Crofton Cares Inc

Foundation · Grantmaker MAYFIELD HTS, OH EIN: 81-4380443

Crofton Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD HTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 15 grants totaling $840K. Net investment income was $421K.

Key facts about Crofton Cares Inc

EIN
81-4380443
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$839,516
Grants made (2024)
15
Average grant
$55,968
Median grant
$21,444
Total assets
$7,615,271
Primary geography
Florida (83% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Crofton Cares Inc funds

By grant dollars, the top recipient states for Crofton Cares Inc's 15 itemized 2024 grants were Florida (83%) and Ohio (12%). The most frequent recipient cities were Cleveland, OH (6 grants) and Tampa, FL (4 grants). 60% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.6M

-1.2% YoY

Annual Giving

$840K

+28.8% YoY

Grant Count

15

-11.8% YoY

Avg Grant Size

$56K

+46.0% YoY

Under IRS private-foundation payout rules, Crofton Cares Inc reported a distributable amount of $484K for 2024 — the minimum it must pay out in qualifying distributions.

About Crofton Cares Inc

Based on IRS filings

Crofton Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD HTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 15 grants totaling $840K. Net investment income was $421K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 15 itemized 2024 grant dollars.

Cities

TampaClevelandSaint PetersburgAkronBeachwoodNoveltyWashingtonColorado SpringsNew YorkCleveland HeightsOwassoOxfordPeninsulaPhiladelphiaSchaumburgSimi Valley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$481K$962K$1M$2M20202021202220232024
Metric202420232022
Total Assets$7,615,271$7,705,866$7,157,841
Revenue$787,859$1,216,118$164,338
Expenses$886,205$686,150$403,982
Qualifying Distributions$839,516$651,895$335,482
Net Investment Income$420,765$159,833$129,416
Distributable Amount$483,703$390,520$394,756

Giving Over Time

Total grant dollars and number of grants per year

$0$210K$420K$630K$840K11 grants202012 grants202112 grants202217 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The University of Tampa$511KThe Florida Holocaust Mu…$100KNew York University$39KHillels of the Florida S…$35KStarting Right Now$30KJewish Federation of Cle…$30KCase Western Reserve Uni…$25KFeeding America Tampa Bay$21KUniversity of Akron$18KCongregation of Mishkan or$10K

Grant Size Distribution

67 grants across all recorded years

57<$50K3$50–100K5$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The University of Tampa ($511,363), The Florida Holocaust Museum ($100,000), New York University ($39,062).

RecipientPurposeAmount
THE UNIVERSITY OF TAMPA TAMPA, FLSOUTHARD FAMILY ANNUAL SCHOLARSHIP AND GENERAL$511,363
THE FLORIDA HOLOCAUST MUSEUM ST PETERSBURG, FLIGNITE THE FUTURE: TEACHING TRUNKS OF HOPE PROJECT$100,000
NEW YORK UNIVERSITY NEW YORK, NYSCHOLARSHIP$39,062
HILLELS OF THE FLORIDA SUNCOAST TAMPA, FLGENERAL$35,000
STARTING RIGHT NOW TAMPA, FLGENERAL$30,000
JEWISH FEDERATION OF CLEVELAND CLEVELAND, OHCAMPAIGN FOR JEWISH NEEDS$30,000
CASE WESTERN RESERVE UNIVERSITY CLEVELAND, OHGENERAL$25,000
FEEDING AMERICA TAMPA BAY TAMPA, FLGENERAL$21,444
UNIVERSITY OF AKRON AKRON, OHSCHOLARSHIP$18,247
CONGREGATION OF MISHKAN OR BEACHWOOD, OHSTRONGER TOGETHER ANNUAL APPEAL$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL SOUTHARDPRES, SEC, TREAS, DIR2—
AMY SOUTHARDDIRECTOR——
ASHLEY SOUTHARD LONDONDIRECTOR——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Crofton Cares Inc?

Crofton Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD HTS, OH. It holds $7.6M in total assets as of 2024.

How large is Crofton Cares Inc?

As of 2024, Crofton Cares Inc holds $7.6M in total assets with $788K in annual revenue. It awarded 15 grants totaling $840K in 2024.

Where does Crofton Cares Inc operate?

Crofton Cares Inc has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, New York, Ohio, Oklahoma, Pennsylvania.

What size grants does Crofton Cares Inc award?

In 2024, Crofton Cares Inc awarded 15 grants totaling $840K — an average of about $56K per grant, based on its IRS Form 990 filings.

How much is Crofton Cares Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Crofton Cares Inc reported a distributable amount of $484K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Crofton Cares Inc's EIN?

Crofton Cares Inc's EIN (Employer Identification Number) is 81-4380443. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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