Frank H Kraft Scholarship Trust
Frank H Kraft Scholarship Trust is a private foundation focused on Education, based in Wheeling, WV. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $78K. Net investment income was $128K.
Frank H Kraft Scholarship Trust at a glance
In short: Frank H Kraft Scholarship Trust gave $78K across 1 grant in 2025 (avg $78K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $77,697
- -2.3% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $77,697
- -2.3% vs 2024
- Median grant
- $77,697
- Total assets
- $1,014,523
- +4.3% vs 2024
- Primary geography
- West Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Frank H Kraft Scholarship Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The Linsly School ($78K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Frank H Kraft Scholarship Trust gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 147% of its IRS minimum distribution (the 5% rule). 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 2019 to 2025, annual grant giving ranged from $78K (2025) to $83K (2022). In 2025 it made 1 grant totaling $78K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Linsly School Wheeling, WV | The Linsly School Student | $77,697 |
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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 | $1,014,523 | $134,330 | $92,078 | $77,697 | 1 | $83,710 | $128,125 | $56,844 |
| 2024 | $972,271 | $95,129 | $91,485 | $79,510 | 1 | $84,787 | $88,946 | $55,164 |
| 2023 | $968,627 | $27,038 | $91,628 | $81,875 | 1 | $86,589 | $22,139 | $51,710 |
| 2022 | $1,033,217 | $157,134 | $94,595 | $82,765 | 1 | $87,074 | $152,531 | $53,559 |
| 2021 | $969,998 | $153,533 | $89,594 | $79,875 | 1 | $83,629 | $149,639 | $61,609 |
| 2020 | $906,059 | $92,630 | $85,695 | $78,989 | 1 | — | $89,196 | $53,337 |
| 2019 | $899,124 | $44,088 | $87,803 | $79,425 | 1 | — | $40,746 | $54,244 |
Under IRS private-foundation payout rules, Frank H Kraft Scholarship Trust reported a distributable amount of $57K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Frank H Kraft Scholarship Trust's only listed officer is Wesbanco Bank, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Wesbanco Bank
Trustee
On filings since 2019
1 hr/week
$5K (2019) → $11K (2025)
Data from IRS Form 990 filings, 2019–2025. "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 $11K, to Wesbanco Bank (Trustee).
Frequently asked questions about Frank H Kraft Scholarship Trust
How much does Frank H Kraft Scholarship Trust give each year?
Frank H Kraft Scholarship Trust gave $78K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $80K across 1 grant.
How large is Frank H Kraft Scholarship Trust?
Frank H Kraft Scholarship Trust reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $84K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
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 $1.0M in total assets as of 2025.
Where does Frank H Kraft Scholarship Trust operate?
Frank H Kraft Scholarship Trust has awarded grants in West Virginia.
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 21, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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