Non-profit

Anthony Crabb and Barbara Grasseschi Foundation

Location:

Healdsburg, CA

Tax ID:

77-0517537

Tax-Exempt Status:

501(c)(3)

Budget (2020):

Revenue: $188,561
Expenses: $400,781
Assets: $4,943,249

Type:

Private Foundation

Founded:

1999

President:

Barbara Grasseschi

Budget (2022):

Revenue: $159,651
Expenses: $503,745
Net Assets: $4,492,998 1

References

  1. Anthony Crabb and Barbara Grassechi Foundation, IRS Form 990, 2022.

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The Anthony Crabb and Barbara Grasseschi Foundation is a husband-and-wife-operated private foundation that generates revenue from investment income and issues grants to other nonprofit organizations. Grant recipients include left-of-center advocacy organizations, including Voices for Progress, the Union of Concerned Scientists, and Voto Latino.

Background

The president of the foundation is Barbara Grasseschi and the vice president is her husband, Anthony Crabb. Barbara Grasseschi was formerly in sales and marketing for digital communications conglomerate Cisco Systems. She established a branch of Electing Women Bay Area and currently sits on the steering committee of Electing Women Alliance. Anthony Crabb was also an executive at Cisco. 1

In 2000, Grasseschi and Crabb purchased Puma Springs Vineyard in California, where they have hosted Democratic campaign events for politicians including Vice President Kamala Harris, Sen. Elizabeth Warren (D-MA), and Sen. Kirsten Gillibrand (D-NY). 2 During the 2012 elections, Grasseschi actively supported President Barack Obama’s re-election campaign as a “bundler,” raising between $200,000 and $500,000 for his reelection. 3

Grasseschi and Crabb are also major donors to Healthcare Foundation Northern Sonoma County, a nonprofit devoted to “eliminating health inequities in Sonoma County.” Grasseschi is the former board chair of the organization. 4

Financials

The Anthony Crabb and Barbara Grasseschi Foundation generates investment income from securities to provide grants to other tax-exempt organizations. The foundation issued grants totaling $468,030 in 2022, with significant donations to left-leaning organizations. 5

In 2022, the foundation reported average monthly holdings of securities worth $9.3 million, with a minimum return on investment of $463,488 and a distributable amount of $461,327. 6

Grantmaking

From 2020 through 2022, the foundation donated $87,500 to Voices for Progress, a Washington, D.C.-based left-leaning organization headed by Sandra Fluke under the Tides Advocacy group. 7 8 9

During the same period, the foundation donated $75,000 to the Union of Concerned Scientists, a left-leaning organization focused on climate change and critical race theory-aligned notions of racial equity. 10 11 12 Barbara Grasseschi is a member of the organization’s National Advisory Board. 13 14

The foundation also donated $85,000 to left-of-center voter mobilization group Voto Latino between 2020 and 2022. 15 16 17

In 2012 the foundation made its largest donation of $100,000 to the Committee for Charlotte, the official host committee for the 2012 Democratic National Convention. 18

The Healthcare Foundation of Northern Sonoma County is the top recipient of foundation grants, receiving $368,000 from 2020 to 2022. 19 20 21 Grasseschi has sat on the organization’s board of directors and facilitated raising $450,000 in donations for of COVID 19 emergency assistance. 22 23

References

  1. “Barbara Grasseschi.” Union of Concerned Scientists. Accessed June 28, 2023. https://www.ucsusa.org/about/people/barbara-grasseschi-0.
  2. Silvy, Tyler. “Meet the Healdsburg ‘farmer’ Who Has Brought 4 Presidential Candidates to Sonoma County.” Santa Rosa Press Democrat, September 23, 2019. Accessed July 21, 2023. https://www.pressdemocrat.com/article/news/healdsburg-woman-brings-presidential-candidates-to-sonoma-county/
  3. “Organizing for Action: Who’s Giving to Obama-Linked Nonprofit?” OpenSecrets News, November 14, 2018. Accessed July 21, 2023. https://www.opensecrets.org/news/2014/06/organizing-for-action-whos-giving-to-obama-linked-nonprofit/.
  4. “Nonprofit Leadership Awards: Barbara Grasseschi, Healthcare Foundation Northern Sonoma County.” The North Bay Business Journal, December 15, 2020. Accessed July 21, 2023. https://www.northbaybusinessjournal.com/article/industrynews/barbara-grasseschi-of-the-healthcare-foundation-northern-sonoma-county-win/.
  5. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2022.
  6. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2022.
  7. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2022.
  8. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2021.
  9. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2020.
  10. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2022.
  11. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation.  2021.
  12. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation., 2020.
  13. “National Advisory Board.” Union of Concerned Scientists. Accessed July 20, 2023. https://www.ucsusa.org/about/people/national-advisory-board.
  14. “About.” Union of Concerned Scientists. Accessed July 20, 2023. https://www.ucsusa.org/about.
  15. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation.  2022.
  16. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2021.
  17. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation.  2020.
  18. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2012.
  19.  Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2022.
  20. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation. 2021.
  21. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation.  2020.
  22. Return of Organization Exempt from Income Tax (Form 990). Anthony Crabb and Barbara Grassechi Foundation.  2022.
  23. “Nonprofit Leadership Awards: Barbara Grasseschi, Healthcare Foundation Northern Sonoma County.” The North Bay Business Journal, December 15, 2020. Accessed July 21, 2023. https://www.northbaybusinessjournal.com/article/industrynews/barbara-grasseschi-of-the-healthcare-foundation-northern-sonoma-county-win/.
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: August 1, 1999

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2020 Dec Form PF $188,561 $400,781 $4,943,249 $1 $0 $0 $0 $0
    2019 Dec Form PF $1,281,968 $407,345 $5,183,503 $20,839 $0 $0 $0 $0 PDF
    2015 Dec Form PF $183,127 $332,566 $4,420,260 $413 $0 $0 $0 $0 PDF
    2014 Dec Form PF $192,539 $298,210 $4,171,736 $0 $0 $0 $0 $0 PDF
    2013 Dec Form PF $150,153 $221,590 $4,283,098 $0 $0 $0 $0 $0 PDF
    2012 Dec Form PF $379,689 $273,560 $4,364,133 $4,794 $0 $0 $0 $0 PDF
    2011 Dec Form PF $124,104 $211,912 $4,202,397 $0 $0 $0 $0 $0 PDF

    Additional Filings (PDFs)

    Anthony Crabb and Barbara Grasseschi Foundation

    1083 Vine St
    Healdsburg, CA