Also known as: FOUNDATION U/A/D 12/28/1999
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Kenneth Kratz Family Charitable Foundation is a private trust based in CREEDMOOR, NC. The foundation received its IRS ruling in 2001. The principal officer is Grim Biehn & Thatcher. It holds total assets of $706K. Annual income is reported at $41K. The foundation is governed by 1 officer or trustee. 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 2015 to 2024. According to available records, Kenneth Kratz Family Charitable Foundation has made 13 grants totaling $130K, with a median grant of $10K. The foundation has distributed between $3K and $64K annually from 2020 to 2022. Individual grants have ranged from $2K to $20K, with an average award of $10K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Virginia and North Carolina and Texas. Contributions to this foundation are tax-deductible.
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.
Kenneth Kratz Family Charitable 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 VA, NC, TX.
Kenneth Kratz Family Charitable Foundation has distributed a total of $130K across 13 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $2K to $20K.
Kenneth Kratz Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kenneth Kratz Family Charitable Foundation is headquartered in CREEDMOOR, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew K Kratz | TRUSTEE | $16K | $0 | $16K |
Total Giving
N/A
Total Assets
$706K
Fair Market Value
N/A
Net Worth
$683K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$130K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity AcademyYEAR-END APPEAL | Raleigh, NC | $20K | 2022 |
| Hargrave Military AcademyGENERAL FUND | Chatham, VA | $20K | 2022 |
| Southbridge FellowshipGENERAL FUND | Raleigh, NC | $15K | 2022 |
| Ymca Of The Triangle Area IncWE BUILD PEOPLE CAMPAIGN | Raleigh, NC | $5K | 2022 |
| Ae Finley YmcaWE BUILD PEOPLE CAMPAIGN | Raleigh, NC | $2K | 2021 |
| Gallant FewVETERAN SERVICES | Roanoke, TX | $2K | 2020 |