Leon & Ollie Craig Foundation

VISALIA, CA EIN: 77-0475709

Leon & Ollie Craig Foundation is a private foundation focused on Education, based in VISALIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 6 grants totaling $100K. Net investment income was $101K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+2.7% YoY

Annual Giving

$100K

-5.7% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$17K

+10.1% YoY

Under IRS private-foundation payout rules, Leon & Ollie Craig Foundation reported a distributable amount of $103K for 2024 — the minimum it must pay out in qualifying distributions.

About Leon & Ollie Craig Foundation

Based on IRS filings

Leon & Ollie Craig Foundation is a private foundation focused on Education, based in VISALIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 6 grants totaling $100K. Net investment income was $101K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ExeterFarmersvilleTulareVisaliaWoodlake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$52K$104K$156K$208K20202021202220232024
Metric202420232022
Total Assets$2,159,518$2,101,848$2,078,220
Revenue$127,107$80,710$57,772
Expenses$125,662$133,751$137,532
Qualifying Distributions$100,000$106,000$98,000
Net Investment Income$101,445$52,959$18,240
Distributable Amount$103,251$101,942

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$53K$80K$106K8 grants20207 grants20217 grants20227 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

TULARE JOINT UNION HIGH …$30KEXETER UNION HIGH SCHOOL…$20KMT WHITNEY HIGH SCHOOL S…$15KWOODLAKE UNION HIGH SCHO…$15KGOLDEN WEST HIGH SCHOOL …$10KEL DIAMANTE HIGH SCHOOL …$10K

Grant Size Distribution

35 grants across all recorded years

34<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Tulare Joint Union High School ($30,000), Exeter Union High School Prog ($20,000), Mt Whitney High School Scholarship ($15,000).

RecipientPurposeAmount
GOLDEN WEST HIGH SCHOOL SCHOLARSHIP VISALIA, CASCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION$10,000
EL DIAMANTE HIGH SCHOOL SCHOLARSHIP VISALIA, CASCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION$10,000
MT WHITNEY HIGH SCHOOL SCHOLARSHIP VISALIA, CASCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION$15,000
WOODLAKE UNION HIGH SCHOOL SCHOLARS WOODLAKE, CASCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION$15,000
EXETER UNION HIGH SCHOOL PROG EXETER, CASCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION$20,000
TULARE JOINT UNION HIGH SCHOOL TULARE, CASCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RONALD ORLOPPPresident
GARY BURNSSecretary
TRACI CLEVENGERVice President

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Leon & Ollie Craig Foundation?

Leon & Ollie Craig Foundation is a private foundation focused on Education, based in VISALIA, CA. It holds $2.2M in total assets as of 2024.

How large is Leon & Ollie Craig Foundation?

As of 2024, Leon & Ollie Craig Foundation holds $2.2M in total assets with $127K in annual revenue. It awarded 6 grants totaling $100K in 2024.

Where does Leon & Ollie Craig Foundation operate?

Leon & Ollie Craig Foundation has awarded grants in California.

What size grants does Leon & Ollie Craig Foundation award?

In 2024, Leon & Ollie Craig Foundation awarded 6 grants totaling $100K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Leon & Ollie Craig Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leon & Ollie Craig Foundation reported a distributable amount of $103K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Leon & Ollie Craig Foundation's EIN?

Leon & Ollie Craig Foundation's EIN (Employer Identification Number) is 77-0475709. 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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