Susan & George Craig Family Foundation Inc

RIDGEFIELD, CT EIN: 06-1533338

Susan & George Craig Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIDGEFIELD, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 20 grants totaling $210K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$305K

+5037.7% YoY

Annual Giving

$210K

+243.5% YoY

Grant Count

20

+185.7% YoY

Avg Grant Size

$10K

+20.2% YoY

Under IRS private-foundation payout rules, Susan & George Craig Family Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About Susan & George Craig Family Foundation Inc

Based on IRS filings

Susan & George Craig Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIDGEFIELD, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 20 grants totaling $210K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AuroraBangorBathBoothbayBoothbay HarborBrunswickChicagoColumbiaEast BoothbayFalmouthFreedomMc LeanNew YorkPhoenixPortlandRocklandSan MateoWindhamYarmouth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$140K$280K$420K$560K2021202220232024
Metric202420232022
Total Assets$305,487$5,946$67,244
Revenue$509,407$2$6,281
Expenses$209,865$61,300$97,020
Qualifying Distributions$209,865$61,300$97,020
Net Investment Income$1,902
Distributable Amount$3,644$1,231$5,450

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$105K$157K$210K17 grants202118 grants20227 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOOTHBAY REGION YMCA$50KBOOTHBAY OPERA HOUSE$35KBOOTHBAY COMMUNITY RESOU…$20KBIGELOW LABORATORY$15KBOOTHBAY REGION HISTORICAL$15KBOOTHBAY SEA SCIENCE CEN…$15KMARINE MAMMALS OF MAINE$10KBOOTHBAY REGION STUDENT …$7KMAINE PRESERVATION SOCIETY$7KBOOTHBAY REGION DISTRICT…$6K

Grant Size Distribution

62 grants across all recorded years

61<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boothbay Region Ymca ($50,000), Boothbay Opera House ($35,000), Boothbay Community Resource Council ($20,000).

RecipientPurposeAmount
AVIAN HAVEN Freedom, MEGENERAL$5,000
MARINE MAMMALS OF MAINE BATH, MEGENERAL$10,000
LIFE FLIGHT FOUNDATION BANGOR, MEGENERAL$5,000
BIGELOW LABORATORY East Boothbay, MEGENERAL$15,000
GRAND BANKS SCHOONER MUSEUM BOOTHBAY HARBOR, MEGENERAL$5,000
BOOTHBAY REGION HISTORICAL BOOTHBAY HARBOR, MEGENERAL$15,000
BOOTHBAY COMMUNITY RESOURCE COUNCIL BRUNSWICK, MEGENERAL$20,000
BOOTHBAY OPERA HOUSE Boothbay Harbor, MEGENERAL$35,000
BOOTHBAY REGION ART FOUNDATION Boothbay Harbor, MEGENERAL$1,000
BOOTHBAY REGION DISTRICT NURSING Boothbay Harbor, MEGENERAL$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN CRAIGVICE PRESIDENT1
GEORGE CRAIGPRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Susan & George Craig Family Foundation Inc?

Susan & George Craig Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIDGEFIELD, CT. It holds $305K in total assets as of 2024.

How large is Susan & George Craig Family Foundation Inc?

As of 2024, Susan & George Craig Family Foundation Inc holds $305K in total assets with $509K in annual revenue. It awarded 20 grants totaling $210K in 2024.

Where does Susan & George Craig Family Foundation Inc operate?

Susan & George Craig Family Foundation Inc has awarded grants in Arizona, California, Illinois, Maine, New York, Oregon, South Carolina, Virginia.

What size grants does Susan & George Craig Family Foundation Inc award?

In 2024, Susan & George Craig Family Foundation Inc awarded 20 grants totaling $210K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Susan & George Craig Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Susan & George Craig Family Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Susan & George Craig Family Foundation Inc's EIN?

Susan & George Craig Family Foundation Inc's EIN (Employer Identification Number) is 06-1533338. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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