Frank H Kraft Scholarship Trust is a private foundation focused on Education, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $972K in total assets. In 2024, it awarded 1 grants totaling $80K. Net investment income was $89K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$972K
+0.4% YoY
Annual Giving
$80K
-2.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$80K
-2.9% YoY
Under IRS private-foundation payout rules, Frank H Kraft Scholarship Trust reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank H Kraft Scholarship Trust
Based on IRS filings
Frank H Kraft Scholarship Trust is a private foundation focused on Education, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $972K in total assets. In 2024, it awarded 1 grants totaling $80K. Net investment income was $89K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $972,271 | $968,627 | $1,033,217 |
| Revenue | $95,129 | $27,038 | $157,134 |
| Expenses | $91,485 | $91,628 | $94,595 |
| Qualifying Distributions | $84,787 | $86,589 | $87,074 |
| Net Investment Income | $88,946 | $22,139 | $152,531 |
| Distributable Amount | $55,164 | $51,710 | $53,559 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Linsly School ($79,510).
| Recipient | Purpose | Amount |
|---|---|---|
| THE LINSLY SCHOOL WHEELING, WV | THE LINSLY SCHOOL STUDENT | $79,510 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frank H Kraft Scholarship Trust?
Frank H Kraft Scholarship Trust is a private foundation focused on Education, based in WHEELING, WV. It holds $972K in total assets as of 2024.
How large is Frank H Kraft Scholarship Trust?
As of 2024, Frank H Kraft Scholarship Trust holds $972K in total assets with $95K in annual revenue. It awarded 1 grants totaling $80K in 2024.
Where does Frank H Kraft Scholarship Trust operate?
Frank H Kraft Scholarship Trust has awarded grants in West Virginia.
What size grants does Frank H Kraft Scholarship Trust award?
In 2024, Frank H Kraft Scholarship Trust awarded 1 grants totaling $80K — an average of about $80K per grant, based on its IRS Form 990 filings.
How much is Frank H Kraft Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank H Kraft Scholarship Trust reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank H Kraft Scholarship Trust's EIN?
Frank H Kraft Scholarship Trust's EIN (Employer Identification Number) is 55-6014337. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.