//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Crane Family Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2015. The principal officer is Jared Crane. It holds total assets of $1.8M. Annual income is reported at $2.2M. Total assets have grown from $294K in 2019 to $1.5M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, Crane Family Foundation has made 13 grants totaling $1.8M, with a median grant of $25K. Annual giving has grown from $113K in 2020 to $1.7M in 2022. Individual grants have ranged from $2K to $505K, with an average award of $138K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Texas and New York and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$15K
Largest Grant
$60K
Based on 11 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Crane Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in TX, NY, CA.
Crane Family Foundation has distributed a total of $1.8M across 13 grants. The median grant size is $25K, with an average of $138K. Individual grants have ranged from $2K to $505K.
Crane Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Crane Family Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James R Crane | PRESIDENT | $0 | $0 | N/A |
| Jared Crane | DIRECTOR | $0 | $0 | N/A |
| Krystal Crane Thompson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$1.4M
Contributions
$1.2M
Net Investment Income
$17K
Distribution Amount
$79K
Total: $273K
Total Grants
13
Total Giving
$1.8M
Average Grant
$138K
Median Grant
$25K
Unique Recipients
8
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Md Anderson Cancer CenterSUPPORT PROGRAM | Houston, TX | $505K | 2022 |
| Cold Springs Harbor LabSUPPORT PROGRAM | Cold Springs Harbor, NY | $300K | 2022 |
| St Johns SchoolSUPPORT PROGRAM | Houston, TX | $25K | 2022 |
| Pathways For Little FeetSUPPORT PROGRAM | Houston, TX | $10K | 2022 |
| Crimestoppers Of HoustonSUPPORT PROGRAM | Houston, TX | $2K | 2022 |
| Community Foundation For Monterey CountySUPPORT PROGRAMS | Monterrey, CA | $100K | 2020 |
| Correa Family FoundationSUPPORT PROGRAMS | Tomball, TX | $10K | 2020 |
| Children'S Museum Of HoustonSUPPORT PROGRAMS | Houston, TX | $3K | 2020 |