CarEth Foundation
264 N. Pleasant
Street, 2nd Floor
Amherst, MA 01002
Tel: 413-256-0349
Fax: 413-256-3536
email:
careth@funder.org
Website:
www.funder.org/grantmaking/careth
EIN: 04-2433914
Exempt
since
February 1967
Description: "Peace and
security"-style foundation
based on the fortune of
Boston investment counselor, G. Sterling
Grumman, who died in a mountain-climbing accident
in his seventies. First president, Grumman
sister Helen Burr
Grumman. Named for Carol and Ethel Grumman, aunts of G. Sterling
Grumman.
G. Sterling Grumman was
also an early board member of the loudly
anti-U.S.-policy Center for Defense Information.
Under leadership of
current president Ethel Ackley, another Grumman sister, CarEth Foundation has
funded
anti-biotech and anti-globalization organizations. A founder member on
the steering committee of the Funders Network on Trade and Globalization,
but no longer associated, according to CarEth officials.
CarEth Foundation
Revenue and Expenses: Fiscal Year Ending December 31,
2000
|
Revenue |
|
Expenses |
|
Contributions |
$0 |
|
Interest
on savings |
$103 |
|
Dividends |
$77,443 |
|
Capital
gains |
$402,756 |
|
Special Events |
$0 |
|
Sales |
$0 |
|
Other |
$0 |
|
|
|
Grants |
$250,000 |
|
Administration |
$18,038 |
|
Other |
$48,246 |
|
Total Expenditures |
$316,264 |
| |
|
|
Total Assets |
$2,142,150
|
|
|
Total Revenue |
$480,302 |
|
NET GAIN/LOSS |
$164,038 |
|
CarEth Foundation Board
of Directors,
2000
|
Ethel Ackley,
President |
Sandra Grumman, Vice-President |
|
Ted Ackley,
Secretary |
Paul Deats,
Treasurer |
|
Scott Ackley,
Director |
Bill Briggs,
Director |
|
Lee Grumman,
Director |
Byron
Rushing, Director |
|
|
Sample CarEth Foundation
grants:
Recipient: Center for
International Policy
Amount: $20,000
Recipient: Development
Group for Alternative Policy
Amount: $14,000
Recipient: Institute for
Agricultural and Trade Policy
Amount: $15,000
Recipient: Institute for
Policy Studies
Amount: $18,000
Recipient: Interhemispheric
Resource Center
Amount: $15,000
Recipient: International
Media Project
Amount: $15,000
Recipient: Global Exchange
Amount: $12,000
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|
