Mccrane Foundation Inc

PENNINGTON, NJ EIN: 22-3170915

Mccrane Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $189K in total assets. In 2024, it awarded 6 grants totaling $400K. Net investment income was $83K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$189K

-62.9% YoY

Annual Giving

$400K

+166.7% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$67K

+122.2% YoY

About Mccrane Foundation Inc

Based on IRS filings

Mccrane Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $189K in total assets. In 2024, it awarded 6 grants totaling $400K. Net investment income was $83K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Basking RidgeCoral GablesDevonEatontownNeptuneNew BrunswickNewarkPhiladelphiaPhillipsburgRed BankWickatunk

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$126K$251K$377K$503K20202021202220232024
Metric202420232022
Total Assets$188,752$508,135$625,436
Revenue$85,334$40,289$50,397
Expenses$405,384$157,240$190,869
Qualifying Distributions$402,630$153,501$183,046
Net Investment Income$82,931$35,737$45,436
Distributable Amount$16,842$28,338$36,923

Giving Over Time

Total grant dollars and number of grants per year

$0$111K$221K$332K$443K11 grants20208 grants20215 grants20225 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

NEW JERSEY SYMPHONY ORCH…$250KUNIVERSITY OF PENNSYLVANIA$75KCOUNT BASIE THEATRE INC$25KNEW JERSEY PERFORMING AR…$25KMONMOUTH COUNTY SPCA$20KMYLESTONE EQUINE RESCUE$5K

Grant Size Distribution

35 grants across all recorded years

25<$50K6$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARGRIT MCCRANETRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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