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Nonprofiteer
← CREWE ENDOWMENT FOUNDATION

Form 990 for tax year 2024

Filed by CREWE ENDOWMENT FOUNDATION.

Totals

Total revenue
$55,509,895
Total expenses
$16,281,946
Contributions and grants received
$51,760,531
Grants paid
$16,029,873
Program service revenue
$0
Investment income
$3,695,089
Other revenue
$54,275
Total assets, end of year
$50,186,188
Total liabilities, end of year
$85,000
Net assets or fund balances, end of year
$50,101,188
Program services expenses (Part IX)
$16,281,946
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$16,281,946

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $51,760,531

  • 3 · Investment income

    total $2,299,956 · related or exempt $2,299,956

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $27,260,668

  • 7b · Less cost or other basis and sales expenses

    securities $25,865,535

  • 7c · Gain or loss

    securities $1,395,133

  • 7d · Net gain or loss

    total $1,395,133 · related or exempt $1,395,133

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: ADMIN FEES RECEIVED

    total $54,275 · related or exempt $54,275

  • 11e · Other revenue, total

    $54,275

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $16,029,873 · program services $16,029,873

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $175,311 · program services $175,311

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: ADMIN FEES

    total $49,148 · program services $49,148

  • 24b · Other expenses: CHARITABLE PROGRAM FEES

    total $27,500 · program services $27,500

  • 24c · Other expenses: BANK & MERCHANT FEES

    total $114 · program services $114

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,519 · end of year $3,854

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $8,080,047 · end of year $41,967,473

  • 12 · Investments: other securities

    beginning of year $2,791,673 · end of year $8,214,861

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    end of year $85,000

  • 28 · Net assets with donor restrictions

    beginning of year $10,873,239 · end of year $50,101,188

Mission and programs · 2024

Mission

OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND/OR CARRY OUT THE PURPOSES OF CREWE FOUNDATION, A UTAH NONPROFIT ORGANIZATION, WHICH IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

  • EMPOWERS CHARITABLE ORGANIZATIONS AND CHARITABLE EFFORTS BY ENABLING DONORS TO BECOME MORE EFFICIENT AND IMPACTFUL IN THEIR PHILANTHROPIC GIVING.

    Expenses $16,281,946

As filed on the 2024 return.

Listed in Part VII

  • K Donald Evans

    President

    Total calculated
    $0
    Hours/week
    5
  • M Brett Gibbons

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Simon H Cross

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202543189349314374

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.