CARTER FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CARTER FAMILY FOUNDATION (EIN 20-3311749)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-16
- IRS object ID
- 202533209349100558
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-16T07:52:38-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411397419 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Abdo LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5201 Eden Ave Ste 250 | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55436 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203311749 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Carter Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CART | BusinessNameControlTxt |
| Phone | 7633904277 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 Spur Cir | AddressLine1Txt |
| City | Wayzata | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Diana Carter | PersonNm |
| Person Title | Director/CEO | PersonTitleTxt |
| Phone | 7633904277 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Janeen K Steffel | PreparerPersonNm |
| PTIN | P00236715 | PTIN |
| Phone | 9528359090 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,586,814 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $36,557 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $36,557 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $374,953 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $372,080 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,626,903 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,509,584 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,626,903 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $152,172 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,190,585 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,035,540 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,004 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,502 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,502 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $41,668 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $41,668 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $32,361 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $46,700 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $307 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $123,733 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $43,170 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,809 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $923,472 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $923,472 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,047,205 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $43,170 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $925,281 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,143,380 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,992,370 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $123,190 | CashBOYAmt |
| Cash EOY | $125,979 | CashEOYAmt |
| Cash EOYFMV | $125,979 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $801,893 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $466,733 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $466,733 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $66 | AcctRcvblAmt |
| Acct Rcvbl EOY | $66 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $66 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $1,117,038 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $499,442 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $499,442 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,523,384 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,989,039 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,989,039 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,074,120 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,051,804 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,051,804 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,453,751 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,453,751 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,639,625 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,586,814 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,586,814 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $12,639,625 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,586,814 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,639,625 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,586,814 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,639,625 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,586,814 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,639,625 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,143,380 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $14,783,005 | SubtotalAmt |
| Other Decreases | $2,196,191 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,586,814 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Schwab Investments Short Term | P | $4,159,289 | $4,088,143 | $71,146 | $71,146 |
| Schwab Investments Long Term | P | $9,333,985 | $6,794,538 | $2,539,447 | $2,539,447 |
| Kirsch Capital | P | $10,674 | $10,674 | $10,674 | |
| Kirsch Capital | P | $5,636 | $5,636 | $5,636 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,626,903 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $41,594 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $41,594 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $41,594 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,361 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $32,361 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $45 | EsPenaltyAmt |
| Tax Due | $9,278 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Diana Clarke-Carter | IndividualWithBooksNm |
| Phone | 6128687745 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 Spur Circle | AddressLine1Txt |
| City | Wayzata | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 553919577 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Diana Clarke-Carter | ||||||||
| 130 Spur Circle | Wayzata | MN | 55391 | Director/Chief Executive Officer | 0.25 | $0 | $0 | $0 |
| Robert Lowell Carter | ||||||||
| 130 Spur Circle | Wayzata | MN | 55391 | Director/Officer | 0.25 | $0 | $0 | $0 |
| Alison Clarke Carter Brown | ||||||||
| 130 Spur Circle | Wayzata | MN | 55391 | Director/Executive Director | 0.25 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,045,011 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $226,357 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,271,368 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,271,368 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $64,071 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,207,297 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $210,365 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $210,365 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $41,594 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $32,453 | IncomeTaxAmt |
| Total Tax | $74,047 | TotalTaxAmt |
| Distributable Before Adj | $136,318 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $136,318 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $136,318 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $925,281 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $925,281 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $136,318 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $758,157 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,038,534 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,216,537 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,055,752 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $517,856 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,586,836 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $925,281 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $136,318 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $788,963 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,375,799 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $758,157 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,617,642 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,038,534 | ExcessFromYear4Amt |
| Excess From Year3 | $1,216,537 | ExcessFromYear3Amt |
| Excess From Year2 | $1,055,752 | ExcessFromYear2Amt |
| Excess From Year1 | $517,856 | ExcessFromYear1Amt |
| Excess From Current Year | $788,963 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Diana Clarke-Carter | ContributingManagerNm |
| Contributing Manager | Robert Lowell Carter | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Carter Family Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 Spur Circle | AddressLine1Txt |
| City | Wayzata | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6128687745 | RecipientPhoneNum |
| Form And Info And Materials | Applications should review mission statement and submit letter of interest indicating the focus of the program, how the focus is consistent with the Foundation's goals, and the amount and specific use of the requested grant. The Foundation will notify the applicatant within three weeks if the Foundation is willing to review a full proposal. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | Must be consistent with the Foundation's mission statement. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Aerial Recovery | |||||||
| 4235 Hillsboro Pike Ste 300 | Nashville | TN | 37215 | N/A | PC | To support the Organization's mission. | $2,505 |
| Big Sky Arts | |||||||
| 88 ousel Falls Road Suite C-1 | Big Sky | MT | 59716 | N/A | PC | To support the Organization's mission. | $1,033 |
| Big Sky Community Organization | |||||||
| 285 Simkins Dr | Gallatin Gateway | MT | 59730 | N/A | PC | To support the Organization's mission. | $2,500 |
| Canine Companions | |||||||
| 2965 Dutton Ave | Santa Rosa | CA | 95407 | N/A | PC | To support the Organization's mission. | $1,139 |
| Charity Classic | |||||||
| 2771 104th St Suite I | Urbandale | IN | 50322 | N/A | PC | To support the Organization's mission. | $3,000 |
| Children's Health Defense | |||||||
| 1227 N Peachtree Pkwy Suite 202 | Peachtree City | GA | 30269 | N/A | PC | To support the Organization's mission. | $1,029 |
| CHR Community Housing and Resources | |||||||
| 2340 Periwinkle Way Suite K-2 | Sanibel | FL | 33957 | N/A | Pc | To support the Organizaiton's mission. | $2,500 |
| Compassion International Ministries | |||||||
| PO Box 18093 | Sugar Land | TX | 77496 | N/A | PC | To support the Organization's mission. | $2,486 |
| CCA Captiva | |||||||
| 11550 Chapin Ln | Captiva | FL | 33924 | N/A | PC | To support the Organziation's mission. | $4,686 |
| CCH Freedom | |||||||
| 161 Rondo Ave Suite 923 | St Paul | MN | 55103 | N/A | pc | To support the Organizaiton's mission. | $10,000 |
| Crowd Source Rescue | |||||||
| 8588 Katy Freeway 450 | Houston | TX | 77024 | N/A | pc | To support the Organization's mission. | $2,000 |
| Door to Freedom Inc | |||||||
| PO Box 952 | Portland | ME | 04104 | N/A | PC | To support the Organization's mission. | $500 |
| First Baptist Church | |||||||
| 3020 E 38th St | Des Moines | IN | 50317 | N/A | Pc | To support the Organization's mission. | $1,500 |
| Gustavus Adolphus College | |||||||
| 800 W College Ave | St Peter | MN | 56082 | N/A | PC | To support the Organizaiton's mission. | $750 |
| Informed Consent Network | |||||||
| 2025 Guadalupe Street Suite 260 | Austin | TX | 78705 | N/A | PC | To support the Organization's mission. | $2,610 |
| Knox Area Rescue Ministries | |||||||
| PO Box 3310 | Knoxville | TN | 37927 | N/A | PC | To support the Organization's mission. | $520 |
| Long Lake Area Foundation | |||||||
| PO Box 808 | Park Rapids | MN | 56470 | N/A | PC | To support the Organization's mission. | $1,000 |
| Metropolitan State University Foundation | |||||||
| 700 East Seventh Street | St Paul | MN | 551065000 | N/A | PC | To support students in natural science at Metropolitan State Universtiy. | $260,000 |
| Minneapolis Foundaton | |||||||
| 800 IDS Center 80 South 8th Street | Minneapolis | MN | 55402 | N/A | PC | To support the Organization's mission. | $455,000 |
| Mighty Cause Charitable Foundation | |||||||
| PO Box 36 | Whiteclay | NE | 69365 | N/A | PC | To support the Organization's mission. | $7,680 |
| Operation Underg Our Rescue | |||||||
| PO Box 57338 | Salt Lake City | UT | 84157 | N/A | PC | To support the Organization's mission. | $32 |
| Samaritans Purse | |||||||
| PO Box 3000 | Boone | NC | 28607 | N/A | pc | To support the Organization's mission. | $2,000 |
| Saidiana | |||||||
| 4940 West 77th Street STE 30 | Edina | MN | 55435 | N/A | PC | To support the Organization's mission. | $10,000 |
| The Kirsch Foundation | |||||||
| 2440 W El Camino Real 300 | Mountain View | CA | 94040 | N/A | PC | To support the Organization's mission. | $52,575 |
| Westminster Church | |||||||
| 1200 S Marquette Ave | Minneapolis | MN | 55403 | N/A | PC | To support the Organization's mission. | $95,288 |
| Wooddale Church Inc | |||||||
| 6630 Shady Oak Road | Eden Prairie | MN | 55344 | N/A | PC | To support the Organization's mission. | $100 |
| Young Life | |||||||
| 420 N Cascade Ave | Colorado Springs | CO | 80903 | N/A | PC | To support the Organization's mission. | $1,039 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $923,472 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $36,557 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $374,953 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,626,903 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income | Desc |
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $152,172 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $152,172 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,038,413 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,190,585 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Expenses | CategoryTxt |
| Amt | $3,004 | Amt |
| Net Investment Income | $1,502 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,502 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Charles Schwab - Bonds | BondNm |
| EOY Book Value | $5,051,804 | EOYBookValueAmt |
| EOYFMV | $5,051,804 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Charles Schwab - Stock | StockNm |
| EOY Book Value | $2,989,039 | EOYBookValueAmt |
| EOYFMV | $2,989,039 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $499,442 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $499,442 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Partnership Investments | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,453,751 | BookValueAmt |
| EOYFMV | $3,453,751 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized loss on investments | Desc |
| Amt | $2,196,191 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Credit Card Fees | $59 | $0 | $57 |
| Memberships | $250 | $0 | $250 |
| Passthrough Expenses | $46,391 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income | Desc |
| Revenue And Expenses Per Books | $152,172 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $152,172 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $41,668 | Amt |
| Net Investment Income | $41,668 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Taxes Paid | CategoryTxt |
| Amt | $32,361 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments