CRAFT3
To build a thriving, just and empowered pacific northwest using capital, relationships and voice.
CRAFT3 at a glance
In short: CRAFT3 gave $11.2M across 4 grants in 2024 (avg $2.8M), mostly in Oregon. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $11,204,582
- +33513.1% vs 2023
- Grants made (2024)
- 4
- +100.0% vs 2023
- Average grant
- $2,801,146
- +16706.5% vs 2023
- Median grant
- $753,826
- Total assets
- $236,699,828
- +6.6% vs 2023
- Primary geography
- Oregon (95% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who CRAFT3 funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Micro Enterprise Service of Oregon ($9.6M). Together the top 4 received $11.2M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 2 grants of 6 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $33K (2023) to $11.2M (2024). In 2024 it made 4 grants totaling $11.2M.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Micro Enterprise Service of Oregon Portland, OR | Program Support | $9,589,705 |
| Cairo Portland, OR | Program Support | $1,000,000 |
| Low Income Investment Fun San Francisco, CA | Program Support | $507,652 |
| Richmond Learning Academy Portland, OR | Program Support | $107,225 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $236,699,828 | $53,607,388 | $38,316,373 | $11,204,582 | 4 | $1,804,612 |
| 2023 | $222,022,332 | $32,060,164 | $20,620,759 | $33,334 | 2 | $1,766,050 |
| 2022 | $182,110,281 | $19,219,259 | $15,992,790 | $220,000 | Total only | $889,621 |
| 2021 | $178,565,925 | $26,936,516 | $14,583,042 | — | — | $2,343,289 |
| 2020 | $176,968,098 | $26,919,478 | $19,330,753 | — | — | $-962,527 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About CRAFT3
Based on IRS filings
CRAFT3 is a public charity focused on Community Improvement & Capacity Building, based in Astoria, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $236.7M in total assets. In 2024, it awarded 4 grants totaling $11.2M. Net investment income was $1.8M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
CRAFT3 is led by Adam Zimmerman, Chief Executive Officer since 2021 (on filings since 2020); 17 of 30 officers listed in 2024 are compensated.
Officers on the 2024 filing
Adam Zimmerman
Chief Executive Officer
President & CEO → Chief Executive Officer, 2021
On filings since 2020
36 hrs/week
$254K (2020) → $281K (2024)
Bruce Brooks
Chief Executive Officer
Board Member & President → President, 2022
President → Chief Executive Officer, 2024
On filings since 2020
36 hrs/week
$38K (2021) → $303K (2024)
Paul Benoit
Board Chair
On filings since 2020
3 hrs/week
No compensation reported
Michael Wu
It Director
It Director → It Director & Vice President, 2021
It Director & Vice President → It Director, 2024
On filings since 2020
40 hrs/week
$135K (2020) → $179K (2024)
Che Wong
Commercial Lending Director
New on the 2024 filing
40 hrs/week
$158K (2024)
Tawny Reader
Consumer Lending Director
New on the 2024 filing
40 hrs/week
$144K (2024)
Christopher Larson
Chieft Strategy & Info Officer
Innovation & Eval Program Manager → Chieft Strategy & Info Officer, 2024
On filings since 2020
36 hrs/week
$116K (2020) → $152K (2024)
Gregory Bradley
Chief Credit Officer
Credit Officer & Senior Vice President → Chief Credit Officer, 2024
On filings since 2020
36 hrs/week
$114K (2020) → $166K (2024)
John Hunter
Senior Business Lender
Senior Business Lender Manager & Vice President → Senior Business Lender & Vice President, 2022
Senior Business Lender & Vice President → Senior Business Lender, 2024
On filings since 2020
40 hrs/week
$133K (2020) → $154K (2024)
Mark Stevenson
Chief Finanical Officer
Chief Financial Officer & Executive Vice President → New Markets Tax Credit Director & Executive Vice President, 2023
New Markets Tax Credit Director & Executive Vice President → Chief Finanical Officer, 2024
On filings since 2020
36 hrs/week
$163K (2020) → $199K (2024)
Michael Dickerson
Senior Advisor
Innovation & Evaluation Director → Senior Advisor, 2024
On filings since 2020
40 hrs/week
$191K (2020) → $236K (2024)
Ronalene Monteith
Senior Advisor
Chief Credit Officer & Executive Vice President → Senior Advisor, 2024
On filings since 2020
40 hrs/week
$173K (2020) → $246K (2024)
Sonya Lynn
Chief Operating Officer
