The Kraft Family Foundation Inc
The Kraft Family Foundation Inc is a private foundation, based in FOXBOROUGH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.0M in total assets. In 2024, it awarded 1 grants totaling $8.8M. Net investment income was $13.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.0M
+14.3% YoY
Annual Giving
$8.8M
-8.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$8.8M
-8.3% YoY
Under IRS private-foundation payout rules, The Kraft Family Foundation Inc reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
About The Kraft Family Foundation Inc
Based on IRS filings
The Kraft Family Foundation Inc is a private foundation, based in FOXBOROUGH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.0M in total assets. In 2024, it awarded 1 grants totaling $8.8M. Net investment income was $13.1M.
Ready to take the next step with The Kraft Family Foundation Inc?
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 | $31,960,278 | $27,972,050 | $34,869,158 |
| Revenue | $13,242,518 | $3,010,362 | $2,504,117 |
| Expenses | $9,250,286 | $9,907,470 | $10,430,047 |
| Qualifying Distributions | $8,919,151 | $9,575,522 | $9,952,155 |
| Net Investment Income | $13,075,431 | $2,743,202 | $2,185,220 |
| Distributable Amount | $2,082,476 | $2,361,129 | $2,732,934 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Grant Details Attachment ($8,776,961).
| Recipient | Purpose | Amount |
|---|---|---|
| See Grant Details Attachment FOXBOROUGH, MA | See Grant Details Attachment | $8,776,961 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT K KRAFT | President Treasurer & Director | 1 | — |
| JOSHUA M KRAFT | Clerk & Director | 1 | — |
| JONATHAN A KRAFT | Assistant Clerk & Director | 1 | — |
| DANIEL A KRAFT | Assistant Clerk & Director | 1 | — |
Frequently Asked Questions
How large is The Kraft Family Foundation Inc?
As of 2024, The Kraft Family Foundation Inc holds $32.0M in total assets with $13.2M in annual revenue. It awarded 1 grants totaling $8.8M in 2024.
Where does The Kraft Family Foundation Inc operate?
The Kraft Family Foundation Inc has awarded grants in Massachusetts.
What size grants does The Kraft Family Foundation Inc award?
In 2024, The Kraft Family Foundation Inc awarded 1 grants totaling $8.8M — an average of about $8.8M per grant, based on its IRS Form 990 filings.
How much is The Kraft Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kraft Family Foundation Inc reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kraft Family Foundation Inc's EIN?
The Kraft Family Foundation Inc's EIN (Employer Identification Number) is 04-6050716. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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