Crane Family Foundation
- Assets
- $287.5k
- Revenue
- $20.7k
- Investments
- $264.2k
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 93-1241577
Organization Overview
Crane Family Foundation is located in Lake Oswego, OR. The organization was established in 1998. 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. Crane Family 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, Crane Family Foundation generated $20.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $34.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Crane Family Foundation has awarded 186 individual grants totaling $321,064. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION FURTHERED ITS CONTRIBUTION GOAL BY DONATING TO 24 ORGANIZATIONS AND INDIVIDUALS WHO SHARE THE SAME VISION OF HELPING THE POOR, NEEDY AND DISENFRANCHISED OF THE WORLD BY MEETING THEIR NEEDS AND BY SHARING THE GOOD NEWS OF JESUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas A Crane Executive Dir. | 15 | $0 | |
Timothy M Crane Secretary | 1 | $0 | |
Benjamin M Crane Vice President | 1 | $0 | |
Katherine Crane Assistant Dir. | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,120 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,561 |
| Capital Gain Net Income | $9,561 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,681 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $360 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,782 |
| Printing and publications | $0 |
| Other expenses | $15,543 |
| Total operating and administrative expenses | $25,685 |
| Contributions, gifts, grants paid | $8,381 |
| Total expenses and disbursements | $34,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,313 |
| Savings and temporary cash investments | $0 |
| 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 | $264,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $287,532 |
| 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 | $6,623 |
| Total liabilities | $6,623 |
Grants Awarded
Over the last fiscal year, Crane Family Foundation has awarded $8,381 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
FLY FISHING COLLABORATIVE PURPOSE: TRAIN MAJORITY WORLD CHURCH PLANTERS, PASTORS AND CHRITIAN LEADERS TO EFFECTIVELY EQUIP THEIR CONGREGATIONS TO EVANGELIZE AND DISCIPLE THEIR COMMUNITIES FOR CHRIST. | $1,375 |
HOPE FOR THE HOMELESS PURPOSE: TO IDENTIFY AND FINANCIALLY PARTNER WITH ORGANIZATIONS IN THE PORTLAND AREA THAT ARE SUCCESSFULLY HELPING MEN, WOMEN, AND CHILDREN GAIN STABILITY IN THEIR LIVES SO THEY ARE NO LONGER HOMELESS. | $1,000 |
ALPHA USA PURPOSE: CREATE SPACES FOR HONEST, OPEN, AND JUDGEMENT-FREE CONVERSATIONS FOR ANYONE TO EXPLORE THE CHRISTIAN FAITH. | $1,000 |
YOUNG LIFEORG PURPOSE: BUILD BRIDGES OF AUTHENIC FRIENDSHIP AND INTRODUCE THEM TO JESUS CHRIST. | $1,000 |
Phoenix, AZ PURPOSE: INSPIRED BY CHRISTIAN BELIEF THAT EVERY PERSON HAS INTRINSIC VALUE AND IT IS OUR RESPONSIBILITY TO ADVOCATE FOR THE POOR AND MARGINALIZE WITHOUT REGARD TO RACE, CREED OR NATIONALITY AND WITHOUT ADVERSE DISTINCTION OF ANY KIND. | $592 |
FAMILY PROMISE PURPOSE: END HOMELESSNESS ONE FAMILY AT A TIME. | $529 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crane Family Foundation has recieved totaling $338,102.
| Awarding Organization | Amount |
|---|---|
Discovery Land Company Foundation Beverly Hills, CA PURPOSE: CHILDREN'S PROGRAM & SUPPORT | $338,102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
The Barbara And Gerson Bakar Foundation San Francisco, CA | $150,075,547 | $19,097,345 |
William G Irwin Charity Foundation San Francisco, CA | $95,703,761 | $19,136,887 |
Edgerton Foundation Los Angeles, CA | $106,952,264 | $9,589,110 |