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Filing year 2024

JENNY H & OTTO F KRAUSS CHARITABLE FOUNDATION

Roscommon, Michigan·EIN 38-2837174·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$484k
Total assets
$8M
Total expenses
$744k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. JENNY H & OTTO F KRAUSS CHARITABLE FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$575k

Itemized grants

21

Median grant

$25k

RecipientLocationPurposeAmount
CHATELET ROBOTICS INITATIVERALEIGH, NCEDUCATIONAL$150k
GOOD SHEPHERD MINISTRIESSAN BERNADINO, CAGENERAL FUNDS$40k
WORLD COMPASSION TLM INCTULSA, OKGENERAL FUNDS$40k
CAMP WESTMINSTERDETROIT, MIGENERAL FUNDS$30k
PULMONARY FIBROSIS FDCHICAGO, ILGENERAL FUNDS$30k
WORLD MISSIONS MINISTRIESOKLAHOMA CITY, OKGENERAL FUNDS$30k
ASSEMBLIES OF GODSPRINGFIELD, MOGENERAL FUNDS$25k
GEORGIA TECHATLANTA, GAEDUCATIONAL NEEDS$25k
MICHIGAN STATE UNIVERSITYEAST LANSING, MIEDUCATIONAL NEEDS$25k
PURDUE UNIVERSITYWEST LAFAYETTE, INEDUCATIONAL NEEDS$25k
THE UNIVERSITY OF MICHIGANANN ARBOR, MIEDUCATIONAL NEEDS$25k
CRANBROOK SCHOOLBLOOMFIELD, MIEDUCATIONAL NEEDS$20k
CROSS ASSEMBLYRALEIGH, NCGENERAL FUNDS$20k
DEPAUW UNIVERSITYGREENCASTLE, INEDUCATIONAL NEEDS$20k
INTERLOCHEN CENTER FOR THE ARTSINTERLOCHEN, MIEDUCATIONAL NEEDS$20k
KIRTLAND COMMUNITY COLLEGEGRAYLING, MIGENERAL FUNDS$20k
BIG HEART ORPHANAGEPHARR, TXNEEDY CHILDREN$10k
RCCF ROSCOMMON AREA DIST LIBRARYROSCOMMON, MILIBRARY$8k
ASSOCIATION TO RESCUE KRITTERS -ARKST HELEN, MIGENERAL FUNDS$5k
ROSCOMMON HISTORIC MODEL TRAIN MUSEROSCOMMON, MIMUSEUM$5k
THE KIVA CENTERBOULDER, COGENERAL FUNDS$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

JENNY H & OTTO F KRAUSS CHARITABLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$306k
$636k
2023
$484k
$744k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

JENNY H & OTTO F KRAUSS CHARITABLE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about JENNY H & OTTO F KRAUSS CHARITABLE FOUNDATION

What are JENNY H & OTTO F KRAUSS CHARITABLE FOUNDATION's revenue and expenses?

In 2024, JENNY H & OTTO F KRAUSS CHARITABLE FOUNDATION reported $484k in total revenue and $744k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.