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Krause Family Foundation is a private corporation based in BEACHWOOD, OH. The foundation received its IRS ruling in 1968. It holds total assets of $2M. Annual income is reported at $2.9M. Total assets have grown from $126K in 2011 to $905K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Ohio, New York and Florida. According to available records, Krause Family Foundation has made 43 grants totaling $2M, with a median grant of $3K. Annual giving has decreased from $1.5M in 2021 to $473K in 2022. Individual grants have ranged from $100 to $450K, with an average award of $46K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Ohio, Florida, Massachusetts, which account for 86% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$37K
Largest Grant
$333K
Based on 29 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.
Krause Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in OH, FL, MA.
Krause Family Foundation has distributed a total of $2M across 43 grants. The median grant size is $3K, with an average of $46K. Individual grants have ranged from $100 to $450K.
Krause Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Krause Family Foundation is headquartered in BEACHWOOD, OH. While based in OH, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan Krause | PRESIDENT | $0 | $0 | N/A |
| Karen Krause | SECRETARY | $0 | $0 | N/A |
Total Giving
$49K
Total Assets
$905K
Fair Market Value
$921K
Net Worth
$905K
Grants Paid
$42K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$42K
Total: $705K
Total Grants
43
Total Giving
$2M
Average Grant
$46K
Median Grant
$3K
Unique Recipients
31
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Friendship Circle Of ClevelandGENERAL | Pepper Pike, OH | $280K | 2022 |
| Jewish Federation Of ClevelandGENERAL | Cleveland, OH | $120K | 2022 |
| Temple Tifereth IsraelGENERAL | Beachwood, OH | $22K | 2022 |
| Miami City BalletGENERAL | Miami Beach, FL | $15K | 2022 |
| Morselife FoundationGENERAL | West Palm Beach, FL | $11K | 2022 |
| University HospitalsGENERAL | Cleveland, OH | $10K | 2022 |
| CjpcGENERAL | Worcester, MA | $7K | 2022 |
| AjcGENERAL | New York, NY | $3K | 2022 |
| Friends Of Breakthrough SchoolsGENERAL | Cleveland, OH | $1K | 2022 |
| Norton Museum Of ArtGENERAL | West Palm Beach, FL | $1K | 2022 |
| The Park SynagogueGENERAL | Cleveland, OH | $1K | 2022 |
| Cleveland Museum Of ArtGENERAL | Cleveland, OH | $1K | 2022 |
| Raymond F Kravis Center For The Performing ArtsGENERAL | West Palm Beach, FL | $1K | 2022 |
| Hebrew Academy Of ClevelandGENERAL | Cleveland Heights, OH | $500 | 2022 |
| Sarah Sager Philanthropic Fund Co Anshe Chesed Fairmount TempleGENERAL | Beachwood, OH | $300 | 2022 |
| Yeshiva Ateres Shmuel Of WaterburyGENERAL | Waterbury, CT | $100 | 2022 |
| Case Western Reserve UniversityGENERAL | Cleveland, OH | $334K | 2021 |
| Cleveland Clinic FoundationGENERAL | Beachwood, OH | $225K | 2021 |
| Cleveland Clinic FloridaGENERAL | Weston, FL | $100K | 2021 |
| Jewish Federation Of Palm BeachGENERAL | West Palm Beach, FL | $25K | 2021 |
| Maltz Museum Of Jewish HeritageGENERAL | Beachwood, OH | $15K | 2021 |
| Western Reserve AcademyGENERAL | Hudson, OH | $5K | 2021 |
| Alzheimer'S AssociationGENERAL | Beachwood, OH | $3K | 2021 |
| Peggy Adams Animal Rescue LeagueGENERAL | West Palm Beach, FL | $2K | 2021 |
| American Friends Of The Hebrew UniversityGENERAL | New York, NY | $1K | 2021 |
| Cleveland Food BankGENERAL | Cleveland, OH | $1K | 2021 |
| WksuGENERAL | Kent, OH | $1K | 2021 |
| Evans Scholars FoundationGENERAL | Glenview, IL | $1K | 2021 |
| The Gathering PlaceGENERAL | Beachwood, OH | $1K | 2021 |
| The Humane SocietyGENERAL | Washington, DC | $500 | 2021 |
| Cleveland Racquet ClubGENERAL | Cleveland, OH | $200 | 2021 |