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, 2017

Assets

Cash & temporary investments     $ 82,730,878
Fixed income investments       27,170,637
Publicly traded stocks       326,368,808
Hedge funds       33,511,498
Real estate, including partnerships       37,929,342
Mineral interests       25,987,292
Private equity partnerships       93,380,523
Notes receivable       1,000,000
Other assets       26,481
Assets dedicated to exempt
purpose (at book value)
      56,876,329
      $ 684,981,788
         

Liabilities and Fund Balance

         
         
Grants payable     $ 15,605,000
         
Fund Balance
       
1/1/2017 Balance $ 631,164,721    
         
Royalties, net of production taxes
  8,025,307    
Dividends & interest received   8,865,994    
Rents & other income   5,688,466    
Partnership income (loss)   (1,411,916)    
Administrative & investment expenses   (3,124,373)    
Ad valorem taxes   (496,502)    
Depreciation & depletion   (742,128)    
Federal & state excise & income taxes   (5,561,140)    
    11,243,708    
Grants paid   (27,700,536)    
Change in assets dedicated to
exempt purpose
  33,228    
    (16,490,056)    
Recognized capital gains   14,967,010    
Increase in unrealized gains   39,385,113    
Decrease in grants payable   350,000   669,376,788
         
      $ 684,981,788
(Some values are preliminary.)        
         

 

Grants 2017
Grants 2016