Chief Operating Officer & Executive Vice President → Chief Operating Officer, 2023
On filings since 2020
36 hrs/week
$140K (2020) → $314K (2024)
Turner Waskom
Chief Lending Officer
Commercial Lending Director & Senior Vice President → Chief Lending Officer, 2024
On filings since 2020
36 hrs/week
$154K (2020) → $235K (2024)
Margaret Weiland
Chief Development & Staff Officer
Development Director & Senior Vice President → Chief Development & Staff Officer, 2024
On filings since 2021
36 hrs/week
$128K (2021) → $221K (2024)
James Galbraith
Legal Counsel Vice President
Legal Counsel & Vice President → Legal Counsel Vice President, 2024
On filings since 2022
40 hrs/week
$181K (2022) → $202K (2024)
Jane Repensek
Chief Financial Officer
Chief Financial Officer & Executive Vice President → Chief Financial Officer, 2024
On filings since 2023
36 hrs/week
$147K (2023) → $142K (2024)
Carl Seip
Chief Marketing Officer
New on the 2024 filing
36 hrs/week
$191K (2024)
Alan Okagaki
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Andrea Caupain Sanderson
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Jo Ann Kauffman
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Lee Winslett
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Linda Nettkoven
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Mary Houghton
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Walt Krumholz
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Ronald Grzywinski
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Alexia Kelly
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Shivon Brite
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Lisa Dow
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Sue Taoka
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (14)
- Former: Desiree Michiels (2020–2023) — Consumer Lending Director & Senior Vice President
- Former: Saif Hakim (2020–2023) — Commercial Lending Team Manager & Vice President
- Former: Stan Amy (2020–2023) — Board Member
- Former: Teresa Parriett (2020–2023) — Controller & Vice President
- Former: Chad Olney (2020–2022) — Board Member
- Former: Muthu Muthiah (2021–2022) — Board Member
- Former: Denise Pranger (2020–2021) — Board Member
- Former: Martha Choe (2020–2021) — Board Member
- Former: Walter Postlewait II (2020–2021) — Nmtc Investment Officer
- Former: Renee Castilla (2021) — Executive Assistant & Corp Secretary
- Former: April Knudsen (2020) — Corporate Secretary
- Former: Erika Lindholm (2020) — Senior Business Lender-Team Manager & Vice President
- Former: Margaret Kirby (2020) — Development Director & Senior Vice President
- Former: Ron Grzywinski (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $314K, to Sonya Lynn (Chief Operating Officer (Until 2/9/24)). 17 officers or directors reported compensation on that filing.
Frequently asked questions about CRAFT3
How much does CRAFT3 give each year?
CRAFT3 gave $11.2M across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $33K across 2 grants.
What is CRAFT3's typical grant size?
CRAFT3's median grant in 2024 was $753,826, and its average grant was $2,801,146, across 4 grants on its 2024 IRS Form 990.
Where does CRAFT3 give grants?
CRAFT3 gives mostly in Oregon: 95% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Portland, OR (3 grants).
Does CRAFT3 give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on CRAFT3's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (4 grants).
How large is CRAFT3?
CRAFT3 reported $236.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $53.6M.
What is CRAFT3?
CRAFT3 is a public charity focused on Community Improvement & Capacity Building, based in Astoria, OR. It holds $236.7M in total assets as of 2024.
What is CRAFT3's EIN?
CRAFT3's EIN (Employer Identification Number) is 91-1662698. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 22, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in CRAFT3's focus areas in our free grants database
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Funders with grantees in common, and similar funders in Oregon
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Total Given
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CRAFT3 down — hundreds of funders to go?