nonprofit logo

W W Caruth Jr Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237436194 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

Overview

What is W W Caruth Jr Foundation?

The W W Caruth Jr Foundation is a charitable trust based in Dallas, Texas. It functions as a supporting organization of Communities Foundation of Texas (CFT), directing funds towards education, public safety, and scientific research. The foundation's mission is to address intricate community issues in these areas by collaborating with nonprofits under CFT's management. The board of trustees at CFT oversees the distribution of the funds granted by the W W Caruth Jr Foundation.


Is W W Caruth Jr Foundation legitimate?

W W Caruth Jr Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. W W Caruth Jr Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,802,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of W W Caruth Jr Foundation?
Who is the CEO of W W Caruth Jr Foundation?
What is the revenue of W W Caruth Jr Foundation?
Who are the executives of W W Caruth Jr Foundation and what are their salaries?
Where can I find the form 990 for W W Caruth Jr Foundation?

Mission Statement of W W Caruth Jr Foundation

The W W Caruth Jr Foundation is a supporting organization of the Communities Foundation of Texas, with a mission to direct funding towards education, public safety, and scientific research. This trust, exclusively established for the Communities Foundation of Texas, allows its board of trustees to allocate funds received by the trust to eligible nonprofits in these fields. The W W Caruth Jr Foundation accomplishes its goal by making grants to the Communities Foundation of Texas, which then distributes the funds to qualified scientific and medical research, education, and public safety organizations. The Communities Foundation of Texas collects professional services fees for its administrative and grant-making activities.

Impact

This information is meant to be a general summary of W W Caruth Jr Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The W W Caruth Jr Foundation's impact is focused on directing funding towards education, public safety, and scientific research. By making grants to the Communities Foundation of Texas, which then allocates funds to qualified scientific and medical research, education, and public safety initiatives, the foundation works towards solving complex community issues in these areas. Through its support to the CFT, the W W Caruth Jr Foundation contributes to the advancement of important causes and the improvement of communities in Dallas, Texas.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,583,932
  • Program Service Revenue: $0
  • Gross Receipts: $80,026,250

    • Assets and Liabilities:
  • Total Assets: $444,705,321
  • Total Liabilities: $21,394,048
  • Net Assets: $423,311,273
  • Organization Details

    Founding Year

    1975

    Principal Officer

    Communities Fdn Of Texas

    Main Address

    5500 CARUTH HAVEN LANE, DALLAS, TX, 75225

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of W W Caruth Jr Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.