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.
Key facts about Leon & Ollie Craig Foundation
- EIN
- 77-0475709
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $100,000
- Grants made (2024)
- 6
- Average grant
- $16,667
- Median grant
- $15,000
- Total assets
- $2,159,518
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Leon & Ollie Craig Foundation funds
By grant dollars, the top recipient states for Leon & Ollie Craig Foundation's 6 itemized 2024 grants were California (100%). The most frequent recipient cities were Visalia, CA (3 grants). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship Awarded to Further College Education" (6 grants).
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Tulare Joint Union High School ($30,000), Exeter Union High School Prog ($20,000), Mt Whitney High School Scholarship ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TULARE JOINT UNION HIGH SCHOOL TULARE, CA | SCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION | $30,000 |
| EXETER UNION HIGH SCHOOL PROG EXETER, CA | SCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION | $20,000 |
| MT WHITNEY HIGH SCHOOL SCHOLARSHIP VISALIA, CA | SCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION | $15,000 |
| WOODLAKE UNION HIGH SCHOOL SCHOLARS WOODLAKE, CA | SCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION | $15,000 |
| GOLDEN WEST HIGH SCHOOL SCHOLARSHIP VISALIA, CA | SCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION | $10,000 |
| EL DIAMANTE HIGH SCHOOL SCHOLARSHIP VISALIA, CA | SCHOLARSHIP AWARDED TO FURTHER COLLEGE EDUCATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONALD ORLOPP | President | — | — |
| GARY BURNS | Secretary | — | — |
| TRACI CLEVENGER | Vice 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.
Explore Open Grants
Browse active grant opportunities in Leon & Ollie Craig Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.