Crane Family Foundation

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.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$2.9M

Grant Count

10

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ArlingtonBostonCharlotteHoffman EstatesIssaquahJenkintownMabletonWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$924K$2M$3M$4M20212022
Metric20222021
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

Giving Over Time

Total grant dollars and number of grants per year

$0$717K$1M$2M$3M0 grants202110 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

NATIONAL PHILANTHROPIC T…$2.8MTEMPLE BETH EL$10KJEWISH FEDERATION OF CHA…$5KACTORS THEATRE CHARLOTTE$3KGIGI'S PLAYHOUSE$1KCOUGAR MOUNTAIN ZOO$500STUDENTS WITHOUT MOTHERS$500HBS FUND$250THE NATURE CONSERVANCY$115ENVIRONMENTAL DEFENSE FUND$100

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

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

RecipientPurposeAmount
COUGAR MOUNTAIN ZOO ISSAQUAH, WAGENERAL PURPOSE DONATION$500
TEMPLE BETH EL CHARLOTTE, NCGENERAL PURPOSE DONATION$10,000
GIGI'S PLAYHOUSE HOFFMAN ESTATES, ILSUPPORT FOR DOWNS SYDROME CHILDREN$1,000
STUDENTS WITHOUT MOTHERS MABLETON, GASUPPORT FOR HIGH SCHOOL STUDENTS WITHOUT MOTHERS$500
THE NATURE CONSERVANCY ARLINGTON, VAGENERAL PURPOSE DONATION$115
ENVIRONMENTAL DEFENSE FUND WASHINGTON, DCGENERAL PURPOSE DONATION$100
JEWISH FEDERATION OF CHARLOTTE CHARLOTTE, NCGENERAL PURPOSE DONATION$5,000
HBS FUND BOSTON, MAGENERAL PURPOSE DONATION$250
ACTORS THEATRE CHARLOTTE CHARLOTTE, NCGENERAL PURPOSE DONATION$3,000
NATIONAL PHILANTHROPIC TRUST DONOR ADVISED FUND JENKINTOWN, PADISSOLUTION DONATION$2,849,186

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
DAVID CRANEPRESIDENT20
CYNTHIA CRANEVICE PRESIDENT5

Subject Areas

Focus areas based on grantmaking activity

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.

What is Crane Family Foundation's EIN?

Crane Family Foundation's EIN (Employer Identification Number) is 87-3264769. IRS Form 990 filing data is available on this page for 2021–2022.

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

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