Raymond B Craig Scholarship Fund
Raymond B Craig Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$220K
+7.5% YoY
Annual Giving
$9K
-5.3% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$2K
-5.3% YoY
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.
About Raymond B Craig Scholarship Fund
Based on IRS filings
Raymond B Craig Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | $219,930 | $204,616 | $210,404 |
| Revenue | $8,759 | $6,209 | $5,316 |
| Expenses | $9,660 | $10,135 | $6,775 |
| Qualifying Distributions | $9,550 | $10,050 | $6,673 |
| Net Investment Income | $8,649 | $6,124 | $5,214 |
| Distributable Amount | $10,260 | $9,375 | $10,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Chloe Kenamond ($2,250), Lance Coleman ($2,250), Luke Doyle ($2,250).
| Recipient | Purpose | Amount |
|---|---|---|
| CHLOE KENAMOND WHEELING, WV | EDUCATIONAL | $2,250 |
| LANCE COLEMAN WHEELING, WV | EDUCATIONAL | $2,250 |
| LUKE DOYLE WHEELING, WV | EDUCATIONAL | $2,250 |
| CLAY SNYDER WHEELING, WV | EDUCATIONAL | $2,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT P FITZSIMMONS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raymond B Craig Scholarship Fund?
Raymond B Craig Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHEELING, WV. It holds $220K in total assets as of 2024.
How large is Raymond B Craig Scholarship Fund?
As of 2024, Raymond B Craig Scholarship Fund holds $220K in total assets with $9K in annual revenue. It awarded 4 grants totaling $9K in 2024.
Where does Raymond B Craig Scholarship Fund operate?
Raymond B Craig Scholarship Fund has awarded grants in West Virginia.
What size grants does Raymond B Craig Scholarship Fund award?
In 2024, Raymond B Craig Scholarship Fund awarded 4 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Raymond B Craig Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raymond B Craig Scholarship Fund reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.