Craig E Kaforey Family Foundation
Craig E Kaforey Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLISON PARK, PA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $27K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+130.4% YoY
Annual Giving
$27K
+4.7% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$5K
+4.7% YoY
Under IRS private-foundation payout rules, Craig E Kaforey Family Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Craig E Kaforey Family Foundation
Based on IRS filings
Craig E Kaforey Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLISON PARK, PA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $27K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,131,272 | $491,018 | $503,758 |
| Revenue | $534,028 | $13,539 | $503,758 |
| Expenses | $33,186 | $27,698 | — |
| Qualifying Distributions | $26,500 | $25,300 | — |
| Net Investment Income | $20,969 | $11,141 | — |
| Distributable Amount | $30,909 | $25,662 | $1,224 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The V Foundation for Cancer Research ($10,000), St Jude Childrens Hospital ($5,000), University of Maryland College Park Foundation Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE V FOUNDATION FOR CANCER RESEARCH CARY, NC | CHARITY / DICK VITALE PEDIATRIC CANCER FUND | $10,000 |
| ST JUDE CHILDRENS HOSPITAL MEMPHIS, TN | CHARITY | $5,000 |
| UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC BALTIMORE, MD | CHARITY | $5,000 |
| MAKE A WISH - PA (LOCAL CHAPTER) PITTSBURGH, PA | CHARITY | $4,000 |
| SHADYSIDE ACADEMY - BLUE & GOLD FUND PITTSBURGH, PA | CHARITY | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CRAIG E KAFOREY | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Craig E Kaforey Family Foundation?
Craig E Kaforey Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLISON PARK, PA. It holds $1.1M in total assets as of 2024.
How large is Craig E Kaforey Family Foundation?
As of 2024, Craig E Kaforey Family Foundation holds $1.1M in total assets with $534K in annual revenue. It awarded 5 grants totaling $27K in 2024.
Where does Craig E Kaforey Family Foundation operate?
Craig E Kaforey Family Foundation has awarded grants in Maryland, North Carolina, Pennsylvania, Tennessee.
What size grants does Craig E Kaforey Family Foundation award?
In 2024, Craig E Kaforey Family Foundation awarded 5 grants totaling $27K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Craig E Kaforey Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Craig E Kaforey Family Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Craig E Kaforey Family Foundation's EIN?
Craig E Kaforey Family Foundation's EIN (Employer Identification Number) is 92-1337916. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.