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Also known as: C/O K&E
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Krane Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1991. The principal officer is K&E. It holds total assets of $61K. Annual income is reported at $50K. Total assets have decreased from $271K in 2010 to $61K in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Illinois. According to available records, Krane Foundation has made 4 grants totaling $86K, with a median grant of $16K. Annual giving has grown from $36K in 2023 to $50K in 2024. Individual grants have ranged from $4K to $50K, with an average award of $22K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Illinois and Wyoming. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$10K
Largest Grant
$25K
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.
Krane Foundation 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 IL, WY.
Krane Foundation has distributed a total of $86K across 4 grants. The median grant size is $16K, with an average of $22K. Individual grants have ranged from $4K to $50K.
Krane Foundation typically selects its grantees rather than accepting unsolicited proposals.
Krane Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marie C Bergman | DIRECTOR | $0 | $0 | N/A |
| Chrystan Kowalski | SECRETARY | $0 | $0 | N/A |
| Howard G Krane | PRESIDENT | $0 | $0 | N/A |
| Hilary K Krane | DIRECTOR | $0 | $0 | N/A |
Total Giving
$52K
Total Assets
$61K
Fair Market Value
$206K
Net Worth
$60K
Grants Paid
$50K
Contributions
$7K
Net Investment Income
$31K
Distribution Amount
$11K
Total: $50K
Total Grants
4
Total Giving
$86K
Average Grant
$22K
Median Grant
$16K
Unique Recipients
3
Most Common Grant
$25K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Chicago Law SchoolPROVIDING EDUCATION OPPORTUNITIES | Chicago, IL | $50K | 2024 |
| Brain Chemistry LabsAS NEEDED | Jackson, WY | $8K | 2023 |
| University Of Chicago Medical CenterFOREFRONT FUNDING | Chicago, IL | $4K | 2023 |