Red Crane Foundation

NEW YORK, NY EIN: 13-3632753

Red Crane Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65.7M in total assets. In 2024, it awarded 7 grants totaling $4.5M. Net investment income was $9.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$65.7M

+8.8% YoY

Annual Giving

$4.5M

+30.0% YoY

Grant Count

7

+250.0% YoY

Avg Grant Size

$650K

-62.9% YoY

Under IRS private-foundation payout rules, Red Crane Foundation reported a distributable amount of $3.9M for 2024 — the minimum it must pay out in qualifying distributions.

About Red Crane Foundation

Based on IRS filings

Red Crane Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65.7M in total assets. In 2024, it awarded 7 grants totaling $4.5M. Net investment income was $9.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

ArlingtonBostonCohoesDetroitHillsboroughNew YorkSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$19M$28M$38M20202021202220232024
Metric202420232022
Total Assets$65,725,581$60,406,497$59,385,587
Revenue$12,120,476$5,853,669$4,981,174
Expenses$4,861,546$3,703,241$2,176,084
Qualifying Distributions$4,581,267$3,520,718$1,627,167
Net Investment Income$9,164,511$3,959,578$4,822,996
Distributable Amount$3,934,192$3,623,578$3,508,704

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$8M$12M$16M1 grants20201 grants20213 grants20222 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Charles Schwab Charitabl…$2.0MNature Conservancy$1.3MUpstream USA Inc$1.0MLuminary Impact Fund$125KLinden Trust for Conserv…$100KHark-ALS$50KSeaChange Capital Partne…$25K

Grant Size Distribution

14 grants across all recorded years

2<$50K1$50–100K2$100–250K1$250–500K1$500K–1M6$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Charles Schwab Charitable Fund (DAF) ($2,000,000), Nature Conservancy ($1,250,000), Upstream USA Inc ($1,000,000).

RecipientPurposeAmount
Charles Schwab Charitable Fund (DAF) San Francisco, CAGeneral Purpose$2,000,000
Linden Trust for Conservation New York, NYGeneral Purpose$100,000
SeaChange Capital Partners Inc New York, NYGeneral Purpose$25,000
Luminary Impact Fund San Francisco, CAGeneral Purpose$125,000
Upstream USA Inc Boston, MAGeneral Purpose$1,000,000
Nature Conservancy Arlington, VAGeneral Purposae$1,250,000
Hark-ALS HILLSBOROUGH, NJGeneral Purpose$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH H GLEBERMANTRUSTEE1
CARSON GLEBERMANTRUSTEE1

Frequently Asked Questions

How large is Red Crane Foundation?

As of 2024, Red Crane Foundation holds $65.7M in total assets with $12.1M in annual revenue. It awarded 7 grants totaling $4.5M in 2024.

Where does Red Crane Foundation operate?

Red Crane Foundation has awarded grants in California, Massachusetts, Michigan, New Jersey, New York, Virginia.

What size grants does Red Crane Foundation award?

In 2024, Red Crane Foundation awarded 7 grants totaling $4.5M — an average of about $650K per grant, based on its IRS Form 990 filings.

How much is Red Crane Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Red Crane Foundation reported a distributable amount of $3.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Red Crane Foundation's EIN?

Red Crane Foundation's EIN (Employer Identification Number) is 13-3632753. 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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