L and M Kraus Memorial Fund

Private foundation · Grantmaker Dallas, TX EIN: 04-6020138
PhilanthropyFoundations

L and M Kraus Memorial Fund is a private foundation focused on Philanthropy, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $205K in total assets. In 2025, it awarded 3 grants totaling $11K. Net investment income was $19K.

Key facts about L and M Kraus Memorial Fund

In short: L and M Kraus Memorial Fund gave $11K across 3 grants in 2025 (avg $4K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-6020138
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$10,551
Grants made (2025)
3
Average grant
$3,517
Median grant
$3,517
Total assets
$205,317
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$205K

+3.0% YoY

Annual Giving

$11K

+15.9% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$4K

+15.9% YoY

Under IRS private-foundation payout rules, L and M Kraus Memorial Fund reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.

How L and M Kraus Memorial Fund gives

  • Giving held roughly steady from 2022 to 2025 (−2%). Method
  • In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). 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

1state

Share of all 3 itemized 2025 grant dollars.

Cities

BostonDorchesterSomerville

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K3 grants20193 grants20203 grants20213 grants20223 grants20233 grants20243 grants2025

From 2019 to 2025, annual grant giving ranged from $7K (2023) to $11K (2022). In 2025 it made 3 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Catholic Charitable Bureau: $4KCatholic Charitable Bureau$4KLittle Sisters of the Poor: $4KLittle Sisters of the Poor$4KSt Brendan's Church: $4KSt Brendan's Church$4K

The largest 2025 recipient was Catholic Charitable Bureau ($4K). Together the top 3 received $11K.

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Catholic Charitable Bureau Boston, MAUnrestricted General$3,517
Little Sisters of the Poor Somerville, MAUnrestricted General$3,517
St Brendan's Church Dorchester, MAUnrestricted General$3,517

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019202020212022202320242025
Metric202520242023
Total Assets$205,317$199,384$192,152
Revenue$21,863$20,956$6,418
Expenses$15,987$14,044$11,503
Qualifying Distributions$12,465$10,948$8,735
Net Investment Income$18,706$17,726$3,017
Distributable Amount$11,959$11,846$10,319

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 9, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 31, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 6, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 27, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

L and M Kraus Memorial Fund's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $4K (2021) → $3K (2025)

Former officers (1)
  • Former: Bank Of America N A (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $3KBank of AmericaTrustee$3K

The highest reported compensation on the 2025 filing was $3K, to Bank of America (Trustee).

Frequently asked questions about L and M Kraus Memorial Fund

How much does L and M Kraus Memorial Fund give each year?

L and M Kraus Memorial Fund gave $11K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $9K across 3 grants.

What is L and M Kraus Memorial Fund's typical grant size?

L and M Kraus Memorial Fund's median grant in 2025 was $3,517, and its average grant was $3,517, across 3 grants on its 2025 IRS Form 990-PF.

Where does L and M Kraus Memorial Fund give grants?

L and M Kraus Memorial Fund gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does L and M Kraus Memorial Fund give general operating support?

Yes: 100% of L and M Kraus Memorial Fund's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is L and M Kraus Memorial Fund?

L and M Kraus Memorial Fund reported $205K in total assets on its 2025 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).

What is L and M Kraus Memorial Fund?

L and M Kraus Memorial Fund is a private foundation focused on Philanthropy, based in Dallas, TX. It holds $205K in total assets as of 2025.

What is L and M Kraus Memorial Fund's EIN?

L and M Kraus Memorial Fund's EIN (Employer Identification Number) is 04-6020138. IRS Form 990 filing data is available on this page for 2019–2025.

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

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