Crels Foundation

Organization Overview

Crels Foundation is located in Lititz, PA. The organization was established in 1955. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Crels 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, Crels Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 6.7% 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION CONDUCTS NO DIRECT CHARITABLE ACTIVITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $5,562
Dividends & Interest $346,176
Net Rental Income$0
Net Gain on Sale of Assets $2,095,392
Capital Gain Net Income $2,095,392
Net ST Capital Gain $69,242
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,447,130

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