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, 2018

Assets

Cash & temporary investments     $ 58,000,934
Fixed income investments       25,210,237
Publicly traded stocks       286,322,298
Hedge funds       17,385,613
Real estate, including partnerships       51,375,299
Mineral interests       40,636,528
Private equity partnerships       105,526,003
Notes receivable       1,000,000
Other assets       31,089
Assets dedicated to exempt
purpose (at book value)
      56,869,557
      $ 642,357,558
         

Liabilities and Fund Balance

         
         
Grants payable     $ 26,725,000
         
Fund Balance
       
1/1/2018 Balance $ 669,376,788    
         
Royalties, net of production taxes
  12,567,224    
Dividends & interest received   9,410,017    
Rents & other income   422,059    
Partnership income (loss)   (1,747,779)    
Administrative & investment expenses   (4,378,345)    
Ad valorem taxes   (510,461)    
Depreciation & depletion   (658,423)    
Federal & state excise & income taxes   (781,889)    
    14,322,403    
Grants paid   (37,426,842)    
Change in assets dedicated to
exempt purpose
  (6,772)    
    (23,111,211)    
Recognized capital gains   63,084,612    
Decrease in unrealized gains   (82,597,631)    
Increase in grants payable   (11,120,000)   615,632,558
         
      $ 642,357,558
(Some values are preliminary.)        
         

 

Grants 2017
Grants 2018