Ruth Nelson Kraft Awards Foundation

BOCA RATON, FL EIN: 56-2287305

Ruth Nelson Kraft Awards Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $375K in total assets. In 2024, it awarded 3 grants totaling $21K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$375K

-6.3% YoY

Annual Giving

$21K

+4.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

+4.5% YoY

Under IRS private-foundation payout rules, Ruth Nelson Kraft Awards Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Ruth Nelson Kraft Awards Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $89K (100%)

States

Florida

Cities

Boca RatonMiamiW Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$375,070	$400,214	$434,270
Revenue	$13,635	$3,207	$79,817
Expenses	$38,819	$37,263	$41,983
Qualifying Distributions	$20,700	$19,800	$22,500
Net Investment Income	$13,635	$11,494	$61,184
Distributable Amount	$20,142	$18,061	$20,725

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Harid Conservatory of Music Inc ($6,900), Lynn University ($6,900), Miami Dade College Foundation Inc ($6,900).

Recipient	Purpose	Amount
HARID CONSERVATORY OF MUSIC INC BOCA RATON, FL	DANCE SCHOLARSHIPS	$6,900
LYNN UNIVERSITY BOCA RATON, FL	MUSIC SCHOLARSHIPS	$6,900
MIAMI DADE COLLEGE FOUNDATION INC MIAMI, FL	NEW WORLD SCHOOL OF THE ARTS	$6,900

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM SULLIVAN	TRUSTEE	5	$5,600
NANCY CANARY	TRUSTEE	5	$5,600

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ruth Nelson Kraft Awards Foundation?

Ruth Nelson Kraft Awards Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $375K in total assets as of 2024.

How large is Ruth Nelson Kraft Awards Foundation?

As of 2024, Ruth Nelson Kraft Awards Foundation holds $375K in total assets with $14K in annual revenue. It awarded 3 grants totaling $21K in 2024.

Where does Ruth Nelson Kraft Awards Foundation operate?

Ruth Nelson Kraft Awards Foundation has awarded grants in Florida.

What size grants does Ruth Nelson Kraft Awards Foundation award?

In 2024, Ruth Nelson Kraft Awards Foundation awarded 3 grants totaling $21K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Ruth Nelson Kraft Awards Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruth Nelson Kraft Awards Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ruth Nelson Kraft Awards Foundation's EIN?

Ruth Nelson Kraft Awards Foundation's EIN (Employer Identification Number) is 56-2287305. IRS Form 990 filing data is available on this page for 2021–2024.