Olin Cranfill Memorial Fund in Winstonsalem, North Carolina (NC)

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Olin Cranfill Memorial Fund
Employer Identification Number (EIN)264814339
Name of OrganizationOlin Cranfill Memorial Fund
In Care of NameWilliam E Hollan Jr
Address420 W 4th St Ste 202b, Winstonsalem, NC 27101
SubsectionEducational Organization
Ruling Date07/2009
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$4,790
Amount of Income$15,654
Form 990 Revenue Amount$15,654
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2014: $15,654 (it was $15,654 in 2012)
Olin Cranfill Memorial Fund: 

 $15,654
Other organizations performing similar types of work: 

 $41,680

Assets in 2014: $4,790 (it was $4,790 in 2012)
This organization: 

 $4,790
Other organizations performing similar types of work: 

 $65,579

Expenses in 2012: $20,587
Olin Cranfill Memorial Fund: 

 $20,587
Other organizations performing similar types of work: 

 $24,470

Income to expenses ratio in 2012: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 0.5

Grants share in income in 2012: 72.1%
This organization: 

 72.1%
Other organizations performing similar types of work: 

 9.0%

Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$15,654
Contributions, gifts, grants, and similar amounts received$11,287
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$4,367
Gross income from gaming$0
Gross income from fundraising events$7,280
Less: direct expenses from gaming and fundraising events$2,913
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$20,587
Total net assets$4,790
Deficit for the year$-4,933
Net assets or fund balances at beginning of year$9,723
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$4,790
Total liabilities$0
Net assets or fund balances$4,790
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$73,199
Gifts, grants, contributions, and membership fees received$73,199
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Us-Central Asia Education Foundation124 U St Nw, Washington, DC 20001-1606DC2007-10$4,838,252
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3Tom Mcmahon Construction Scholarship Fund4441 S Abilene Cir, Aurora, CO 80015-1047CO2006-11$18,033
4Sunshine Lady Foundation Inc103b S 11th St, Morehead City, NC 28557-4105NC1996-11$8,335,005
5First Lieutenant Pf Cureton Jr Fdn1525 W W T Harris Blvd, Charlotte, NC 28262-8522NC2014-05$7,245,998
6Unit Scholarship Fund Inc, Hayford Richard TteePO BOX 73338, Fort Bragg, NC 28307-3338NC1995-03$2,240,495
7Womens Independence Scholarship Program Inc4900 Randall Parkway, Wilmington, NC 28403-1798NC2008-05$1,925,423
8United American Patriots Inc, Donahue Herbert Jr110 Shields Park Dr Ste A, Kernersville, NC 27284-3567NC2005-06$1,808,372
9Samuel Dreifuss Family Fund1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262NC1980-08$1,665,207
10Hesburgh-Yusko Scholars Foundation2121 N Lakeshore Dr, Chapel Hill, NC 27514-2026NC2010-09$1,451,638
11The Priscilla Jewett Schneller Scholarship Trust1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC2011-01$1,391,762
12Src Education AlliancePO BOX 12053, Research Triangle Pk, NC 27709-2053NC2006-07$1,367,331
13Sallie Dubbs Tr Ua 122063 Fbo Sallie B Stephens Dubb Scholar1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC2000-02$1,237,238
14Anthony J Brill Foundation Inc1719 Ramsey St, Fayetteville, NC 28301-4411NC2012-03$1,236,099
15Waldo E Rennie Scholarship Fund1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC2014-06$851,987
16The Johansen International Competition For Young String, Friday Morning Music Club Fndn Fmmc1 W 4th St, Winston Salem, NC 27101-3818NC2000-05$691,816
17Rowan County Crosby Scholars Community Partnership2701 University Pkwy, Winston Salem, NC 27105-4223NC2013-08$598,737
18Smith Shaver Law School Scholarship Fund IncOne W Fourth St Ste 1200, Winston Salem, NC 27101-3818NC2005-05$549,232
19Airborne Scholarship AssociationPO BOX 72356, Fort Bragg, NC 28307-4356NC2010-08$390,924
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Number of organizations performing similar types of work
Alaska48
Alabama286
Arkansas212
Arizona375
California2,590
Colorado397
Connecticut360
District of Columbia210
Delaware90
Florida1,248
Georgia644
Hawaii125
Iowa241
Idaho90
Illinois1,083
Indiana348
Kansas216
Kentucky271
Louisiana247
Massachusetts819
Maryland580
Maine135
Michigan690
Minnesota353
Missouri459
Mississippi159
Montana122
North Carolina631
North Dakota29
Nebraska124
New Hampshire145
New Jersey1,137
New Mexico122
Nevada157
New York1,581
Ohio902
Oklahoma233
Oregon274
Pennsylvania951
Rhode Island132
South Carolina243
South Dakota54
Tennessee325
Texas2,055
Utah196
Virginia649
Vermont87
Washington473
Wisconsin403
West Virginia110
Wyoming43
International27
Total23,481

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