Craig & Rebecca Groves Foundation
- Assets
- $1.0m
- Revenue
- $65.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 02/2008
- Data as of
- 06/2021
- EIN
- 91-6572935
Organization Overview
Craig & Rebecca Groves Foundation is located in Boise, ID. The organization was established in 2008. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Craig & Rebecca Groves 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 06/2021, Craig & Rebecca Groves Foundation generated $65.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $66.3k during the year ending 06/2021. While expenses have increased by 7.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GRANTORS INTEND THAT THE SUPPORTING ORGANIZATION QUALIFIES AS A "SUPPORTING ORGANIZATION" AS DESCRIBED IN SECTION 509(A) (3) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM FEDERAL IMCONE TAXATION PURSUANT TO SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THIS SUPPORTING ORGANIZATION WAS CREATED AND SHALL BE OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, OR FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANILMALS, PURSUANT TO THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WITHIN THE UNITIED STATES OR ANY OF ITS POSSESSIONS. THIS ORGANZIATION WILL PROVED AT LEAST 25% OF THE BENEFIT AND SUPPORT OF THE CONGREGATIONS AHAVATH BETH INSRAEL. NO MORE THAN 75% OF THE BENEFIT AND SUPPORT FROM THIS ORGANIZATION WILL BE USED TO: TO PROMOTE AND SUPPORT EDUATION BY PROVIDING SCHOLARHSIP FUNDS FOR GENERAL FINANCIAL ASSISTANCE TO ALL LEVELS OF PUBLIC AND PRIVATE SCHOOLS. TO PROMOTE AND SUPPORT CHARITABLE ORAGNIZATIONS FOR CIVIL LIBER
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEFIT AND SUPPORT FOR THE CONGREGATION AHAVATH BETH ISRAEL, RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL PURPOSES, AND FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS PURSUANT TO THE PROVISIONS OF SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE WITHIN THE UNITED STATES OR ANY OF ITS POSSESSIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Daniel B Fink Co Trustee | Trustee | 1 | $0 |
R Craig Groves Grantor | Trustee | 1 | $0 |
Amy Duque Co Trustee | Trustee | 1 | $0 |
Sharon Ledesma Co Trustee | Trustee | 1 | $0 |
Jesikah Luangaphay Co Trustee | Trustee | 1.25 | $0 |
Rebecca L Groves Grantor | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $27,717 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $37,968 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,685 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,695 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,066 |
| All other expenses | $0 |
| Total functional expenses | $66,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,230 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $986,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,017,780 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,017,780 |
Grants Awarded
Over the last fiscal year, Craig & Rebecca Groves Foundation has awarded $58,915 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Boise, ID PURPOSE: SEE PART IV | $53,375 |
BOISE ART MUSEUM | | | $5,540 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Vision Foundation Seattle, WA | $20,255,366 | $508,332 |
Kreutzkamp Supporting Foundation Provo, UT | $0 | $0 |
Je Hitchner Fbo Ist Presbyterian Church Of Salem 1513844243 Las Vegas, NV | $8,689,089 | $254,820 |
Eliot Institute Seattle, WA | $220,714 | $454,075 |
Dell Loy Hansen Heart Foundation Inc Logan, UT | $3,239,486 | $474,511 |
St Sophia Greek Orthodox Church Bellingham, WA | $450,454 | $307,725 |
Samuel Israel Foundation Seattle, WA | $915,871 | $44 |
Bird Of Pray Foundation Billings, MT | $827,378 | $392,578 |
New Leaf Ministries Inc Emmett, ID | $55,171 | $212,969 |
L M Martin Trust Uw Fbo St Marks Las Vegas, NV | $1,792,891 | $289,942 |
St Matthews Foundation Gillette, WY | $4,226,995 | $239,436 |
Gfrm Nmtc Holdings Great Falls, MT | $8,480,351 | $105,199 |