Five Crowns Foundation
EIN 263266989About
FIVE CROWNS INVESTMENTS LIQUIDATED ITS ASSETS DURING 2021 AND DISTRIBUTED ALL OF THE CASH PROCEEDS, TOTALING $65,449 TO FAIRFIELD COUNTY'S COMMUNITY FOUNDATION, INC., A 501(C)(3) PUBLIC CHARITY. THE LIQUIDATION WAS MADE IN ACCORDANCE WITH THE TERMS OF ARTICLE B-11 SECTION B2.01(P)OF THE FIVE CROWNS FOUNDATION TRUST AGREEMENT DATED JULY 1, 2008 DUE TO THE DETERMINATION OF THE TRUSTEES THAT THE TRUST IS TOO SMALL TO RENDER IT PRACTIABLE TO ADMINISTER THE TRUST AND IT IS TOO EXPENSIVE TO CONTINUE ADMINISTRATION OF THE TRUST.SEE ATTACHED CERTIFIED COPY OF THE PLAN OF LIQUIDATION.THE ONLY ASSETS OF THE FOUNDATION DURING 2021 WERE A BROKERAGE ACCOUNT AND A CHECKING ACCOUNT. THE SECURITIES IN THE BROKERAGE ACCOUNT WERE SOLD AND THE CASH IN THE BROKERAGE ACCOUNT AND CHECKING ACCOUNT WERE DISTRIBUTED BY WIRE TRANSFERS OF CASH TOTALING $66,546 TO FAIRFIELD COUNTY'S COMMUNITY FOUNDATION, INC., A 501(C)(3) PUBLIC CHARITY. 40 Richards AvenueNorwalk, CT 06854SEE ATTACHED SCHEDULE OF DISTRIBUTIONS PURSUANT TO PLAN OF DISTRIBUTIONTHE FOUNDATION WAS NOT TERMINATED UNTIL THE END OF 2021 DUE REMAINING RECONCILIATION OF THE LIQUIDATION OF SECURITIES IN THE FOUNDATIONS BROKERAGE ACCOUNT. THE RECONCILIATION DID NOT RESULT IN THE RECEIPT OF ADDITIONAL CASH AND THE FOUNDATION WAS TERMINATED ON DECEMBER 31, 2021.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | N/A | $156K | $150K | N/A |
| 2017 | N/A | $6K | $2K | N/A |
| 2018 | $20K | $131K | $3K | 6 |
| 2019 | $11K | $121K | $3K | 7 |
| 2020 | $57K | $65K | $2K | 13 |
| 2021 | $65K | $0 | $2K | 1 |
Grant Size Distribution
Based on 27 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (27 total)
| Purpose | ||||
|---|---|---|---|---|
| Fairfield County'S Community Founda | Norwalk, CT | $65,449 | EDUCATION, YOUTH DEVELOPMENT, ECONOMIC DEVELOPMENT | 2021 |
| Journey Care Foundation | Glenview, IL | $25,000 | SUPPORT OF HOSPICE CARE | 2020 |
| Rockefeller Philanthropy Advisors I | Chicago, IL | $6,475 | EDUCATION | 2018 |
| Thomas Jefferson Foundation Inc | Charlottesville, VA | $5,000 | EDUCATION | 2018 |
| Rush University Medical | Chicago, IL | $5,000 | EDUCATION AND RESEARCH | 2020 |
| Chicago Jesuit Academy | Chicago, IL | $5,000 | EDUCATION | 2020 |
| Saints Faith Hope and Charity | Winnetka, IL | $5,000 | EDUCATION | 2020 |
| Greater Chicago Food Depository | Chicago, IL | $5,000 | SUPPORT OF FOOD BANK | 2020 |
| Saints Faith Hope and Charity | Winnetka, IL | $5,000 | EDUCATION | 2019 |
| Cystinosis Research Foundation | Irvine, CA | $3,000 | MEDICAL RESEARCH | 2018 |
| Link Unlimited Scholars | Chicago, IL | $2,500 | EDUCATION | 2018 |
| University of Southern California | Los Angeles, CA | $2,500 | EDUCATION | 2018 |
| Saints Faith Hope and Charity Schoo | Winnetka, IL | $2,500 | EDUCATION | 2020 |
| Saints Faith Hope and Charity | Winnetka, IL | $2,500 | EDUCATION | 2020 |
| Marine Corps Scholarship Foundation | Alexandria, VA | $2,500 | EDUCATION | 2019 |
| Saints Faith Hope and Charity | Winnetka, IL | $2,000 | RELIGOUS | 2020 |
| Woman'S Board of Rush University Me | Chicago, IL | $1,000 | EDUCATION AND RESEARCH | 2018 |
| Loyola Academy | Wilmette, IL | $1,000 | EDUCATION | 2020 |
| Domus Kids | Stamford, CT | $1,000 | EDUCATION | 2020 |
| Blessings in a Backpack | Louisville, KY | $1,000 | PROVIDE FOOD TO LOW INCOME SCHOOL CHILDREN | 2020 |
| New Trier Township Angel Fund | Winnetka, IL | $1,000 | EMERGENCY FINANCIAL AID | 2020 |
| World War II Foundation | Wakefiled, RI | $1,000 | EDUCATION | 2020 |
| Saints Faith Hope and Charity | Winnetka, IL | $1,000 | RELIGOUS | 2019 |
| Cystinosis Research Foundation | Irvine, CA | $1,000 | MEDICAL RESEARCH | 2019 |
| Big Shoulders Fund | Chicago, IL | $1,000 | EDUCATION | 2019 |