"I have come to realize that they who acquire wealth are more or less stewards in the application of that wealth to others of the human family who are less fortunate than themselves." -Amon G. Carter
|
Financial Information
Amon G. Carter Foundation
December 31, 2019 |
Assets |
| Cash & temporary investments |
|
|
$ |
52,401,088 |
| Fixed income investments |
|
|
|
7,833,112 |
| Publicly traded stocks |
|
|
|
362,493,391 |
| Hedge funds |
|
|
|
18,119,284 |
| Real estate, including partnerships |
|
|
|
48,318,563 |
| Mineral interests |
|
|
|
40,636,528 |
| Private equity partnerships |
|
|
|
139,564,110 |
| Notes receivable |
|
|
|
3,000,000 |
| Other assets |
|
|
|
32,436 |
Assets dedicated to exempt
purpose (at book value) |
|
|
|
56,862,785 |
| |
|
|
$ |
$729,261,297 |
| |
|
|
|
|
Liabilities and Fund Balance |
| |
|
|
|
|
|
Accounts payable |
|
|
$ |
$2,238,207 |
| |
|
|
|
|
| Grants payable |
|
|
$ |
20,240,000 |
| |
|
|
|
|
Fund Balance
|
|
|
|
|
| 1/1/2019 Balance |
$ |
642,357,558 |
|
|
| |
|
|
|
|
Royalties, net of production taxes
|
|
11,252,031 |
|
|
| Dividends & interest received |
|
8,924,265 |
|
|
| Rents & other income |
|
1,356,645 |
|
|
| Partnership income (loss) |
|
(1,483,220) |
|
|
| Administrative & investment expenses |
|
(4,286,922) |
|
|
| Ad valorem taxes |
|
(699,196) |
|
|
| Depreciation & depletion |
|
(662,883) |
|
|
| Federal & state excise & income taxes |
|
(780,936) |
|
|
| |
|
13,619,782 |
|
|
| Grants paid |
|
(28,410,173) |
|
|
Change in assets dedicated to
exempt purpose |
|
(6,772) |
|
|
| |
|
(14,797,163) |
|
|
| Recognized capital gains |
|
30,712,386 |
|
|
| Increase in unrealized gains |
|
39,787,102 |
|
|
| Decrease in grants payable |
|
6,485,000 |
|
706,783,090 |
| |
|
|
|
|
| |
|
|
$ |
729,261,297
|
| (Some values are preliminary.) |
|
|
|
|
| |
|
|
|
|
Grants 2018
Grants 2019
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