The Krane Foundation FY2021 filing

Chicago, ILPrivate foundation / grantmaker EIN 36-3719492Revenue $27K in FY2021

On file with the IRS300 N Lasalle Street · Chicago, IL

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FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $20K a year · 36% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$669
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27K
Spent
$40K
Net assets
$87K
By yearFY2021–FY2025
Revenue
$27K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$27K
FY2022$34K
FY2023$26K
FY2024$39K
FY2025$157K
Expenses
$40K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$40K
FY2022$34K
FY2023$40K
FY2024$52K
FY2025$218K
Net assets
$87K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$87K
FY2022$87K
FY2023$73K
FY2024$60K
FY2025$0

From the FY2021 Form 990 (year ending July 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 88% · $35K Operating & administrative 12% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

See The Krane Foundation executive salaries →

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Programs and updates

A private foundation based in Chicago, IL.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 2 grants · $217K · 2024–2024
Renaissance Charitable Foundation - Krane-Bergman Charitable FundFY2024$108,430
Bk Family FoundationFY2024$108,430

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$108K
Median grantPart XV$108K
Largest grantPart XV$108K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$27K
Investment income$27K
Money out
$40K
Grants paid$35K
Running costs$5K
Owns and owes
$87K
net assets
Cash and savings$5K
Total assets$88K
Liabilities$669
2In more detail
Revenue in detail
Investment income$27K
Total revenue$27K
Assets in detailEnd of year
Cash and savings together$5K
Total assets$88K
Liabilities$669
Net assets$87K
Operations
Fiscal year endsJuly

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $157K$218K−$61K$0 990 PDF
FY2024 $39K$52K−$13K$60K 990 PDF
FY2023 $26K$40K−$14K$73K 990 PDF
FY2022 $34K$34K−$468$87K 990 PDF
FY2021 Viewing $27K$40K−$13K$87K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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