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Craven Family Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 1999. The principal officer is Donald Allen Craven Jr. It holds total assets of $625K. Annual income is reported at $24K. Total assets have decreased from $826K in 2011 to $608K 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 2016 to 2023. The foundation primarily funds organizations in Texas and Colorado. According to available records, Craven Family Foundation has made 9 grants totaling $92K, with a median grant of $5K. The foundation has distributed between $20K and $50K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $50K distributed across 4 grants. Individual grants have ranged from $2K to $23K, with an average award of $10K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Texas and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$9K
Average Grant
$7K
Largest Grant
$10K
Based on 3 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.
Craven Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in TX, CO.
Craven Family Foundation has distributed a total of $92K across 9 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $2K to $23K.
Craven Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Craven Family Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald Allen Craven Jr | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Donald Allen Craven Sr | VICE PRESIDENT | $0 | $0 | N/A |
| Tiffany Aldrich Craven | SECRETARY | $0 | $0 | N/A |
Total Giving
$25K
Total Assets
$608K
Fair Market Value
$473K
Net Worth
$608K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$22K
Total: $593K
Total Grants
9
Total Giving
$92K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Austin Community FoundationFUND ORGANIZATION'S EXEMPT PURPOSE | Austin, TX | $18K | 2023 |
| Family EldercareFUND ORGANIZATION'S EXEMPT PURPOSE | Austin, TX | $2K | 2023 |
| University Of Colorado FoundationFUND ORGANIZATION'S EXEMPT PURPOSE | Denver, CO | $5K | 2021 |