Cleo L Craig Foundation
- Assets
- $2.9m
- Revenue
- $169.1k
- Investments
- $2.6m
- Employees
- 0
- Location
- Shawnee, OK
- Founding
- 08/1997
- Data as of
- 12/2021
- 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 12/2021, Cleo L Craig Foundation generated $169.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $222.2k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 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 180 individual grants totaling $1,256,358. 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 |
|---|---|---|---|
Helen Craig Trustee | 25 | $24,000 | |
Cleo L Craig Jr Chairman | 10 | $0 | |
Bryant W Craig Trustee | 0 | $0 | |
April Craig Stobbe Trustee | 0 | $0 | |
John C Stobbe Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62 |
| Dividends & Interest | $101,683 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,374 |
| Capital Gain Net Income | $67,374 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6 |
| Total Revenue | $169,125 |
| 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 | $3,348 |
| Depreciation | $4,609 |
| Occupancy | $2,632 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,201 |
| Total operating and administrative expenses | $44,185 |
| Contributions, gifts, grants paid | $177,990 |
| Total expenses and disbursements | $222,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $249,241 |
| Net Accounts receivable | $3,207 |
| 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 | $420 |
| Net Investments - land, buildings, equipment | $22,163 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,460,253 |
| Net Land, buildings, and equipment | $66,475 |
| Other assets | $0 |
| Total assets | $2,906,482 |
| 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 $177,990 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA STATE UNIVERSITY PURPOSE: CONTRIBUTION | $116,000 |
COMMUNITY FOUNDATION OF OKLAHOMA PURPOSE: CONTRIBUTION | $11,500 |
Colorado Springs, CO PURPOSE: CONTRIBUTION | $10,000 |
SALVATION ARMY OF SHAWNEE PURPOSE: CONTRIBUTION | $8,229 |
OETA PURPOSE: CONTRIBUTION | $5,000 |
SAVING PETS AT RISK SPAR PURPOSE: CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |