Crown Family Foundation

Organization Overview

Crown Family Foundation is located in Chicago, IL. The organization was established in 1985. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Crown Family Foundation generated $10.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $40.4m during the year ending 06/2020. While expenses have increased by 4.6% per year over the past 5 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 2015, Crown Family Foundation has awarded 207 individual grants totaling $169,097,500. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND CARRY OUT THE EXEMPT PURPOSES OF THE JEWISH FEDERATION OF METROPOLITAN CHICAGO AND THE JEWISH UNITED FUND OF METROPOLITAN CHICAGO BY SUCH MEANS AS THE BOARD OF DIRECTORS OF THE ORGANIZATIONS MAY DETERMINE. THIS IS ACCOMPLISHED BY PROVIDING GRANTS TO CHARITABLE RELIGIOUS, EDUCATIONAL & SCIENTIFIC ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MADE GRANTS TO ORGANIZATIONS WHICH ARE EXEMPT UNDER SECTION 501(C)(3) UNDER THE INTERNAL REVENUE CODE. ALL ORGANIZATIONS TO WHICH GRANTS WERE MADE MEET THE CRITERIA UNDER WHICH THE FOUNDATION, THE JEWISH UNITED FUND OF METROPOLITAN CHICAGO, AND THE JEWISH FEDERATION OF METROPOLITAN CHICAGO WERE ESTABLISHED.


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Board, Officers & Key Employees

Name (title)Compensation
David T Brown
Vice President
$0
A Steven Crown
Vice President & Asst. Secretary
$0
Sara Crown Star
Vice President & Secretary
$0
Andrew Hochberg
Vice President
$0
Charles H Goodman
Treasurer
$0
David Sherman
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,385,098
Noncash contributions included in lines 1a–1f $2,385,098
Total Revenue from Contributions, Gifts, Grants & Similar$2,385,098
Total Program Service Revenue$0
Investment income $3,729,016
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,987,790
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,125,325

Grants Awarded

Over the last fiscal year, Crown Family Foundation has awarded $40,342,500 in support to 38 organizations.

Grant RecipientAmount

JEWISH FEDERATION OF METROPOLITAN CHICAGO

Org PageRecipient Profile

Chicago, IL

PURPOSE: Capital Campaign, COVID-19 Emergency Fund, Jewish Community Centers-EZRA, Council for Jewish Elderly, Fiedler Hillel at Northwestern, Fund for the Future Endowment, Israel Education Center, Israel Studies on Campus, and jBaby

$9,118,500

JEWISH UNITED FUND OF METROPOLITAN CHICAGO

Org PageRecipient Profile

Chicago, IL

PURPOSE: Fellowship and Equipment, Physician Fellowships, Israel Poverty Initiative, Family Plus, Leadership Programs, Medical Simulation Center, Lotus Code Training, Mayo Fellowships, Start-Up Your Career, Translational Stem Cell Research, Hydrologist, and Post-Trauma Training

$8,415,000

COVENANT FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: General Operating Support

$5,095,000

JERUSALEM FOUNDATION INC

Org PageRecipient Profile

New York, NY

PURPOSE: General Operating Support

$4,000,000

SINAI HEALTH SYSTEM

Org PageRecipient Profile

Chicago, IL

PURPOSE: Capital Campaign/Lobby

$2,000,000

AMERICAN FRIENDS OF TEL AVIV UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: Scholarships (750K), Institute for National Security Studies (750K)

$1,500,000
View Grant Profile

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