Josephine and Louise Crane Foundation is an independent non-profit private foundation based in Falmouth, Massachusetts. Established in 2008, the foundation's primary field of interest includes arts, health organizations, human services, united ways, and federated giving progra The foundation was formed as a result of the merger of Josephine B. Crane Foundation and Louise Crane Foundation. The assets of the foundation are managed and governed by the board of directors.Josephine and Louise Crane Foundation's investment portfolio is valued at over $76.74 million, with investments in domestic and international equity, private equity, and cash.