Conru Foundation
- Assets
- $31.0m
- Revenue
- $2.9m
- Investments
- $27.9m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-1387085
Organization Overview
Conru Foundation is located in Seattle, WA. The organization was established in 2017. 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. Conru 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, Conru Foundation generated $2.9m 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 (17.4%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Conru Foundation has awarded 99 individual grants totaling $3,647,376. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF FREEDOM OF SPEECH AND RELIGION THROUGH AN ONLINE COMMUNITY FACILITATING OPEN DISCUSSIONS ON DIVERSE PHILOSOPHICAL TOPICS WITH GOAL OF FOSTERING ENLIGHTENMENT VALUES OF TRUTH, EVIDENCE, AND FREE INQUIRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Conru Chairman, Pres., V.p., Tre | 20 | $0 | |
Jonathan Buckheit Secretary | 0.05 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wells Fargo | 12/30/20 | $101,551 |
Innerbird Inc | 12/30/20 | $63,447 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $960,000 |
| Interest on Savings | $197 |
| Dividends & Interest | $603,849 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,303,055 |
| Capital Gain Net Income | $1,303,055 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,425 |
| Total Revenue | $2,869,526 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $81,372 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $130,013 |
| Total operating and administrative expenses | $290,811 |
| Contributions, gifts, grants paid | $1,782,875 |
| Total expenses and disbursements | $2,073,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,975,239 |
| 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 | $26,527,792 |
| Net Land, buildings, and equipment | $99,382 |
| Other assets | $22,544 |
| Total assets | $31,005,025 |
| 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 | $32,886 |
| Total liabilities | $32,886 |
Grants Awarded
Over the last fiscal year, Conru Foundation has awarded $1,782,875 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Appleton, WI PURPOSE: GENERAL SUPPORT | $250,000 |
Sierra Madre, CA PURPOSE: GENERAL SUPPORT | $200,000 |
Philadelphia, PA PURPOSE: GENERAL SUPPORT | $200,000 |
Golden, TX PURPOSE: GENERAL SUPPORT | $150,000 |
THE CLAREMONT INSTITUTE PURPOSE: GENERAL SUPPORT | $110,000 |
Seattle, WA PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |