The Masters Craft Foundation Inc
The Masters Craft Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PLAINS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $147K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-5.2% YoY
Annual Giving
$147K
+63.9% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$21K
+17.1% YoY
Under IRS private-foundation payout rules, The Masters Craft Foundation Inc reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.
About The Masters Craft Foundation Inc
Based on IRS filings
The Masters Craft Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PLAINS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $147K. Net investment income was $42K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,061,893 | $1,120,062 | $1,114,526 |
| Revenue | $104,699 | $115,896 | $218,110 |
| Expenses | $162,868 | $110,360 | $105,378 |
| Qualifying Distributions | $146,754 | $99,347 | $91,747 |
| Net Investment Income | $42,281 | $34,883 | $24,282 |
| Distributable Amount | $67,442 | $62,861 | $58,461 |
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
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Filter of Hope Costa Rica Project ($65,394), Campus Crusade for Christ Internati ($21,000), Partners in Mission - Usa ($14,400).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMPUS CRUSADE FOR CHRIST INTERNATI ORLANDO, FL | LAUNCHING SPIRITUAL MOVEMENTS THROUGH CHRIST | $21,000 |
| PARTNERS IN MISSION - USA GLEN ELLYN, IL | LIFE-LEARNING OPPORTUNITIES IN UGANDA AND AFRICA | $14,400 |
| SAMARITANS PURSE BOONE, NC | HELPING THOSE IN NEED AND PROCLAIMING THE GOSPEL | $10,000 |
| CAMPUS ALLIANCE ESCONDIDO, CA | HIGH SCHOOL AND MIDDLE SCHOOL CHRISTIAN OUTREACH | $12,000 |
| PARABLE-RENEW YOUTH MOVEMENT INC LAKEWOOD, CA | TO REACH STUDENTS FOR CHRIST | $12,000 |
| KAYLA WILLIAMS WEST PLAINS, MO | EMERGENCY MEDICAL ASSISTANCE | $11,900 |
| FILTER OF HOPE COSTA RICA PROJECT West Plains, MO | HELPING THOSE IN NEED AND PROCLAIMING THE GOSPEL | $65,394 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLYDE ELBRECHT | DIRECTORPRESIDENT | — | — |
| PATRICIA ELBRECHT | DIRECTORSECRETARY | — | — |
| RACHEL COBB | DIRECTOR | — | — |
| NATHANAEL ELBRECHT | DIRECTOR | — | — |
| MARTHA DENNISON | DIRECTOR | — | — |
| DANIEL ELBRECHT | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Masters Craft Foundation Inc?
The Masters Craft Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PLAINS, MO. It holds $1.1M in total assets as of 2024.
How large is The Masters Craft Foundation Inc?
As of 2024, The Masters Craft Foundation Inc holds $1.1M in total assets with $105K in annual revenue. It awarded 7 grants totaling $147K in 2024.
Where does The Masters Craft Foundation Inc operate?
The Masters Craft Foundation Inc has awarded grants in California, Florida, Illinois, Missouri, North Carolina, Oklahoma.
What size grants does The Masters Craft Foundation Inc award?
In 2024, The Masters Craft Foundation Inc awarded 7 grants totaling $147K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is The Masters Craft Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Masters Craft Foundation Inc reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Masters Craft Foundation Inc's EIN?
The Masters Craft Foundation Inc's EIN (Employer Identification Number) is 20-2068416. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Masters Craft Foundation Inc'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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