McCrane Foundation Inc
Preselected recipients only
McCrane Foundation Inc is a private foundation in Pennington, New Jersey. In tax year 2024 it gave $400,000 in 6 grants; the typical grant was $25,000 and the largest $250,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$400,000
- Number of grants6
- Typical grant$25,000
- Largest grant$250,000
- Assets$213,213
- New grantees17%
Giving in 2024 was up from $150,000 the year before.
17% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $150,000 | 5 | $560,811 |
| 2024 | $400,000 | 6 | $213,213 |
How to apply
McCrane Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What McCrane Foundation Inc funds
Where it gives
Its grants went to recipients in 2 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 5 | $325,000 |
| Pennsylvania | 1 | $75,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| New Jersey Symphony Orchestra | Unrestricted general | $250,000 |
| University of Pennsylvania | Unrestricted general | $75,000 |
| Count Basie Theatre Inc | Unrestricted general | $25,000 |
| New Jersey Performing Arts Center | Unrestricted general | $25,000 |
| Monmouth County SPCA | Unrestricted general | $20,000 |
| Mylestone Equine Rescue | Unrestricted general | $5,000 |
Officers and trustees
- Margrit McCrane
Questions people ask
Does McCrane Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does McCrane Foundation Inc give?
$400,000 in tax year 2024, across 6 grants, with a typical grant of $25,000.
Who runs McCrane Foundation Inc?
Its 2024 filing lists Margrit McCrane (Trustee).
What does McCrane Foundation Inc fund?
Based on its grants, mainly arts and culture and animals.