Mulhollem Cravens Foundation
- Assets
- $1.7m
- Revenue
- $360.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Carlisle, KY
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-3835578
Organization Overview
Mulhollem Cravens Foundation is located in Carlisle, KY. The organization was established in 2006. According to its NTEE Classification (T31) the organization is classified as: Community 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. Mulhollem Cravens 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, Mulhollem Cravens Foundation generated $360.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $368.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mulhollem Cravens Foundation has awarded 41 individual grants totaling $691,000. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul B Mulhollem Jr Director | 0 | $0 | |
Sylvia J Cravens Director | 0 | $0 | |
Valerie K Cravens Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $171,200 |
| Interest on Savings | $9,136 |
| Dividends & Interest | $23,779 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $156,319 |
| Capital Gain Net Income | $156,319 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $320 |
| Total Revenue | $360,754 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,885 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $176 |
| Total operating and administrative expenses | $20,069 |
| Contributions, gifts, grants paid | $348,000 |
| Total expenses and disbursements | $368,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $238,437 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,703,212 |
| 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, Mulhollem Cravens Foundation has awarded $348,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
NICHOLAS COUNTY FISCAL COURT PURPOSE: FLOOD RELIEF FUND | $75,000 |
Carlisle, KY PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $50,000 |
PARIS-BOURBON COUNTY YMCA PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $25,000 |
UNIVERSITY OF KENTUCKY PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $25,000 |
THE CARNEGIE CENTER PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $25,000 |
CROSSROADS FOOD BANK PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
The Community Foundation Inc Richmond, VA | $859,349,771 | $152,790,051 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Dayton Foundation Dayton, OH | $614,105,736 | $82,530,515 |
Charlottesville Area Community Foundation Charlottesville, VA | $339,690,669 | $77,610,040 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Hampton Roads Community Foundation Norfolk, VA | $431,066,210 | $16,919,172 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |
Akron Community Foundation Akron, OH | $274,088,705 | $39,277,326 |
Dayton Foundation Depository Dayton, OH | $38,449,497 | $25,927,776 |