Raymond B Craig Scholarship Fund

Private foundation · Grantmaker Wheeling, WV EIN: 55-0752656

Raymond B Craig Scholarship Fund is a private foundation, based in Wheeling, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $220K in total assets. In 2024, it awarded 4 grants totaling $9K. Net investment income was $9K.

Raymond B Craig Scholarship Fund at a glance

In short: Raymond B Craig Scholarship Fund gave $9K across 4 grants in 2024 (avg $2K), mostly in West Virginia. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$9,000
-5.3% vs 2023
Grants made (2024)
4
+0.0% vs 2023
Average grant
$2,250
-5.3% vs 2023
Median grant
$2,250
Total assets
$219,930
+7.5% vs 2023
Primary geography
West Virginia (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 Raymond B Craig Scholarship Fund funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Chloe Kenamond: $2KChloe Kenamond$2KLance Coleman: $2KLance Coleman$2KLuke Doyle: $2KLuke Doyle$2KClay Snyder: $2KClay Snyder$2K

The largest 2024 recipient was Chloe Kenamond ($2K). Together the top 4 received $9K.

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 19 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

Cities

WheelingWeirton

How Raymond B Craig Scholarship Fund gives

  • Giving grew 29% from 2021 to 2024. Method
  • In 2024 it paid out 93% 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

$0$5K$10K$15K$20K4 grants2020 4 grants2021 3 grants2022 4 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $6K (2022) to $15K (2020). In 2024 it made 4 grants totaling $9K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chloe Kenamond Wheeling, WVEducational$2,250
Lance Coleman Wheeling, WVEducational$2,250
Luke Doyle Wheeling, WVEducational$2,250
Clay Snyder Wheeling, WVEducational$2,250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$219,930$8,759$9,660$9,0004$9,550$8,649$10,260
2023$204,616$6,209$10,135$9,5004$10,050$6,124$9,375
2022$210,404$5,316$6,775$6,1333$6,673$5,214$10,554
2021$228,216$-4,203$7,896$7,0004$7,500$5,524$10,465
2020$202,476$15,810$15,700$15,2004—$15,810$8,815

Under IRS private-foundation payout rules, Raymond B Craig Scholarship Fund reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Raymond B Craig Scholarship Fund is led by Robert P. Fitzsimmons, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Robert P. Fitzsimmons

    Trustee

    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 Raymond B Craig Scholarship Fund

How much does Raymond B Craig Scholarship Fund give each year?

Raymond B Craig Scholarship Fund gave $9K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10K across 4 grants.

What is Raymond B Craig Scholarship Fund's typical grant size?

Raymond B Craig Scholarship Fund's median grant in 2024 was $2,250, and its average grant was $2,250, across 4 grants on its 2024 IRS Form 990-PF.

Where does Raymond B Craig Scholarship Fund give grants?

Raymond B Craig Scholarship Fund gives mostly in West Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wheeling, WV (4 grants).

Does Raymond B Craig Scholarship Fund give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Raymond B Craig Scholarship Fund's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (4 grants).

How large is Raymond B Craig Scholarship Fund?

Raymond B Craig Scholarship Fund reported $220K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $10K (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 Raymond B Craig Scholarship Fund's EIN?

Raymond B Craig Scholarship Fund's EIN (Employer Identification Number) is 55-0752656. 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

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Raymond B Craig Scholarship Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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