Crews Family Foundation
- Assets
- $96.2k
- Revenue
- $10.4k
- Investments
- $93.5k
- Employees
- 0
- Location
- Oak Bluffs, MA
- Founding
- 12/2001
- Data as of
- 05/2023
- EIN
- 88-0497846
Organization Overview
Crews Family Foundation is located in Oak Bluffs, MA. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Crews 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 05/2023, Crews Family Foundation generated $10.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $10.0k during the year ending 05/2023. While expenses have increased by 0.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert B Crews Jr Director | 0.1 | $0 | |
Deborah H Crews Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,236 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,508 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,619 |
| Capital Gain Net Income | $2,619 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,363 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $146 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,398 |
| Contributions, gifts, grants paid | $5,600 |
| Total expenses and disbursements | $9,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,646 |
| Savings and temporary cash investments | $0 |
| 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 | $11,523 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $96,151 |
| 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, Crews Family Foundation has awarded $5,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VINEYARD PRESERVATION TRUST PURPOSE: COMMUNITY SUPPORT | $5,500 |
VGC FOUNDATION PURPOSE: COMMUNITY SUPPORT | $100 |