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Nonprofit · EIN 99-1544338

CB AND FRAN CARTER FOUNDATION

Tax-exempt · LUBBOCK, TX 79401

Financials

$8.4M$467K2024
Revenue Expenses · by fiscal year end
Financials of CB AND FRAN CARTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$8,361,846$467,313$7,894,533$7,894,533$0$7,894,533
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,691,143
Dividends
$172,855
Interest
$43,609
Net gain from sales of assets
$1,454,239

Expenses

Grants and similar amounts paid
$399,500
Compensation of officers, directors and key employees
$30,930
Disbursements for charitable purposes
$431,100
Excise tax on investment income
$22,719

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$7,894,533
Total liabilities, end of year
$0
Net assets, end of year
$7,894,533
Fair market value of assets
$8,021,497
Qualifying distributions
$431,100
Net investment income
$1,670,703

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PROSPERITY BANK
1401 AVE Q, LUBBOCK, TX 79401
TRUSTEE5$30,930

Address and contacts

Address (IRS master file)
1401 AVENUE Q, LUBBOCK, TX 79401-3819
In care of
% TROY HARRISON
Signed the 990-PF
PROSPERITY BANK, TRUSTEE
Phone
(806) 741-2174
Return prepared by
BOLINGER SEGARS GILBERT AND MOSS LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-1544338
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2025
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$7,976,666
Income (IRS master file)
$2,512,856

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$8,361,846$467,313$7,894,533IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-1544338).

Questions about CB AND FRAN CARTER FOUNDATION

What is the EIN of CB AND FRAN CARTER FOUNDATION?
The employer identification number (EIN) of CB AND FRAN CARTER FOUNDATION is 99-1544338.
Is CB AND FRAN CARTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to CB AND FRAN CARTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CB AND FRAN CARTER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CB AND FRAN CARTER FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CB AND FRAN CARTER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CB AND FRAN CARTER FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $30,930 (PROSPERITY BANK, TRUSTEE).
How much revenue does CB AND FRAN CARTER FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,361,846, expenses of $467,313 and total assets of $7,894,533 at year end.

Other nonprofits in LUBBOCK

All nonprofits in LUBBOCK · Texas · Education