Kroon Foundation Inc
- Assets
- $4.2m
- Revenue
- -$158.4k
- Investments
- $3.4m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 11/1994
- Data as of
- 12/2022
- EIN
- 22-3299243
Organization Overview
Kroon Foundation Inc is located in Charlottesville, VA. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kroon Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Kroon Foundation Inc has awarded 238 individual grants totaling $1,520,100. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Kroon Pres. & Trea | 0.5 | $0 | |
Mary Jane Sheehan Kroon Secretary | 0.1 | $0 | |
David Fleming Kroon Trustee | 0.1 | $0 | |
Sarah Kroon Chiles Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $85 |
| Dividends & Interest | $27,784 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$186,346 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $111 |
| Total Revenue | -$158,366 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,689 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,944 |
| Contributions, gifts, grants paid | $277,550 |
| Total expenses and disbursements | $294,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $826,997 |
| Savings and temporary cash investments | $0 |
| 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 | $4,214,683 |
| 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, Kroon Foundation Inc has awarded $277,550 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
COMPASSION AND CHOICES PURPOSE: GENERAL | $2,500 |
COVENANT HOUSE PURPOSE: GENERAL | $2,000 |
CLEAN OCEAN ACTION PURPOSE: GENERAL | $250 |
CURE ALZHEIMER'S FUND PURPOSE: GENERAL | $15,000 |
ENVIRONMENTAL DEFENSE FUND PURPOSE: GENERAL | $20,000 |
HARVARD GRADUATE SCHOOL PURPOSE: GENERAL | $2,500 |