Director | 1 | $10,000 | |
Samuel A Waitt Director | 3 | $10,000 | |
Donna Dalton Director | 1 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jpmorgan Chase Bank Na | 12/30/21 | $124,157 |
American Philanthropic Llc | 12/30/21 | $52,381 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,268,915 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,410 |
| Capital Gain Net Income | $29,678 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $156,262 |
| Total Revenue | $1,447,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $441,476 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $73,276 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,965 |
| Printing and publications | $0 |
| Other expenses | $116,696 |
| Total operating and administrative expenses | $920,247 |
| Contributions, gifts, grants paid | $2,610,750 |
| Total expenses and disbursements | $3,530,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,973 |
| Savings and temporary cash investments | $1,473,345 |
| 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 | $60,865,784 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,610 |
| Total assets | $62,506,712 |
| Accounts payable and accrued expenses | $16,693 |
| 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 | $16,693 |
Grants Awarded
Over the last fiscal year, Andrea Waitt Carlton Family Foundation has awarded $3,925,750 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BIRD CONSERVANCY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
A SOLDIER'S CHILD FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
AGAPE ANIMAL RESCUE PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
ASPCA PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
AMERICAN MOVEMENT FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |