Crowley-Shanahan Foundation
- Assets
- $13.1m
- Revenue
- $859.7k
- Investments
- $8.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1989
- Data as of
- 12/2022
- 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 12/2022, Crowley-Shanahan Foundation generated $859.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 23.1% 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 2016, Crowley-Shanahan Foundation has awarded 53 individual grants totaling $7,054,653. 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
2022
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 | $89,432 |
| Dividends & Interest | $263,281 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $506,986 |
| Capital Gain Net Income | $506,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $859,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $69 |
| Taxes | $6,725 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $954 |
| Printing and publications | $0 |
| Other expenses | $12,732 |
| Total operating and administrative expenses | $85,779 |
| Contributions, gifts, grants paid | $2,254,753 |
| Total expenses and disbursements | $2,340,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $814,038 |
| 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 | $698,121 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,400,000 |
| Total assets | $13,082,057 |
| Accounts payable and accrued expenses | $81 |
| 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 | $81 |
Grants Awarded
Over the last fiscal year, Crowley-Shanahan Foundation has awarded $2,254,753 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CORAM DEO ACADEMY PURPOSE: FINALIZATION OF MODULAR BUILDING WEIGHT ROOM | $50,000 |
EDEN PROJECT FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $1,174,941 |
OPERATION RESTORED WARRIOR PURPOSE: OPERATION RESTORED WARRIOR | $200,000 |
PATRICK HENRY COLLEGE PURPOSE: OPERATIONAL SUPPORT | $500,000 |
UNHINDERED INC PURPOSE: OPERATIONAL SUPPORT | $30,000 |
CORAM DEO ACADEMY PURPOSE: OPERATIONAL SUPPORT | $50,000 |