Crary Family Legacy Fund
EIN 471622097About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $515,743. This amount represents 25% or more of the Foundation's net assets of $1,818,223 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
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 | $233K | $2.3M | $789K | 13 |
| 2017 | $407K | $2.2M | $245K | 18 |
| 2018 | $400K | $2.1M | $650K | 23 |
| 2019 | N/A | $1.8M | $-14K | N/A |
| 2020 | $516K | $1.5M | $238K | 26 |
| 2022 | $520K | $986K | $404K | 25 |
| 2023 | $130K | $1.1M | $90K | 10 |
Grant Size Distribution
Based on 115 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (115 total)
| Purpose | ||||
|---|---|---|---|---|
| Masters Heart Ministries | West Fargo, ND | $134,400 | General & Unrestricted | 2020 |
| Masters Heart Ministries | West Fargo, ND | $115,020 | General & Unrestricted | 2018 |
| Masters Heart Ministries | West Fargo, ND | $100,020 | General & Unrestricted | 2016 |
| Masters Heart Ministries | West Fargo, ND | $100,020 | General & Unrestricted | 2017 |
| Bethel Church | Fargo, ND | $100,000 | Debt Reduction Fund | 2017 |
| Masters Heart Ministries | West Fargo, ND | $92,502 | General & Unrestricted | 2022 |
| Hope Works Community Development | Chicago, IL | $57,100 | General & Unrestricted | 2018 |
| One on One | Chicago, IL | $50,000 | General & Unrestricted | 2020 |
| Bethany Land Institute Usa Ltd | South Bend, IN | $50,000 | General & Unrestricted | 2022 |
| One on One | Chicago, IL | $50,000 | General & Unrestricted | 2022 |
| Fargo Union Mission Inc | Fargo, ND | $50,000 | Building Campaign | 2016 |
| Bethany Land Institute Usa Ltd | South Bend, IN | $50,000 | General & Unrestricted | 2017 |
| Living Stone Global Foundation | Arnold, CA | $47,500 | General & Unrestricted | 2020 |
| Living Stone Global Foundation | Arnold, CA | $42,500 | General & Unrestricted | 2022 |
| Sisters of the Living Word | Arlington Heights, IL | $35,000 | General & Unrestricted | 2020 |
| Bethany Land Institute Usa Ltd | South Bend, IN | $33,343 | General & Unrestricted | 2020 |
| Precious Blood Ministry of Reconciliation Nfp | Chicago, IL | $30,000 | General & Unrestricted | 2020 |
| Precious Blood Ministry of Reconciliation Nfp | Chicago, IL | $30,000 | General & Unrestricted | 2022 |
| Sisters of the Living Word | Arlington Heights, IL | $30,000 | General & Unrestricted | 2022 |
| Amate House Foundation | Chicago, IL | $28,000 | General & Unrestricted | 2018 |
| Amate House Foundation | Chicago, IL | $25,000 | General & Unrestricted | 2022 |
| St Pius X Catholic Church | Granger, IN | $25,000 | General & Unrestricted | 2016 |
| Evangelical Free Church of America | Minneapolis, MN | $25,000 | EFCA Forward Fund | 2017 |
| Sisters of the Living Word | Arlington Heights, IL | $25,000 | General & Unrestricted | 2017 |
| Sisters of the Living Word | Arlington Heights, IL | $25,000 | General & Unrestricted | 2018 |