Elizabeth Sarah Kraft Memorial

WHEELING, WV EIN: 55-6118512

Elizabeth Sarah Kraft Memorial is a private foundation, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 6 grants totaling $75K. Net investment income was $137K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+3.7% YoY

Annual Giving

$75K

-11.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

-11.6% YoY

Under IRS private-foundation payout rules, Elizabeth Sarah Kraft Memorial reported a distributable amount of $85K for 2024 — the minimum it must pay out in qualifying distributions.

About Elizabeth Sarah Kraft Memorial

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $378K (98%)

Virginia $7K (2%)

States

Virginia West Virginia

Cities

AlexandriaCharlestonMorgantownWellsburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,504,116	$1,450,243	$1,470,649
Revenue	$144,561	$76,067	$109,989
Expenses	$92,137	$96,473	$92,643
Qualifying Distributions	$82,467	$90,629	$83,972
Net Investment Income	$136,758	$70,223	$104,042
Distributable Amount	$85,366	$77,363	$81,802

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

30 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Trustees First Presbyterian ($21,498), Brooke County Public Library ($17,915), Brooke County Easter Seal ($14,332).

Recipient	Purpose	Amount
BROOKE COUNTY SALVATION ARMY ALEXANDRIA, VA	PUBLIC ASSISTANCE - GENERAL	$6,982
CHILDREN'S HOME SOCIETY OF WV CHARLESTON, WV	CHILD SERVICES - GENERAL	$7,166
BROOKE COUNTY PUBLIC LIBRARY WELLSBURG, WV	SUPPORT ACTIVITIES OF THE	$17,915
TRUSTEES FIRST PRESBYTERIAN WELLSBURG, WV	RELIGION - GENERAL USE	$21,498
WV UNIVERSITY FOUNDATION MORGANTOWN, WV	MEDICAL RESEARCH - GENERAL	$7,166
BROOKE COUNTY EASTER SEAL WELLSBURG, WV	MEDICAL RESEARCH / CHILD	$14,332

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Elizabeth Sarah Kraft Memorial?

As of 2024, Elizabeth Sarah Kraft Memorial holds $1.5M in total assets with $145K in annual revenue. It awarded 6 grants totaling $75K in 2024.

Where does Elizabeth Sarah Kraft Memorial operate?

Elizabeth Sarah Kraft Memorial has awarded grants in Virginia, West Virginia.

What size grants does Elizabeth Sarah Kraft Memorial award?

In 2024, Elizabeth Sarah Kraft Memorial awarded 6 grants totaling $75K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Elizabeth Sarah Kraft Memorial required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elizabeth Sarah Kraft Memorial reported a distributable amount of $85K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elizabeth Sarah Kraft Memorial's EIN?

Elizabeth Sarah Kraft Memorial's EIN (Employer Identification Number) is 55-6118512. IRS Form 990 filing data is available on this page for 2020–2024.