Cara Charitable Foundation Inc
EIN 203996824About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending November 30, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $410,000. This amount represents 25% or more of the Foundation's net assets of $1,497,721 (as measured by fair market value) at the beginning of the Foundation's taxable year ending November 30, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $115K | $1.8M | $93K | 11 |
| 2017 | $90K | $1.9M | $83K | 8 |
| 2018 | $97K | $1.8M | $14K | 13 |
| 2020 | $454K | $1.5M | $223K | 20 |
| 2021 | $410K | $1.3M | $438K | 13 |
| 2022 | $341K | $760K | $149K | 10 |
| 2023 | $319K | $475K | $44K | 8 |
| 2024 | $352K | $168K | $34K | 8 |
Grant Size Distribution
Based on 91 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (91 total)
| Purpose | ||||
|---|---|---|---|---|
| Our Katahdin | Millinocket, ME | $334,000 | General & Unrestricted | 2024 |
| Our Katahdin | Millinocket, ME | $275,500 | General & Unrestricted | 2023 |
| Our Katahdin | Millinocket, ME | $253,500 | General & Unrestricted | 2022 |
| Our Katahdin | Millinocket, ME | $219,500 | General & Unrestricted | 2021 |
| Our Katahdin | Millinocket, ME | $110,000 | Broadband campaign/Demand Aggregation for community and Katahdin Summit event and General purposes | 2020 |
| Our Katahdin | Millinocket, ME | $95,000 | Food/Heat/Shelter for Mobilize Katahdin and as a match for Northern Forest Center activity | 2021 |
| Our Katahdin | Millinocket, ME | $90,000 | relief fund to families and individuals, Mobilize Katahdin, support general needs, Broadband Development and other... | 2020 |
| Our Katahdin | Millinocket, ME | $65,000 | to support General Activities, Katahdin Summit and Broadband initiative | 2020 |
| Our Katahdin | Millinocket, ME | $64,000 | Mobilize Katahdin/Local food drives and general funds | 2020 |
| St Andrews School of Delaware Inc | Middletown, DE | $60,000 | General & Unrestricted | 2016 |
| St Andrews School of Delaware Inc | Middletown, DE | $60,000 | General & Unrestricted | 2017 |
| Our Katahdin | Millinocket, ME | $35,000 | Mobilize Katahdin and Food/shelter support in community | 2020 |
| Camden Public Library | Camden, ME | $35,000 | Capital Campaign Pledge | 2021 |
| Massachusetts General Hospital | Boston, MA | $30,000 | Bugoye, Uganda, Health Clinic Program | 2016 |
| St Andrews School of Delaware Inc | Middletown, DE | $25,000 | General & Unrestricted | 2018 |
| Camden Public Library | Camden, ME | $20,000 | Capital Campaign | 2020 |
| International Rescue Committee Inc | Albert Lea, MN | $20,000 | Ukrainian Refugee Crisis | 2022 |
| Town of Millinocket | Millinocket, ME | $16,000 | Town of Millinocket financial hardship fund | 2023 |
| Lifeflight Foundation | Camden, ME | $15,000 | General & Unrestricted | 2017 |
| Camden Public Library | Camden, ME | $15,000 | Capital | 2022 |
| St Annes Episcopal School | Middletown, DE | $15,000 | General & Unrestricted | 2018 |
| Lifeflight Foundation | Camden, ME | $12,500 | General & Unrestricted | 2021 |
| Millinocket Regional Hospital | Millinocket, ME | $12,500 | General & Unrestricted | 2021 |
| Lifeflight Foundation | Camden, ME | $11,700 | Islesboro Crossing swim Program | 2018 |
| Millinocket Regional Hospital | Millinocket, ME | $11,000 | General & Unrestricted | 2020 |