Craven Family Foundation
- Assets
- $607.9k
- Revenue
- $17.4k
- Investments
- $593.5k
- Employees
- 0
- Location
- Austin, TX
- Founding
- 12/1999
- Data as of
- 12/2023
- EIN
- 74-2903652
Organization Overview
Craven Family Foundation is located in Austin, TX. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Craven Family Foundation 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 12/2023, Craven Family Foundation generated $17.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $24.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Craven Family Foundation has awarded 30 individual grants totaling $213,682. 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 |
|---|---|---|---|
Donald Allen Craven Jr President/treasurer | 0.1 | $0 | |
Donald Allen Craven Sr Vice President | 0.1 | $0 | |
Tiffany Aldrich Craven Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,667 |
| Capital Gain Net Income | $12,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,378 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $866 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,978 |
| Contributions, gifts, grants paid | $19,700 |
| Total expenses and disbursements | $24,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,063 |
| Savings and temporary cash investments | $5,403 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $607,924 |
| 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, Craven Family Foundation has awarded $19,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTIN COMMUNITY FOUNDATION PURPOSE: FUND ORGANIZATION'S EXEMPT PURPOSE | $17,677 |
FAMILY ELDERCARE PURPOSE: FUND ORGANIZATION'S EXEMPT PURPOSE | $2,023 |