Craig R Kennedy Trust

Foundation · Grantmaker Milwaukee, WI EIN: 42-6387046

Craig R Kennedy Trust is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $817K in total assets. In 2025, it awarded 1 grant totaling $43K. Net investment income was $61K.

Key facts about Craig R Kennedy Trust

In short: Craig R Kennedy Trust gave $43K across 1 grant in 2025 (avg $43K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
42-6387046
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$43,420
Grants made (2025)
1
Average grant
$43,420
Median grant
$43,420
Total assets
$817,376
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$817K

+1.8% YoY

Annual Giving

$43K

+6.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$43K

+6.0% YoY

Under IRS private-foundation payout rules, Craig R Kennedy Trust reported a distributable amount of $49K for 2025 — the minimum it must pay out in qualifying distributions.

How Craig R Kennedy Trust gives

  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 95% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 1 itemized 2025 grant dollars.

Cities

AlexandriaHoffman EstatesDes Plaines

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grants20191 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

The Salvation Army: $43KThe Salvation Army$43K

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
THE SALVATION ARMY Alexandria, VAGENERAL OPERATING$43,420

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2019202020212022202320242025
Metric202520242023
Total Assets$817,376$802,610$819,168
Revenue$76,138$41,757$52,031
Expenses$61,367$58,316$61,164
Qualifying Distributions$46,516$43,953$48,230
Net Investment Income$61,387$27,744$38,999
Distributable Amount$48,995$46,413$43,881

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS January 28, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 2, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 9, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 9, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 27, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Craig R Kennedy Trust's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • U S Bank N A

    Corp. Trustee

    On filings since 2024

    2 hrs/week

    $15K (2024) → $0 (2025)

  • US Bank N A

    Trustee

    New on the 2025 filing

    1 hr/week

    $16K (2025)

Former officers (1)
  • Former: U S Bank NA (2019–2023) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

US Bank N a — Trustee: $16KUS Bank N aTrustee$16K

Frequently asked questions about Craig R Kennedy Trust

How much does Craig R Kennedy Trust give each year?

Craig R Kennedy Trust gave $43K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 1 grant.

How large is Craig R Kennedy Trust?

Craig R Kennedy Trust reported $817K in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $49K (roughly 5% of its investment assets).

Where does Craig R Kennedy Trust operate?

Craig R Kennedy Trust has awarded grants in Illinois, Virginia.

What is Craig R Kennedy Trust's EIN?

Craig R Kennedy Trust's EIN (Employer Identification Number) is 42-6387046. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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