E G and Irene W Craft Foundation
E G and Irene W Craft Foundation is a private foundation, based in Birmingham, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $581K in total assets. In 2025, it awarded 3 grants totaling $26K. Net investment income was $21K.
E G and Irene W Craft Foundation at a glance
In short: E G and Irene W Craft Foundation gave $26K across 3 grants in 2025 (avg $9K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $26,403
- -3.6% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $8,801
- -3.6% vs 2024
- Median grant
- $6,601
- Total assets
- $581,357
- -1.5% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who E G and Irene W Craft Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Morton Plant Mease Fdn ($13K). Together the top 3 received $26K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How E G and Irene W Craft Foundation gives
- 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $26K (2025) to $65K (2023). In 2025 it made 3 grants totaling $26K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morton Plant Mease Fdn Clearwater, FL | General Operating | $13,201 |
| Flordia Sheriffs Youth Ranches Boys Ranch, FL | General Operating | $6,601 |
| Boy Scouts of America West Central Seminole, FL | General Operating | $6,601 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $581,357 | $28,126 | $37,111 | $26,403 | 3 | $29,208 | $20,752 | $30,619 |
| 2024 | $590,440 | $33,870 | $37,286 | $27,384 | 3 | $30,119 | $26,758 | $29,137 |
| 2023 | $593,611 | $22,863 | $75,458 | $65,141 | 3 | $67,930 | $15,471 | $30,173 |
| 2022 | $646,647 | $35,219 | $12,174 | — | — | $3,067 | $26,803 | $35,721 |
| 2021 | $623,938 | $42,606 | $41,521 | $30,268 | 3 | — | $34,392 | $35,527 |
Under IRS private-foundation payout rules, E G and Irene W Craft Foundation reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
E G and Irene W Craft Foundation's only listed officer is Regions Bank, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Regions Bank
Trustee
On filings since 2021
1 hr/week
$10K (2021) → $9K (2025)
Data from IRS Form 990 filings, 2021–2025. "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
The highest reported compensation on the 2025 filing was $9K, to Regions Bank (Trustee).
Frequently asked questions about E G and Irene W Craft Foundation
How much does E G and Irene W Craft Foundation give each year?
E G and Irene W Craft Foundation gave $26K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $27K across 3 grants.
What is E G and Irene W Craft Foundation's typical grant size?
E G and Irene W Craft Foundation's median grant in 2025 was $6,601, and its average grant was $8,801, across 3 grants on its 2025 IRS Form 990-PF.
Where does E G and Irene W Craft Foundation give grants?
E G and Irene W Craft Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does E G and Irene W Craft Foundation give general operating support?
Yes: 100% of E G and Irene W Craft Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is E G and Irene W Craft Foundation?
E G and Irene W Craft Foundation reported $581K in total assets on its 2025 IRS Form 990-PF. It paid out $29K 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 E G and Irene W Craft Foundation's EIN?
E G and Irene W Craft Foundation's EIN (Employer Identification Number) is 59-6620265. IRS Form 990 filing data is available on this page for 2021–2025.
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 2021–2025
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