Kraabel Charitable Foundation

CARMEL, IN EIN: 37-1452516

Kraabel Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 15 grants totaling $85K. Net investment income was $14.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$85K

-23.3% YoY

Grant Count

15

-21.1% YoY

Avg Grant Size

$6K

-2.8% YoY

Under IRS private-foundation payout rules, Kraabel Charitable Foundation reported a distributable amount of $2K for 2021 — the minimum it must pay out in qualifying distributions.

About Kraabel Charitable Foundation

Based on IRS filings

Kraabel Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 15 grants totaling $85K. Net investment income was $14.

Ready to take the next step with Kraabel Charitable Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

CarmelDecorahIndianapolisKokomoMemphisShaumburgUnionvilleWellesly Hills

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$31K$61K$92K$122K20202021
Metric20212020
Total Assets$44,026
Revenue$42,796$36,354
Expenses$86,822$111,061
Qualifying Distributions
Net Investment Income$14$140
Distributable Amount$1,627$3,919

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$55K$83K$110K19 grants202015 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

KING OF GLORY LUTHERAN C…$39KDAMAR FOUNDATION$30KLUTHER COLLEGE$3KTHE SALVATION ARMY$3KCURE ALZHEIMER'S FUND$2KGLEANERS FOOD BANK$2KRILEY CHILDREN'S FOUNDAT…$1KTHE VILLAGE OF MERICI$1KWHEELER MISSION MINISTRIES$1KBACK TO BASICS PROJECT INC$600

Grant Size Distribution

34 grants across all recorded years

33<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include King of Glory Lutheran Church ($39,076), Damar Foundation ($30,000), Luther College ($3,000).

RecipientPurposeAmount
ASCENSION ST VINCENT FOUNDATION INDIANAPOLIS, INCHARITABLE CONTRIBUTION$500
BACK TO BASICS PROJECT INC UNIONVILLE, INCHARITABLE CONTRIBUTION$600
CURE ALZHEIMER'S FUND WELLESLY HILLS, MACHARITABLE CONTRIBUTION$2,000
DAMAR FOUNDATION INDIANAPOLIS, INCHARITABLE CONTRIBUTION$30,000
GLEANERS FOOD BANK INDIANAPOLIS, INCHARITABLE CONTRIBUTION$1,500
GOOD NEWS MINISTRIES INDIANAPOLIS, INCHARITABLE CONTRIBUTION$500
KING OF GLORY LUTHERAN CHURCH CARMEL, INMINISTRY SUPPORT$39,076
LUTHER COLLEGE DECORAH, IACHARITABLE CONTRIBUTION$3,000
RILEY CHILDREN'S FOUNDATION INDIANAPOLIS, INCHARITABLE CONTRIBUTION$1,000
ST JUDE'S CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TNCHARITABLE CONTRIBUTION$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
STEPHEN E KRAABELPRESIDENT2
SUSAN L KRAABELSECRETARY5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Kraabel Charitable Foundation?

Kraabel Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. It holds — in total assets as of 2021.

Where does Kraabel Charitable Foundation operate?

Kraabel Charitable Foundation has awarded grants in Iowa, Illinois, Indiana, Massachusetts, Tennessee.

What size grants does Kraabel Charitable Foundation award?

In 2021, Kraabel Charitable Foundation awarded 15 grants totaling $85K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Kraabel Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Kraabel Charitable Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kraabel Charitable Foundation's EIN?

Kraabel Charitable Foundation's EIN (Employer Identification Number) is 37-1452516. IRS Form 990 filing data is available on this page for 2020–2021.

Explore Open Grants

Browse active grant opportunities in Kraabel Charitable Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Kraabel Charitable Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Kraabel Charitable Foundation to a real strategy.

Plan your approach