Ted And Rowena Crosbie Foundation
- Assets
- $1.2m
- Revenue
- $296.7k
- Investments
- $1.1m
- Employees
- 0
- Location
- Earlham, IA
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 81-4726692
Organization Overview
Ted And Rowena Crosbie Foundation is located in Earlham, IA. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Ted And Rowena Crosbie 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, Ted And Rowena Crosbie Foundation generated $296.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $101.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ted And Rowena Crosbie Foundation has awarded 42 individual grants totaling $255,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $165,430 |
| Interest on Savings | $7 |
| Dividends & Interest | $28,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,693 |
| Capital Gain Net Income | $102,693 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $296,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $387 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,322 |
| Contributions, gifts, grants paid | $83,000 |
| Total expenses and disbursements | $101,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,257 |
| 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 | $0 |
| Total assets | $1,177,138 |
| 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, Ted And Rowena Crosbie Foundation has awarded $83,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD FOOD PRIZE PURPOSE: EDUCATION | $30,000 |
URBAN DREAMS PURPOSE: SUPPORT | $15,000 |
FOOD BANK OF IOWA PURPOSE: SUPPORT | $10,000 |
Loveland, CO PURPOSE: SUPPORT | $5,000 |
AMERICAN HEART ASSOCIATION PURPOSE: SUPPORT | $5,000 |
CENTRAL IOWA WATER TRAILS PURPOSE: SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert R Mccormick Foundation Chicago, IL | $1,522,880,168 | $43,489,096 |
William And Ruth Scott Family Foundation Inc Omaha, NE | $135,118,169 | $49,281,960 |
Sibley Medical Center Arlington, MN | $31,684,088 | $18,300,359 |
Be The Match Foundation Minneapolis, MN | $21,284,478 | $21,167,274 |
David F And Margaret T Grohne Family Foundation Western Springs, IL | $161,662,019 | $15,904,271 |
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Illinois Assistive Technology Program Springfield, IL | $10,127,419 | $6,900,669 |
Stratis Health Minneapolis, MN | $5,273,023 | $5,800,389 |
Crossroads Fund Chicago, IL | $13,233,891 | $8,800,082 |
Saint Therese St Louis Park, MN | $14,478,951 | $6,726,617 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |