Cleo L Craig Foundation
- Assets
- $4.3m
- Revenue
- $323.8k
- Investments
- $1.7m
- Employees
- 0
- Location
- Shawnee, OK
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 73-1519557
Organization Overview
Cleo L Craig Foundation is located in Shawnee, OK. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Cleo L Craig 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 12/2023, Cleo L Craig Foundation generated $323.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $262.4k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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 2014, Cleo L Craig Foundation has awarded 229 individual grants totaling $1,605,469. 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 |
|---|---|---|---|
Cleo L Craig Jr Chairman | 10 | $0 | |
Helen Craig Trustee | 25 | $24,000 | |
April Craig Stobbe Trustee | 0 | $0 | |
Bryant W Craig Trustee | 0 | $0 | |
John C Stobbe Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $114,975 |
| Dividends & Interest | $82,570 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,106 |
| Capital Gain Net Income | $123,106 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,138 |
| Total Revenue | $323,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,483 |
| Depreciation | $4,541 |
| Occupancy | $2,570 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,889 |
| Total operating and administrative expenses | $62,158 |
| Contributions, gifts, grants paid | $200,285 |
| Total expenses and disbursements | $262,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,490,507 |
| Net Accounts receivable | $1,258 |
| 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 | $19,893 |
| Investments—mortgage loans | $0 |
| Investments—other | $863,538 |
| Net Land, buildings, and equipment | $59,663 |
| Other assets | $0 |
| Total assets | $4,292,057 |
| 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, Cleo L Craig Foundation has awarded $200,285 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
SALVATION ARMY OF SHAWNEE PURPOSE: CONTRIBUTION | $6,000 |
SHAWNEE COMMUNITY FOUNDATION PURPOSE: CONTRIBUTION | $3,000 |
OKLA STATE UNIV FOUNDATION PURPOSE: CONTRIBUTION / SCHOLARSHIPS | $3,000 |
SHAWNEE YMCA PURPOSE: CONTRIBUTION | $1,000 |
SHAWNEE PUBLIC SCHOOLS PURPOSE: CONTRIBUTION | $14,435 |
POTTAWATOMIE COUNTY HISTORICAL SOCE PURPOSE: CONTRIBUTION | $10,000 |