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Carlton Family Foundation Trust at a glance

· Private foundation

Carlton Family Foundation Trust

Its FY2024 filing reports that it accepted unsolicited grant applications.

$310k
Granted FY2024still arriving
3
Grants FY2024still arriving
3
States reached
$200k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Health$996kEducation$732kCommunity Improvement$200kArts & Culture$140kCrime & Legal$120kMembership Benefit$110kHuman Services$90kReligion$10kOther$0
02FY2024 · 3 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k1 grant · $10k
  • $50k–250k2 grants · $300k
$100,000
Median grant
3
States reached
$439k
Total assets
Largest grants
RecipientAmount
START UP WACO$200,000
Individual grant recipient$100,000
RISE COLLECTIVE GLOBAL INC$10,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–20, $45k) land where the poverty rate runs at 14%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%HEART LIGHT MINISTRIES: $5k → 16%FAMILY RESEARCH COUNCIL: $20k → 14%FAMILY RESEARCH COUNCIL: $20k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

79%of every dollar goes to organizations it has funded before.
$1.9M · 10 repeat orgs$500k to everyone else

Grantees it renews have grown median revenue +36% since the first grant, against +20% for those funded once.

10 repeat relationships: 1 still active in FY2024, 9 since wound down; 2 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

10
8

Total granted

$1.9M
$290k

Median revenue growth · since first grant

+36%
+20%

Still filing today

80%
38%

New vs renewed · share of each year

In FY2024, 32% of grant dollars renewed an existing relationship; $210k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
HealthHuman ServicesEducationCommunity ImprovementReligionCrime & LegalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • BAYLOR UNIVERSITY
    4× · 2017–2023 · $601k · revenue +57%
  • EA
    EASTERSEALS ARKANSAS
    7× · 2017–2023 · $495k · revenue +193%
  • AA
    ALZHEIMER'S ARKANSAS PROGRAMS & SERVICES
    4× · 2017–2020 · $176k · revenue +36%

Funded once

  • E
    EXODUSLIFE
    one grant, 2020 · $120k · revenue +20%
  • AA
    ALS ASSOCIATION- INDIANA CHAPTER
    one grant, 2018 · $100k
  • CF
    CARTI Foundation Inc
    one grant, 2022 · $25k · revenue -40%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Baptist Health System Foundation Inc

To make hope, healing and well-being accessible to every person as an expression of God's love.

—
2
Episcopal Health Foundation

To advance the Kingdom of God with specific focus on human health and well-being, through grants, research and initiatives in support of the mission of the Episcopal Diocese of Texas.

Health
3
Baptist Health Extended Care Hospital

To provide long term acute care to patients in little rock, arkansas. this facility provides a benefit to a number of local hospitals, physicians and the community as a whole.

Health
4
Reformed University Inc

Provide education in theology, divinity, religious education, ministerial training, business and organizational leadership.

Education
5
Dallas International University

As a christian university, we provide education and research opportunities preparing global leaders to partner with local communities.

Education
6
Barclay College

The mission of barclay college is to prepare students in a bible-centered environment for effective christian life, service, and leadership.

Education
7
Butterfield Trail Village Inc

To provide contractual services, amenities and accomodations in an environmentally pleasing and secure environment, to promote privacy and a sense of community, and to offer opportunities for personal growth and well-being.

Human Services
8
Erskine College and Theological Seminary

Erskine College exists to glorify God as a Christian academic community where students are equipped to flourish as whole persons for lives of service through the pursuit of undergraduate liberal arts and graduate theological education.

Education
9
East Texas Baptist University

East texas baptist university (etbu) was founded in 1912 as a fully accredited institution of higher education. affiliated with the baptist general convention of texas, etbu educates students by integrating biblical faith and learning to…

Education
10
Baptist Health System Inc

Baptist health system, inc. as an expression of our christian mission, seeks to serve many people by adopting a continuum of professional health care, which includes, but not limited to senior housing, long and short term nursing and…

Health
11
Baptist Health System Inc

To make hope, healing and well-being accessible to every person as an expression of God's love.

Health
12
Alliance for Transformational Ministry

Enable christian organizations worldwide to initiate and strenghten ministries that lead people to become followers of jesus and transform communities out of cycles of poverty and disease.

