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Foundations / Illinois

The Krane Foundation

Preselected recipients only Chicago, Illinois · EIN 363719492

The Krane Foundation is a private foundation in Chicago, Illinois. In tax year 2024 it gave $216,860 in 2 grants; the typical grant was $108,430 and the largest $108,430. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $50,000 the year before.

100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$50,0001$206,309
2024$216,8602$0

How to apply

The Krane Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What The Krane Foundation funds

Where it gives

Its grants went to recipients in 2 states, the most to Indiana.

StateGrantsAmount
Indiana1$108,430
Oregon1$108,430

Grants paid in 2024

All 2 grants
RecipientPurposeAmount
BK Family Foundation
Estacada, OR
For family philanthropic giving$108,430
Renaissance Charitable Foundation - Krane-Bergman Charitable Fund
Indianapolis, IN
To distribute gifts to qualified educational and civic nonprofit$108,430

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does The Krane Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does The Krane Foundation give?

$216,860 in tax year 2024, across 2 grants, with a typical grant of $108,430.

Who runs The Krane Foundation?

Its 2024 filing lists Howard G Krane (President), Hilary K Krane (Director), Marie C Bergman (Director) and Chrystan Kowalski (Secretary).

What does The Krane Foundation fund?

Based on its grants, mainly community development and education.

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