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Nonprofiteer
← CAROLINE FOUNDATION INC

Form 990 for tax year 2022

Filed by CAROLINE FOUNDATION INC.

Totals

Total revenue
-$677,130
Total expenses
$858,537
Contributions and grants received
$1,050
Grants paid
$700,000
Program service revenue
$0
Investment income
-$678,180
Other revenue
$0
Total assets, end of year
$15,701,192
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$15,701,192
Program services expenses (Part IX)
$753,903
Management and general expenses
$104,634
Fundraising expenses
$0
Program service expenses (Part III)
$753,903

Program services were 87.8% 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.

  • 1f · All other contributions, gifts and grants

    $1,050

  • 3 · Investment income

    total $478,240 · excluded $478,240

  • 7a · Gross sales of assets other than inventory

    securities $9,105,807

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

    securities $10,262,227

  • 7c · Gain or loss

    securities -$1,156,420

  • 7d · Net gain or loss

    total -$1,156,420 · excluded -$1,156,420

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $700,000 · program services $700,000

  • 11b · Fees: legal

    total $10 · management and general $10

  • 11c · Fees: accounting

    total $4,794 · management and general $4,794

  • 11f · Fees: investment management

    total $75,526 · management and general $75,526

  • 11g · Fees: other

    total $71,870 · program services $53,903 · management and general $17,967

  • 19 · Conferences, conventions and meetings

    total $1,648 · management and general $1,648

  • 23 · Insurance

    total $4,194 · management and general $4,194

  • 24a · Other expenses: PRINTING AND COPYING

    total $211 · management and general $211

  • 24b · Other expenses: POSTAGE AND MAILING

    total $130 · management and general $130

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $128 · management and general $128

  • 24d · Other expenses: BANK FEES

    total $26 · management and general $26

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $249,729 · end of year $67,769

  • 2 · Savings and temporary cash investments

    beginning of year $550,156 · end of year $1,031,105

  • 11 · Investments: publicly traded securities

    beginning of year $14,292,514 · end of year $14,602,318

  • 27 · Net assets without donor restrictions

    beginning of year $15,092,399 · end of year $15,701,192

Mission and programs · 2022

Mission

TO AWARD GRANTS TO NONPROFIT ORGANIZATIONS THAT BENEFIT THE LOCAL COMMUNITY.

  • GRANTS TO NONPROFIT ORGANIZATIONS TO BENEFIT THE LOCAL COMMUNITY.

    Expenses $753,903 · Grants $700,000

As filed on the 2022 return.

Listed in Part VII

  • TERRY MEAD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • ROBERT E JARRELL ESQ

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • REBECCA LOUKIDES

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BERL LOVELACE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • WAYNE A COLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRISSY BARTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TONY J GIANNINOTO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICK HARRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MIKIE PHILLIPS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GLEN PLUTSCHAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MAGGIE TARRANT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHELE WAYMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICHARD WHEATLEY

    DIRECTOR

    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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
11 December 2023
IRS schema version
2022v5.0
Source object
202333459349300408

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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