Red Crane Foundation
- Assets
- $56.6m
- Revenue
- $34.5m
- Investments
- $54.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1992
- Data as of
- 12/2021
- EIN
- 13-3632753
Organization Overview
Red Crane Foundation is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Crane 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, Red Crane Foundation generated $34.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $16.2m during the year ending 12/2021. While expenses have increased by 51.1% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL
REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph H Gleberman Trustee | 1 | $0 | |
Carson Gleberman Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,186,515 |
| Interest on Savings | $4,980 |
| Dividends & Interest | $2,199,636 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,972,793 |
| Capital Gain Net Income | $16,972,793 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $102,534 |
| Total Revenue | $34,466,458 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $10,026 |
| Taxes | $106,750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $132,302 |
| Total operating and administrative expenses | $307,931 |
| Contributions, gifts, grants paid | $15,912,500 |
| Total expenses and disbursements | $16,220,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,516,379 |
| 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 | $11,102,416 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $56,630,126 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tiger Foundation New York, NY | $82,845,383 | $3,603,314 |
The James Beard Foundation Inc New York, NY | $7,570,117 | $18,186,794 |
Red Crane Foundation New York, NY | $56,630,126 | $34,466,458 |
Golden Eagle Foundation Albany, NY | $0 | $427,452 |
The Eagle Academy Foundation Inc New York, NY | $1,703,374 | $4,164,199 |
Falconwood Foundation Inc New York, NY | $660,761 | $1,072,171 |
Friends Of The Rosamond Gifford Zoo At Burnet Park Inc Syracuse, NY | $8,326,099 | $3,684,442 |
Crane Fund For Widows And Children Englewood Cliffs, NJ | $8,502,869 | $1,163,515 |
Paws Of War Inc Nesconset, NY | $3,386,038 | $3,547,370 |
Zoological Society Of New Jersey Inc West Orange, NJ | $4,041,580 | $2,628,906 |
Bailey Wildlife Foundation Cambridge, MA | $3,104,350 | $180,008 |
Zoological Society Of Buffalo Foundation Inc Buffalo, NY | $4,471,531 | $349,941 |