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CARR-REZA FAMILY FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CARR-REZA FAMILY FOUNDATION INC (EIN 84-3851641)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-09-08
IRS object ID
202522519349101182
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-09-08T22:41:20-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN843851641EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Carr-Reza Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Layla CarrInCareOfNm
Business Name ControlCARRBusinessNameControlTxt
Phone8176575437PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14122 Lorinser LaneAddressLine1Txt
CityDallasCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75220ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAYLA CARRPersonNm
Person TitleTreasurerPersonTitleTxt
Phone2148019775PhoneNum
Signature2025-09-08SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$252,499FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$7,333DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,333DividendsNetInvstIncmAmt
Dividends Adj Net Incm$7,333DividendsAdjNetIncmAmt
Total Rev And Expnss$7,333TotalRevAndExpnssAmt
Total Net Invst Incm$7,333TotalNetInvstIncmAmt
Total Adj Net Incm$7,333TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$133AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$133AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$22TaxesRevAndExpnssAmt
Taxes Net Invst Incm$22TaxesNetInvstIncmAmt
Taxes Adj Net Incm$22TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$11OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$11OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$11OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$166TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$33TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$166TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,395ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,395ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$10,561TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$33TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$166TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$10,395TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$3,228ExcessRevenueOverExpensesAmt
Net Investment Income$7,300NetInvestmentIncomeAmt
Adjusted Net Income$7,167AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$965CashBOYAmt
Cash EOY$2,510CashEOYAmt
Cash EOYFMV$2,510CashEOYFMVAmt
Corporate Stock BOY$190,568CorporateStockBOYAmt
Corporate Stock EOY$183,599CorporateStockEOYAmt
Corporate Stock EOYFMV$235,791CorporateStockEOYFMVAmt
Other Investments BOY$12,983OtherInvestmentsBOYAmt
Other Investments EOY$12,983OtherInvestmentsEOYAmt
Other Investments EOYFMV$14,198OtherInvestmentsEOYFMVAmt
Total Assets BOY$204,516TotalAssetsBOYAmt
Total Assets EOY$199,092TotalAssetsEOYAmt
Total Assets EOYFMV$252,499TotalAssetsEOYFMVAmt
Accounts Payable BOY$98AccountsPayableBOYAmt
Grants Payable EOY$2,550GrantsPayableEOYAmt
Total Liabilities BOY$98TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,550TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$204,418NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$196,542NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$204,418TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$196,542TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$204,516TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$199,092TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$204,418TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$3,228ExcessRevenueOverExpensesAmt
Subtotal$201,190SubtotalAmt
Other Decreases$4,648OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$196,542TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyIntel Corp Com 116 sharesPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2004-11-24AcquiredDt
Sold2024-12-30SoldDt
Gross Sales Price$2,320GrossSalesPriceAmt
Cost Or Other Basis$6,969CostOrOtherBasisAmt
Gain Or Loss-$4,649GainOrLossAmt
Gains Minus Excess Or Losses-$4,649GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$4,649CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$101InvestmentIncomeExciseTaxAmt
Subtotal$101SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$101TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Tax Due$101TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsfalseAtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Layla CarrBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2148019775PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14122 Lorinser LaneAddressLine1Txt
CityDallasCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75220ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Undistr Incm Sect4942a2 App Yr12023UndistrIncmSect4942a2AppYr1Yr
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
NOAH CARR
4122 Lorinser LaneDallasTX75220Director0.00$0$0$0
ALIYA CARR
4122 Lorinser LaneDallasTX75220Director0.00$0$0$0
LAYLA CARR
4122 Lorinser LaneDallasTX75220Director0.00$0$0$0
MUNEERA CARR
4122 Lorinser LaneDallasTX75220Director0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$223,750AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,528AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$13,374FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$239,652TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$239,652AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,595CashDeemedCharitableAmt
Net Vl Noncharitable Assets$236,057NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,803MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,803MinimumInvestmentReturnAmt
Tax Based On Investment Income$101TaxBasedOnInvestmentIncomeAmt
Total Tax$101TotalTaxAmt
Distributable Before Adj$11,702DistributableBeforeAdjAmt
Distributable Before Ded$11,702DistributableBeforeDedAmt
Distributable As Adjusted$11,702DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,395ExpensesAndContributionsAmt
Qualifying Distributions$10,395QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,702DistributableAsAdjustedAmt
Undistributed Income PY$10,289UndistributedIncomePYAmt
Prior Year12022PriorYear1Yr
Total For Prior Years$104TotalForPriorYearsAmt
Qualifying Distributions$10,395QualifyingDistributionsAmt
Applied To Year1$10,289AppliedToYear1Amt
Applied To Prior Years$104AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$2RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$2ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$2ExcessDistributionCyovAppCYAmt
Prior Year Deficiency Or Tax$104PriorYearDeficiencyOrTaxAmt
Undistributed Income CY$11,700UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$3,228CorpusDistri170b1EOr4942g3Amt

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxt
UT Austin
P O Box 7458AustinTX78713PC Public charity deScholarship Funding$7,800
St Marks School of Texas
10600 Preston RoadDallasTX75230PC Public charity deEducation$250
Schoolstorecom
180 Freedom AveMurfreesboroTN37129PC Public charity deEducation$105
American Heart Association
7272 Greenville AveDallasTX75231PC Public charity deScience and research$250
World Central Kitchen
200 Massachusetts ave NW 7th floorWashingtonDC20001PC Public charity deFood supplies for hunger$1,010
University of Texas at Arlington
701 South Nedderman Dr Admin Bldg SArlingtonTX760190198PC Public charity deScholarship Funding$350
Ash Canyon Bird Sanctuary
P O Box 5521BisbeeAZ856035521PC Public charity deBirds and conservation$100
HOPKINSON CENTER FOR THE ARTS
98 Hayden Rowe StHopkintonMA01748PC Public charity deArt Music and Culture$108Boston Marathon
Runprojectorg
200 N Buckner BlvdDallasTX75218PC Public charity deRunning eventsHealth focus$72Too hot too handle
Lone Star North Kaleo 2024
P O Box 567ConwayAR72033PC Public charity deStudent mobilization$250Peter Humrichouse
GOFUNDMEORG
8605 Santa Monice Blvd Ste 88639West HollywoodCA90069I Individual personMedical support - gofundme for student$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,395TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTax softwareCategoryTxt
Amt$133Amt
Adjusted Net Income$133AdjustedNetIncomeAmt

Applied To Prior Year Election AppliedToPriorYearElection

FieldValueIRS element (for citing)
Election1st current year undist 2nd2023 undistributedElectionDesc

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockDetail attachedStockNm
EOY Book Value$183,599EOYBookValueAmt
EOYFMV$235,791EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (20 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
ABR 304 sharesFMV$4,423$4,210
SPG 58 sharesFMV$8,560$9,988
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV
FMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescCapital loss not allowedDesc
Amt$4,648Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescTransaction costs HitachiDesc
Revenue And Expenses Per Books$11RevenueAndExpensesPerBooksAmt
Net Investment Income$11NetInvestmentIncomeAmt
Adjusted Net Income$11AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryForeign taxes paidCategoryTxt
Amt$22Amt
Net Investment Income$22NetInvestmentIncomeAmt
Adjusted Net Income$22AdjustedNetIncomeAmt

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