Crossroads Foundation

Organization Overview

Crossroads Foundation is located in Pittsburgh, PA. The organization was established in 1985. 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. As of 06/2022, Crossroads Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crossroads 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 06/2022, Crossroads Foundation generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF CROSSROADS FOUNDATION IS TO PROVIDE PROMISING YOUTH WHO HAVE LIMITED OPTIONS ACCESS TO A QUALITY CATHOLIC HIGH SCHOOL EDUCATION BY NURTURING THEIR ACADEMIC AND PERSONAL GROWTH SO THEY MAY SUCCEED IN COLLEGE AND IN LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE ITS INCEPTION IN 1988 CROSSROADS FOUNDATION HAS WORKED TO TRANSFORM VULNERABLE URBAN ADOLESCENTS INTO SUCCESSFUL YOUNG SCHOLARS WHO ARE READY FOR COLLEGE. CROSSROADS STUDENTS RECEIVE FINANCIAL ASSISTANCE TO ATTEND A QUALITY CATHOLIC HIGH SCHOOL AS WELL AS ACADEMIC ASSISTANCE, CAREER AND COLLEGE GUIDANCE, AND PERSONAL-SOCIAL INTERVENTIONS IN ORDER TO ACHIEVE THEIR POTENTIAL. STUDENTS SELECTED INTO THE CROSSROADS PROGRAM ARE AVERAGE TO ABOVE AVERAGE STUDENTS WHO DEMONSTRATE POTENTIAL, BUT WHO WOULD BE AT RISK FOR SCHOOL FAILURE WITHOUT THE SUPPORT SERVICES CROSSROADS PROVIDES. APPROXIMATELY 35 - 40 SCHOLARS ARE ACCEPTED INTO THE PROGRAM EACH YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Esther Stief
Executive Director
$116,244
Dean A Calland
President
$0
Neal Shipley
Vice President
$0
Lamarcus Thurman
Treasurer
$0
Ryan Mccarthy
Secretary
$0
Matthew Stalder
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$4,680
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,689,707
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,694,387
Total Program Service Revenue$0
Investment income $367,884
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $89,267
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,151,538

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Crossroads Foundation has recieved totaling $281,244.

Awarding OrganizationAmount
Allegheny Foundation

Pittsburgh, PA

PURPOSE: GENERAL OPERATING SUPPORT

$100,000
Hansen Foundation

Sewickley, PA

PURPOSE: EDUCATION

$75,000
Paul G Benedum Jr Foundation

Pittsburgh, PA

PURPOSE: GENERAL

$20,000
The Irene C Shea Charitable Foundation

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$15,000
Elizabeth M Shiras Tr Fbo Childern

Pittsburgh, PA

PURPOSE: EQUITABLE PATHWAYS

$15,000
Poise Foundation

Pittsburgh, PA

PURPOSE: PROGRAM SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,457,557
Earnings-$1,769,742
Admin Expense$58,121
Ending Balance$9,629,694

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