Oregon · Nonprofit
CRAFT3
CRAFT3 (Oregon) receives grants from 20 organizations whose IRS filings report $37,736,561 to it, the largest being The Chicago Community Trust ($25,000,000). 12 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $54M
- Funders on record
- 20
- Grants received
- $38M
- Net assets
- $98M
What Craft3 does
Mission
To build a thriving, just and empowered pacific northwest using capital, relationships and voice.
As stated on its FY2024 Form 990.
Programs
Lending activities: providing business support, marketing assistance and high risk non-bank credit to businesses and individuals in washington and oregon. Improving the physical and economic environments through reduction of waste, energy and chemical usage through mission based lending.
$31,084,243 spentof which $13,053,784 as grants$11,757,284 earned by the program97% of program spendingProgram consulting: providing expert guidance in strategic planning, organizational development, economic development, and real estate development. The services are designed to assist businesses, non-profit organizations and local governments in accomplishing their goals.
$954,378 spent$512,549 earned by the program3% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $32,038,621.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $182M to $222M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 36% · 2018 27% · 2019 28% · 2020 33% · 2021 16% · 2022 24% · 2023 58% · 2024 44%. Grants only. Government contracts and fees sit inside program revenue.
74% of CRAFT3’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Paul Benoit
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 5 funders, grant income rose $710k → $1.1M.
6 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 72% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CRAFT3’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CRAFT3 leans on a few funders — its largest provides 66% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
76% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CRAFT3.
Largest funder’s share by year: 2017 70% · 2018 41% · 2019 51% · 2020 34% · 2021 63% · 2022 66% · 2023 45% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
43% of CRAFT3's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
72% of CRAFT3's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10M that is directly attributable, 97% of it comes from funders outside Oregon, across 8 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $27M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CRAFT3 runs a healthier operating margin than three-quarters of the 659 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 659 community improvement nonprofits $10M–$100M, FY2024
Government funding CRAFT3 receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $17.6M on record — $1.9M federal, $15.7M state.
- Department of the Treasury$1.9M
- DISTRIBUTION TO NON-PROFIT ORG$10.0M
- AGENCY PROGRAM RELATED SERVICES$4.6M
- PROFESSIONAL SERVICES NON-IT$1.1M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CRAFT3
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Oregon
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 10 related entities
- Craft3 Other Owned Wa Properties LLC · disregarded
- Craft3 Other Owned or Properties LLC · disregarded
- Craft3 Future Fund · exempt
- Craft3 Investment II LLC · partnership
- Craft3 Investment X LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for CRAFT3: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CRAFT3?
- CRAFT3 (Oregon) receives grants from 20 organizations whose IRS filings report $37,736,561 to it, the largest being The Chicago Community Trust ($25,000,000). 12 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CRAFT3 have?
- IRS filings report 20 organizations giving $37,736,561 in grants to CRAFT3, 12 of which have funded it in more than one year.
- Who is the largest funder of CRAFT3?
- The Chicago Community Trust is the largest funder on record, with $25,000,000 in grants. The full list of funders is on this page.
- How can an organization like CRAFT3 find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Oregon. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing