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.
Key facts about Raymond B Craig Scholarship Fund
- EIN
- 55-0752656
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $9,000
- Grants made (2024)
- 4
- Average grant
- $2,250
- Median grant
- $2,250
- Total assets
- $219,930
- Primary geography
- West Virginia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Raymond B Craig Scholarship Fund funds
By grant dollars, the top recipient states for Raymond B Craig Scholarship Fund's 4 itemized 2024 grants were West Virginia (100%). The most frequent recipient cities were Wheeling, WV (4 grants). None of its 4 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational" (4 grants).
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.
Next steps with Raymond B Craig Scholarship Fund
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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
Share of all 4 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients 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
No officer or director reported compensation in the available filings.
From 2024 IRS 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 September 2026. Sourced from IRS Form 990-PF filings.