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The Crosland Foundation

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

EIN: 566557259 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Crosland Foundation?

The Crosland Foundation is a private philanthropic organization, renowned for its substantial annual revenue of around $10.1 million. Their primary mission is to establish a lasting charitable legacy by strategically allocating their resources. Although the specific details of their activities are not disclosed in the provided information, it is indicated that they support various charitable causes. The foundation's commitment is to fulfill its functions and carry out its purposes, as outlined in their official documents.

Is The Crosland Foundation legitimate?

The Crosland Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Crosland 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:

Executive Compensation: $6,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Crosland Foundation?

The Crosland Foundation's mission is centered around establishing a lasting charitable legacy. They achieve this by dedicating their assets towards charitable purposes, executing their functions, and carrying out their objectives as outlined in their schedule. The foundation is committed to using its resources for the benefit of various charitable causes, as demonstrated by its annual revenue of $10,131,868. In essence, the Crosland Foundation aims to contribute to the betterment of societal needs through its charitable endeavors.

Who is the CEO of The Crosland Foundation?

Douglas W Ey Jr is the Trustee of The Crosland Foundation.

What is the revenue of The Crosland Foundation?

The Crosland Foundation's revenue in 2022 was $1,964,452.

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


Here are 11 key members and their salaries:


June G Rhyne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Crosland Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James C Burbank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark W Mealy (Trustee)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
William J Sullivan (Trustee)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Dr Hunter Dyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Mclawhorn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas W Ey Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert E Mason Iv (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtauld Young (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Elizabeth Trotman (Trustee)
  • Compensation: $0
  • Related: $133,750
  • Other: $26,906
Where can I find the form 990 for The Crosland Foundation?

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

Mission Statement of The Crosland Foundation

The Crosland Foundation, serving as a private philanthropic organization, is dedicated to establishing an enduring charitable legacy. It accomplishes this by diligently applying its resources exclusively for the advantage of various charitable causes. The mission of The Crosland Foundation is to undertake the functions and carry out the purposes, as outlined in its schedule, for the betterment of the communities it serves. The organization's most recent annual revenue was reported to be $10,131,868, indicating its substantial commitment to supporting various charitable initiatives.

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Impact




October, 2024

The Crosland Foundation has a significant impact by providing financial support to various charitable causes. With an annual revenue of over $10 million, it allocates funds strategically to create a lasting charitable legacy. Based in Charlotte, North Carolina, its mission emphasizes the effective use of its assets to benefit communities and address pressing societal needs. By fostering philanthropy, The Crosland Foundation plays a crucial role in enhancing the well-being of numerous initiatives and organizations. Its commitment to sustained charitable giving ensures that it can support diverse programs and projects, contributing to meaningful change in the areas it serves.




This information is meant to be a general summary of The Crosland 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.

Revenue
$1,964,452 (2022)
Expenses
$1,349,484 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,958
  • Gross Receipts: $2,016,208

Assets and Liabilities:

  • Total Assets: $16,720,151
  • Total Liabilities: $4,171
  • Net Assets: $16,715,980

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Organization Details

Founding Year

2000

Principal Officer

Douglas W Ey Jr

Main Address

220 N TRYON STREET, CHARLOTTE, NC, 28202

NTEE Category

Code: T22 - Philanthropy

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