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Nonprofiteer
← THE CROWLEY CARTER FOUNDATION

Form 990 for tax year 2023

Filed by THE CROWLEY CARTER FOUNDATION.

Totals

Total revenue
$2,197,273
Total expenses
$2,516,369
Contributions and grants received
$0
Grants paid
$2,037,232
Program service revenue
$0
Investment income
$2,197,273
Other revenue
$0
Total assets, end of year
$43,379,497
Total liabilities, end of year
$1,254,115
Net assets or fund balances, end of year
$42,125,382
Program services expenses (Part IX)
$2,037,232
Management and general expenses
$479,137
Fundraising expenses
$0
Program service expenses (Part III)
$2,037,232

Program services were 81.0% 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.

  • 3 · Investment income

    total $809,019 · excluded $809,019

  • 7a · Gross sales of assets other than inventory

    securities $20,827,090

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

    securities $19,438,836

  • 7c · Gain or loss

    securities $1,388,254

  • 7d · Net gain or loss

    total $1,388,254 · excluded $1,388,254

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,037,232 · program services $2,037,232

  • 11c · Fees: accounting

    total $70,135 · management and general $70,135

  • 11f · Fees: investment management

    total $295,442 · management and general $295,442

  • 13 · Office expenses

    total $6,415 · management and general $6,415

  • 16 · Occupancy

    total $1,375 · management and general $1,375

  • 22 · Depreciation, depletion and amortization

    total $849 · management and general $849

  • 23 · Insurance

    total $87 · management and general $87

  • 24a · Other expenses: MISCELLANEOUS EXPENSE

    total $61,175 · management and general $61,175

  • 24b · Other expenses: CONTRACT LABOR

    total $33,450 · management and general $33,450

  • 24c · Other expenses: FOREIGN TAXES WITHHELD

    total $10,111 · management and general $10,111

  • 24d · Other expenses: POSTAGE AND COURIER

    total $98 · management and general $98

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,811 · end of year $13,816

  • 2 · Savings and temporary cash investments

    beginning of year $628,810 · end of year $2,049,090

  • 10a · Land, buildings and equipment: cost or other basis

    $22,031

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,566

  • 10c · Land, buildings and equipment, net

    beginning of year $2,314 · end of year $1,465

  • 11 · Investments: publicly traded securities

    beginning of year $39,665,021 · end of year $41,164,942

  • 15 · Other assets

    beginning of year $72,771 · end of year $150,184

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,336 · end of year $16,883

  • 18 · Grants payable

    beginning of year $1,441,621 · end of year $1,237,232

  • 27 · Net assets without donor restrictions

    beginning of year $38,905,770 · end of year $42,125,382

Mission and programs · 2023

Mission

FINANCIAL SUPPORT OF ORGANIZATIONS THAT POSITIVELY AFFECT THE SPIRITUAL, PHYSICAL AND EMOTIONAL WELL-BEING OF MEN, WOMEN AND CHILDREN.

Activities or mission (Part I)

THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF CHARITABLE & EDUC. ORGANIZATIONS.

  • SUPPORTED ORGANIZATION: SOUTHWESTERN MEDICAL FOUNDATIONMISSION: ENHANCE THE PROSTATE CANCER RESEARCH INITIATIVE THAT WAS STARTED IN 2023. PROGRAM OBJECTIVE: ADVANCE SCIENCE AND HOPE FOR PROSTATE CANCER PATIENTS.PROGRAM ACCOMPLISHMENTS: SUPPORT THE PROSTATE CANCER RESEARCH INITIATIVE.

    Expenses $800,000 · Grants $800,000

  • SUPPORTED ORGANIZATION: BAYLOR HEALTHCARE SYSTEM FOUNDATIONMISSION AND PROGRAM OBJECTIVE: TO SUPPORT BAYLOR SCOTT & WHITE HEALTH PROGRAMS WHICH PROMOTE THE WELL-BEING OF ALL INDIVIDUALS, FAMILIES AND COMMUNITIES.PROGRAM ACCOMPLISHMENTS: TO FUND SUPPORT FOR THE PULMONARY AND CRITICAL CARE FELLOWSHIP PROGRAM.

    Expenses $250,000 · Grants $250,000

  • SUPPORTED ORGANIZATION: DALLAS BAPTIST UNIVERSITYMISSION AND PROGRAM OBJECTIVE: TO SUPPORT DALLAS BAPTIST UNIVERSITY COLLEGE OF BUSINESS.PROGRAM ACCOMPLISHMENTS: TO SUPPORT CONSTRUCTION OF A NEW COMPLEX THAT WILL HOUSE THE EXPANDED COLLEGE OF BUSINESS WITH A COMPLETION GOAL OF SPRING 2026.

    Expenses $250,000 · Grants $250,000

  • FINANCIAL SUPPORT OF ORGANIZATIONS THAT POSITIVELY AFFECT THE SPIRITUAL, PHYSICAL AND EMOTIONAL WELL-BEING OF MEN, WOMEN AND CHILDREN.

    Expenses $737,232 · Grants $737,232

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • CHRISTINA CARTER URSCHEL

    CHAIRMAN/PRES/TREAS

    Total calculated
    $0
    Hours/week
    8

  • RONALD L CARTER

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • JAY TURNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • JEFFREY FINK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • VANCE GILMORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

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
2023
Filed
31 October 2024
IRS schema version
2023v5.1
Source object
202403139349302820

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

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