L and M Kraus Memorial Fund is a private foundation focused on Philanthropy, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $199K in total assets. In 2024, it awarded 3 grants totaling $9K. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$199K
+3.8% YoY
Annual Giving
$9K
+29.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$3K
+29.5% YoY
Under IRS private-foundation payout rules, L and M Kraus Memorial Fund reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About L and M Kraus Memorial Fund
Based on IRS filings
L and M Kraus Memorial Fund is a private foundation focused on Philanthropy, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $199K in total assets. In 2024, it awarded 3 grants totaling $9K. Net investment income was $18K.
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 | $199,384 | $192,152 | $197,302 |
| Revenue | $20,956 | $6,418 | $-4,746 |
| Expenses | $14,044 | $11,503 | $16,350 |
| Qualifying Distributions | $10,948 | $8,735 | $12,484 |
| Net Investment Income | $17,726 | $3,017 | $1,142 |
| Distributable Amount | $11,846 | $10,319 | $10,651 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catholic Charitable Bureau ($3,035), Little Sisters of the Poor ($3,035), St Brendan's Church ($3,035).
| Recipient | Purpose | Amount |
|---|---|---|
| CATHOLIC CHARITABLE BUREAU BOSTON, MA | UNRESTRICTED GENERAL | $3,035 |
| LITTLE SISTERS OF THE POOR SOMERVILLE, MA | UNRESTRICTED GENERAL | $3,035 |
| ST BRENDAN'S CHURCH DORCHESTER, MA | UNRESTRICTED GENERAL | $3,035 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $3,269 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 $199K in total assets as of 2024.
How large is L and M Kraus Memorial Fund?
As of 2024, L and M Kraus Memorial Fund holds $199K in total assets with $21K in annual revenue. It awarded 3 grants totaling $9K in 2024.
Where does L and M Kraus Memorial Fund operate?
L and M Kraus Memorial Fund has awarded grants in Massachusetts.
What size grants does L and M Kraus Memorial Fund award?
In 2024, L and M Kraus Memorial Fund awarded 3 grants totaling $9K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is L and M Kraus Memorial Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, L and M Kraus Memorial Fund reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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