Croucher Foundation
- Assets
- $268.6m
- Revenue
- $19.4m
- Investments
- $251.7m
- Employees
- 0
- Location
- Founding
- 12/1985
- Data as of
- 09/2023
- EIN
- 98-0066847
Organization Overview
Croucher Foundation is located in null. The organization was established in 1985. 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. Croucher 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 09/2023, Croucher Foundation generated $19.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $11.8m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prof Timothy M Cox Trustee | 1 | $0 | |
Ms Josephine Price Trustee | 1 | $0 | |
Prof Vivian Wing Wah Yam Trustee | 1 | $0 | |
Prof Dennis Lo Trustee | 1 | $0 | |
Ms Yibing Zhu Trustee | 1 | $0 | |
Prof Artur Konrad Ekert Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Asia Pte Limited | 9/29/23 | $645,109 |
Withers | 9/29/23 | $103,779 |
Envision | 9/29/23 | $86,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28,619 |
| Dividends & Interest | $2,257,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,008,358 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $152,655 |
| Total Revenue | $19,447,233 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,098,514 |
| Pension plans, employee benefits | $123,308 |
| Interest | $0 |
| Taxes | $24,366 |
| Depreciation | $32,329 |
| Occupancy | $31,800 |
| Travel, conferences, and meetings | $299,313 |
| Printing and publications | $8,231 |
| Other expenses | $748,838 |
| Total operating and administrative expenses | $3,262,201 |
| Contributions, gifts, grants paid | $8,498,807 |
| Total expenses and disbursements | $11,761,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $332,979 |
| Savings and temporary cash investments | $3,221,163 |
| Net Accounts receivable | $9,257,978 |
| 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 | $208,773,049 |
| Net Land, buildings, and equipment | $4,043,069 |
| Other assets | $0 |
| Total assets | $268,604,716 |
| Accounts payable and accrued expenses | $151,102 |
| Grants payable | $4,206,026 |
| 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 | $4,357,128 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|