Overview

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Est.

2020

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Cary Foundation Inc, identified by EIN 84-2710150, is a nonprofit organization dedicated to promoting charitable purposes in the field of education. With an operating budget of $37.1K and total revenue of $67K for the 2024 filing year, the organization is primarily funded by an unknown source contributing $1.1M, which indicates a significant reliance on a single funder for its revenue. The foundation is committed to ensuring that no part of its assets or earnings benefits any director, officer, or employee, while allowing for reasonable compensation for services rendered to fulfill its mission.

Mission Statement

CARY FOUNDATION INC IS ORGANIZED EXCLUSIVELY TO PROMOTE A CHARITABLE PURPOSE, AND NO PART OF ITS ASSETS, NET EARNINGS, OR PROFITS SHALL INURE TO THE BENEFIT OF OR BENEFIT OF OR PECUNIARY OR FINANCIAL GAIN OF ANY DIRECTOR, OFFICER OR EMPLOYEE, BUT THIS PROVISION SHALL NOT BE DEEMED TO PROHIBIT THE PAYMENT OF REASONABLE COMPENSATION TO SUCH PERSONS FOR SERVICES ACTUALLY RENDERED TO CARRY OUT THE EXEMPT PURPOSES OF THE CORPORATION.
Revenues
$67K
Expenses
$37.1K
Net Income:
+$29.8K
Assets
$249.5K
Liabilities
$140.3K
Net Assets:
+$109.2K
Operating Budget
$37.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
M
Mark Haase
Board Member
M
Monica Vanhoy
Board Member
J
Jennifer Johnson
Board Member

Frequently Asked Questions

What is THE CARY FOUNDATION INC’s budget?
In 2024, THE CARY FOUNDATION INC reported an annual operating budget of around $37 thousand. More detailed financial information is available to registered users.
What causes does THE CARY FOUNDATION INC support?
THE CARY FOUNDATION INC supports work in Education.
Where does THE CARY FOUNDATION INC operate?
THE CARY FOUNDATION INC is headquartered in Knightstown, IN.
Who funded THE CARY FOUNDATION INC recently?
In 2024, THE CARY FOUNDATION INC received grants from COMMUNITY FOUNDATION OF HANCOCK COUNTY INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE CARY FOUNDATION INC received in 2024?
The largest grant to THE CARY FOUNDATION INC in 2024 exceeds $10 thousand.