Religion
How this is measured
The grantee most central to the portfolio’s shape is Baptist Health Foundation Inc; the most unlike its peers is Baylor University. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

13 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 13 of the 20 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
13/13
Grantees still filing
6/13
Grew since first funded

Where the money sits, by cause and then by grantee

EASTERSEALS ARKANSAS: $495,000 · HealthEASTERSEALS ARKANSASBaptist Health Foundation Inc: $200,000 · HealthBaptist Health Foundation IncALZHEIMER'S ARKANSAS PROGRAMS & SERVICES: $176,000 · HealthALZHEIMER'S ARKANSAS PROGRAMS & SERVICES+1 more: $25,000 · HealthBAYLOR UNIVERSITY: $600,500 · EducationBAYLOR UNIVERSITYThe CKS Foundation: $51,000 · EducationThe CKS FoundationIndividual grant recipient: $125,000 · OtherIndividual grant reci…PI BETA PHI FOUNDATION: $110,000 · OtherPI BETA PHI FOUNDATIO…ALS ASSOCIATION- INDIANA CHAPTER: $100,000 · OtherALS ASSOCIATION- INDI…ARKANSAS BAPTIST SCHOOL: $80,000 · OtherARKANSAS BAPTIST SCHO…Individual grant recipient: $20,000 · Other+3 more: $20,000 · OtherWACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC: $200,000 · Community ImprovementWACO ENTR…EXODUSLIFE: $120,000 · Crime & LegalFAMILY RESEARCH COUNCIL: $40,000 · Human ServicesRIVER CITY MINISTRY OF PULASKI COUNTY: $25,000 · Human ServicesHEARTLIGHT MINISTRIES INC: $5,000 · Human ServicesRISE COLLECTIVE GLOBAL INC: $10,000 · Religion
Health$896,000Education$651,500Other$455,000Community Improvement$200,000Crime & Legal$120,000Human Services$70,000Religion$10,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetBAYLOR UNIVERSITY: $600,500 over 4y, 0.0% of budgetEASTERSEALS ARKANSAS: $495,000 over 7y, 0.6% of budgetBaptist Health Foundation Inc: $200,000 over 7y, 0.8% of budgetWACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC: $200,000 over 1y, 1.9% of budgetALZHEIMER'S ARKANSAS PROGRAMS & SERVICES: $176,000 over 4y, 9.8% of budgetEXODUSLIFE: $120,000 over 1y, 23% of budgetPI BETA PHI FOUNDATION: $110,000 over 3y, 1.1% of budgetThe CKS Foundation: $51,000 over 2y, 1.0% of budgetFAMILY RESEARCH COUNCIL: $40,000 over 2y, 0.1% of budgetRIVER CITY MINISTRY OF PULASKI COUNTY: $25,000 over 5y, 0.8% of budgetCARTI Foundation Inc: $25,000 over 1y, 0.6% of budgetRISE COLLECTIVE GLOBAL INC: $10,000 over 1y, 4.9% of budgetHEARTLIGHT MINISTRIES INC: $5,000 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds BAYLOR UNIVERSITY ↗
  • Who funds EASTERSEALS ARKANSAS ↗
  • Who funds Baptist Health Foundation Inc ↗
  • Who funds WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC ↗
  • Who funds ALZHEIMER'S ARKANSAS PROGRAMS & SERVICES ↗
  • Who funds EXODUSLIFE ↗
  • Who funds PI BETA PHI FOUNDATION ↗
  • Who funds The CKS Foundation ↗
  • Who funds FAMILY RESEARCH COUNCIL ↗
  • Who funds RIVER CITY MINISTRY OF PULASKI COUNTY ↗
  • Who funds CARTI Foundation Inc ↗
  • Who funds RISE COLLECTIVE GLOBAL INC ↗
  • Who funds HEARTLIGHT MINISTRIES INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Arkansas Community Fo…C Louis and Mary C Ca…Natl Christian Charit…The Bank of America C…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Arkansas Community Foundation IncAR15.3× affinity5 shared granteesties to 6 of 6Hover any node to trace its alignments.Compare side by side →

Open a dossier: Arkansas Community Foundation Inc · C Louis and Mary C Cabe Foundation · Natl Christian Charitable Fdn Inc · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Carlton Family Foundation Trust funds: left to right is the share of its income from government, bottom to top the share from Carlton Family Foundation Trust. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%2%6%14%25%funder's share of their income ↑0%6%13%19%25%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    6report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–25%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 20 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Carlton Family’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home