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.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
67 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The University of Tampa ($511,363), The Florida Holocaust Museum ($100,000), New York University ($39,062).
| Recipient | Purpose | Amount |
|---|---|---|
| CASE WESTERN RESERVE UNIVERSITY CLEVELAND, OH | GENERAL | $25,000 |
| FRIENDS OF BREAKTHROUGH PUBLIC SCHOOLS CLEVELAND, OH | GENERAL | $1,000 |
| HILLELS OF THE FLORIDA SUNCOAST TAMPA, FL | GENERAL | $35,000 |
| NEW YORK UNIVERSITY NEW YORK, NY | SCHOLARSHIP | $39,062 |
| STARTING RIGHT NOW TAMPA, FL | GENERAL | $30,000 |
| THE UNIVERSITY OF TAMPA TAMPA, FL | SOUTHARD FAMILY ANNUAL SCHOLARSHIP AND GENERAL | $511,363 |
| UNITED CEREBRAL PALSY OF GREATER CLEVELAND CLEVELAND, OH | GENERAL | $5,000 |
| COLLEGE NOW GREATER CLEVELAND CLEVELAND, OH | SCHOLARSHIP FUND | $6,750 |
| CONGREGATION OF MISHKAN OR BEACHWOOD, OH | STRONGER TOGETHER ANNUAL APPEAL | $10,000 |
| FEEDING AMERICA TAMPA BAY TAMPA, FL | GENERAL | $21,444 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL SOUTHARD | PRES, SEC, TREAS, DIR | 2 | — |
| AMY SOUTHARD | DIRECTOR | — | — |
| ASHLEY SOUTHARD LONDON | DIRECTOR | — | — |
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.
Explore Open Grants
Browse active grant opportunities in Crofton Cares Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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