Krasberg Mason Foundation
The Krasberg Mason Foundation is a private foundation based in Raleigh, North Carolina. Its 2025 filing reports contributions to other organizations that qualify as tax-exempt under section 501(c)(3) of the Internal Revenue Code.
Krasberg Mason Foundation at a glance
In short: Krasberg Mason Foundation gave $285K across 14 grants in 2025 (avg $20K), mostly in North Carolina. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $285,000
- +1.8% vs 2024
- Grants made (2025)
- 14
- +0.0% vs 2024
- Average grant
- $20,357
- +1.8% vs 2024
- Median grant
- $20,000
- Total assets
- $3,163,065
- -5.5% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 11, 2025; small sample)
- Primary geography
- North Carolina (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Krasberg Mason Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 12844 River Dance Dr, Raleigh, NC 27613
Phone: (518) 506-0933
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Krasberg Mason Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Catch the Fire ($85K across 3 grants). Together the top 10 received $275K.
Grant Size Distribution
93 grants across all recorded years
The most common grant size was under $50K: 90 grants of 93 (97%).
Geographic Focus
Where this funder awards grants
In 2025, 51% of grant dollars went to recipients in North Carolina, 18% to Illinois, 12% to Connecticut, 5% to Virginia, and 5% to Wisconsin.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
States
Cities
Is Krasberg Mason Foundation open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 11 grantees (0%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving grew 75% from 2022 to 2025. Method
- In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $37K (2020) to $285K (2025). In 2025 it made 14 grants totaling $285K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chicago Botanic Garden Glencoe, IL | General Support | $50,000 |
| Catch the Fire Durham, NC | General Support | $35,000 |
| Catch the Fire Durham, NC | For "Embrace Durham" | $30,000 |
| Focus New Canaan, CT | General Support | $25,000 |
| Duke Lemur Center Durham, NC | General Support | $20,000 |
| Hope Reins Raleigh, NC | General Support | $20,000 |
| North Carolina Symphony Raleigh, NC | General Support | $20,000 |
| Catch the Fire Durham, NC | For "Heart for the House" | $20,000 |
| Anglican Diocese of the Living Word Manassas, VA | General Support | $15,000 |
| Oasis Sanctuaries San Gabriel, CA | General Support | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,163,065 | $164,084 | $347,296 | $285,000 | 14 | $285,000 | $120,847 | $270,225 |
| 2024 | $3,346,277 | $578,721 | $322,320 | $280,000 | 14 | $280,000 | $540,953 | $245,033 |
| 2023 | $3,089,876 | $1,710,419 | $212,233 | $210,000 | 12 | $210,811 | $119,468 | $203,428 |
| 2022 | $1,591,690 | $241,773 | $170,386 | $163,000 | 15 | $163,000 | $42,178 | $148,781 |
| 2021 | $1,519,742 | $45,955 | $161,876 | $160,500 | 38 | $160,500 | $44,579 | $157,676 |
| 2020 | $1,624,444 | $49,320 | $38,369 | $36,500 | 8 | — | $47,451 | $124,669 |
Under IRS private-foundation payout rules, Krasberg Mason Foundation reported a distributable amount of $270K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing describes its charitable activity as contributions to qualifying 501(c)(3) organizations. Its 2025 grants went to organizations including a botanical garden, arts and education institutions, and charitable organizations. One recipient, Hope Reins, describes its mission as pairing children and teens experiencing trauma with rescued horses and mentors to support hope and healing.
Grantmaking
In filing year 2025, the foundation gave $285,000 through 14 grants. Grant amounts ranged from $5,000 to $50,000, with a median grant of $20,000. Notable grants included $50,000 to Chicago Botanic Garden for general support; $35,000 to Catch the Fire for general support and $30,000 for “Embrace Durham”; $25,000 to FOCUS for general support; and $20,000 each to Duke Lemur Center, Hope Reins, and North Carolina Symphony for general support. Catch the Fire also received $20,000 for “Heart for the House.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Bruce E. Mason as president, Shay S. Mason as secretary, and Sarah M. Wolchuk as vice president.
Krasberg Mason Foundation is led by Bruce E. Mason, President since 2021 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bruce E. Mason
President
Director → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Sarah M. Wolchuk
Vice President
Director → Vice President, 2022
On filings since 2020
No compensation reported
Shay S. Mason
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (2)
- Former: David Mason (2020–2021) — Secretary
- Former: Margaret Mason (2020) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Krasberg Mason Foundation
How much does Krasberg Mason Foundation give each year?
Krasberg Mason Foundation gave $285K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $280K across 14 grants.
What is Krasberg Mason Foundation's typical grant size?
Krasberg Mason Foundation's median grant in 2025 was $20,000, and its average grant was $20,357, across 14 grants on its 2025 IRS Form 990-PF.
Where does Krasberg Mason Foundation give grants?
Krasberg Mason Foundation gives mostly in North Carolina: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Illinois (18%) and Connecticut (12%). The most frequent recipient cities were Durham, NC (4 grants), Raleigh, NC (2 grants) and Madison, WI (2 grants).
Does Krasberg Mason Foundation give general operating support?
Yes: 71% of Krasberg Mason Foundation's 2025 grants with a stated purpose (10 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Krasberg Mason Foundation's largest grantees?
Krasberg Mason Foundation's largest 2025 grantees include Catch the Fire ($85,000 across 3 grants), Chicago Botanic Garden ($50,000) and Focus ($25,000), according to its 2025 IRS Form 990-PF. Together they received 56% of its itemized 2025 grant dollars.
How large is Krasberg Mason Foundation?
Krasberg Mason Foundation reported $3.2M in total assets on its 2025 IRS Form 990-PF. It paid out $285K in qualifying distributions that year, against a required minimum of $270K (roughly 5% of its investment assets).
What does Krasberg Mason Foundation fund?
The foundation’s filing describes its charitable activity as contributions to qualifying 501(c)(3) organizations. Its 2025 grants went to organizations including a botanical garden, arts and education institutions, and charitable organizations. See mission & focus areas ↑
How do I apply for a grant from Krasberg Mason Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Krasberg Mason Foundation's EIN?
Krasberg Mason Foundation's EIN (Employer Identification Number) is 36-3807993. IRS Form 990 filing data is available on this page for 2020–2025.
Does Krasberg Mason Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 1, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 18, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 10, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Krasberg Mason Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Krasberg Mason Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/krasberg-mason-foundation-morg_d732669be8a34c5394c64c853b8f6001
BibTeX
@misc{grantable_363807993_2026,
author = {{Grantable}},
title = {{Krasberg Mason Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/krasberg-mason-foundation-morg_d732669be8a34c5394c64c853b8f6001},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Krasberg Mason Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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