Carol Franc Buck Foundation
- Assets
- $4.5m
- Revenue
- $791.9k
- Investments
- $4.0m
- Employees
- 0
- Location
- Incline Village, NV
- Founding
- 00/0000
- Data as of
- 11/2022
- EIN
- 88-0163505
Organization Overview
Carol Franc Buck Foundation is located in Incline Village, NV. The organization was established in 0000. 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 Franc Buck 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 11/2022, Carol Franc Buck Foundation generated $791.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.2m during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Carol Franc Buck Foundation has awarded 135 individual grants totaling $8,533,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS PERFORMING AND VISUAL ARTS THROUGHOUT THE WESTERN UNITED STATES. 20 ORGANIZATIONS RECEIVED GRANTS TOTALING $855,000 PLUS EXPENSES OF $340,346.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol F Buck Trustee | 10 | $900 | |
Christian P Erdman Trustee | 0 | $0 | |
Mckenzie Erdman Trustee | 0 | $0 | |
Helen J O'hanlon Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $208 |
| Dividends & Interest | $253,033 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $538,642 |
| Capital Gain Net Income | $538,642 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $791,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $900 |
| Other employee salaries and wages | $145,917 |
| Pension plans, employee benefits | $26,190 |
| Interest | $0 |
| Taxes | $23,986 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $67,052 |
| Total operating and administrative expenses | $340,346 |
| Contributions, gifts, grants paid | $855,000 |
| Total expenses and disbursements | $1,195,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,858 |
| Savings and temporary cash investments | $337,133 |
| Net Accounts receivable | $67,164 |
| 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 | $1,056,307 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,000 |
| Total assets | $4,480,583 |
| Accounts payable and accrued expenses | $6,036 |
| 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 | $6,036 |
Grants Awarded
Over the last fiscal year, Carol Franc Buck Foundation has awarded $855,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: ANTHONY & CLEOPATRA FALL | $250,000 |
ORPHEUS PDX PURPOSE: MONTEVERDI'S L'ORFEO | $200,000 |
CLASSICAL TAHOE PURPOSE: 1ST OF 3 INSTALLMENTS FOR MUSIC FESTIVALS | $150,000 |
PBS RENO PURPOSE: COLLABORATION W/CLASSICAL TAHOE TO BRING SERIES OF CONCERTS TO AUDIENCES WORLDWIDE | $60,000 |
LIVERMORE VALLEY OPERA PURPOSE: VERDI'S OTELLO | $50,000 |
Santa Fe, NM PURPOSE: M. BUTTERFLY | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |