The Jonathan and Nicole Cronstedt Foundation

WILMINGTON, DE EIN: 87-0885857

The Jonathan and Nicole Cronstedt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.5M in total assets. In 2024, it awarded 10 grants totaling $515K. Net investment income was $575K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.5M

+0.4% YoY

Annual Giving

$515K

+24.3% YoY

Grant Count

10

-9.1% YoY

Avg Grant Size

$52K

+36.7% YoY

Under IRS private-foundation payout rules, The Jonathan and Nicole Cronstedt Foundation reported a distributable amount of $539K for 2024 — the minimum it must pay out in qualifying distributions.

About The Jonathan and Nicole Cronstedt Foundation

Based on IRS filings

The Jonathan and Nicole Cronstedt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.5M in total assets. In 2024, it awarded 10 grants totaling $515K. Net investment income was $575K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlexandriaBonsallCardiff By The SeaCarol StreamCoronaCosta MesaDana PointParadise ValleyRadnorRcho Sta MargSan FranciscoSan Juan CapoTriangleWestwoodWhitestoneWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$11M2021202220232024
Metric202420232022
Total Assets$9,475,859$9,440,550$9,790,384
Revenue$667,494$110,563$87,105
Expenses$632,185$510,397$249,887
Qualifying Distributions$550,335$447,916$218,287
Net Investment Income$575,460$163,438$128,004
Distributable Amount$539,127$555,376$489,030

Giving Over Time

Total grant dollars and number of grants per year

$0$129K$258K$386K$515K0 grants20214 grants202211 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHRISTIAN CHURCH DOOR OF…$216KCOMMUNITY CHRISTIAN SCHO…$106KMILELE INTERNATIONAL$90KSEGERSTROM CENTER FOR TH…$48KCOMMUNITY CHRISTIAN SCHO…$25KT Allen$8KJ Aldea$7KN Tricarico$7KP Aldea$7KEL BUEN PASTOR$3K

Grant Size Distribution

25 grants across all recorded years

17<$50K3$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Christian Church Door of Heaven - Puerta De Cielo ($216,000), Community Christian Schools ($106,000), Milele International ($90,000).

RecipientPurposeAmount
CHRISTIAN CHURCH DOOR OF HEAVEN - PUERTA DE CIELO WILMINGTON, CAGeneral & Unrestricted$216,000
COMMUNITY CHRISTIAN SCHOOLS RCHO STA MARG, CAGeneral & Unrestricted$106,000
COMMUNITY CHRISTIAN SCHOOLS RCHO STA MARG, CAGiving on the Green fund$25,000
EL BUEN PASTOR SAN FRANCISCO, CAGeneral & Unrestricted$3,110
J Aldea Corona, CAHardship Assistance Grant$6,500
MILELE INTERNATIONAL DANA POINT, CAGeneral & Unrestricted$90,000
N Tricarico Cardiff by the Sea, CAHardship Assistance Grant$6,500
P Aldea Corona, CAHardship Assistance Grant$6,500
SEGERSTROM CENTER FOR THE ARTS COSTA MESA, CAGeneral & Unrestricted$48,200
T Allen Paradise Valley, AZHardship Assistance Grant$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Jonathan CronstedtDir, Pres, Sec, Treas1
Nicole CronstedtDir1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Jonathan and Nicole Cronstedt Foundation?

The Jonathan and Nicole Cronstedt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $9.5M in total assets as of 2024.

How large is The Jonathan and Nicole Cronstedt Foundation?

As of 2024, The Jonathan and Nicole Cronstedt Foundation holds $9.5M in total assets with $667K in annual revenue. It awarded 10 grants totaling $515K in 2024.

Where does The Jonathan and Nicole Cronstedt Foundation operate?

The Jonathan and Nicole Cronstedt Foundation has awarded grants in Arizona, California, Illinois, Massachusetts, New York, Pennsylvania, Virginia.

What size grants does The Jonathan and Nicole Cronstedt Foundation award?

In 2024, The Jonathan and Nicole Cronstedt Foundation awarded 10 grants totaling $515K — an average of about $52K per grant, based on its IRS Form 990 filings.

How much is The Jonathan and Nicole Cronstedt Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jonathan and Nicole Cronstedt Foundation reported a distributable amount of $539K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Jonathan and Nicole Cronstedt Foundation's EIN?

The Jonathan and Nicole Cronstedt Foundation's EIN (Employer Identification Number) is 87-0885857. IRS Form 990 filing data is available on this page for 2021–2024.

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

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