The Kranz Family Foundation
The Kranz Family Foundation is a private foundation, based in Beachwood, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $621K in total assets. In 2024, it awarded 9 grants totaling $209K.
Key facts about The Kranz Family Foundation
In short: The Kranz Family Foundation gave $209K across 9 grants in 2024 (avg $23K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- EIN
- 04-3670741
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $209,000
- Grants made (2024)
- 9
- Average grant
- $23,222
- Median grant
- $10,000
- Total assets
- $620,624
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$621K
-1.5% YoY
Annual Giving
$209K
+5.2% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$23K
-29.9% YoY
Under IRS private-foundation payout rules, The Kranz Family Foundation reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.
How The Kranz Family Foundation gives
- Giving grew 152% from 2021 to 2024. Method
- In 2024 it paid out 268% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Kranz Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $83K (2021) to $209K (2024). In 2024 it made 9 grants totaling $209K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Stewards Caring Place ($75K). Together the top 9 received $209K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 18 grants of 26 (69%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stewards Caring Place Fairlawn, OH | Donnee's Stated Purpose | $75,000 |
| Heights Arts Cleveland, OH | Donee's Stated Purpose | $60,000 |
| Kaboom Collective Cleveland HTS, OH | Donee's Stated Purpose | $31,500 |
| Grace House Akron, OH | Donee's Stated Purpose | $12,500 |
| Make-a-Wish Foundation Cleveland, OH | Donee's Stated Purpose | $10,000 |
| Humane Society of Summit County Twinsburg, OH | Donee's Stated Purpose | $10,000 |
| Western Reserve Playhouse Richfield, OH | Donee's Stated Purpose | $5,000 |
| Inmotion Beachwood, OH | Donee's Stated Purpose | $2,500 |
| Akron Marathon Akron, OH | Donee's Stated Purpose | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $620,624 | $629,853 | $722,023 |
| Revenue | $248,991 | $148,353 | $95,627 |
| Expenses | $257,947 | $239,167 | $216,083 |
| Qualifying Distributions | $209,000 | $198,750 | $168,750 |
| Net Investment Income | — | $132,436 | $4,645 |
| Distributable Amount | $77,859 | $75,417 | $89,063 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Kranz Family Foundation is led by Paul L. Millet, President & Trustee on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Paul L. Millet
President & Trustee
On filings since 2020
$24K (2023) → $24K (2024)
Dana L. Salem
Secretary & Trustee
On filings since 2020
$24K (2020) → $0 (2024)
David G. Millet
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $24K, to Paul L Millet (Pres/Trustee).
Frequently asked questions about The Kranz Family Foundation
How much does The Kranz Family Foundation give each year?
The Kranz Family Foundation gave $209K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $199K across 6 grants.
What is The Kranz Family Foundation's typical grant size?
The Kranz Family Foundation's median grant in 2024 was $10,000, and its average grant was $23,222, across 9 grants on its 2024 IRS Form 990-PF.
Where does The Kranz Family Foundation give grants?
The Kranz Family Foundation gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cleveland, OH (2 grants) and Akron, OH (2 grants).
Does The Kranz Family Foundation give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on The Kranz Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donee's Stated Purpose" (8 grants).
Who are The Kranz Family Foundation's largest grantees?
The Kranz Family Foundation's largest 2024 grantees include Stewards Caring Place ($75,000), Heights Arts ($60,000) and Kaboom Collective ($31,500), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.
How large is The Kranz Family Foundation?
The Kranz Family Foundation reported $621K in total assets on its 2024 IRS Form 990-PF. It paid out $209K in qualifying distributions that year, against a required minimum of $78K (roughly 5% of its investment assets).
What is The Kranz Family Foundation's EIN?
The Kranz Family Foundation's EIN (Employer Identification Number) is 04-3670741. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Kranz Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in The Kranz Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Akron Community Foundation
Akron, OH
Akron Community Foundation funds nonprofit organizations and community efforts in Summit County across arts and culture, civic affairs, health and human services, education, and current priorities such as housing, mental health, and public safety. Its 2025 itemized grants had a median of about $15,000, though awards varied widely; it accepts online applications for competitive Community Fund grants, with application periods tied to grant-cycle deadlines.
