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The Cragg Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $1.3M. Annual income is reported at $713K. Total assets have grown from $375K in 2011 to $1.1M in 2023. The foundation is governed by 4 officers and trustees. 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 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, The Cragg Family Foundation has made 25 grants totaling $207K, with a median grant of $3K. The foundation has distributed between $48K and $110K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $110K distributed across 12 grants. Individual grants have ranged from $2K to $37K, with an average award of $8K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$4K
Average Grant
$8K
Largest Grant
$30K
Based on 6 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.
The Cragg Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in TX.
The Cragg Family Foundation has distributed a total of $207K across 25 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $2K to $37K.
The Cragg Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Cragg Family Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher E Cragg | Pres, Dir, Sec | $0 | $0 | N/A |
| Lauren E Cragg | VP | $0 | $0 | N/A |
| Matthew Cragg | VP | $0 | $0 | N/A |
| Jessica Cragg Dugan | VP | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$1.1M
Fair Market Value
$1.4M
Net Worth
$1.1M
Grants Paid
$49K
Contributions
N/A
Net Investment Income
$87K
Distribution Amount
$61K
Total: $1.1M
Total Grants
25
Total Giving
$207K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
7
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southwestern UniversityCragg Family Scholarship fund and Mood Bridwell Renovation fund - Faculty Office in Honor of Dr. H. Eugene Cragg | Georgetown, TX | $29K | 2023 |
| House Of Amos IncGeneral & Unrestricted | Houston, TX | $5K | 2023 |
| Museum Of Fine Arts HoustonGeneral & Unrestricted | Houston, TX | $5K | 2023 |
| Menil Foundation IncGeneral & Unrestricted | Houston, TX | $3K | 2023 |
| Houston Center For Contemporary CraftGeneral & Unrestricted | Houston, TX | $3K | 2023 |
| Memorial Park Conservancy IncGeneral & Unrestricted | Houston, TX | $2K | 2023 |
| Scott & White Healthcare FoundationAccess to Care - Pilot Program (Austin region) | Dallas, TX | $2K | 2023 |