Charles Elizabeth Higbee Crut

PENNINGTON, NJ EIN: 22-6625238

Charles Elizabeth Higbee Crut is a private foundation focused on Religion Related, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $782K in total assets. In 2024, it awarded 1 grants totaling $39K. Net investment income was $48K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$782K

+0.4% YoY

Annual Giving

$39K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$39K

+0.0% YoY

Under IRS private-foundation payout rules, Charles Elizabeth Higbee Crut reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles Elizabeth Higbee Crut

Based on IRS filings

Focus Areas

Religion Related

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $195K (100%)

States

Pennsylvania

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$782,010	$778,611	$787,998
Revenue	$50,883	$38,214	$44,035
Expenses	$46,791	$46,344	$48,663
Qualifying Distributions	$43,224	$42,737	$42,942
Net Investment Income	$47,788	$33,952	$40,918
Distributable Amount	$40,892	$36,764	$37,956

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include All Saints Episcopal Church ($39,056).

Recipient	Purpose	Amount
ALL SAINTS EPISCOPAL CHURCH PHILADELPHIA, PA	GENERAL OPERATING	$39,056

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$6,947

Subject Areas

Focus areas based on grantmaking activity

Religion Related

Frequently Asked Questions

What is Charles Elizabeth Higbee Crut?

Charles Elizabeth Higbee Crut is a private foundation focused on Religion Related, based in PENNINGTON, NJ. It holds $782K in total assets as of 2024.

How large is Charles Elizabeth Higbee Crut?

As of 2024, Charles Elizabeth Higbee Crut holds $782K in total assets with $51K in annual revenue. It awarded 1 grants totaling $39K in 2024.

Where does Charles Elizabeth Higbee Crut operate?

Charles Elizabeth Higbee Crut has awarded grants in Pennsylvania.

What size grants does Charles Elizabeth Higbee Crut award?

In 2024, Charles Elizabeth Higbee Crut awarded 1 grants totaling $39K — an average of about $39K per grant, based on its IRS Form 990 filings.

How much is Charles Elizabeth Higbee Crut required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Elizabeth Higbee Crut reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.