Assets
$305.5M
Grants
335
Total Given
$14.7M
Jean Harry and Brenda Fuchs Family Family Foundation
Beachwood, OH
The Jean Harry and Brenda Fuchs Family funds preselected charitable organizations, with 2024 grants supporting causes including cancer services, the arts, and Parkinson’s disease. Its 2024 grants ranged from $2,500 to $75,000, with a median of $11,250, and all went to organizations in Ohio. It does not accept unsolicited funding requests.
Assets
$727K
Grants
10
Total Given
$252K
The Swagelok Foundation
Solon, OH
The Swagelok Foundation supports a broad range of charitable, community, education, and public organizations in places where Swagelok associates live and work, primarily in Ohio. In 2025 it made 222 grants totaling about $1.37 million, ranging from $20 to $201,000, with a median grant of $1,905. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$10.4M
Grants
222
Total Given
$1.4M
The Cleveland Foundation
Cleveland, OH
The Cleveland Foundation funds education, human services, neighborhoods and housing, health, arts and culture, the environment, economic development, and other community priorities, primarily through grants to nonprofits in Cuyahoga, Lake and Geauga counties. Its 2024 grants ranged from about $5,000 to $17.5 million, with a median of about $30,700. It accepts applications year-round through its standard grant process, with deadlines determining which cycle an application enters.
Assets
$3.3B
Grants
1,016
Total Given
$184.2M
The Hillier Family Foundation
Akron, OH
The Hillier Family Foundation supported education, health, social services, and philanthropy, primarily in Ohio, with some funding in Kentucky; its 2022 grants had a median of $27,500 and ranged from $1,485 to $1,005,000. It made grants only to preselected charities and did not accept unsolicited requests, and its final 2022 filing indicates it had wound down and stopped grantmaking.
Assets
—
Grants
108
Total Given
$8.6M
Northern Ohio Golf Charities Foundation Inc
Akron, OH
Northern Ohio Golf Charities funds Northeast Ohio nonprofits working in education, health and human services, civic organizations, arts and culture, and areas such as mental health, workforce development, youth sports, and mentoring; grants are generally for tangible or capital support. Its 2025 grants ranged from $150 to $200,000, with a median of $10,000, though application requests may not exceed $10,000. It accepts applications through an online portal when open; the next opening is stated as fall 2026.
Assets
$1.4M
Grants
67
Total Given
$1.1M
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Marbeach Foundation
Solon, OH
Assets
$521K
Grants
43
Total Given
$30K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Jewish Federation of Cleveland
Cleveland, OH
The Jewish Federation of Cleveland funds social-welfare, religious, educational, security, and community programs, with a focus on Cleveland and Ohio as well as Jewish needs in Israel and around the world. Its 2025 grants had a median of $22,250, though amounts varied widely; the available information does not specify whether it accepts unsolicited institutional requests.
Assets
$680.2M
Grants
425
Total Given
$72.7M
Sisler McFawn Foundation PFDN
Brooklyn, OH
The foundation supports a range of educational, community-service, food-assistance, cultural, and youth-serving organizations, primarily in Akron and elsewhere in Ohio. Its 2025 grants ranged from $1,000 to $65,000, with a median of $6,500. It accepts requests by letter to Michael Ayers; submit before its May, September, or December meetings.
Assets
$14.0M
Grants
124
Total Given
$1.1M
Columbus Foundation
Columbus, OH
The Columbus Foundation supports a broad range of nonprofit work, including arts, education, health, basic needs, neighborhoods, and capacity building, primarily in central Ohio. Its 2024 grants had a median of $21,471, though amounts varied widely. Most grants are directed by donors and aren’t made through an application process, but some specific programs accept applications.
Assets
$2.8B
Grants
1,747
Total Given
$242.7M
More Funders in Ohio
The Kranz Family Foundation down — hundreds of funders to go?