Josephine and Louise Crane Foundation
The Josephine and Louise Crane Foundation is a private family foundation established in 2008 through the merger of two predecessor foundations: the Josephine B. Crane Foundation (established in 1956) and the Louise Crane Foundation. Based in Falmouth, Massachusetts, the foundation continues a multi-generational philanthropic legacy rooted in the Crane family's deep historical connections to the Berkshires region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$57.5M
+20.1% YoY
Annual Giving
$4.7M
+0.6% YoY
Grant Count
120
-1.6% YoY
Avg Grant Size
$39K
+2.3% YoY
Mission & Focus Areas
The foundation's mission centers on supporting nonprofit organizations in the following areas:
- Arts and cultural institutions
- Health organizations
- Human services
- United Ways and federated giving programs
- Education
The foundation maintains a particular emphasis on serving the Berkshire County region of Massachusetts, though it supports organizations throughout the state and beyond.
Grantmaking
The foundation does not maintain a public application process or published website for grant applications.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's primary geographic focus is Massachusetts, with particular emphasis on Berkshire County. The foundation also supports organizations in New York and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $57,535,734
- Total Revenues: $14,800,690
- Total Expenses: $5,177,733
- Investment Income and Dividends: $1,941,769
- Net Gain from Sale of Non-Inventory Assets: $12,371,723
As of 2023:
- Investment Income and Dividends: $1,919,982
The foundation maintains a substantial investment portfolio and generates significant revenue through investment returns.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $57,535,734 | $47,912,777 | $48,048,734 |
| Revenue | $14,800,690 | $5,401,799 | $3,285,463 |
| Expenses | $5,177,733 | $5,537,756 | $5,830,772 |
| Qualifying Distributions | $4,724,104 | $4,693,300 | $5,110,000 |
| Net Investment Income | $15,178,121 | $5,251,799 | $3,591,571 |
| Distributable Amount | $4,605,122 | $4,423,467 | $4,563,955 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Josephine Greene — Director, President
- Cameron K. Mackey — Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPHINE GREENE | DIRECTOR, PRESIDENT | 1 | — |
| CAMERON K MACKEY | TREASURER/CLERK | 1 | — |
| WINNIE GREENE | DIRECTOR | 1 | — |
| AMY L GREENE | DIRECTOR | 1 | — |
| WILLIAM T MACKEY | DIRECTOR, VP | 1 | — |
| BRITA A MACKEY | DIRECTOR | 1 | — |
Recent Recognition
Recent developments and announcements
In 2024, the foundation received the Investing in Tomorrow Award from Berkshire County Head Start in recognition of its significant contributions to improving outcomes for children and families in the region.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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