Craig E Kaforey Family Foundation
Craig E Kaforey Family Foundation is a private foundation, 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.
Craig E Kaforey Family Foundation at a glance
In short: Craig E Kaforey Family Foundation gave $27K across 5 grants in 2024 (avg $5K), top state North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $26,500
- +4.7% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $5,300
- +4.7% vs 2023
- Median grant
- $5,000
- Total assets
- $1,131,272
- +130.4% vs 2023
- Primary geography
- North Carolina (38% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Craig E Kaforey Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was The V Foundation for Cancer Research ($10K). Together the top 5 received $27K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Craig E Kaforey Family Foundation gives
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $25K (2023) to $27K (2024). In 2024 it made 5 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,131,272 | $534,028 | $33,186 | $26,500 | 5 | $26,500 | $20,969 | $30,909 |
| 2023 | $491,018 | $13,539 | $27,698 | $25,300 | 5 | $25,300 | $11,141 | $25,662 |
| 2022 | $503,758 | $503,758 | — | — | — | — | — | $1,224 |
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.
Leadership & Key People
Officers and directors from IRS filings
Craig E Kaforey Family Foundation is led by Craig E. Kaforey, President on every filing since 2022 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Craig E. Kaforey
President
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Craig E Kaforey Family Foundation
How much does Craig E Kaforey Family Foundation give each year?
Craig E Kaforey Family Foundation gave $27K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $25K across 5 grants.
What is Craig E Kaforey Family Foundation's typical grant size?
Craig E Kaforey Family Foundation's median grant in 2024 was $5,000, and its average grant was $5,300, across 5 grants on its 2024 IRS Form 990-PF.
Where does Craig E Kaforey Family Foundation give grants?
Craig E Kaforey Family Foundation's top state is North Carolina, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Pennsylvania (25%) and Tennessee (19%). The most frequent recipient cities were Pittsburgh, PA (2 grants).
Does Craig E Kaforey Family Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Craig E Kaforey Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (4 grants).
Who are Craig E Kaforey Family Foundation's largest grantees?
Craig E Kaforey Family Foundation's largest 2024 grantees include The V Foundation for Cancer Research ($10,000), St Jude Childrens Hospital ($5,000) and University of Maryland College Park Foundation Inc ($5,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is Craig E Kaforey Family Foundation?
Craig E Kaforey Family Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $27K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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