The Fred Craves Family Foundation
- Assets
- $15.5m
- Revenue
- $1.9m
- Investments
- $11.3m
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 12/2018
- Data as of
- 12/2021
- EIN
- 47-5535273
Organization Overview
The Fred Craves Family Foundation is located in San Rafael, CA. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fred Craves Family 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, Fred Craves Family Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $93.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Fred Craves Family Foundation has awarded 30 individual grants totaling $761,500. 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 |
|---|---|---|---|
Frederick B Craves Foundation Mgr. | 1 | $0 | |
Ryan Soulier Craves Foundation Mgr. | 1 | $0 | |
Sara Soulier Craves Foundation Mgr. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $252,030 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,627,408 |
| Capital Gain Net Income | $1,627,408 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,879,465 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,945 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $630 |
| Total operating and administrative expenses | $93,414 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $93,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,553 |
| Savings and temporary cash investments | $1,037,976 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,192,831 |
| Total assets | $15,516,936 |
| 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 | $1,669,450 |
| Total liabilities | $1,669,450 |
Grants Awarded
Over the last fiscal year, The Fred Craves Family Foundation has awarded $378,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: NO SPECIFIC PURPOSE | $100,000 |
MARIN CATHOLIC HIGH SCHOOL PURPOSE: NO SPECIFIC PURPOSE | $75,000 |
LOYOLA MARYMOUNT ONCY BIOETHICS PURPOSE: NO SPECIFIC PURPOSE | $75,000 |
Huntsville, AL PURPOSE: NO SPECIFIC PURPOSE | $25,000 |
Greenbrae, CA PURPOSE: NO SPECIFIC PURPOSE | $25,000 |
YAYASAN BUMI SASMAYA PURPOSE: NO SPECIFIC PURPOSE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yosef Simsoly & Alisa Simsolo Foundation Beverly Hills, CA | $0 | $10,000,000 |
Sonoma Country Day School Santa Rosa, CA | $32,285,253 | $10,759,837 |
Fuse Corps San Francisco, CA | $14,198,081 | $11,746,562 |
Asian And Pacific Islander Wellness Center Inc San Francisco, CA | $9,826,509 | $16,014,921 |
Addictions Recovery Center Inc Medford, OR | $10,377,833 | $11,010,307 |
Peking University Education Foundation Usa San Mateo, CA | $72,899,671 | $11,690,196 |
St Johns Volunteers San Mateo, CA | $10,199,259 | $10,484,623 |
Core Butte Inc Chico, CA | $17,281,706 | $11,922,132 |
National Alliance Of Nonprofits For Insurance Inc Santa Cruz, CA | $32,076,337 | $12,075,164 |
The Arc Fresno Madera Counties Fresno, CA | $16,570,782 | $10,992,536 |
Pacific Autism Center Of Education Santa Clara, CA | $21,935,291 | $13,847,964 |
Mk Level Playing Field Institute Oakland, CA | $5,423,488 | $12,423,085 |