James P & Rebecca T Craig Foundation

SANTA BARBARA, CA EIN: 31-1654104

James P & Rebecca T Craig Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 1 grants totaling $250K. Net investment income was $156K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.1M

-4.4% YoY

Annual Giving

$250K

+9900.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$250K

+9900.0% YoY

Under IRS private-foundation payout rules, James P & Rebecca T Craig Foundation reported a distributable amount of $102K for 2025 — the minimum it must pay out in qualifying distributions.

About James P & Rebecca T Craig Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $253K (72%)

New York $100K (28%)

States

California New York

Cities

New YorkSanta Barbara

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,080,887	$2,176,737	$2,020,954
Revenue	$160,172	$68,674	$32,659
Expenses	$254,050	$5,920	$4,785
Qualifying Distributions	$250,000	$2,500	—
Net Investment Income	$156,122	$65,254	$27,808
Distributable Amount	$101,796	$99,281	$97,463

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 2025

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Santa Barbara Neighborhood Clinics ($250,000).

Recipient	Purpose	Amount
SANTA BARBARA NEIGHBORHOOD CLINICS SANTA BARBARA, CA	GENERAL CHARITABLE	$250,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
JAMES P CRAIG	TREASURER	—	—
REBECCA T CRAIG	PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is James P & Rebecca T Craig Foundation?

James P & Rebecca T Craig Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. It holds $2.1M in total assets as of 2025.

How large is James P & Rebecca T Craig Foundation?

As of 2025, James P & Rebecca T Craig Foundation holds $2.1M in total assets with $160K in annual revenue. It awarded 1 grants totaling $250K in 2025.

Where does James P & Rebecca T Craig Foundation operate?

James P & Rebecca T Craig Foundation has awarded grants in California, New York.

What size grants does James P & Rebecca T Craig Foundation award?

In 2025, James P & Rebecca T Craig Foundation awarded 1 grants totaling $250K — an average of about $250K per grant, based on its IRS Form 990 filings.

How much is James P & Rebecca T Craig Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, James P & Rebecca T Craig Foundation reported a distributable amount of $102K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is James P & Rebecca T Craig Foundation's EIN?

James P & Rebecca T Craig Foundation's EIN (Employer Identification Number) is 31-1654104. IRS Form 990 filing data is available on this page for 2021–2025.