Croucher Foundation
- Assets
- $269.5m
- Revenue
- $18.1m
- Investments
- $261.9m
- Employees
- 0
- Location
- Founding
- 12/1985
- Data as of
- 09/2021
- EIN
- 98-0066847
Organization Overview
Croucher Foundation is located in null. The organization was established in 1985. 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. Croucher 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 09/2021, Croucher Foundation generated $18.1m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $12.9m during the year ending 09/2021. 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 |
|---|---|---|---|
Mr David Foster Director | 45 | $327,019 | |
Ms Elaine Sit Head, Scholarships & Fellowships | 45 | $164,655 | |
Ms Ying Yiu Ho Head, Finance & Admin | 45 | $86,702 | |
Ms Pui Hung Chu Programme Manager | 45 | $56,926 | |
Prof Timothy M Cox Trustee | 1 | $0 | |
Prof Roland Chin Tai Hang Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Asia Pte Limited | 9/29/21 | $631,907 |
Towers Watson Investment Services Hk Limited | 9/29/21 | $403,714 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $279 |
| Dividends & Interest | $1,143,664 |
| Net Rental Income | $109,170 |
| Net Gain on Sale of Assets | $16,260,225 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $556,398 |
| Total Revenue | $18,069,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $701,179 |
| Other employee salaries and wages | $279,557 |
| Pension plans, employee benefits | $125,868 |
| Interest | $0 |
| Taxes | $33,550 |
| Depreciation | $27,713 |
| Occupancy | $33,761 |
| Travel, conferences, and meetings | $17,322 |
| Printing and publications | $8,061 |
| Other expenses | $385,238 |
| Total operating and administrative expenses | $2,746,277 |
| Contributions, gifts, grants paid | $10,134,454 |
| Total expenses and disbursements | $12,880,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $440,671 |
| Savings and temporary cash investments | $2,315,116 |
| Net Accounts receivable | $863,465 |
| 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 | $1,589,744 |
| Investments—mortgage loans | $0 |
| Investments—other | $238,924,262 |
| Net Land, buildings, and equipment | $2,447,639 |
| Other assets | $0 |
| Total assets | $269,521,861 |
| Accounts payable and accrued expenses | $314,023 |
| Grants payable | $6,799,142 |
| 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 | $7,113,165 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Israel Appeal Of Canada Inc | $41,748,744 | $42,397,130 |
Croucher Foundation | $269,521,861 | $18,069,736 |
Donner Canadian Foundation | $109,552,134 | $11,529,289 |
Jubilo Trust | $16,173,209 | $19,859,267 |
Laidlaw Foundation | $52,854,194 | $8,143,738 |
F K Morrow Foundation | $51,955,966 | $5,559,671 |
Jca Charitable Foundation | $79,533,828 | $205,335 |
Duck Pond Foundation | $247,603,276 | $17,175,939 |
Queens Road Foundation Inc | $14,251,792 | $611,349 |
Elizabeth Greenshields Foundation | $23,402,135 | $4,238,401 |
Yeshe Khorlo Foundation | $9,127,569 | $322,660 |
Eldee Foundation | $12,315,531 | $898,821 |