Leon & Ollie Craig Foundation
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.
Leon & Ollie Craig Foundation at a glance
In short: Leon & Ollie Craig Foundation gave $100K across 6 grants in 2024 (avg $17K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $100,000
- -5.7% vs 2023
- Grants made (2024)
- 6
- -14.3% vs 2023
- Average grant
- $16,667
- +10.1% vs 2023
- Median grant
- $15,000
- Total assets
- $2,159,518
- +2.7% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Leon & Ollie Craig Foundation funds
How this funder distributes its grants
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 34 grants of 35 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How Leon & Ollie Craig Foundation gives
- Giving grew 43% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $70K (2020) to $106K (2023). In 2024 it made 6 grants totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 6 individual scholarships Recipients not named | — | $100,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,159,518 | $127,107 | $125,662 | $100,000 | 6 | $100,000 | $101,445 | $103,251 |
| 2023 | $2,101,848 | $80,710 | $133,751 | $106,000 | 7 | $106,000 | $52,959 | $101,942 |
| 2022 | $2,078,220 | $57,772 | $137,532 | $98,000 | 7 | $98,000 | $18,240 | — |
| 2021 | $2,275,984 | $189,357 | $100,356 | $70,000 | 7 | $70,000 | $159,001 | $100,514 |
| 2020 | $2,102,607 | $164,191 | $101,713 | $70,000 | 8 | — | $133,273 | $99,743 |
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.
Leadership & Key People
Officers and directors from IRS filings
Leon & Ollie Craig Foundation is led by Ronald Orlopp, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ronald Orlopp
President
On filings since 2020
No compensation reported
Gary Burns
Secretary
On filings since 2020
No compensation reported
Traci Clevenger
Vice President
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 Leon & Ollie Craig Foundation
How much does Leon & Ollie Craig Foundation give each year?
Leon & Ollie Craig Foundation gave $100K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $106K across 7 grants.
What is Leon & Ollie Craig Foundation's typical grant size?
Leon & Ollie Craig Foundation's median grant in 2024 was $15,000, and its average grant was $16,667, across 6 grants on its 2024 IRS Form 990-PF.
Where does Leon & Ollie Craig Foundation give grants?
Leon & Ollie Craig Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Leon & Ollie Craig Foundation give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Leon & Ollie Craig Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship Awarded to Further College Education" (6 grants).
How large is Leon & Ollie Craig Foundation?
Leon & Ollie Craig Foundation reported $2.2M in total assets on its 2024 IRS Form 990-PF. It paid out $100K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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