Crabby Beach Foundation
- Assets
- $74.7m
- Revenue
- $6.9m
- Investments
- $72.7m
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 30-0179374
Organization Overview
Crabby Beach Foundation is located in Lake Oswego, OR. The organization was established in 2003. 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. Crabby Beach 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, Crabby Beach Foundation generated $6.9m in total revenue. All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 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.
Since 2015, Crabby Beach Foundation has awarded 255 individual grants totaling $27,403,317. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Becker Treasurer | 5 | $8,775 | |
Caroline Browne President | 0.1 | $0 | |
David Browne Director | 0.1 | $0 | |
Laura Winters Director | 0.1 | $0 | |
Travis Winters Director | 0.1 | $0 | |
Emily Browne Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,370,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,550,293 |
| Capital Gain Net Income | $5,550,293 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,920,332 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,775 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,345 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $267,797 |
| Total operating and administrative expenses | $321,917 |
| Contributions, gifts, grants paid | $4,680,000 |
| Total expenses and disbursements | $5,001,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,193 |
| Savings and temporary cash investments | $1,977,316 |
| 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 | $9,385,927 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $74,651,084 |
| 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, Crabby Beach Foundation has awarded $4,680,000 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: TO FULFILL ORGANIZATION'S CHARITABLE PURPOSE. | $300,000 |
UNIVERSITY OF WASHINGTON FOUNDATION PURPOSE: TO SUPPORT TWO ENDOWED SCHOLARSHIPS. | $300,000 |
NORTHWEST HARVEST PURPOSE: TO FULFILL ORGANIZATION'S CHARITABLE PURPOSE. | $300,000 |
San Francisco, CA PURPOSE: TO FULFILL ORGANIZATION'S CHARITABLE PURPOSE. | $250,000 |
HABITAT FOR HUMANITY INTL PURPOSE: TO FULFILL ORGANIZATION'S CHARITABLE PURPOSE - HALF INTERNATIONAL, HALF KITSAP COUNTY. | $250,000 |
Friday Harbor, WA PURPOSE: TO FULFILL ORGANIZATION'S CHARITABLE PURPOSE. | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |