Kenneth Kratz Family Charitable
Kenneth Kratz Family Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CREEDMOOR, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $706K in total assets. In 2024, it awarded 4 grants totaling $33K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$706K
+0.9% YoY
Annual Giving
$33K
+4.8% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$8K
+4.8% YoY
Under IRS private-foundation payout rules, Kenneth Kratz Family Charitable reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About Kenneth Kratz Family Charitable
Based on IRS filings
Kenneth Kratz Family Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CREEDMOOR, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $706K in total assets. In 2024, it awarded 4 grants totaling $33K. Net investment income was $41K.
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 | $706,449 | $699,845 | $692,244 |
| Revenue | $40,908 | $41,627 | $40,869 |
| Expenses | $46,305 | $35,465 | $79,708 |
| Qualifying Distributions | $32,500 | $31,000 | $63,100 |
| Net Investment Income | $40,908 | $41,627 | $40,869 |
| Distributable Amount | $31,944 | $31,572 | $33,060 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trinity Academy ($13,500), Hargrave Military Academy ($10,000), Southbridge Fellowship ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HARGRAVE MILITARY ACADEMY CHATHAM, VA | DRILL TEAM | $10,000 |
| SOUTHBRIDGE FELLOWSHIP RALEIGH, NC | GENERAL FUND | $5,000 |
| YMCA OF THE TRIANGLE AREA INC RALEIGH, NC | WE BUILD PEOPLE CAMPAIGN | $4,000 |
| TRINITY ACADEMY RALEIGH, NC | ANNUAL FUND | $13,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREW K KRATZ | TRUSTEE | 2 | $12,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kenneth Kratz Family Charitable?
Kenneth Kratz Family Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CREEDMOOR, NC. It holds $706K in total assets as of 2024.
How large is Kenneth Kratz Family Charitable?
As of 2024, Kenneth Kratz Family Charitable holds $706K in total assets with $41K in annual revenue. It awarded 4 grants totaling $33K in 2024.
Where does Kenneth Kratz Family Charitable operate?
Kenneth Kratz Family Charitable has awarded grants in North Carolina, Texas, Virginia.
What size grants does Kenneth Kratz Family Charitable award?
In 2024, Kenneth Kratz Family Charitable awarded 4 grants totaling $33K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Kenneth Kratz Family Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kenneth Kratz Family Charitable reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kenneth Kratz Family Charitable's EIN?
Kenneth Kratz Family Charitable's EIN (Employer Identification Number) is 25-6667064. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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