Crane Family Foundation

Foundation · Grantmaker Charlotte, NC EIN: 87-3264769

Crane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. IRS filing data is available from 2021 through 2022. In 2022, it awarded 10 grants totaling $2.9M. Net investment income was $16K.

Key facts about Crane Family Foundation

EIN: 87-3264769
Latest 990 filing: Form 990-PF, 2022
Annual giving (2022): $2,869,651
Grants made (2022): 10
Average grant: $286,965
Median grant: $750
Primary geography: Pennsylvania (99% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Crane Family Foundation funds

By grant dollars, the top recipient states for Crane Family Foundation's 10 itemized 2022 grants were Pennsylvania (99%). The most frequent recipient cities were Charlotte, NC (3 grants). 70% of grants with a stated purpose were for general or operating support.

How Crane Family Foundation gives

In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$2.9M

Grant Count

Avg Grant Size

$287K

Under IRS private-foundation payout rules, Crane Family Foundation reported a distributable amount of $110K for 2022 — the minimum it must pay out in qualifying distributions.

About Crane Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $2.8M (99%)

North Carolina $18K (1%)

Illinois $1K (0%)

Washington $500 (0%)

Georgia $500 (0%)

All other $465 (0%)

Share of all 10 itemized 2022 grant dollars.

States

District of Columbia Georgia Illinois Massachusetts North Carolina Pennsylvania Virginia Washington

Cities

CharlotteArlingtonBostonHoffman EstatesIssaquahJenkintownMabletonWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021
Total Assets	—	$2,514,383
Revenue	$453,508	$3,359,293
Expenses	$2,904,070	$6,835
Qualifying Distributions	$2,897,238	—
Net Investment Income	$16,491	$824,156
Distributable Amount	$109,987	$6,224

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2022

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 2022

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest recipients include National Philanthropic Trust Donor Advised Fund ($2,849,186), Temple Beth El ($10,000), Jewish Federation of Charlotte ($5,000).

Recipient	Purpose	Amount
NATIONAL PHILANTHROPIC TRUST DONOR ADVISED FUND Jenkintown, PA	DISSOLUTION DONATION	$2,849,186
TEMPLE BETH EL Charlotte, NC	GENERAL PURPOSE DONATION	$10,000
JEWISH FEDERATION OF CHARLOTTE Charlotte, NC	GENERAL PURPOSE DONATION	$5,000
ACTORS THEATRE CHARLOTTE Charlotte, NC	GENERAL PURPOSE DONATION	$3,000
GIGI'S PLAYHOUSE Hoffman Estates, IL	SUPPORT FOR DOWNS SYDROME CHILDREN	$1,000
COUGAR MOUNTAIN ZOO Issaquah, WA	GENERAL PURPOSE DONATION	$500
STUDENTS WITHOUT MOTHERS Mableton, GA	SUPPORT FOR HIGH SCHOOL STUDENTS WITHOUT MOTHERS	$500
HBS FUND Boston, MA	GENERAL PURPOSE DONATION	$250
THE NATURE CONSERVANCY Arlington, VA	GENERAL PURPOSE DONATION	$115
ENVIRONMENTAL DEFENSE FUND Washington, DC	GENERAL PURPOSE DONATION	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2022 IRS filing

Name	Title	Hours	Compensation
David Crane	President	20	—
Cynthia Crane	Vice President	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Crane Family Foundation?

Crane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. It holds — in total assets as of 2022.

Where does Crane Family Foundation operate?

Crane Family Foundation has awarded grants in District of Columbia, Georgia, Illinois, Massachusetts, North Carolina, Pennsylvania, Virginia, Washington.

What size grants does Crane Family Foundation award?

In 2022, Crane Family Foundation awarded 10 grants totaling $2.9M — an average of about $287K per grant, based on its IRS Form 990 filings.

How much is Crane Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Crane Family Foundation reported a distributable amount of $110K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.