Cruz Morel Foundation Inc

ATLANTA, GA EIN: 88-0692205

Cruz Morel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 2 grants totaling $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17K

+57.9% YoY

Annual Giving

$10K

+13.1% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$5K

-43.5% YoY

Under IRS private-foundation payout rules, Cruz Morel Foundation Inc reported a distributable amount of $250 for 2024 — the minimum it must pay out in qualifying distributions.

About Cruz Morel Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $18K (94%)

Maryland $1K (6%)

States

Maryland New York

Cities

IthacaTowson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$17,480	$11,069	$10,400
Revenue	$10,090	$10,000	$18,902
Expenses	$10,679	$9,403	$8,502
Qualifying Distributions	$9,500	$9,403	$8,502
Net Investment Income	—	—	—
Distributable Amount	$250	$243	$196

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mariposa DR Foundation ($8,400), Players Philanthropy Fund ($1,100).

Recipient	Purpose	Amount
Mariposa DR Foundation Ithaca, NY	Donation to a domestically registered charitable organization engaged in educational programs for disadvantaged girls	$8,400
Players Philanthropy Fund Towson, MD	To support the Perfecto Labs school which provides a tech-focus curriculum to students from an underprivileged community. Players Philanthropy Fund provides a charitable trust through which Perfecto Labs receives tax-deductble donations.	$1,100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Eva Brunilda Cruz	President Treasurer	1	—
Sergio E Cruz Morel	Secretary	1	—
Esfandiar Alaei	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Cruz Morel Foundation Inc?

Cruz Morel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $17K in total assets as of 2024.

How large is Cruz Morel Foundation Inc?

As of 2024, Cruz Morel Foundation Inc holds $17K in total assets with $10K in annual revenue. It awarded 2 grants totaling $10K in 2024.

Where does Cruz Morel Foundation Inc operate?

Cruz Morel Foundation Inc has awarded grants in Maryland, New York.

What size grants does Cruz Morel Foundation Inc award?

In 2024, Cruz Morel Foundation Inc awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Cruz Morel Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cruz Morel Foundation Inc reported a distributable amount of $250 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.