Crew Family Foundation Inc
- Assets
- $603.2k
- Revenue
- $731.6k
- Investments
- $447.8k
- Employees
- 0
- Location
- Plainville, CT
- Founding
- 12/1987
- Data as of
- 10/2022
- EIN
- 06-1191170
Organization Overview
Crew Family Foundation Inc is located in Plainville, CT. The organization was established in 1987. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crew Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2022, Crew Family Foundation Inc generated $731.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $693.3k during the year ending 10/2022. While expenses have increased by 12.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Crew Family Foundation Inc has awarded 67 individual grants totaling $2,342,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted J Crew President Director | 0 | $0 | |
Peggy L Crew Secretary Director | 0 | $0 | |
Pam Baker Director | 0 | $0 | |
Kim Crew Director | 0 | $0 | |
Janet Wade Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $470,231 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,239 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $226,413 |
| Capital Gain Net Income | $226,413 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $681 |
| Total Revenue | $731,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,925 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,335 |
| Contributions, gifts, grants paid | $681,000 |
| Total expenses and disbursements | $693,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,372 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $447,815 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $603,187 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Crew Family Foundation Inc has awarded $681,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Alpharetta, GA PURPOSE: DONATION | $280,000 |
Grand Rapids, MI PURPOSE: DONATION | $100,000 |
Brunswick, GA PURPOSE: DONATION | $100,000 |
Brunswick, GA PURPOSE: DONATION | $100,000 |
PAN-AFRICAN ACADEMY OF CHRISTIAN SURGEONS PURPOSE: DONATION | $25,000 |
Brunswick, GA PURPOSE: DONATION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
United States Sailing Association Inc Bristol, RI | $8,027,126 | $11,092,289 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Sail Newport Inc Newport, RI | $8,050,460 | $2,453,105 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |