//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Drees Homes Foundation Inc. is a private corporation based in FT MITCHELL, KY. The foundation received its IRS ruling in 2016. The principal officer is Ralph A Drees. It holds total assets of $16.2M. Annual income is reported at $3.4M. Total assets have grown from $9.3M in 2019 to $15.6M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Kentucky and Ohio. According to available records, Drees Homes Foundation Inc. has made 34 grants totaling $3.2M, with a median grant of $63K. The foundation has distributed between $840K and $1.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 14 grants. Individual grants have ranged from $25K to $250K, with an average award of $94K. The foundation has supported 21 unique organizations. Grants have been distributed to organizations in Kentucky and Ohio and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$63K
Average Grant
$85K
Largest Grant
$200K
Based on 8 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.
Drees Homes Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in KY, OH, NY.
Drees Homes Foundation Inc. has distributed a total of $3.2M across 34 grants. The median grant size is $63K, with an average of $94K. Individual grants have ranged from $25K to $250K.
The application deadline is NONE, ROLLING DEADLINE.
Drees Homes Foundation Inc. is headquartered in FT MITCHELL, KY. While based in KY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Philip A Drees | VICE PRESIDENT & SECRETARY | $0 | $0 | N/A |
| David G Dress | DIRECTOR | $0 | $0 | N/A |
| Lynn M Hemmer | TREASURER | $0 | $0 | N/A |
| Irmaleen Drees | DIRECTOR | $0 | $0 | N/A |
| Susan A Panoushek | DIRECTOR | $0 | $0 | N/A |
| Barbara Drees Jones | PRESIDENT | $0 | $0 | N/A |
Total Giving
$924K
Total Assets
$15.6M
Fair Market Value
$19.6M
Net Worth
$15.6M
Grants Paid
$840K
Contributions
$2.5M
Net Investment Income
$346K
Distribution Amount
$956K
Total: $14.2M
Total Grants
34
Total Giving
$3.2M
Average Grant
$94K
Median Grant
$63K
Unique Recipients
21
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Notre Dame AcademyPROGRAM SUPPORT | Park Hills, KY | $125K | 2022 |
| Emergency Shelter Of NkyPROGRAM SUPPORT | Covington, KY | $150K | 2023 |
| Covington CatholicPROGRAM SUPPORT | Park Hills, KY | $125K | 2023 |
| Newport Central CatholicPROGRAM SUPPORT | Newport, KY | $100K | 2023 |
| The Catalytic Fund Of Northern KentuckyPROGRAM SUPPORT | Covington, KY | $100K | 2023 |
| The Joseph HousePROGRAM SUPPORT | Cincinnati, OH | $75K | 2023 |
| Thomas More UniversityPROGRAM SUPPORT | Crestview Hills, KY | $50K | 2023 |
| Acue Co Diocese Of CovingtonPROGRAM SUPPORT | Covington, KY | $50K | 2023 |
| Childrens Home Of NkyPROGRAM SUPPORT | Covington, KY | $50K | 2023 |
| St Joseph ParishPROGRAM SUPPORT | Crescent Springs, KY | $50K | 2023 |
| Life Learning CenterPROGRAM SUPPORT | Covington, KY | $50K | 2023 |
| Behringer Crawford MuesumPROGRAM SUPPORT | Covington, KY | $40K | 2023 |
| RedwoodPROGRAM SUPPORT | Fort Mitchell, KY | $180K | 2022 |
| Children'S IncGENERAL SUPPORT | Convington, KY | $250K | 2020 |
| Vent Haven MuseumPROGRAM SUPPORT | Ft Mitchell, KY | $200K | 2020 |
| Children'S Home Of Northern KentuckyGENERAL SUPPORT | Covington, KY | $150K | 2020 |
| St Elizabeth FoundationPROGARAM SUPPORT | Edgewood, KY | $150K | 2020 |
| Gateway Community And Technical CollegePROGRAM SUPPORT | Covington, KY | $100K | 2020 |
| Horizon Community FundPROGRAM SUPPORT | Covington, KY | $100K | 2020 |
| Chatfield CollegePROGRAM SUPPORT | Cincinnati, OH | $25K | 2020 |
| AcuePROGRAM SUPPORT | New York, NY | $25K | 2020 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY