Cremona Foundation Inc
- Assets
- $1.2m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanicsville, MD
- Founding
- 11/1971
- Data as of
- 12/2023
- EIN
- 23-7136759
Organization Overview
Cremona Foundation Inc is located in Mechanicsville, MD. The organization was established in 1971. 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. Cremona 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FUNDAMENTAL AIM OF THE ORGANIZATION IS "TO BROADEN AND DEEPEN THE UNDERSTANDING OF PROBLEMS IN THE RELATIONSHIP OF MAN TO MAN, MAN TO SOCIETY, AND MAN TO HIS NATURAL ENVIRONMENT." TO THIS END, THE ACTIVITIES OF THE FOUNDATION INCLUDE ENGAGING IN AND SPONSORING OBJECTIVE SCHOLARSHIP AND RESEARCH AND THE PUBLICATION OF PROCEEDINGS OF EDUCATIONAL AND SCHOLARLY SYMPOSIA AND CONFERENCES. THE ORGANIZATION STRIVES TO CONSERVE, PRESERVE, PROTECT, AND MAINTAIN THE CREMONA PROPERTY. THIS INCLUDES ITS HISTORIC BUILDINGS, NATURAL WOODLANDS, PASTURES AND FIELDS, WETLANDS, AND RURAL, SCENIC, AND AGRICULTURAL CHARACTERISTICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS WORKING TOWARD INCREASED ACTIVITIES TO MEET THE MISSION AS DESCRIBED IN LINE 1.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Ruyle Dodge President/treasurer | 1 | $0 | |
Dr Donald Stabile VP & Secretary | 0.5 | $0 | |
Michael Whitson Trustee | 0.5 | $0 | |
Gus Kiorpes Trustee | 0.5 | $0 | |
Tom Repenning Trustee | 0.5 | $0 | |
Yvonne Robinson Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $534 |
| Total operating and administrative expenses | $4,034 |
| Contributions, gifts, grants paid | $16,416 |
| Total expenses and disbursements | $20,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $136,628 |
| 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 | $1,018,000 |
| Total assets | $1,154,628 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $160,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $160,000 |
Grants Awarded
Over the last fiscal year, Cremona Foundation Inc has awarded $19,832 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST MARY'S COLLEGE PURPOSE: HISTORIC ARCHEOLOGY RESEARCH | $8,594 |
OXFORD TREE-RING LABORATORY PURPOSE: DENDROCHRONOLOGY RESEARCH | $11,238 |