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The Carter Family Foundation
The Carter Family Foundation is an American private foundation and philanthropic organization, with its headquarters based in Chicago. The foundation was created by coal tycoon and real estate magnate Hiram S. Carter (1890-1956) and his eldest son, John T. Carter I (1919-2001), in 1953.[1]
It ranks as one of the top 25 largest such foundations globally by endowment, with assets of over $9 billion.[2] The foundation's initial focus was on arts funding, particularly for museums and cultural institutions in the Greater Chicago area. Since the early 2000s, it has broadened its scope and supports regional and national medical research and healthcare provision. Its flagship project is the Joshua Carter Center.
Early History
Investments and Grants
Notable People
Current Board Members and Trustees
In mid-2003, John T. Carter III, a physician and Carter family descendant, became president of the Foundation board under the terms of the will of his grandmother, the socialite Millicent Fitzsimmons Carter. [Citation needed] An Associate Professor of Emergency Medicine affiliated with Cook County General Hospital, he oversaw the establishment of the Joshua Carter Center, which opened its doors in April 2009.[3]
The Carter Family Foundation
Foundation logo
Formation: June 27, 1953
Founders: Hiram Stanley Carter; John Truman Carter I
Type: Private foundation (IRS exemption status: 501(c)(3))
Location: Chicago, Illinois, U.S.
Endowment: $9.4bn in 2023[2]
Website: carterff.org