Harold & Gladys Kraft Scholarship Tr is a private foundation focused on N/A, based in SPRINGFIELD, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235K in total assets. In 2024, it awarded 7 grants totaling $19K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$235K
-1.2% YoY
Annual Giving
$19K
-21.4% YoY
Grant Count
7
-36.4% YoY
Avg Grant Size
$3K
+23.5% YoY
Under IRS private-foundation payout rules, Harold & Gladys Kraft Scholarship Tr reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About Harold & Gladys Kraft Scholarship Tr
Based on IRS filings
Harold & Gladys Kraft Scholarship Tr is a private foundation focused on N/A, based in SPRINGFIELD, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235K in total assets. In 2024, it awarded 7 grants totaling $19K. Net investment income was $19K.
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 | $234,848 | $237,795 | $249,315 |
| Revenue | $20,716 | $17,332 | $8,487 |
| Expenses | $23,693 | $28,713 | $22,309 |
| Qualifying Distributions | $21,273 | $26,479 | $20,102 |
| Net Investment Income | $18,617 | $15,297 | $7,531 |
| Distributable Amount | $14,841 | $14,332 | $14,801 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madison Hancock ($5,500), Michelle Burke ($4,500), Katie Bernicky ($3,750).
| Recipient | Purpose | Amount |
|---|---|---|
| PAULINE FOUTS SPRINGFIELD, MO | SCHOLARSHIP | $1,000 |
| SAMANTHA MOSER SPRINGFIELD, MO | SCHOLARSHIP | $1,500 |
| NATHAN RUSSELL SPRINGFIELD, MO | SCHOLARSHIP | $1,000 |
| BROOKE NARANCICH SCHOLARSHIP SPRINGFIELD, MO | SCHOLARSHIP | $2,000 |
| KATIE BERNICKY SPRINGFIELD, MO | SCHOLARSHIP | $3,750 |
| MICHELLE BURKE SPRINGFIELD, MO | SCHOLARSHIP | $4,500 |
| MADISON HANCOCK SPRINGFIELD, MO | SCHOLARSHIP | $5,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SIMMONS BANK | TRUSTEE | 2 | $3,046 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Harold & Gladys Kraft Scholarship Tr?
Harold & Gladys Kraft Scholarship Tr is a private foundation focused on N/A, based in SPRINGFIELD, MO. It holds $235K in total assets as of 2024.
How large is Harold & Gladys Kraft Scholarship Tr?
As of 2024, Harold & Gladys Kraft Scholarship Tr holds $235K in total assets with $21K in annual revenue. It awarded 7 grants totaling $19K in 2024.
Where does Harold & Gladys Kraft Scholarship Tr operate?
Harold & Gladys Kraft Scholarship Tr has awarded grants in Missouri.
What size grants does Harold & Gladys Kraft Scholarship Tr award?
In 2024, Harold & Gladys Kraft Scholarship Tr awarded 7 grants totaling $19K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Harold & Gladys Kraft Scholarship Tr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Harold & Gladys Kraft Scholarship Tr reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Harold & Gladys Kraft Scholarship Tr's EIN?
Harold & Gladys Kraft Scholarship Tr's EIN (Employer Identification Number) is 56-6673996. 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.
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