Craig Community Foundation Inc

KLAWOCK, AK EIN: 92-0156618

Craig Community Foundation Inc is a private foundation focused on Education, based in KLAWOCK, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26K in total assets. In 2024, it awarded 2 grants totaling $11K. Net investment income was $23.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$26K

+17.1% YoY

Annual Giving

$11K

+57.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$5K

-21.5% YoY

Under IRS private-foundation payout rules, Craig Community Foundation Inc reported a distributable amount of $804 for 2024 — the minimum it must pay out in qualifying distributions.

About Craig Community Foundation Inc

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alaska $45K (100%)

States

Alaska

Cities

Craig

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$26,440	$22,586	$14,288
Revenue	$14,601	$15,529	$5,997
Expenses	$10,747	$7,231	$11,966
Qualifying Distributions	$10,645	$6,781	$11,441
Net Investment Income	$23	$10	$7
Distributable Amount	$804	$594	$904

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Payments for cancer treament travel expenses to nine POW residents ($10,185), Emergency Housing ($460).

Recipient	Purpose	Amount
Payments for cancer treament travel expenses to nine POW residents CRAIG, AK	CANCER TREATMENT TRAVEL EXPENSES	$10,185
Emergency Housing CRAIG, AK	EMERGENCY HOUSING	$460

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Barbara Stanley	President	0.5	—
Janice Bush	Vice President	1	—
Wendy Hamilton	Secretary	0.5	—
Barbara Armstrong	Director	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Craig Community Foundation Inc?

Craig Community Foundation Inc is a private foundation focused on Education, based in KLAWOCK, AK. It holds $26K in total assets as of 2024.

How large is Craig Community Foundation Inc?

As of 2024, Craig Community Foundation Inc holds $26K in total assets with $15K in annual revenue. It awarded 2 grants totaling $11K in 2024.

Where does Craig Community Foundation Inc operate?

Craig Community Foundation Inc has awarded grants in Alaska.

What size grants does Craig Community Foundation Inc award?

In 2024, Craig Community Foundation Inc awarded 2 grants totaling $11K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Craig Community Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Craig Community Foundation Inc reported a distributable amount of $804 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Craig Community Foundation Inc's EIN?

Craig Community Foundation Inc's EIN (Employer Identification Number) is 92-0156618. IRS Form 990 filing data is available on this page for 2020–2024.