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Joseph W Craft III Foundation at a glance

· Private foundation

Joseph W Craft III Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$7.2M
Granted FY2024still arriving
20
Grants FY2024still arriving
6
States reached
$1.3M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$22MPhilanthropy$5.4MCommunity Improvement$3.0MPublic Benefit$3.0MReligion$1.5MArts & Culture$1.2MYouth Development$998kHealth$592kOther$0
02FY2024 · 20 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k1 grant · $1k
  • $10k–50k3 grants · $65k
  • $50k–250k7 grants · $525k
  • $250k+9 grants · $6.6M
$150,000
Median grant
6
States reached
$146M
Total assets
Largest grants
RecipientAmount
MSU FOUNDATION$1,320,000
SOAR SHAPING OUR APPALACHIAN REGION$1,312,500
ALICE LLOYD COLLEGE$1,000,000
FOUNDATION FOR APPALACHIAN KENTUCKY$925,000
BOYS AND GIRLS CLUB$702,861
RED RIVER ECONOMIC DEVELOPMENT$520,000
HOUSING DEVELOPMENT ALLIANCE$317,800
GOVERNMENT ACCOUNTABILITY OVERSIGHT$300,000
FRIENDS OF AMERICAN SONG ARCHIVES I$250,000
SALVATION ARMY OF LEXINGTON$150,000
TULSA AREA UNITED WAY$100,000
THE CHURCH STUDIO MUSIC FOUNDATION$64,000
KENTUCKY CHAMBER FOUNDATION$60,500
KNOTT COUNTY YOUTH FOUNDATION$50,000
EMPOWERMENT ACADEMY INC$50,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–24, $350k) land where the poverty rate runs at 13%, against an area that typically sits at 11%. 93% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%CLEVELAND HOME INC: $25k → 10%EMPOWERMENT ACADEMY INC: $250k → 13%EMPOWERMENT ACADEMY INC: $50k → 13%RESONANCE CENTER FOR WOMEN: $5k → 15%RESONANCE CENTER FOR WOMEN: $5k → 15%STAND IN THE GAP MINISTRIES: $5k → 15%STAND IN THE GAP MINISTRIES: $5k → 15%YOUTH AT HEART: $5k → 15%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

ME
NY
KY
WV
AZ
DC
OK
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

84%of every dollar goes to organizations it has funded before.
$29M · 29 repeat orgs$5.4M to everyone else

29 repeat relationships: 13 still active in FY2024, 16 since wound down; 6 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

29
20

Total granted

$29M
$2.8M

Median revenue growth · since first grant

+34%
+41%

Still filing today

76%
65%

New vs renewed · share of each year

In FY2024, 59% of grant dollars renewed an existing relationship; $2.6M went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
EducationArts & CultureHuman ServicesCommunity ImprovementHealthPublic BenefitOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • AL
    ALICE LLOYD COLLEGE
    5× · 2017–2024 · $8.0M · revenue +152%
  • MS
    MOREHEAD STATE UNIVERSITY FOUNDATION INC
    8× · 2017–2024 · $6.5M · revenue +14%
  • TP
    TEXAS PUBLIC POLICY FOUNDATION
    5× · 2020–2024 · $900k · revenue +62%

Funded once

  • TL
    Tulsa Library Trustgraduated
    one grant, 2018 · $750k · revenue +178% · 31% of their budget
  • AG
    A GATHERING PLACE FOR TULSA
    one grant, 2017 · $750k
  • WH
    WAYLAND HISTORICAL SOCIETY INC
    one grant, 2022 · $350k · revenue -90% · 73% of their budget
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Kentucky Educational Television Foundation Inc

Nonprofit foundation created to support and further the educational, charitable, and public purposes and activities of the kentucky authority for educational television. the organization's primary purpose is to receive, hold, and…

Arts & Culture
2
Leadership Kentucky Foundation Inc

Broadens the perspectives of current and emerging leaders through experiential education that inspires them to advance kentucky.

Public Benefit
3
Washington and Lee University

Mission statement of washington and lee university: washington and lee university provides a liberal arts education that develops students' capacity to think freely, critically, and humanely and to conduct themselves with honor, integrity,…

Education
4
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
5
Taylor University

The mission of Taylor University is to develop servant-leaders marked with a passion to minister Christ's redemptive love, grace, and truth to a world in need.

Education
6
American Association of State Colleges and Universities

Aascu is a washington, d.c. based higher education association that represents the sector of over 500 regional public colleges, universities, and systems whose members share a learning and teaching centered culture, a commitment to…

Education
7
The Harry S Truman Library Institute National and International Affairs

To preserve and promote the enduring legacy of harry s. truman, america's 33rd president.

