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Nonprofit · EIN 87-2596988

CRANWELL FOUNDATION

Tax-exempt · BLACKSBURG, VA 24060

Financials

$254K$158K2023$727K$363K2024
Revenue Expenses · by fiscal year end
Financials of CRANWELL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$727,299$362,999$364,300$712,253$0$712,253
December 31, 2023990-PF$254,074$157,737$96,337$96,337$0$96,337
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$797,260
Dividends
$14,284
Interest
$57
Net gain from sales of assets
-$86,929
Other income
$2,627

Expenses

Grants and similar amounts paid
$151,000
Disbursements for charitable purposes
$362,999
Excise tax on investment income
$199

Balance sheet and other

Total assets, start of year
$96,337
Total assets, end of year
$712,253
Total liabilities, end of year
$0
Net assets, end of year
$712,253
Fair market value of assets
$712,253
Qualifying distributions
$362,999
Net investment income
$14,341

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PETER V MARTIN
3131 ELECTRIC ROAD, ROANOKE, VA 24018
SECRETARY/TR5$0
ELLEN N CRANWELL
PO BOX 20369, ROANOKE, VA 24018
PRESIDENT5$0
C RICHARD CRANWELL
111 W VIRGINIA AVENUE, VINTON, VA 24179
VICE PRESIDE5$0
WILLIAM C CRANWELL
PO BOX 20369, ROANOKE, VA 24018
SR VICE PRES5$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WF MASON JR
3131 ELECTRIC ROAD, ROANOKE, VA 24018
VICE PRESIDE5$0
PETER V MARTIN
3131 ELECTRIC ROAD, ROANOKE, VA 24018
SECRETARY/TR5$0
ELLEN N CRANWELL
PO BOX 20369, ROANOKE, VA 24018
PRESIDENT5$0
C RICHARD CRANWELL
111 W VIRGINIA AVENUE, VINTON, VA 24179
VICE PRESIDE5$0
WILLIAM C CRANWELL
PO BOX 20369, ROANOKE, VA 24018
SR VICE PRES5$0

Address and contacts

Address (IRS master file)
907 S MAIN ST, BLACKSBURG, VA 24060-5314
In care of
% LINDA
Signed the 990-PF
PETER V MARTIN, SECRETARY/TREASURER
Phone
(540) 774-4263
Return prepared by
WARREN AND KOSS PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-2596988
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B01)
Assets (IRS master file)
$712,253
Income (IRS master file)
$1,156,861

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$727,299$362,999$712,253XML
990-PFDecember 2023$254,074$157,737$96,337XML
990-PFDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-2596988).

Questions about CRANWELL FOUNDATION

What is the EIN of CRANWELL FOUNDATION?
The employer identification number (EIN) of CRANWELL FOUNDATION is 87-2596988.
Is CRANWELL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CRANWELL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CRANWELL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CRANWELL FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CRANWELL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CRANWELL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does CRANWELL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $727,299, expenses of $362,999 and total assets of $712,253 at year end.

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