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Robert & Myra Kraft Family Foundation
The Robert & Myra Kraft Family Foundation was established by Robert Kraft and his late wife Myra to institutionalize a personal commitment to social justice.
Robert & Myra Kraft Family Foundation
The Robert & Myra Kraft Family Foundation was established by Robert Kraft and his late wife Myra to institutionalize a personal commitment to social justice. Myra Kraft, who died in 2011, shaped the foundation's ethos, prioritizing grants to organizations serving vulnerable populations. The philanthropic vehicle operates alongside The Kraft Group, the family's diversified holding company, and the New England Patriots Charitable Foundation, which is run by son Joshua Kraft. The foundation's giving concentrates on education, healthcare, and cultural diversity, with a particular focus on underserved communities in Massachusetts and Israel. Major gifts have supported institutions including Boys & Girls Clubs of Boston, Combined Jewish Philanthropies, and Massachusetts General Hospital. The foundation also funds global initiatives through partnerships with organizations such as the REFORM Alliance, a criminal justice reform group co-founded by Michael Rubin and Jay-Z, both of whom are Kraft's co-investors in Fanatics. The geographic footprint extends from New England to Israel and broader U.S. urban centers. While the foundation does not publicly disclose granular assets under management, the Kraft family's wealth is rooted in the Rand-Whitney Group, a packaging conglomerate Robert Kraft acquired in the 1960s that evolved into International Forest Products, now run by son Daniel Kraft. Additional wealth drivers include the NFL's New England Patriots, the MLS's New England Revolution, Gillette Stadium, and the mixed-use Patriot Place complex in Foxborough. Robert Kraft's personal asset portfolio includes real estate in Southampton, Palm Beach, and Chestnut Hill, as well as private equity positions in ventures such as Fanatics. The family operates two Boeing 767s, Gulfstream jets, and a helicopter for business and team transport. In September 2022, Kraft participated in a $1.5 billion funding round for Fanatics, valuing the sports merchandise giant at $31 billion (per Bloomberg, 2022). The foundation operates as a grantmaking vehicle rather than an investment platform, distinguishing it from the family's active private equity arm. Governance resides with the family: Robert Kraft as founder and patriarch, Jonathan Kraft as a trustee and president of The Kraft Group, and Joshua Kraft leading the team-side foundation. This structure ensures philanthropic decisions remain tightly coupled with family leadership, avoiding the bureaucratic drift that can accompany large endowed foundations.
General information
Firm type
Endowment / Foundation
Location
Region
North America
Country
United States
City
Foxborough
Corporate office
Foxborough, MA, United States
Principals
Robert Kraft
Founder
Myra Kraft
Founder (late)
Jonathan Kraft
Trustee
Joshua Kraft
President, New England Patriots Foundation
Daniel Kraft
President and CEO, International Forest Products
Sector focus
Frequently asked questions
Who makes grantmaking decisions at the Robert & Myra Kraft Family Foundation?
The foundation is governed by Robert Kraft and his son Jonathan Kraft, who serves as a trustee and president of The Kraft Group. The late Myra Kraft previously shaped the grantmaking priorities before her death in 2011. Joshua Kraft runs the related New England Patriots Charitable Foundation, which conducts the team's community outreach, while Daniel Kraft manages day-to-day operations of International Forest Products.
How is the foundation related to The Kraft Group?
The foundation is the primary philanthropic vehicle for the Kraft family, whose wealth originates from The Kraft Group, a diversified holding company encompassing paper and packaging, sports and entertainment, real estate, and private equity. The Kraft Group owns the New England Patriots, New England Revolution, Gillette Stadium, Patriot Place, and International Forest Products. While legally separate, the foundation's funding is sustained by this shared family enterprise, and leadership overlaps through Robert and Jonathan Kraft.
What is the foundation's charitable focus?
Grants concentrate on education, healthcare, cultural diversity, and equity for vulnerable populations. The foundation has historically supported organizations in Massachusetts and Israel, including Boys & Girls Clubs of Boston, Combined Jewish Philanthropies, Massachusetts General Hospital, and initiatives addressing antisemitism. The Kraft family also directs capital to criminal justice reform through the REFORM Alliance.
Does the foundation invest for return or only make grants?
The Robert & Myra Kraft Family Foundation operates as a grantmaking organization, not an active investment vehicle. The family's active private equity and venture investments—such as the Fanatics stake and earlier positions—are held outside the foundation through The Kraft Group or Robert Kraft personally. The foundation's capital is distributed directly to nonprofit partners rather than deployed for market returns.
What is the foundation's history with Israel-based philanthropy?
Myra Kraft, a Boston native and Brandeis University alumna, prioritized Jewish causes and Israel-based giving throughout her life. The foundation has funded hospitals, educational institutions, and social service organizations in Israel. After her passing, Robert Kraft deepened this commitment, including launching the Foundation to Combat Antisemitism (FCAS), which is a separate 501(c)(3) entity addressing the rise in antisemitic incidents globally.
How does the foundation interact with the New England Patriots' community initiatives?
The Robert & Myra Kraft Family Foundation and the New England Patriots Charitable Foundation are legally separate but share family governance. The Patriots foundation, led by Joshua Kraft, focuses on team-affiliated community programs and player-driven philanthropy. The family foundation operates as the broader institutional funding arm, with overlapping mission areas such as youth education and healthcare access.
Where does the underlying wealth come from?
Robert Kraft's wealth initially derived from the Rand-Whitney Group, a paper and packaging company he acquired in the 1960s and grew into International Forest Products. He purchased the New England Patriots in 1994 for a then-record $172 million, transforming the franchise into one of the NFL's most valuable teams—currently worth over $7 billion (per Forbes, 2024). Additional wealth comes from real estate holdings, private equity investments, and the fan merchandise giant Fanatics.
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