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The Bancroft Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311644387 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Bancroft Foundation Inc?

The Bancroft Foundation Inc, located in Baltimore, Maryland, is a nonprofit organization that dedicates its efforts to grant funding for public charitable organizations, primarily focusing on education and environmental improvement. Recognizing the significance of their role in shaping the future, the foundation actively participates, assumes responsibility, and exercises stewardship in advancing these critical sectors at a community, state, regional, national, and global scale. Their mission includes addressing inadequacies within these two primary areas of concentration: education and the environment.

Is The Bancroft Foundation Inc legitimate?

The Bancroft Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bancroft Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Bancroft Foundation Inc?

The Bancroft Foundation Inc's mission is centered around addressing inadequacies in two crucial areas: education and the environment. Recognizing the importance of active participation, responsibility, and stewardship for the future, the foundation aims to alleviate these issues. It achieves this by providing grants to public charitable organizations that contribute positively to these sectors. The foundation's objective is to contribute to the betterment of the community, state, region, nation, and beyond, with a focus on enhancing educational opportunities and environmental conservation.

Who is the CEO of The Bancroft Foundation Inc?

Karen H Kreisberg is the President & Public Director of The Bancroft Foundation Inc.

What is the revenue of The Bancroft Foundation Inc?

The Bancroft Foundation Inc's revenue in 2022 was $423,117.

Who are the executives of The Bancroft Foundation Inc and what are their salaries?

There 8 volunteers at The Bancroft Foundation Inc.


Here are 9 key members and their salaries:


Karen H Kreisberg (President & Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Kahn (Vice President & Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard B Miller (Secretary & Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy L Krieger (Treasurer & Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kandel (Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean K Kahn (Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne L Jacobs (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Schoenemann (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc B Terrill (Public Director)
  • Compensation: $0
  • Related: $841,681
  • Other: $45,897
Where can I find the form 990 for The Bancroft Foundation Inc?

The Bancroft Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Bancroft Foundation Inc

The Bancroft Foundation Inc is committed to addressing inadequacies in two significant areas: education and the environment. Recognizing the importance of active participation, responsibility, and stewardship in shaping the future, the foundation dedicates its efforts to alleviating these challenges. To accomplish this, The Bancroft Foundation Inc provides grants to public charitable organizations that contribute positively to both education and environmental causes. By doing so, the foundation seeks to contribute to the betterment of communities, states, regions, nations, and beyond.

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Impact




October, 2024

The Bancroft Foundation Inc actively addresses shortcomings in education and environmental quality, working to enhance both sectors through targeted support. By providing grants to public charitable organizations, the foundation fosters initiatives that improve educational opportunities and promote environmental stewardship. This commitment not only uplifts local communities in Baltimore but also contributes to broader regional and national efforts, ensuring a sustainable future for generations to come. Through its work, the foundation embodies a proactive approach to community responsibility and engagement, recognizing the interconnectedness of education and environmental sustainability.




This information is meant to be a general summary of The Bancroft Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$423,117 (2022)
Expenses
$771,467 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23,117
  • Gross Receipts: $423,149

Assets and Liabilities:

  • Total Assets: $551,500
  • Total Liabilities: $0
  • Net Assets: $551,500

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Organization Details

Founding Year

1999

Principal Officer

Karen H Kreisberg

Main Address

101 WEST MOUNT ROYAL AVENUE, BALTIMORE, MD, 21201

NTEE Category

Code: T110 - Philanthropy

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