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Also known as: MEMORIAL FOUNDATION INC
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The Michele Rae Crane Memorial Foundation Inc. is a private corporation based in FOUNTAIN VLY, CA. The foundation received its IRS ruling in 1991. The principal officer is Robert W Crane. It holds total assets of $317K. Annual income is reported at $54K. Total assets have grown from $194K in 2011 to $302K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, The Michele Rae Crane Memorial Foundation Inc. has made 6 grants totaling $114K, with a median grant of $21K. Annual giving has grown from $17K in 2020 to $24K in 2023. Grantmaking activity was highest in 2022 with $54K distributed across 2 grants. Individual grants have ranged from $3K to $27K, with an average award of $19K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Michele Rae Crane Memorial Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA.
The Michele Rae Crane Memorial Foundation Inc. has distributed a total of $114K across 6 grants. The median grant size is $21K, with an average of $19K. Individual grants have ranged from $3K to $27K.
The Michele Rae Crane Memorial Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Michele Rae Crane Memorial Foundation Inc. is headquartered in FOUNTAIN VLY, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert W Crane | VICE PRESIDENT | $0 | $0 | N/A |
| Dorothy Crane | PRESIDENT | $0 | $0 | N/A |
Total Giving
$24K
Total Assets
$302K
Fair Market Value
$443K
Net Worth
$302K
Grants Paid
$24K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$20K
Total: N/A
Total Grants
6
Total Giving
$114K
Average Grant
$19K
Median Grant
$21K
Unique Recipients
2
Most Common Grant
$27K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mariners ChurchGENERAL SUPPORT OF OPERATIONS | Newport Beach, CA | $21K | 2023 |
| Millers Children Beach PartlyHELP HANDICAPPED CHILDREN | Newport Beach, CA | $3K | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA