Crane Charitable Trust
- Assets
- $3.4m
- Revenue
- $29.8k
- Investments
- $3.2m
- Employees
- 0
- Location
- Stonington, CT
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-2152289
Organization Overview
Crane Charitable Trust is located in Stonington, CT. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Crane Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Crane Charitable Trust has awarded 44 individual grants totaling $1,146,835. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $418 |
| Dividends & Interest | $47,969 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,602 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,785 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $64,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,136 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,010 |
| Total operating and administrative expenses | $140,250 |
| Contributions, gifts, grants paid | $130,578 |
| Total expenses and disbursements | $270,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $154,017 |
| 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 | $1,007,183 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,386,030 |
| 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, Crane Charitable Trust has awarded $130,578 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
TOMAQUAG INDIAN MEMORIAL MUSEUM PURPOSE: CAPITAL BUILDING CAMPAIGN | $1,200 |
LA GRUA CENTER PURPOSE: GENERAL USE IN PROVIDING CULTURAL PROGRAMS TO THE COMMUNITY. | $42,153 |
STONINGTON FREE LIBRARY PURPOSE: GENERAL FUND | $250 |
POCASSET POKANOKET LAND TRUST INC PURPOSE: START-UP OF A SPRING SEEDLING GREENHOUSE | $19,331 |
FREE WHEELIN FOUNDATION INC PURPOSE: START-UP FUNDING FOR RECREATIONAL PROGRAMS SERVING HANDICAPPED PERSONS AGED 7 AND OLDER. | $41,644 |
MISSAUKEE MOUNTAIN INC PURPOSE: GENERAL FUND | $20,000 |