Cralle Foundation Inc
Cralle Foundation Inc is a private foundation incorporated in 1990 in Kentucky and based in Simpsonville, KY. It operates as a successor foundation to the original Cralle Foundation and maintains a low public profile while actively supporting nonprofit organizations across Kentucky and neighboring states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
+4.5% YoY
Annual Giving
$665K
+16.8% YoY
Grant Count
99
+16.5% YoY
Avg Grant Size
$7K
+0.3% YoY
Mission & Focus Areas
The foundation's mission is giving primarily for education and human services. Its grantmaking demonstrates a strong emphasis on:
- Human Services: The largest giving area, with particular focus on vulnerable children and families in the Louisville area
- Children's Services: Support for organizations serving at-risk children, including Gateway Children's Services, the Orphan Care Alliance of Louisville, and St. Joseph's Catholic Orphans Society
- Homelessness and Housing: Grants to organizations assisting homeless populations, including the Lexington Rescue Mission, Lighthouse Ministries, and Harbor House of Louisville
- K-12 Education: Support for private and parochial schools, with occasional grants to out-of-school learning opportunities
- Animal Welfare: Secondary funding area
- Arts: Secondary funding area
- Local Environment: Secondary funding area
- Addiction Recovery: An area of interest for organizations in Kentucky
Grantmaking
The foundation is open to receiving grant applications from previously unaffiliated nonprofits in Kentucky. Prospective applicants are encouraged to email the foundation to begin the application process.
Grant Range
s and Patterns:**
Average Grant
amounts vary by year
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Kentucky, with particular emphasis on the Louisville and Lexington areas. It also makes grants in Pennsylvania and Ohio.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Giving (as of 2023):
- Total assets: $8,997,980 to $9,403,564
- Total annual giving: $665,302
- Total revenues: $873,546
- Total expenses: $817,351
- Total liabilities: $0
Revenue Composition (2023):
- Total grants and contributions: $325,000
- Investment income and dividends: $274,443
Staffing: The foundation operates with 1 employee.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,403,564 | $8,997,980 | $8,941,934 |
| Revenue | $1,324,344 | $873,546 | $738,834 |
| Expenses | $918,760 | $817,351 | $1,022,991 |
| Qualifying Distributions | $819,127 | $716,724 | $924,680 |
| Net Investment Income | $825,974 | $454,981 | $402,641 |
| Distributable Amount | $626,945 | $542,801 | $553,882 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Michael Peery serves as Executive Director, with compensation of $115,000 as of 2024.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY BETH BYRON | TRUSTEE | — | — |
| SUSAN DAY | SECRETARY | — | — |
| CAROLYN DAY | TREASURER | — | — |
| MICHAEL F PEERY | EXEC. DIR | 40 | — |
Recent News & Activity
Recent developments and announcements
The foundation awarded $8,000 to Family & Children's Place, demonstrating continued active grantmaking in support of its mission areas.
Cralle Foundation awards $8,000 to Family & Children\u2019s Place - Family\Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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