Cause IQ organization profile

W.W. Caruth Jr. Foundation

W.W. Caruth Jr. Foundation is a organizations supporting multiple medical research nonprofit based in Dallas, TX that was founded in 1975. As of 2018 they had $17 million in revenue and $411 million in assets.

William Walter Caruth, Jr.'s philanthropic goals were to support frontier-advancing projects in public safety, education, and scientific and medical research.

EIN:

23-7436194

City:

Dallas

State:

Texas

Phone:

214-750-4222

Founded:

1975

Type:

501(c)(3)

NTEE:

H12: Organizations supporting multiple medical research organizations

Revenue:

$17,547,260

Assets:

$411,332,905

Employees:

Fiscal year end:

June

Revenue trends:

Asset trends:

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.

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

Fiscal year ending	Date received by IRS	Form	PDF link
2018-06	Jun 19, 2019	990	View PDF
2017-06	Oct 16, 2018	990	View PDF
2016-06	Jul 26, 2017	990	View PDF
2015-06	Mar 29, 2016	990	View PDF
2014-12	Oct 6, 2015	990	View PDF
...and five more Form 990 PDFs

Financials for W.W. Caruth Jr. Foundation

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$4,863,211	-100%
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$4,863,211	-100%

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$4,863,211	-100%
Program services	$0	$0
Investment income and dividends	$1,739,899	$1,521,083	14.4%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$2,605,819	$2,176,348	19.7%
Net gain from sale of non-inventory assets	$12,195,408	$2,635,309	362.8%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$1,006,134	$1,097,565	-8.3%
Total revenues	$17,547,260	$12,293,516	42.7%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$13,777,586	$15,597,337	-11.7%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$2,925,684	$2,726,429	7.3%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$0	$0
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$0	$0
Payroll taxes	$0	$0
Management fees	$0	$0
Legal fees	$73,311	$17,183	326.6%
Accounting fees	$18,500	$3,000	516.7%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$329,290	$686,516	-52.0%
Other fee-for-service	$0	$13,200	-100%
Advertising and promotion	$0	$0
Office expenses	$0	$0
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$0	$0
Travel	$0	$0
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$0	$0
Insurance	$0	$0
All other expenses	$23,097	$44,136	-47.7%
Total expenses	$17,147,468	$19,087,801	-10.2%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$5,041,966	$2,368,526	112.9%
Pledges and grants receivable	$4,863,211	$4,863,211
Accounts receivable	$238,832	$241,615	-1.2%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$25,986,688	$26,861,581	-3.3%
Investments, publicly traded securities	$361,912,381	$349,998,386	3.4%
Investments, other securities	$13,058,615	$13,058,615
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$231,212	$222,112	4.1%
Total assets	$411,332,905	$397,614,046	3.5%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$521,952	$684,944	-23.8%
Grants payable	$11,083,333	$9,955,747	11.3%
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$88,010	$88,010
Total liabilities	$11,693,295	$10,728,701	9.0%

Field	2018	2017
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for W.W. Caruth Jr. Foundation

Vendor	Services	Date
Moss Adams LLP	Tax accounting	2019-01-28
██████	Fundraising software	2018-05-10
█████████ ████████	Software	2018-05-10

Personnel at W.W. Caruth Jr. Foundation

Name	Title	Compensation	Most recent data
David Scullin	President and Chief Executive Officer Communities Foundation TX	-	May 13, 2019
Brent Christopher	Former Management Trustee	$0	June 30, 2016
█████ █ █████	Management Trustee	$0	Dec. 31, 2014

Peer organizations supporting multiple medical research organizations

	Name	Type	Revenue	Location
1	Rett Syndrome Research Trust (RSRT)	501(c)(3)	$9.6 million	Trumbull, CT
2	Hope for Depression Research Foundation (HDRF)	501(c)(3)	$8.3 million	New York, NY
3	TGen Foundation	501(c)(3)	$5.4 million	Phoenix, AZ
4	Brain and Behavior Research Foundation	501(c)(3)	$17 million	New York, NY
5	Cancer Research Institute (CRI)	501(c)(3)	$25 million	New York, NY
6	Children's Hospital Foundation / Children's Medical Research Inc	501(c)(3)	$6.0 million	Oklahoma City, OK
7	American Kennel Club Canine Health Foundation (AKCCHF)	501(c)(3)	$4.7 million	Raleigh, NC
8	Scleroderma Research Foundation (SRF)	501(c)(3)	$4.7 million	San Francisco, CA
9	Pap Corps Champions for Cancer Research	501(c)(3)	$5.1 million	Deerfield Beach, FL
10	Sunnybrook Foundation	501(c)(3)	$52 million	Canada,
11	Children's Tumor Foundation	501(c)(3)	$12 million	New York, NY
12	The V Foundation	501(c)(3)	$40 million	Cary, NC
13	Melanoma Research Foundation (MRF)	501(c)(3)	$5.3 million	Washington, DC
14	The Bluefield Project to Cure Frontotemporal Dementia	501(c)(3)	$8.5 million	San Francisco, CA
15	Boomer Esiason Foundation	501(c)(3)	$5.8 million	Bethesda, MD
16	Children's Cancer Research Fund	501(c)(3)	$17 million	Minneapolis, MN
17	Baptist Health South Florida Foundation	501(c)(3)	$35 million	Coral Gables, FL
18	Pedal the Cause	501(c)(3)	$6.2 million	St Louis, MO
19	THE Breast Cancer Research Foundation	501(c)(3)	$79 million	New York, NY
20	CURE Childhood Cancer	501(c)(3)	$6.6 million	Atlanta, GA
21	Prostate Cancer Foundation (PCF)	501(c)(3)	$43 million	Santa Monica, CA
22	National Foundation for Cancer Research (NFCR)	501(c)(3)	$13 million	Rockville, MD
23	Foundation for Physical Therapy	501(c)(3)	$5.6 million	Alexandria, VA
24	American Bar Endowment	501(c)(3)	$11 million	Chicago, IL
25	Foundation of Wesley Woods	501(c)(3)	$4.9 million	Atlanta, GA

Also explore

Want more details?

You're in good company! Cause IQ's customers include leading technology, accounting, financial services, consulting, fundraising, and other firms.

Request a demo and see Cause IQ in action!

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for organizations supporting multiple medical research organizations, qualify inbound opportunities like W.W. Caruth Jr. Foundation, benchmark clients to other organizations supporting multiple medical research nonprofits, and enrich existing CRM information.

Already a customer?

Log in to see a complete profile, including all key personnel, Form 990 PDF downloads, vendors, and organization reports.

Curious how Cause IQ can help you grow, maintain, and serve your nonprofit clients?

Get a demo