Crosser Family Foundation Inc is located in Noblesville, IN.
For the year ending 12/2017, Crosser Family Foundation Inc generated $118.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 47.9% each year . All expenses for the organization totaled $431.5k during the year ending 12/2017. While expenses have increased by 8.6% per year over the past 2 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
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| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet R Crosser Pres/treas | 14 | $0 | |
Carrie Renner Director | 1 | $0 | |
Craig Crosser V Pres | 1 | $0 | |
Clark Crosser Secy | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,324 |
| Dividends & Interest | $73,253 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,359 |
| Capital Gain Net Income | $44,359 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,936 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,661 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,165 |
| Total operating and administrative expenses | $64,737 |
| Contributions, gifts, grants paid | $366,750 |
| Total expenses and disbursements | $431,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,504 |
| 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 | $3,728,889 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,737 |
| Total assets | $3,795,130 |
| Accounts payable and accrued expenses | $2,000 |
| 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 | $2,000 |
Over the last fiscal year, Crosser Family Foundation Inc has awarded $366,750 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ST VINCENT FOUNDATION PURPOSE: GENERAL FUND | $83,250 |
BOYS AND GIRLS CLUB PURPOSE: GENERAL FUND | $112,500 |
PREVAIL INC PURPOSE: GENERAL FUND | $60,000 |
AGAPE THERAPEUTIC RIDING PURPOSE: GENERAL FUND | $4,000 |
GLEANERS FOOD BANK OF CENTRAL IN PURPOSE: GENERAL FUND | $10,000 |
HOPE ACADEMY PURPOSE: GENERAL FUND | $5,000 |