Overview
What is Crane Family Foundation?
The Crane Family Foundation is a charitable organization based on the values of giving back to the communities where its members reside. Established with a mission to inspire philanthropic passion in future generations, the Foundation focuses on community stewardship by supporting charitable activities, particularly in the areas of arts and humanities and social services. The Crane Family Foundation believes in fulfilling the obligation to contribute to their communities and the world in appreciation of the blessings they have received. By teaching future generations the importance of community engagement, the Foundation aims to make a positive impact on both their local communities and the world.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The Crane Family Foundation has earned a solid Three-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. With an impressive score of 87% in these areas, the foundation demonstrates effective governance practices, including a fully independent board and robust policies for conflict of interest and whistleblower protections.
Strengths of the foundation are highlighted by its high marks in various accountability metrics. It features a fully independent board, with all 10 members meeting independence criteria, and maintains transparency through documented board meeting minutes. Financially, the foundation shows a healthy liabilities-to-assets ratio and allocates a significant 77.88% of its expenses towards program services, which underscores its commitment to effective resource utilization.
While the foundation maintains a strong overall score, it is important for potential donors and stakeholders to consider that the rating is heavily focused on financial accountability. Future assessments could benefit from additional metrics in areas such as impact measurement and community feedback to provide a more comprehensive view of the foundation's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Crane Family Foundation legitimate?
Crane Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crane Family Foundation 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:
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For more financial information, click here
What is the mission statement of Crane Family Foundation?
The Crane Family Foundation is dedicated to giving back to the communities they are a part of, inspired by the belief that those who have much should also contribute significantly. Their mission extends beyond their localities, aiming to make the world a better place as well. They instill a sense of community stewardship and philanthropic passion in future generations of their family, fulfilling their obligation and inspiring them to make a positive impact. The foundation's commitment to making a difference in people's lives is a testament to their belief in the power of giving and inspiring change.
What is the revenue of Crane Family Foundation?
Crane Family Foundation's revenue in 2023 was $66,195.
Who are the executives of Crane Family Foundation and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $574,139
- Other: $105,945
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- Related: $305,028
- Other: $63,469
Where can I find the form 990 for Crane Family Foundation?
Crane Family Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Crane Family Foundation
The Crane Family Foundation is a charitable organization dedicated to making a difference in the communities where its members live. Inspired by a sense of gratitude for all that they have received, the foundation's mission is to give back and inspire future generations to become good community stewards. Crane Family Foundation members believe that those who have been blessed with much have an obligation to give back and make their community and the world a better place.
In pursuit of this mission, the Crane Family Foundation supports various charitable initiatives. Its members take pride in teaching the values of community stewardship to the next generation, instilling in them a passion for philanthropy. By living out these values and leading by example, the foundation aims to inspire future generations to continue the legacy of giving and making a positive impact on their communities.
The Crane Family Foundation's commitment to community stewardship is driven by a deep sense of appreciation for all that they have been given. The organization's mission is a testament to the belief that those who have been blessed with much have a responsibility to give back and make a difference. Through their charitable activities, the foundation is able to make a meaningful impact on the lives of individuals and communities, demonstrating the power of giving and inspiring a new generation of philanthropists.
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Impact
October, 2024
Crane Family Foundation significantly impacts its communities by actively supporting various charitable activities that enhance quality of life and foster stewardship. Operating primarily in Columbus, Ohio, it focuses on giving back to the community in gratitude for the opportunities afforded to the Crane family. The foundation emphasizes the importance of community engagement and philanthropy, aiming to inspire future generations within the Crane family to embrace these values.
By funding arts and humanities programs, as well as social services, the foundation nurtures cultural enrichment and provides essential support to individuals and families in need. It works to instill a sense of responsibility and passion for philanthropy among younger family members, ensuring that the legacy of community service continues. This approach not only enriches the local community but also reinforces the belief that those who are fortunate have an obligation to contribute positively to society.
Crane Family Foundation's mission embodies a sincere commitment to making both the community and the world a better place, demonstrating that gratitude can be transformed into meaningful action.
This information is meant to be a general summary of Crane Family Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $439,397
- Gross Receipts: $2,926,252
Assets and Liabilities:
- Total Assets: $18,531,410
- Total Liabilities: $100,000
- Net Assets: $18,431,410
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Organization Details
Founding Year
2004
Principal Officer
Scott Heitkamp
NTEE Category
Code: X12 - Religion related
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