Cruz Family Foundation Inc
- Assets
- $3.4m
- Revenue
- $202.0k
- Investments
- $3.3m
- Employees
- 0
- Location
- Rumson, NJ
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 45-4089937
Organization Overview
Cruz Family Foundation Inc is located in Rumson, NJ. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Cruz 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 12/2023, Cruz Family Foundation Inc generated $202.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $248.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cruz Family Foundation Inc has awarded 222 individual grants totaling $1,674,065. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Cruz President | 0.5 | $0 | |
Susan Cruz Barkey Vice President | 0.5 | $0 | |
Robin Cruz Mcclearn Secretary/treasurer | 0.5 | $0 | |
Kelly Cruz Mccullers Foundation Manager | 0.5 | $0 | |
Jeffrey Cruz Foundation Manager | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $61 |
| Interest on Savings | $0 |
| Dividends & Interest | $105,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,950 |
| Capital Gain Net Income | $95,117 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $201,987 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,862 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61 |
| Total operating and administrative expenses | $31,718 |
| Contributions, gifts, grants paid | $216,250 |
| Total expenses and disbursements | $247,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,721 |
| 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 | $471,165 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,379,461 |
| 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, Cruz Family Foundation Inc has awarded $216,250 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
122 EAST 66TH FOUNDATION INC PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $500 |
180 TURNING LIVES AROUND PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $25,000 |
BLAIR IN KENYA PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
BOCA GRANDE HEALTH CLINIC FOUND INC PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
BOCA GRANDE HISTORICAL SOCIETY PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $250 |
BOCA GRANDE WOMENS CLUB PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |