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. 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.
Key facts about Susan & George Craig Family Foundation Inc
- EIN
- 06-1533338
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $209,525
- Grants made (2024)
- 20
- Average grant
- $10,476
- Median grant
- $6,000
- New grantees (estimate)
- 60% first-time grantees (12 of 20, 2024)
- Total assets
- $305,487
- Primary geography
- Maine (98% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Susan & George Craig Family Foundation Inc funds
By grant dollars, the top recipient states for Susan & George Craig Family Foundation Inc's 20 itemized 2024 grants were Maine (98%). The most frequent recipient cities were Boothbay Harbor, ME (8 grants), East Boothbay, ME (2 grants) and Bath, ME (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Susan & George Craig Family Foundation Inc open to new grantees?
60%
first-time grantees, 2024
In 2024, 12 of 20 grantees (60%) were first-time recipients. First grants averaged $10K; repeat grants $11K. How we count
Medians: $6K first-time, $7K repeat.
- 15% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boothbay Region Ymca ($50,000), Boothbay Opera House ($35,000), Boothbay Community Resource Council ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOOTHBAY REGION YMCA BOOTHBAY HARBOR, ME | GENERAL | $50,000 |
| BOOTHBAY OPERA HOUSE Boothbay Harbor, ME | GENERAL | $35,000 |
| BOOTHBAY COMMUNITY RESOURCE COUNCIL BRUNSWICK, ME | GENERAL | $20,000 |
| BIGELOW LABORATORY East Boothbay, ME | GENERAL | $15,000 |
| BOOTHBAY REGION HISTORICAL BOOTHBAY HARBOR, ME | GENERAL | $15,000 |
| BOOTHBAY SEA SCIENCE CENTER EAST BOOTHBAY, ME | GENERAL | $15,000 |
| MARINE MAMMALS OF MAINE BATH, ME | GENERAL | $10,000 |
| BOOTHBAY REGION STUDENT AID FUND BOOTHBAY HARBOR, ME | GENERAL | $7,000 |
| MAINE PRESERVATION SOCIETY Yarmouth, ME | GENERAL | $7,000 |
| BOOTHBAY REGION DISTRICT NURSING Boothbay Harbor, ME | GENERAL | $6,000 |
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 |
|---|---|---|---|
| Susan Craig | Vice President | 1 | — |
| George Craig | President | 1 | — |
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.