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Robert and Myra Kraft Family Foundation, Inc.

Profile

Last Updated: 2016-02-04

At A Glance

Robert and Myra Kraft Family Foundation, Inc.

(formerly Robert and Myra Kraft and J. Hiatt Foundation, Inc.)

1 Patriot Pl.

Foxborough, MA United States 02035-1388

Telephone: (508) 698-4618

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Sports

Financial Data

(yr. ended 2013-12-31)

Assets: $87,661,797

Total giving: $6,074,017

EIN

046050716

BRIDGE Number

1576782805

Background

Incorporated in 1951 in MA - Founded by Robert K. Kraft, founder, Chairman & C.E.O. of The Kraft Group, a diversified holding company with assets in paper, packaging, sports, entertainment and real estate. Kraft is also the current owner of the National Football League's New England Patriots as well as Major League Soccer's New England Revolution.

Purpose and Activities

Giving primarily for higher education and to Jewish organizations.

Fields of Interest

Subjects
  • Higher education
  • Judaism
  • Nonprofits
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2013-12-31

Assets: $87,661,797 (market value)

Gifts received: $5,041,889

Expenditures: $6,634,531

Total giving: $6,074,017

Qualifying distributions: $6,074,017

Giving activities include:

$6,074,017 for 66 grants (high: $1,128,000; low: $275)