# Kathleen S Craft Foundation

Kathleen S Craft Foundation is an Endowment / Foundation based in Tulsa, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Tulsa, United States
- **Region:** North America
- **Address:** 2502 E 45th St, Tulsa, OK 74105, United States
- **Founded:** 2013
- **Assets under management:** $131M (Altss estimate)
- **Website:** kathleenscraftfoundation.org

## Regulatory record

- **Reports private funds:** No

## About

The Kathleen S Craft Foundation was established in 2013 by Kathleen Craft Mowry, a member of a family. Her husband, Joseph W. Craft III, leads Alliance Resource Partners as CEO, and the foundation's endowment reflects a generation of resource-derived capital now channeled through a 501(c)(3) structure based in Tulsa, Oklahoma. Sharia Smith serves as Executive Director, overseeing day-to-day operations from the foundation's East 45th Street headquarters. Grant-making spans three primary verticals: education, human services, and philanthropy and voluntarism promotion. Geographic activity concentrates in Oklahoma, New York, and Colorado, reflecting personal and family ties rather than a national-spread mandate. The foundation's underlying asset base includes direct holdings in coal properties in Ohio County, West Virginia, and Washington County, Pennsylvania, alongside the Tunnel Ridge Surface Land on the West Virginia–Pennsylvania border and an array of mineral and royalty interests. The foundation operates with a lean governance structure. Kathleen Craft Mowry acts as both Director and Trustee, with input from professional advisors including Fr. Gary Kastl, who introduced her to the Catholic Leadership Institute, where she serves on the National Advisory Board. Mowry has also held a board seat with the Catholic Community Foundation, signaling a sustained institutional commitment to faith-aligned philanthropy. In May 2024, the foundation maintained its regular grant-making cadence, with public filings continuing to reflect steady distributions to educational and human-services nonprofits across its three core states. The structure distinguishes itself through asset-origin transparency: a private foundation whose corpus remains partially tied to the very industrial and mineral interests that generated the family's wealth, rather than a fully liquid, diversified endowment model. This hybrid posture means grant-making capacity may correlate more directly with commodity-linked revenue streams than with a standard foundation's total-return portfolio approach, a rare profile among mid-sized US foundations.

## Sectors

- Education
- Philanthropy
- Human Services

## People

- Kathleen Craft Mowry — Founder, Director and Trustee
- Sharia Smith — Executive Director

## Questions

### Which geographies does the foundation prioritize?

Grant-making concentrates on three states: Oklahoma, New York, and Colorado. This pattern reflects family and board-member ties rather than a formal geographic-mandate restriction.

### How does its asset base differ from a typical foundation endowment?

Unlike most foundations that hold diversified portfolios of public securities and alternative funds, the Kathleen S Craft Foundation retains direct ownership of legacy coal assets, surface land, and mineral royalties. This creates a distinct risk and cash-flow profile tied to the coal sector's performance rather than broad market returns (per IRS filings).

## Related profiles

- [The Walter S. Johnson Foundation](https://altss.com/profile/the-walter-s-johnson-foundation)
- [College of Saint Benedict and Saint John's University](https://altss.com/profile/college-of-saint-benedict-and-saint-john-s-university)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/kathleen-s-craft-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology