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Nonprofiteer
← CARTER BLOODCARE FOUNDATION

Form 990 for tax year 2024

Filed by CARTER BLOODCARE FOUNDATION.

Totals

Total revenue
$6,752,588
Total expenses
$2,419,115
Contributions and grants received
$18,766
Grants paid
$1,854,368
Program service revenue
$0
Investment income
$6,683,031
Other revenue
$50,791
Total assets, end of year
$118,484,984
Total liabilities, end of year
$60,032
Net assets or fund balances, end of year
$118,424,952
Program services expenses (Part IX)
$1,854,368
Management and general expenses
$564,747
Fundraising expenses
$0
Program service expenses (Part III)
$1,854,368

Program services were 76.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $18,766

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $2,970,295 · excluded $2,970,295

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $26,001,091

  • 7b · Less cost or other basis and sales expenses

    securities $22,288,355

  • 7c · Gain or loss

    securities $3,712,736 · other assets $0

  • 7d · Net gain or loss

    total $3,712,736 · excluded $3,712,736

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 11a · Other revenue: Oil and gas royalties

    total $50,791 · excluded $50,791

  • 11e · Other revenue, total

    $50,791

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,854,368 · program services $1,854,368

  • 11f · Fees: investment management

    total $562,331 · management and general $562,331

  • 24a · Other expenses: Bank Fees

    total $2,416 · management and general $2,416

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $334,413 · end of year $423,120

  • 4 · Accounts receivable

    beginning of year $430,126 · end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $67,648,271 · end of year $69,431,532

  • 12 · Investments: other securities

    beginning of year $37,404,600 · end of year $44,184,748

  • 15 · Other assets

    beginning of year $4,326,945 · end of year $4,445,584

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $60,032

  • 27 · Net assets without donor restrictions

    beginning of year $105,817,410 · end of year $113,979,368

  • 28 · Net assets with donor restrictions

    beginning of year $4,326,945 · end of year $4,445,584

Mission and programs · 2024

Mission

CARTER BLOODCARE FOUNDATION PROVIDES SUPPORT TO CARTER BLOODCARE, THE COMMUNITY-BASED, NOT-FOR-PROFIT BLOOD CENTER WHICH PROVIDES BLOOD PRODUCTS, THERAPIES, AND BLOOD-RELATED SERVICES IN NORTH, CENTRAL AND EAST TEXAS.

  • CARTER BLOODCARE FOUNDATION PROVIDES SUPPORT TO CARTER BLOODCARE, THE COMMUNITY-BASED, NOT-FOR-PROFIT BLOOD CENTER WHICH PROVIDES BLOOD PRODUCTS, THERAPIES, AND BLOOD-RELATED SERVICES IN NORTH, CENTRAL AND EAST TEXAS.

    Expenses $1,854,368 · Grants $1,854,368 · Revenue $6,733,822

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Merlyn Sayers

    PRESIDENT

    Total calculated
    $968,162
    From this org
    $0
    From related orgs
    $938,874
    Other
    $29,288
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $734,316 related
    Bonus
    $0 + $181,574 related
    Other
    $0 + $22,984 related
    Deferred
    $0 + $14,880 related
    Nontaxable benefits
    $0 + $14,408 related
    Filer's total
    $0 + $968,162 related

  • Barbara Bryant

    PRESIDENT

    Total calculated
    $261,800
    From this org
    $0
    From related orgs
    $260,014
    Other
    $1,786
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,729 related
    Bonus
    $0 + $50,000 related
    Other
    $0 + $34,285 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $1,786 related
    Filer's total
    $0 + $261,800 related

  • Glenn Able

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Sal Afridi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sam Brooks

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Mitch Clarke

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Crissie Fortmeyer

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Chuck Kurtzman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Andy Polanco

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Randy Talley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I 4b
COMPENSATION FOR OFFICERS AND KEY EMPLOYEES ARE DETERMINED BASED ON JOB PERFORMANCE APPRAISALS, INDEPENDENT COMPENSATION CONSULTANTS AND COMPENSATION SURVEYS. THE COMPENSATION ADJUSTMENTS FOR THE PRESIDENT ARE REVIEWED BY BOTH THE COMPENSATION COMMITTEE AND THE FULL BOARD OF CARTER BLOODCARE, A RELATED ORGANIZATION DESCRIBED IN SCHEDULE R, AND MUST BE APPROVED BY THEM.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.1
Source object
202533149349304238

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