7-Eleven Cares Foundation
- Assets
- $13.8m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3558653
Organization Overview
7-Eleven Cares Foundation is located in Wilmington, DE. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 7-Eleven Cares 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, 7-Eleven Cares Foundation generated $10.0m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 15.7% 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 2018, 7-Eleven Cares Foundation has awarded 51 individual grants totaling $3,113,475. 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 |
|---|---|---|---|
Treasa Bowers Dir | 1 | $0 | |
Dawud Crooms Pres, Dir, Sec | 1 | $0 | |
Rankin Gasaway VP | 1 | $0 | |
Keith Jones VP | 1 | $0 | |
Nancy Lear Assistant Sec | 1 | $0 | |
Molly Long Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,006,787 |
| Interest on Savings | $333 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,007,120 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,695 |
| Total operating and administrative expenses | $13,695 |
| Contributions, gifts, grants paid | $1,203,475 |
| Total expenses and disbursements | $1,217,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,790,807 |
| 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 | $13,790,807 |
| 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, 7-Eleven Cares Foundation has awarded $1,203,475 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NATIONAL RED CROSS PURPOSE: PAKISTAN FLOOD RELIEF CAMPAIGN | $69,425 |
AMERICAN NATIONAL RED CROSS PURPOSE: HURRICANE IAN DISASTER RELIEF | $260,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: ANNUAL DISASTER RESPONDER PARTNERSHIP | $250,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: UKRAINE HUMANITARIAN AID/RELIEF CAMPAIGN | $250,000 |
ARMY SCHOLARSHIP FOUNDATION INC PURPOSE: CHARITABLE EVENT | $2,500 |
CARSON HIGH SCHOOL PURPOSE: CHEERLEADING TEAM | $250 |