The Cragg Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $57K. Net investment income was $196K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+11.3% YoY
Annual Giving
$57K
+16.3% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$8K
+16.3% YoY
Under IRS private-foundation payout rules, The Cragg Family Foundation reported a distributable amount of $88K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cragg Family Foundation
Based on IRS filings
The Cragg Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $57K. Net investment income was $196K.
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 | $1,274,374 | $1,144,552 | $1,134,458 |
| Revenue | $199,877 | $68,738 | $45,477 |
| Expenses | $70,055 | $58,644 | $66,952 |
| Qualifying Distributions | $62,214 | $54,088 | $60,025 |
| Net Investment Income | $196,140 | $87,251 | $37,458 |
| Distributable Amount | $88,421 | $61,018 | $55,003 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Southwestern University ($36,000), House of Amos Inc ($5,000), Museum of Fine Arts Houston ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HERMANN PARK CONSERVANCY HOUSTON, TX | General & Unrestricted | $2,000 |
| HOUSE OF AMOS INC HOUSTON, TX | General & Unrestricted | $5,000 |
| HOUSTON CENTER FOR CONTEMPORARY CRAFT HOUSTON, TX | General & Unrestricted | $3,000 |
| MENIL FOUNDATION INC HOUSTON, TX | General & Unrestricted | $3,000 |
| MUSEUM OF FINE ARTS HOUSTON HOUSTON, TX | General & Unrestricted | $5,000 |
| SOUTHWESTERN UNIVERSITY GEORGETOWN, TX | General & Unrestricted | $36,000 |
| WESLEY COMMUNITY CENTER INC HOUSTON, TX | General & Unrestricted | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Christopher E Cragg | Pres, Dir, Sec | 1 | — |
| Lauren E Cragg | VP | 1 | — |
| Matthew Cragg | VP | — | — |
| Jessica Cragg Dugan | VP | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cragg Family Foundation?
The Cragg Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.3M in total assets as of 2024.
How large is The Cragg Family Foundation?
As of 2024, The Cragg Family Foundation holds $1.3M in total assets with $200K in annual revenue. It awarded 7 grants totaling $57K in 2024.
Where does The Cragg Family Foundation operate?
The Cragg Family Foundation has awarded grants in Texas.
What size grants does The Cragg Family Foundation award?
In 2024, The Cragg Family Foundation awarded 7 grants totaling $57K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Cragg Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cragg Family Foundation reported a distributable amount of $88K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cragg Family Foundation's EIN?
The Cragg Family Foundation's EIN (Employer Identification Number) is 26-1531062. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cragg Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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