EIN 23-7436194

W.W. Caruth Jr. Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
1975
Most recent tax filings
2022-06-01
NTEE code, primary
Description
William Walter Caruth, Jr.’s philanthropic goals were to support frontier-advancing projects in public safety, education, and scientific and medical research. We are honored to continue the legacy of his generosity through strategic grantmaking while he was living and further carry out the wishes of his estate. W. W. Caruth, Jr. Foundation is housed here and represents the largest endowment in the organization’s portfolio. Throughout the last 20 years, W.W. Caruth, Jr. Foundation has made more than $110 million in grants.
Related structure
W.W. Caruth Jr. Foundation is a subordinate organization under Communities Foundation of Texas.
Total revenues
$32,925,098
2022
Total expenses
$34,799,826
2022
Total assets
$444,705,321
2022
Num. employees
0
2022

Program areas at W.W. Caruth Jr. Foundation

The Foundation achieves its mission by making grants to the supported organization, communities Foundation of Texas, which directs funds received by the Foundation to qualified scientific and medical research, education and public safety. Professional services fees are paid to cft for administrative and grant-making activities.

Grants made by W.W. Caruth Jr. Foundation

GranteeGrant descriptionAmount
Communities Foundation of TexasSupport for Grants Made To Qualified Organizations in the Fields of Scientific and Medical Research, Education, and Public Safety$29,784,900

Personnel at W.W. Caruth Jr. Foundation

NameTitleCompensation
David ScullinPresident and Chief Executive Officer Communities Foundation TX
Brent ChristopherFormer Management Trustee$0
Frank A RischManagement Trustee$0

Financials for W.W. Caruth Jr. Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$2,314,343
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$225,196
Net gain from sale of non-inventory assets$29,269,589
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,115,970
Total revenues$32,925,098

Form 990s for W.W. Caruth Jr. Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-062022-01-14990View PDF
2020-062021-04-06990View PDF
2019-062020-09-16990View PDF
2018-062019-06-19990View PDF
2017-062018-10-16990View PDF
...and 8 more Form 990s
Data update history
May 9, 2023
Updated personnel
Identified 1 new personnel
May 8, 2023
Used new vendors
Identified 2 new vendors, including , and
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Grantmaking organizationsCommunity foundationsChapter / child organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsOperates internationallyTax deductible donationsNo full-time employees
General information
Address
5500 Caruth Haven LN
Dallas, TX 75225
Metro area
Dallas-Fort Worth-Arlington, TX
County
Dallas County, TX
Phone
(214) 750-4222
IRS details
EIN
23-7436194
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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