Also known as: FAMILY FOUNDATION
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Barbara W And Philip R Derrow Family Foundation is a private corporation based in NEW ALBANY, OH. The foundation received its IRS ruling in 2014. The principal officer is Philip R Derrow. It holds total assets of $3.3M. Annual income is reported at $393K. Total assets have grown from $1M in 2013 to $3.2M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Ohio and New Jersey. According to available records, Barbara W And Philip R Derrow Family Foundation has made 10 grants totaling $311K, with a median grant of $20K. Individual grants have ranged from $5K to $90K, with an average award of $31K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Ohio and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$31K
Largest Grant
$90K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Barbara W And Philip R Derrow Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in OH, NJ.
Barbara W And Philip R Derrow Family Foundation has distributed a total of $311K across 10 grants. The median grant size is $20K, with an average of $31K. Individual grants have ranged from $5K to $90K.
Barbara W And Philip R Derrow Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Barbara W And Philip R Derrow Family Foundation is headquartered in NEW ALBANY, OH. While based in OH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Philip R Derrow | CHAIRMAN, TREASURER | $0 | $0 | N/A |
| Barbara W Derrow | PRESIDENT, SECRETARY | $0 | $0 | N/A |
Total Giving
$153K
Total Assets
$3.2M
Fair Market Value
$3.2M
Net Worth
$3.2M
Grants Paid
$140K
Contributions
$2K
Net Investment Income
$73K
Distribution Amount
$152K
Total: N/A
Total Grants
10
Total Giving
$311K
Average Grant
$31K
Median Grant
$20K
Unique Recipients
5
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Albany Community FoundationOPERATIONS | New Albany, OH | $90K | 2022 |
| Columbus Metropolitan LibraryOPERATIONS | Columbus, OH | $30K | 2022 |
| Ohio State University FoundationOPERATIONS | Columbus, OH | $20K | 2022 |
| Flying Horse FarmsOPERATIONS | Mt Gilead, OH | $10K | 2022 |
| LifetownOPERATIONS | Livingston, NJ | $5K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH