Kathleen S Craft Foundation is located in Tulsa, OK. The organization was established in 2013. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kathleen S Craft Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Kathleen S Craft Foundation generated $13.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $6.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kathleen S Craft Foundation has awarded 125 individual grants totaling $25,668,542. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KATHLEEN S CRAFT FOUNDATION IS A NON-OPERATING PRIVATE FOUNDATION WHICH MAKES GIFTS TO CHARITABLE ORGANIZATIONS. THE FOUNDATION DOES NOT OPERATE ANY FACILITY OR INSTITUTION UNDERTAKING A CHARITABLE, EDUCATIONAL, OR RELIGIOUS ENDEAVOR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Craft Mowry Director | 5 | $0 | |
Mark C Fiddes Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $328,491 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,902,842 |
| Total Revenue | $13,363,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $5,555,586 |
| Contributions, gifts, grants paid | $1,000,344 |
| Total expenses and disbursements | $6,555,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,657 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,432,613 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Over the last fiscal year, Kathleen S Craft Foundation has awarded $3,000,921 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PASSTHROUGH FROM K-1'S PURPOSE: CHARITABLE | $921 |
CATHOLIC LEADERSHIP INSTITUTE PURPOSE: CHARITABLE | $1,000,000 |
CATHOLIC CHARITIES PURPOSE: CHARITABLE | $500,000 |
WORLD VILLAGES FOR CHILDREN PURPOSE: CHARITABLE | $1,500,000 |