Red Crane Foundation
- Assets
- $59.4m
- Revenue
- $5.0m
- Investments
- $57.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1992
- Data as of
- 12/2022
- 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 12/2022, Red Crane Foundation generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $2.2m during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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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 | $0 |
| Interest on Savings | $42,138 |
| Dividends & Interest | $1,465,398 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,496,699 |
| Capital Gain Net Income | $2,495,962 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $976,939 |
| Total Revenue | $4,981,174 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $13,695 |
| Taxes | $413,288 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,500 |
| Total operating and administrative expenses | $556,084 |
| Contributions, gifts, grants paid | $1,620,000 |
| Total expenses and disbursements | $2,176,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,236,277 |
| 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 | $41,728,329 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,385,587 |
| 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, Red Crane Foundation has awarded $1,620,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES SCHWAB CHARITABLE FUND (DAF) PURPOSE: GENERAL | $1,100,000 |
LINDEN TRUST FOR CONSERVATION PURPOSE: GENERAL | $500,000 |
ALLIED MEDIA PROJECTS PURPOSE: GENERAL | $20,000 |