Josephine And Louise Cranefoundation
- Assets
- $0.0
- Revenue
- $10.8m
- Investments
- $41.2m
- Employees
- 0
- Location
- Falmouth, MA
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-8970284
Organization Overview
Josephine And Louise Cranefoundation is located in Falmouth, MA. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Josephine And Louise Cranefoundation 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, Josephine And Louise Cranefoundation generated $10.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 3 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.
Since 2020, Josephine And Louise Cranefoundation has awarded 361 individual grants totaling $14,218,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josephine Greene Director, President | 1 | $0 | |
Winnie Crane Mackey Director, VP (thru 08/2022) | 1 | $0 | |
Cameron K Mackey Treasurer/clerk | 1 | $0 | |
Winnie Greene Director | 1 | $0 | |
Amy L Greene Director | 1 | $0 | |
William T Mackey Director, VP (as Of 10/2022) | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ballentine Partners | 12/30/22 | $234,868 |
Td Banknorth | 12/30/22 | $99,834 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,610,023 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,447,261 |
| Total Revenue | $10,833,989 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $456,302 |
| Contributions, gifts, grants paid | $4,708,000 |
| Total expenses and disbursements | $5,164,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,407,648 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,772,468 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $15,000 |
Grants Awarded
Over the last fiscal year, Josephine And Louise Cranefoundation has awarded $5,110,000 in support to 130 organizations.
| Grant Recipient | Amount |
|---|---|
THE 300 COMMITTEE LAND TRUST INC PURPOSE: UNRESTRICTED | $50,000 |
18 DEGREES INC PURPOSE: UNRESTRICTED | $100,000 |
THE ALASKA WILDERNESS LEAGUE PURPOSE: UNRESTRICTED | $35,000 |
AL OTRO LADO PURPOSE: UNRESTRICTED | $5,000 |
ALTERNATIVES FOR COMMUNITY AND ENVIRONMENT INC PURPOSE: UNRESTRICTED | $25,000 |
BERKSHIRE AGRICULTERAL VENTURES INC PURPOSE: UNRESTRICTED | $20,000 |