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Cronstedt Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is % Foundation Source. It holds total assets of $9.5M. Annual income is reported at $3.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cronstedt Family Foundation has made 15 grants totaling $597K, with a median grant of $25K. Annual giving has grown from $182K in 2022 to $415K in 2023. Individual grants have ranged from $5K to $102K, with an average award of $40K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Pennsylvania, which account for 67% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Cronstedt Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CA, MA, PA.
Cronstedt Family Foundation has distributed a total of $597K across 15 grants. The median grant size is $25K, with an average of $40K. Individual grants have ranged from $5K to $102K.
Cronstedt Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cronstedt Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicole Cronstedt | Dir | $0 | $0 | $0 |
| Jonathan Cronstedt | Dir, Pres, Sec, Treas | $0 | $0 | $0 |
Total Giving
$510K
Total Assets
$9.4M
Fair Market Value
$10.5M
Net Worth
$9.4M
Grants Paid
$415K
Contributions
$0
Net Investment Income
$163K
Distribution Amount
$555K
Total: $8M
Total Grants
15
Total Giving
$597K
Average Grant
$40K
Median Grant
$25K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Milele InternationalGeneral & Unrestricted | Dana Point, CA | $102K | 2023 |
| Watts 2 Boston FoundationGeneral & Unrestricted | Westwood, MA | $100K | 2023 |
| Marine Toys For Tots FoundationGeneral & Unrestricted | Triangle, VA | $50K | 2023 |
| Pledgeling FoundationGeneral & Unrestricted | San Francisco, CA | $43K | 2023 |
| Riverview Evangelical Free ChurchGeneral & Unrestricted | Bonsall, CA | $30K | 2023 |
| Christian Church Door Of Heaven - Puerta De Cielothe Church remodel fund and holiday gift drive fund | Wilmington, CA | $25K | 2023 |
| Alpha UsaGeneral & Unrestricted | Carol Stream, IL | $20K | 2023 |
| Transitional Services For New York IncGeneral & Unrestricted | Whitestone, NY | $20K | 2023 |
| Harbor Point ChurchGeneral & Unrestricted | San Juan Capo, CA | $10K | 2023 |
| Charities Aid Foundation AmericaGeneral & Unrestricted | Alexandria, VA | $10K | 2023 |
| El Buen PastorGeneral & Unrestricted | San Francisco, CA | $5K | 2023 |
| Help Hope Live IncSouthwest Catastrophic Illness Regional Restricted fund | Radnor, PA | $63K | 2022 |
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