TULSA, OK
Joseph W Craft Iii Foundation
Quick Facts
- EIN
- 731514539
- Location
- TULSA, OK
- Category
- Philanthropy & Grantmaking
- Total Assets
- $146.2M
- Annual Income
- $39.4M
- IRS Ruling Year
- 1997
- Organization Type
- Trust
- Principal Officer
- % J W Iii & Kathy Craft Co-Ttees
- Tax Deductibility
- Contributions are deductible
About This Foundation
Joseph W Craft Iii Foundation is a private trust based in TULSA, OK. The foundation received its IRS ruling in 1997. The principal officer is % J W Iii & Kathy Craft Co-Ttees. It holds total assets of $146.2M. Annual income is reported at $39.4M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$12.8M
2023+0%
Total Assets
$129.7M
2023+6%
Fair Market Value
$159.6M
2023
Net Worth
$129.7M
2023
Grants Paid
$6.8M
2023
Contributions
$7.1M
2023
Net Investment Income
$8.8M
2023
Distribution Amount
$7.3M
2023
Total Giving by Year
$1.4M
11$497K
12$1.4M
13$2M
14$3M
15$14.5M
19$8.6M
20$11.8M
21$12.8M
22$12.8M
23Asset Growth
$21.5M
11$30.9M
12$40.7M
13$56.6M
14$57.5M
15$107M
19$104.1M
20$111.8M
21$122.1M
22$129.7M
23Investment Portfolio (2023)
Total: $42M
Corporate Stock: $42M
Other Investments: $17.9M
Cash: $3.8M
Corporate Stock (66%)
Other Investments (28%)
Cash (6%)
Expense Breakdown (2023)
Grants Paid$6.8M
Interest$22K
Revenue Sources (2023)
- Other Income
- $11.1M
- Contributions
- $7.1M
- Dividends
- $3.6M
- Capital Gains (Net)
- $1.4M
- Interest
- $144K
- Gross Rents
- $120K
Financial Details (2023)
- Total Revenue
- $23.5M
- Total Expenses
- $12.8M
- Exempt Purpose Expenses
- $7M
- Required Distribution
- $7.3M
- Undistributed Income
- $7.2M
- Total Liabilities
- $1
- Excise Tax
- $123K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$10.5M
Average Grant
$209K
Median Grant
$68K
Total Giving by Year
$5.3M (27 grants)
21$5.1M (23 grants)
22Grant Range
Min$2K
Max$1.9M
Median: $68K
Smallest grantLargest grant
Openness to New Grantees (2022)
35%
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
ME: $2K (1)
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $25K (1)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
KY: $7.9M (23)
WV
WV: $10K (1)
VA
MD
DE
DC
DC: $925K (4)
AZ
NM
KS
AR
TN
NC
SC
OK
OK: $806K (15)
LA
MS
AL
GA
FL
FL: $100K (1)
HI
TX
TX: $700K (4)
KY$7.9M (23)
DC$925K (4)
OK$806K (15)
TX$700K (4)
FL$100K (1)
NY$25K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Foundation For Appalachia KentuckyCHARITABLE | Hazard, KY | $1.9M | 2022 |
| Msu FoundationCHARITABLE | Morehead, KY | $950K | 2022 |
| Waylond Historical SocietyCHARITABLE | Wayland, KY | $350K | 2022 |
| Government Accountability OversightCHARITABLE | Washington Dc, DC | $300K | 2022 |
| Friends Of American Song Archives ICHARITABLE | Tulsa, OK | $250K | 2022 |
| Texas Public Policy FoundationCHARITABLE | Austin, TX | $250K | 2022 |
| Christian Student Fellowship IncCHARITABLE | Lexington, KY | $250K | 2022 |
| Kentucky Chamber FoundationCHARITABLE | Frankfort, KY | $148K | 2022 |
| University Of KentuckyCHARITABLE | Lexington, KY | $120K | 2022 |
| Tulsa Area United WayCHARITABLE | Tulsa, OK | $100K | 2022 |
| Volunteer Florida FoundationCHARITABLE | Tallahassee, FL | $100K | 2022 |
| George W Bush FoundationCHARITABLE | Dallas, TX | $100K | 2022 |
| Lexington SchoolEDUCATIONAL | Lexington, KY | $75K | 2022 |
| Mental Health AssociationCHARITABLE | Tulsa, OK | $60K | 2022 |
| Knott County Youth FoundationCHARITABLE | Hindman, KY | $50K | 2022 |
| Awesome Center For EntrepreneurshipCHARITABLE | Lexington, KY | $25K | 2022 |
| Alzheimer'S AssociationCHARITABLE | Tulsa, OK | $25K | 2022 |
| The World Values NetworkCHARITABLE | Suffern, NY | $25K | 2022 |
| Parent Child Center Of TulsaCHARITABLE | Tulsa, OK | $10K | 2022 |
| Friends Of Coal Ladies AuxiliaryCHARITABLE | Beckley, WV | $10K | 2022 |
| Pass Thru From K1'SCHARITABLE | Various, OK | $6K | 2022 |
| Stand In The Gap MinistriesCHARITABLE | Tulsa, OK | $5K | 2022 |
| Wreaths Across AmericaCHARITABLE | Columbia Falls, ME | $2K | 2022 |
| University Of KentuckyCHARITABLE | Lexington, KY | $1.1M | 2021 |
| Msu FoundationCHARITABLE | Morehead, KY | $950K | 2021 |
| University Of Louisville FoundationCHARITABLE | Louisville, KY | $900K | 2021 |
| Christian Student Fellowship IncCHARITABLE | Lexington, KY | $500K | 2021 |
| American Enterprise InstituteCHARITABLE | Washington, DC | $300K | 2021 |
| Government Accountability OversightCHARITABLE | Washington Dc, DC | $300K | 2021 |
| Texas Public Policy FoundationCHARITABLE | Austin, TX | $250K | 2021 |
| Coaches For Kids FoundationCHARITABLE | Lexington, KY | $167K | 2021 |
| Southland Christian ChurchCHARITABLE | Lexington, KY | $150K | 2021 |
| Tulsa Area United WayCHARITABLE | Tulsa, OK | $100K | 2021 |
| Girls And Boys ClubCHARITABLE | Tulsa, OK | $100K | 2021 |
| George W Bush FoundationCHARITABLE | Dallas, TX | $100K | 2021 |
| Lexington SchoolEDUCATIONAL | Lexington, KY | $50K | 2021 |
| Foundation For Appalachia KentuckyCHARITABLE | Hazard, KY | $50K | 2021 |
| American Heart AssociationCHARITABLE | Tulsa, OK | $35K | 2021 |
| Mental Health AssociationCHARITABLE | Tulsa, OK | $30K | 2021 |
| Cleveland Home IncCHARITABLE | Versailles, KY | $25K | 2021 |
| Tulsa Day Center For HomelessCHARITABLE | Tulsa, OK | $25K | 2021 |
| Alzheimer'S AssociationCHARITABLE | Tulsa, OK | $25K | 2021 |
| Knott County Youth FoundationCHARITABLE | Hindman, KY | $25K | 2021 |
| American Red CrossCHARITABLE | Tulsa, OK | $25K | 2021 |
| Awesome Center For EntrepreneurshipCHARITABLE | Lexington, KY | $25K | 2021 |
| Hudson InstituteCHARITABLE | Washington, DC | $25K | 2021 |
| Kentucky Chamber FoundationCHARITABLE | Frankfort, KY | $23K | 2021 |
| Kentucky 4h FoundationCHARITABLE | Lexington, KY | $15K | 2021 |
| Parent Child Center Of TulsaCHARITABLE | Tulsa, OK | $10K | 2021 |
| Kceoc Community Action PartnerCHARITABLE | Gray, KY | $10K | 2021 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
| 2015-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
See Similar Foundations
Philanthropy & Grantmaking
Gates Foundation
SEATTLE, WA
$78.7BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Gates Foundation Trust
KIRKLAND, WA
$77.6BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Ford Foundation
NEW YORK, NY
$17.5BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
William & Flora Hewlett Foundation
MENLO PARK, CA
$14.2BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Robert Wood Johnson Foundation
PRINCETON, NJ
$13.4BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
J Paul Getty Trust
LOS ANGELES, CA
$13BPhilanthropy & Grantmaking
More Foundations in Oklahoma
Philanthropy & Grantmaking
Charles And Lynn Schusterman Family Foundation
TULSA, OK
$2.2BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
The Samuel Roberts Noble Foundation
ARDMORE, OK
$1.1BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Inasmuch Foundation
OKLAHOMA CITY, OK
$399.4MPhilanthropy & Grantmaking