Randall K And Rebecca L Craig Family Foundation Inc
- Assets
- $252.9k
- Revenue
- $56.1k
- Investments
- $247.5k
- Employees
- 0
- Location
- Evansville, IN
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 35-2156514
Organization Overview
Randall K And Rebecca L Craig Family Foundation Inc is located in Evansville, IN. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Randall K And Rebecca L Craig Family 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.
For the year ending 12/2022, Randall K And Rebecca L Craig Family Foundation Inc generated $56.1k 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 (5.4%) each year. All expenses for the organization totaled $56.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Randall K And Rebecca L Craig Family Foundation Inc has awarded 124 individual grants totaling $371,425. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall K Craig President | 0 | $0 | |
Rebecca L Craig Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,001 |
| Interest on Savings | $2 |
| Dividends & Interest | $5,265 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,838 |
| Capital Gain Net Income | $11,709 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $538 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $255 |
| Total operating and administrative expenses | $4,851 |
| Contributions, gifts, grants paid | $51,467 |
| Total expenses and disbursements | $56,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,726 |
| Savings and temporary cash investments | $2,624 |
| 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 | $247,510 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $252,860 |
| 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, Randall K And Rebecca L Craig Family Foundation Inc has awarded $51,467 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
SWIRCA & MORE PURPOSE: CHARITABLE GIFT | $11,500 |
SONLIGHT MINISTRIES PURPOSE: CHARITABLE GIFT | $2,280 |
CHRISTIAN LEGAL SOCIETY PURPOSE: CHARITABLE GIFT | $300 |
AMERICAN FAMILY ASSOCIATION PURPOSE: CHARITABLE GIFT | $300 |
EASTER SEALS REHABILITATION CENTER PURPOSE: CHARITABLE GIFT | $250 |
YMCA OF SOUTHWESTERN INDIANA PURPOSE: CHARITABLE GIFT | $250 |