Andrea Waitt Carlton Family Foundation
- Assets
- $52.6m
- Revenue
- $2.1m
- Investments
- $50.9m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 06/1998
- Data as of
- 12/2020
- 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 12/2020, Andrea Waitt Carlton Family Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $3.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Andrea Waitt Carlton Family Foundation has awarded 311 individual grants totaling $15,628,800. 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 |
|---|---|---|---|
Steven Rasmussen Executive Director | 20 | $147,875 | |
Jennifer Kronebusch Secretary/treasurer/director | 1 | $8,000 | |
Samuel A Waitt Director | 3 | $8,000 | |
Donna Dalton Director | 1 | $6,000 | |
Jason Gant Director | 0.5 | $2,000 | |
Andrea Waitt Carlton President/director | 4 | $0 |
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 | $930,236 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,027,852 |
| Capital Gain Net Income | $1,038,501 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $160,382 |
| Total Revenue | $2,118,470 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $169,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $6,500 |
| Interest | $4,135 |
| Taxes | $10,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,227 |
| Printing and publications | $0 |
| Other expenses | $234,465 |
| Total operating and administrative expenses | $612,254 |
| Contributions, gifts, grants paid | $2,708,400 |
| Total expenses and disbursements | $3,320,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,140 |
| Savings and temporary cash investments | $1,603,052 |
| 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 | $50,885,206 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $336 |
| Total assets | $52,560,734 |
| 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, Andrea Waitt Carlton Family Foundation has awarded $5,566,500 in support to 105 organizations.
| Grant Recipient | Amount |
|---|---|
Des Moines, IA PURPOSE: GENERAL OPERATING SUPPORT | $800,000 |
Okoboji, IA PURPOSE: GENERAL OPERATING SUPPORT | $400,000 |
THE JACK MILLER CENTER PURPOSE: GENERAL OPERATING SUPPORT | $400,000 |
Nashville, TN PURPOSE: GENERAL OPERATING SUPPORT | $375,000 |
Nashville, TN PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
Nashville, TN PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Claude And Betty Harris Foundation Inc Louisville, KY | $58,528,117 | $25,952,323 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |