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Kraft Family Foundation Inc. is a private corporation based in FOXBOROUGH, MA. The foundation received its IRS ruling in 1953. The principal officer is Michael Castonguay. It holds total assets of $32M. Annual income is reported at $13.6M. Total assets have decreased from $48.9M in 2011 to $32M in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2024. According to available records, Kraft Family Foundation Inc. has made 4 grants totaling $36.8M, with a median grant of $9.8M. Annual giving has grown from $7.3M in 2020 to $9.6M in 2023. Grantmaking activity was highest in 2022 with $19.9M distributed across 2 grants. Individual grants have ranged from $7.3M to $10M, with an average award of $9.2M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Massachusetts.
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.
Kraft Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA.
Kraft Family Foundation Inc. has distributed a total of $36.8M across 4 grants. The median grant size is $9.8M, with an average of $9.2M. Individual grants have ranged from $7.3M to $10M.
Kraft Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (046050716) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Kraft Family Foundation Inc. is headquartered in FOXBOROUGH, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan A Kraft | Assistant Clerk & Director | $0 | $0 | N/A |
| Daniel A Kraft | Assistant Clerk & Director | $0 | $0 | N/A |
| Robert K Kraft | President Treasurer & Director | $0 | $0 | N/A |
| Joshua M Kraft | Clerk & Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$32M
Fair Market Value
N/A
Net Worth
$32M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$36.8M
Average Grant
$9.2M
Median Grant
$9.8M
Unique Recipients
2
Most Common Grant
$10M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Grant Details AttachmentSee Grant Details Attachment | Foxborough, MA | $9.6M | 2023 |
| See Attachment 12SEE ATTACHMENT 12 | Foxborough, MA | $7.3M | 2020 |