Krause Family Foundation

Private foundation · Grantmaker Jacksonville, FL EIN: 74-2896120

Krause Family Foundation is a private foundation, based in Jacksonville, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $134K in total assets. In 2024, it awarded 8 grants totaling $6K.

Key facts about Krause Family Foundation

In short: Krause Family Foundation gave $6K across 8 grants in 2024 (avg $793.75), top state Texas. Source: 2024 IRS Form 990-PF.

EIN
74-2896120
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,350
Grants made (2024)
8
Average grant
$794
Median grant
$668
Total assets
$134,441
Primary geography
Texas (40% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$134K

+37.2% YoY

Annual Giving

$6K

+11.4% YoY

Grant Count

8

-11.1% YoY

Avg Grant Size

$793.75

+25.3% YoY

Under IRS private-foundation payout rules, Krause Family Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

How Krause Family Foundation gives

  • Giving grew 27% from 2021 to 2024. Method
  • In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 8 itemized 2024 grant dollars.

Cities

JacksonvilleSan AntonioTownshendDallasAustinBarreColorado SpringsFort Myers

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K7 grants20208 grants202110 grants20229 grants20238 grants2024

From 2020 to 2024, annual grant giving ranged from $5K (2021) to $7K (2022). In 2024 it made 8 grants totaling $6K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Downtown Ecumenical Services: $2KDowntown Ecumenical Services$2KRedeemed Women: $1KRedeemed Women$1KTexas 2036: $920Texas 2036$920Grace Cottage Foundation: $700Grace Cottage Foundation$700Sulzbacher Center: $635Sulzbacher Center$635Townshend Community Food Shelf: $570Townshend Community Food Shelf$570Utsa Southwest College: $250Utsa Southwest College$250Hemisfair Conservancy: $100Hemisfair Conservancy$100

The largest 2024 recipient was Downtown Ecumenical Services ($2K). Together the top 8 received $6K.

Grant Size Distribution

42 grants across all recorded years

42<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 42 grants of 42 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Downtown Ecumenical Services Jacksonville, FLCommunity Emergency Assistance$1,905
Redeemed Women Dallas, TXHealing from Women in Crisis$1,270
Texas 2036 Austin, TXGeneral Operating Support$920
Grace Cottage Foundation Townshend, VTMedical$700
Sulzbacher Center Jacksonville, FLGreatest Need$635
Townshend Community Food Shelf Townshend, VTGreatest Need$570
Utsa Southwest College San Antonio, TXFiesta Arts Fair$250
Hemisfair Conservancy San Antonio, TXImproving Public Spaces$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K20202021202220232024
Metric202420232022
Total Assets$134,441$97,969$102,036
Revenue$16,169$327$6,660
Expenses$9,337$6,500$6,600
Qualifying Distributions$6,350$5,700$6,600
Net Investment Income—$1,884$1,735
Distributable Amount$6,513$5,572$5,643

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Krause Family Foundation is led by Charles F. Krause, President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Charles F. Krause

    President & Director

    On filings since 2020

    No compensation reported

  • Jennifer K. Reid

    Officer & Director

    On filings since 2020

    No compensation reported

  • Joan Krause

    Secretary & Director

    On filings since 2020

    No compensation reported

  • Kent C. Krause

    Treasurer & Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Krause Family Foundation

How much does Krause Family Foundation give each year?

Krause Family Foundation gave $6K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6K across 9 grants.

What is Krause Family Foundation's typical grant size?

Krause Family Foundation's median grant in 2024 was $668, and its average grant was $794, across 8 grants on its 2024 IRS Form 990-PF.

Where does Krause Family Foundation give grants?

Krause Family Foundation's top state is Texas, with 40% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (40%) and Vermont (20%). The most frequent recipient cities were Jacksonville, FL (2 grants), Townshend, VT (2 grants) and San Antonio, TX (2 grants).

Does Krause Family Foundation give general operating support?

Yes: 13% of Krause Family Foundation's 2024 grants with a stated purpose (1 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Krause Family Foundation's largest grantees?

Krause Family Foundation's largest 2024 grantees include Downtown Ecumenical Services ($1,905), Redeemed Women ($1,270) and Texas 2036 ($920), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.

How large is Krause Family Foundation?

Krause Family Foundation reported $134K in total assets on its 2024 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

What is Krause Family Foundation's EIN?

Krause Family Foundation's EIN (Employer Identification Number) is 74-2896120. IRS Form 990 filing data is available on this page for 2020–2024.

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

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