The Craft Foundation
- Assets
- $4.5m
- Revenue
- $21.2k
- Investments
- $4.4m
- Employees
- 0
- Location
- Glendale, CA
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 46-1575153
Organization Overview
The Craft Foundation is located in Glendale, CA. 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. Craft 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 12/2022, Craft Foundation generated $21.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $402.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Craft Foundation has awarded 109 individual grants totaling $1,916,190. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $116,840 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$95,608 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,232 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,425 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,704 |
| Total operating and administrative expenses | $72,754 |
| Contributions, gifts, grants paid | $330,000 |
| Total expenses and disbursements | $402,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,303 |
| 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 | $4,436,071 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,506,374 |
| 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, The Craft Foundation has awarded $330,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
REASON FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |
ATLAS NETWORK PURPOSE: GENERAL SUPPORT | $25,000 |
INSTITUTE FOR JUSTICE PURPOSE: GENERAL SUPPORT | $25,000 |
FOUNDATION FOR ECONOMIC EDUCATION PURPOSE: GENERAL SUPPORT | $15,000 |
FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION PURPOSE: GENERAL SUPPORT | $25,000 |
STUDENTS FOR LIBERTY PURPOSE: GENERAL SUPPORT | $50,000 |