Cruz Morel Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2022. The principal officer is % Eva B Cruz. It holds total assets of $17K. Annual income is reported at $10K. The organization provides financial support to other qualifying non-profit organizations. More specifically in 2023 donations supported the programs of the Mariposa DR Foundation operating in the Dominican Republic. Qualifying charitable contributions are used by the recipient to offer STEM-related education to young girls from low income families. According to available records, Cruz Morel Foundation Inc. has made 2 grants totaling $10K, with a median grant of $5K. Annual giving has grown from $2K in 2022 to $8K in 2023. Individual grants have ranged from $2K to $8K, with an average award of $5K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
The organization provides financial support to other qualifying non-profit organizations. More specifically, those organizations operating in the Dominican Republic. Qualifying charitable contributions are used by recipients to offer STEM-related education to young girls from low income families.
Expenses: $2K
The management and administrative costs incurred to operate the foundation, directly support, and are necessary to carry out the charitable programs and activities conducted by the foundation.
Expenses: $7K
The organization provides financial support to other qualifying non-profit organizations. More specifically in 2023 donations supported the programs of the Mariposa DR Foundation operating in the Dominican Republic. Qualifying charitable contributions are used by the recipient to offer STEM-related education to young girls from low income families. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
Cruz Morel Foundation Inc. has distributed a total of $10K across 2 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $8K.
Cruz Morel Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cruz Morel Foundation Inc. is headquartered in ATLANTA, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eva B Cruz | President / Treasurer | $0 | $0 | $0 |
| Sergio E Cruz Morel | Secretary | $0 | $0 | $0 |
| Esfandiar M Alaei | Director | $0 | $0 | $0 |
Total Giving
$9K
Total Assets
$11K
Fair Market Value
$11K
Net Worth
$11K
Grants Paid
$8K
Contributions
$10K
Net Investment Income
$0
Distribution Amount
$243
Total Grants
2
Total Giving
$10K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
1
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mariposa Dr FoundationDonation to a domestically registered charitable organization engaged in educational programs for disadvantaged girls | Ithaca, NY | $8K | 2023 |
HOUSTON, TX
HYDE PARK, MA
WHITE PLAINS, NY
LONG BEACH, CA
CUMMING, GA
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