Education
8
Arkansas State University System Foundation Inc

The primary purpose of the arkansas state university system foundation, inc. (the foundation) is to receive, solicit, accept and hold, administer, invest and disburse any and every kind of property for such education, scientific, literary,…

Education
9
Lehigh University

The university's goal in the coming decade is to advance learning through the integration of teaching, research and service to others. the core of this goal is to prepare graduates to engage with the world and lead lives of meaning. to do…

Education
10
The Fund for American Studies

The fund for american studies (tfas) seeks to create a brighter, more prosperous future by preparing young people for leadership and teaching them the ideas of freedom and a free-market economy. founded in 1967, tfas organizes programs for…

—
11
Coker University

Coker university is a student-centered, comprehensive university. it is dedicated to providing every student an academic curriculum based upon a uniformly excellent liberal arts core that enhances the structured development of key personal…

Education
12
Kentucky Center for Economic Policy Inc

To improve the quality of life for all kentuckians through research, education and advocacy on important policy issues facing the commonwealth.

Public Benefit
How this is measured
The grantee most central to the portfolio’s shape is University of Oklahoma Foundation Inc; the most unlike its peers is Red River Economic Development. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

40 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 40 of the 56 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

7
Load-bearing (≥25% of a budget)
7
Early backer (in before they grew)
40/40
Grantees still filing
30/40
Grew since first funded

