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Frank H Kraft Scholarship Trust is a private trust based in WHEELING, WV. The foundation received its IRS ruling in 1999. The principal officer is Wesbanco Bank. It holds total assets of $972K. Annual income is reported at $263K. Wesbanco bank - technical assistance provided to ensure the maintenance of complete and accurate financial records - filing form 990-pf. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Frank H Kraft Scholarship Trust has made 4 grants totaling $324K, with a median grant of $81K. The foundation has distributed between $79K and $83K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $83K distributed across 1 grants. Individual grants have ranged from $79K to $83K, with an average award of $81K. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
Wesbanco bank - technical assistance provided to ensure the maintenance of complete and accurate financial records - filing form 990-pf
Expenses: $4K
Wesbanco bank - technical assistance provided to ensure the maintenance of complete and accurate financial records - filing form 990-pf. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in WV.
Frank H Kraft Scholarship Trust has distributed a total of $324K across 4 grants. The median grant size is $81K, with an average of $81K. Individual grants have ranged from $79K to $83K.
Frank H Kraft Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Frank H Kraft Scholarship Trust is headquartered in WHEELING, WV.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$92K
Total Assets
$969K
Fair Market Value
$1.1M
Net Worth
$969K
Grants Paid
$82K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$52K
Total Grants
4
Total Giving
$324K
Average Grant
$81K
Median Grant
$81K
Unique Recipients
1
Most Common Grant
$83K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Linsly SchoolTHE LINSLY SCHOOL STUDENT | Wheeling, WV | $82K | 2023 |