Aventurine Tree Foundation
- Assets
- $3.1m
- Revenue
- $65.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 82-3638762
Organization Overview
Aventurine Tree Foundation is located in Wilmington, DE. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Aventurine Tree 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, Aventurine Tree Foundation generated $65.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.2%) each year. All expenses for the organization totaled $278.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Aventurine Tree Foundation has awarded 24 individual grants totaling $930,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Brad Craig Dir, VP | 1 | $0 | |
Jack Craig Treas | 1 | $0 | |
Lara Craig Dir, Sec, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,460 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,051 |
| Capital Gain Net Income | $53,051 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,115 |
| Total operating and administrative expenses | $28,730 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $278,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $842,633 |
| 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 | $2,271,425 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,114,058 |
| 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, Aventurine Tree Foundation has awarded $250,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF PERRY MANSFIELD PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
LOWELL WHITEMAN SCHOOL PURPOSE: HEAD OF SCHOOL FUND AND ENDOWMENT FUND | $30,000 |
LOWELL WHITEMAN SCHOOL PURPOSE: SMS SCHOLARSHIP FUND | $20,000 |
STEAMBOAT SPRINGS SCHOOL DISTRICT NO RE-2 PURPOSE: STEAMBOAT SPRING EDUCATION ASSOCIATION - SCHOLARSHIP FUND | $10,000 |
STEAMBOAT SYMPHONY ORCHESTRA PURPOSE: STRING SPROUTS PROGRAM | $15,000 |
THE FOUNDATION STEAMBOAT SPRINGS WINTER SPORTS CL PURPOSE: ACCESSIBLE PROGRAMMING AND COACH TRAINING SCHOLARSHIP FUND | $75,000 |