Amon G. Carter Foundation

"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, 2016

Assets

Cash & temporary investments     $ 90,833,394
Fixed income investments       27,371,944
Publicly traded stocks       282,333,033
Hedge funds       44,192,579
Real estate, including partnerships       34,703,802
Mineral interests       24,831,301
Private equity partnerships       84,867,691
Notes receivable       1,000,000
Other assets       142,876
Assets dedicated to exempt
purpose (at book value)
      56,843,101
      $ 647,119,721
         

Liabilities and Fund Balance

         
         
Grants payable     $ 15,955,000
         
Fund Balance
       
1/1/2015 Balance $ 611,534,4112    
         
Royalties, net of production taxes
  6,473,302    
Dividends & interest received   7,505,740    
Rents & other income   1,026,944    
Partnership income (loss)   (243,323)    
Administrative & investment expenses   (2,913,622)    
Ad valorem taxes   (437,739)    
Depreciation & depletion   (399,691)    
Federal & state excise & income taxes   (543,840)    
    10,467,771    
Grants paid   (30,836,551)    
Change in assets dedicated to
exempt purpose
       
    (20,368,780)    
Recognized capital gains   27,929,314    
Increase in unrealized gains   10,514,775    
Decrease in grants payable   1,555,000   631,164,721
         
      $ 647,119,721
(Some values are preliminary.)        
         

 

Grants 2015
Grants 2016