Cron Family Foundation
- Assets
- $488.7k
- Revenue
- -$419.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mill Neck, NY
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3731030
Organization Overview
Cron Family Foundation is located in Mill Neck, NY. The organization was established in 2009. 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. Cron Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Cron Family Foundation has awarded 74 individual grants totaling $288,625. 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
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Cron Trustee | 1 | $0 | |
Laureen Cron Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $656 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$420,339 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$419,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $174 |
| Contributions, gifts, grants paid | $31,000 |
| Total expenses and disbursements | $31,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,543 |
| 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 | $1,133 |
| Total assets | $488,676 |
| 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, Cron Family Foundation has awarded $31,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DAVID LYNCH FOUNDATION PURPOSE: TO HEAL TRAUMATIC STRESS AND RAISE PERFORMANCE | $5,000 |
LEADERSHIP ROUNDTABLE PURPOSE: SUPPORT THE 2022 CATHOLIC PARTNERSHIP SUMMIT | $5,000 |
MEMORIAL SLOAN KETTERING CANCER CENTER PURPOSE: PIONEERING ADVANCES IN UNDERSTANDING & TREATING CANCER | $10,000 |
ORIGINAL AMERICAN FOUNDATION PURPOSE: SUPPORT COMMUNITY GARDENS | $1,000 |
NEW YORK-PRESBYSTERIAN PURPOSE: TO PROVIDE WORLD-CLASS AND COMPASSIONATE CARE | $10,000 |