Earlane & Sam Croom Foundation

Organization Overview

Earlane & Sam Croom Foundation is located in Plano, TX. The organization was established in 2000. 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. Earlane & Sam Croom 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, Earlane & Sam Croom Foundation generated $275.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $203.9k during the year ending 12/2021. While expenses have increased by 26.3% per year over the past 4 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 2020, Earlane & Sam Croom Foundation has awarded 26 individual grants totaling $400,000. 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)Compensation
Sam G Croom Jr
Trustee
$0
Carolyn C Beatty
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $103,932
Interest on Savings $10
Dividends & Interest $80,455
Net Rental Income$0
Net Gain on Sale of Assets $91,376
Capital Gain Net Income $91,376
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $275,773

Grants Awarded

Over the last fiscal year, Earlane & Sam Croom Foundation has awarded $200,000 in support to 13 organizations.

Grant RecipientAmount

MEDIA RESEARCH CENTER

Org PageRecipient Profile

Reston, VA

PURPOSE: GENERAL OPERATING

$35,000

Plano, TX

PURPOSE: GENERAL OPERATING

$25,000

COLLIN CREEK ASSISTED LIVING CENTER INC

Org PageRecipient Profile

Plano, TX

PURPOSE: GENERAL OPERATING

$20,000

VISION AFRICA MINISTRIES

Org PageRecipient Profile

Dallas, TX

PURPOSE: GENERAL OPERATING

$20,000

THE HERITAGE FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL OPERATING

$20,000

Washington, DC

PURPOSE: GENERAL OPERATING

$20,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
William K Warren Foundation
Tulsa, OK
$38,179,587

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