Where the money sits, by cause and then by grantee

MOREHEAD STATE UNIVERSITY FOUNDATION INC: $6,495,000 · OtherMOREHEAD STATE UNIVERSITY FOUNDATION INCUNIVERSITY OF KENTUCKY: $3,920,000 · OtherUNIVERSITY OF KENTUCKYGOVERNMENT ACCOUNTABILITY OVERSIGHT: $1,500,000 · OtherGOVERNMENT ACCOUNTABILITY OVERSIGHTCHRISTIAN STUDENT FELLOWSHIP INC: $1,250,000 · OtherCHRISTIAN STUDENT FELLOWSHIP INCA GATHERING PLACE FOR TULSA: $750,000 · OtherBOYS AND GIRLS CLUB: $702,861 · Other+26 more: $2,684,984 · Other+26 moreALICE LLOYD COLLEGE: $8,000,000 · EducationALICE LLOYD COLLEGEUNIVERSITY OF LOUISVILLE FOUNDATION INC: $2,000,000 · EducationUNIVERSITY OF LOUISVILLE FOUNDATIO…Tulsa Library Trust: $750,000 · EducationTulsa Library TrustThe University of Tulsa: $625,000 · EducationTHE GEORGE W BUSH FOUNDATION: $500,000 · Education+3 more: $230,000 · EducationFOUNDATION FOR APPALACHIAN KENTUCKY INC: $4,810,000 · PhilanthropyFOUNDATION FOR…+2 more: $266,500 · PhilanthropySHAPING OUR APPALACHIAN REGION INC: $1,312,500 · Community ImprovementRED RIVER ECONOMIC DEVELOPMENT: $552,450 · Community ImprovementKentucky Chamber Foundation Inc: $262,095 · Community Improvement+1 more: $40,000 · Community ImprovementFRIENDS OF AMERICAN SONG ARCHIVES INC: $750,000 · Arts & CultureWAYLAND HISTORICAL SOCIETY INC: $350,000 · Arts & CultureAWESOME CENTER FOR ENTREPRENEURSHIP INC: $100,000 · Arts & CultureTHE CHURCH STUDIO MUSIC FOUNDATION: $64,000 · Arts & Culture+2 more: $2,000 · Arts & CultureTEXAS PUBLIC POLICY FOUNDATION: $900,000 · Public Benefit+1 more: $4,900 · Public BenefitAMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH: $550,000 · Social Science
Other$17,302,845Education$12,105,000Philanthropy$5,076,500Community Improvement$2,167,045Arts & Culture$1,266,000Public Benefit$904,900Social Science$550,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetALICE LLOYD COLLEGE: $8,000,000 over 5y, 8.7% of budgetMOREHEAD STATE UNIVERSITY FOUNDATION INC: $6,495,000 over 8y, 19% of budgetFOUNDATION FOR APPALACHIAN KENTUCKY INC: $4,810,000 over 5y, 14% of budgetUNIVERSITY OF LOUISVILLE FOUNDATION INC: $2,000,000 over 3y, 2.1% of budgetSHAPING OUR APPALACHIAN REGION INC: $1,312,500 over 1y, 38% of budgetTEXAS PUBLIC POLICY FOUNDATION: $900,000 over 5y, 1.4% of budgetTulsa Library Trust: $750,000 over 1y, 31% of budgetFRIENDS OF AMERICAN SONG ARCHIVES INC: $750,000 over 3y, 42% of budgetThe University of Tulsa: $625,000 over 4y, 0.1% of budgetRED RIVER ECONOMIC DEVELOPMENT: $552,450 over 2y, 100% of budgetAMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH: $550,000 over 2y, 0.5% of budgetTULSA AREA UNITED WAY: $500,000 over 5y, 0.4% of budgetTHE GEORGE W BUSH FOUNDATION: $500,000 over 5y, 0.3% of budgetWAYLAND HISTORICAL SOCIETY INC: $350,000 over 1y, 73% of budgetHOUSING DEVELOPMENT ALLIANCE INC: $317,800 over 1y, 2.9% of budgetTHE EMPOWERMENT ACADEMY: $300,000 over 2y, 42% of budgetKentucky Chamber Foundation Inc: $262,095 over 5y, 3.3% of budgetGOD'S PANTRY FOOD BANK INC: $250,000 over 1y, 0.4% of budgetMental Health Association in Tulsa Inc dba Mental Health Association Oklahoma: $190,000 over 4y, 0.5% of budgetKNOTT COUNTY YOUTH FOUNDATION INC: $175,000 over 4y, 85% of budgetCOACHES FOR THE KIDS INC: $166,500 over 1y, 21% of budgetLEXINGTON SCHOOL INC: $150,000 over 3y, 0.4% of budgetVOLUNTEER FLORIDA FOUNDATION INC: $100,000 over 1y, 18% of budgetAWESOME CENTER FOR ENTREPRENEURSHIP INC: $100,000 over 4y, 2.4% of budgetTHE CHURCH STUDIO MUSIC FOUNDATION: $64,000 over 1y, 5.3% of budgetUNIVERSITY OF OKLAHOMA FOUNDATION INC: $50,000 over 2y, 0.0% of budgetTURNING POINT USA INC: $50,000 over 1y, 0.1% of budgetFRIENDS OF COAL LADIES AUXILIARY: $40,000 over 4y, 14% of budgetTHE PARENT CHILD CTR OF TULSA INC: $40,000 over 4y, 0.2% of budgetAmerican Heart Association Inc: $35,000 over 1y, 0.0% of budgetUNIVERSITY OF PIKEVILLE: $30,000 over 1y, 0.0% of budgetLIFE ADVENTURE CENTER INC: $25,000 over 1y, 1.1% of budgetHudson Institute Inc: $25,000 over 1y, 0.1% of budgetKENTUCKY 4H FOUNDATION INC: $15,000 over 1y, 0.8% of budgetSTAND IN THE GAP INC: $10,000 over 2y, 0.7% of budgetResonance Center for Women Inc: $10,000 over 2y, 0.3% of budgetYouth At Heart Inc: $5,000 over 1y, 0.5% of budgetWreaths Across America: $4,900 over 2y, 0.0% of budgetLEXARTS INC: $1,000 over 1y, 0.1% of budgetTULSA HISTORICAL SOCIETY: $1,000 over 1y, 0.2% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Blue Grass Community …The Hardesty Family F…Mervin Bovaird Founda…The Gelvin FoundationThe Community Foundat…The Cuesta Foundation…The Anne and Henry Za…Tulsa Community Found…Sanford P & Irene F B…Ralph and Frances McG…The Sharna and Irvin …El and Thelma Gaylord…
Blue Grass Community Foundation IncKY25.3× affinity10 shared granteesties to 2 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Blue Grass Community Foundation Inc · The Hardesty Family Foundation Inc · Mervin Bovaird Foundation · The Gelvin Foundation · The Community Foundation of Louisville Inc · The Cuesta Foundation Inc · The Anne and Henry Zarrow Foundation · Tulsa Community Foundation · Sanford P & Irene F Burnstein Foundation Irene F Burnstein Co-Trustee · Ralph and Frances McGill Foundation the Trust Company of Oklahoma · The Sharna and Irvin Frank Foundation · El and Thelma Gaylord Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Joseph W Craft III Foundation funds: left to right is the share of its income from government, bottom to top the share from Joseph W Craft III Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 50%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 5%
  • Mental Health Association in Tulsa Inc dba Mental Health Association Oklahoma: 8% of income from government
  • The University of Tulsa: 5% of income from government
  • Volunteer Florida Foundation Inc: 2% of income from government
no gov moneyreceives it· size = income
5get no government money at all
7report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 56 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Joseph W Craft III’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home