Crowley-Shanahan Foundation
- Assets
- $14.6m
- Revenue
- $3.5m
- Investments
- $13.0m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1989
- Data as of
- 12/2021
- EIN
- 75-2251477
Organization Overview
Crowley-Shanahan Foundation is located in Dallas, TX. The organization was established in 1989. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Crowley-Shanahan 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 12/2021, Crowley-Shanahan Foundation generated $3.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Crowley-Shanahan Foundation has awarded 58 individual grants totaling $6,094,900. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS OPERATED EXCLUSIVELY TO BENEFIT ORGANIZATIONS DESCRIBED IN SECTIONS 509(A)(1) OR 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF ORGANIZATIONS DESCRIBED IN SECTIONS 509(A)(1) OR 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Shanahan President & Treasurer | 1 | $0 | |
Sally Shanahan Vice President | 1 | $0 | |
Sarah Overman Secretary | 1 | $0 | |
Robert Landin Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $79,349 |
| Dividends & Interest | $197,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,185,022 |
| Capital Gain Net Income | $3,185,022 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,462,350 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $57,155 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $136,282 |
| Total operating and administrative expenses | $258,221 |
| Contributions, gifts, grants paid | $1,360,000 |
| Total expenses and disbursements | $1,618,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $520,626 |
| 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 | $7,197 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $580,107 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,000,000 |
| Total assets | $14,555,259 |
| Accounts payable and accrued expenses | $12,996 |
| 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 | $12,996 |
Grants Awarded
Over the last fiscal year, Crowley-Shanahan Foundation has awarded $1,360,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Purcellville, VA PURPOSE: OPERATIONAL SUPPORT | $400,000 |
UNHINDERED INC PURPOSE: OPERATIONAL SUPPORT | $240,000 |
OPERATION RESTORED WARRIOR PURPOSE: OPERATION RESTORED WARRIOR | $200,000 |
EDEN PROJECT FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Springfield, MO PURPOSE: CAMP BARNABUS CAPITAL CAMPAIGN | $100,000 |
CORAM DEO ACADEMY PURPOSE: FINALIZATION OF MODULAR BUILDING WEIGHT ROOM | $100,000 |
Endowment Analysis
| Beg. Balance | $9,277,424 |
| Earnings | $243,099 |
| Ending Balance | $9,520,523 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leta Mcfarlin Chapman Memorial Tr Tulsa, OK | $288,782,253 | $9,376,594 |
Nancy Ann Hunt Foundation Dallas, TX | $31,623,544 | $3,101,295 |
Don & Sybil Harrington Foundation Amarillo, TX | $137,610,156 | $21,691,315 |
John G Kenedy Jr Charitable Trust San Antonio, TX | $156,709,366 | $16,142,301 |
Bnsf Foundation Fort Worth, TX | $5,580,534 | $10,145,505 |
Walter S & Evan C Jones Trust Bank Iv Kansas Na Ttee Dallas, TX | $63,158,301 | $11,519,606 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX | $135,188,288 | $6,250,331 |
Charles G Woodward Tr Uw Dallas, TX | $129,576,152 | $18,439,245 |
John G Kenedy Jr Charitable Tr -Surface Estate Tr San Antonio, TX | $47,111,872 | $10,559,440 |
Mccombs Enterprises Flexible Benefit Cafeteria Plan & Trust San Antonio, TX | $5,330,904 | $6,919,349 |
J A & Leta M Chapman Tr 10267 Tulsa, OK | $125,788,673 | $4,652,723 |
David M Crowley Foundation Dallas, TX | $161,428,863 | $16,560,741 |