George K And Marion F Craig Educational Trust Fund
- Assets
- $955.8k
- Revenue
- $74.4k
- Investments
- $909.3k
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 32-6365779
Organization Overview
George K And Marion F Craig Educational Trust Fund is located in Orlando, FL. The organization was established in 2017. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. George K And Marion F Craig Educational Trust Fund 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, George K And Marion F Craig Educational Trust Fund generated $74.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $65.6k during the year ending 12/2021. While expenses have increased by 4.8% 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.
Since 2018, George K And Marion F Craig Educational Trust Fund has awarded 43 individual grants totaling $185,375. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $341 |
| Dividends & Interest | $22,535 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,519 |
| Capital Gain Net Income | $51,519 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,395 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,421 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,062 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95 |
| Total operating and administrative expenses | $17,578 |
| Contributions, gifts, grants paid | $48,000 |
| Total expenses and disbursements | $65,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $261 |
| Savings and temporary cash investments | $46,187 |
| 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 | $478,296 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $955,769 |
| 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, George K And Marion F Craig Educational Trust Fund has awarded $48,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
HANNAH WILLIAMS PURPOSE: SCHOLARSHIP | $3,000 |
ALAN DALE MCRAE PURPOSE: SCHOLARSHIP | $3,000 |
KATIE HORNE PURPOSE: SCHOLARSHIP | $3,000 |
AKELA MARTIN PURPOSE: SCHOLARSHIP | $3,000 |
AYDEN BAUCOM PURPOSE: SCHOLARSHIP | $3,000 |
TAYLOR AUSTIN PURPOSE: SCHOLARSHIP | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cf Foundation Inc Atlanta, GA | $60,851,215 | $5,130,874 |
W I H Pitts Memorial Fund Ua 1125291 Orlando, FL | $81,861,752 | $8,345,825 |
World Poultry Foundation Inc Tucker, GA | $28,014,565 | $2,601,293 |
Disease Management Network Inc Coral Gables, FL | $1,845,694 | $4,211,323 |
Greater Orlando Childrens Miracle Network Inc Orlando, FL | $3,305,504 | $3,670,113 |
Waterfall Foundation Inc Atlanta, GA | $17,781,141 | $467,284 |
The Catholic Foundation Of Central Florida Inc Orlando, FL | $91,215,748 | $5,046,081 |
Jewish Family Services Of Broward Foundation Inc Davie, FL | $15,511,369 | $3,786,697 |
Charity Assets Trust Cumming, GA | $3,483 | $1,605,049 |
Homestead Station Qalicb Inc Homestead, FL | $34,172,244 | $0 |
Carol B Phelon Foundation Fort Myers, FL | $18,925,373 | $1,692,775 |
Volunteer Florida Foundation Inc Tallahassee, FL | $1,698,968 | $553,766 |