The Craig Severance Foundation
The Craig Severance Foundation is a private foundation, based in Mill Valley, CA. IRS filing data is available from 2019 through 2022. In 2022, it awarded 6 grants totaling $27K. Net investment income was $5K.
The Craig Severance Foundation at a glance
In short: The Craig Severance Foundation gave $27K across 6 grants in 2022 (avg $4K), mostly in New York. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $26,549
- +32.7% vs 2021
- Grants made (2022)
- 6
- +0.0% vs 2021
- Average grant
- $4,425
- +32.7% vs 2021
- Median grant
- $1,500
- Primary geography
- New York (74% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who The Craig Severance Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2022
The largest 2022 recipient was Morgan Stanley Global Impact Fundin ($20K). Together the top 6 received $27K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2022 grant dollars across all 6 itemized grants.
Cities
How The Craig Severance Foundation gives
- Giving grew 659% from 2019 to 2022. Method
- In 2022 it paid out 759% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $4K (2019) to $27K (2022). In 2022 it made 6 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan Stanley Global Impact Fundin Purchase, NY | Education | $19,549 |
| Woman's Earth Alliance Berkeley, CA | Environmental Protection | $2,000 |
| Joan S Skall Endowed Piano University Circle, OH | Education | $2,000 |
| Stanford University Stanford, CA | Education | $1,000 |
| Middlebury College Middlebury, VT | Education | $1,000 |
| The Ross Preschool Ross, CA | Education | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | — | $5,394 | $26,724 | $26,549 | 6 | $26,549 | $5,361 | $3,498 |
| 2021 | $21,330 | $19,070 | $21,925 | $20,000 | 6 | $20,000 | $15,028 | $3,788 |
| 2020 | $24,185 | $8,616 | $13,635 | $10,500 | 5 | — | $1,574 | $3,725 |
| 2019 | $29,204 | $7,583 | $8,169 | $3,500 | 2 | — | $1,862 | $3,573 |
Under IRS private-foundation payout rules, The Craig Severance Foundation reported a distributable amount of $3K for 2022 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Craig Severance Foundation is led by Craig Severance, President since 2021 (on filings since 2019) — the only officer listed, and uncompensated.
Officers on the 2022 filing
Craig Severance
President
President & CEO → President, 2021
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Craig Severance Foundation
How much does The Craig Severance Foundation give each year?
The Craig Severance Foundation gave $27K across 6 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $20K across 6 grants.
What is The Craig Severance Foundation's typical grant size?
The Craig Severance Foundation's median grant in 2022 was $1,500, and its average grant was $4,425, across 6 grants on its 2022 IRS Form 990-PF.
Where does The Craig Severance Foundation give grants?
The Craig Severance Foundation gives mostly in New York: 74% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The next largest states were California (15%) and Ohio (8%).
Does The Craig Severance Foundation give general operating support?
Not in 2022: none of the 6 grants with a stated purpose on The Craig Severance Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (5 grants).
Who are The Craig Severance Foundation's largest grantees?
The Craig Severance Foundation's largest 2022 grantees include Morgan Stanley Global Impact Fundin ($19,549), Woman's Earth Alliance ($2,000) and Joan S Skall Endowed Piano ($2,000), according to its 2022 IRS Form 990-PF. Together they received 89% of its itemized 2022 grant dollars.
How much is The Craig Severance Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, The Craig Severance Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Craig Severance Foundation's EIN?
The Craig Severance Foundation's EIN (Employer Identification Number) is 23-7000754. IRS Form 990 filing data is available on this page for 2019–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 18, 2020)
- IRS filings on file for fiscal years 2020–2022
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