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Ebeid Family Foundation is a private trust based in TOLEDO, OH. The foundation received its IRS ruling in 2017. The principal officer is Russell J Ebeid. It holds total assets of $32.6M. Annual income is reported at $5.3M. The foundation is governed by 5 officers and trustees. Tax records are available from 2018 to 2023. According to available records, Ebeid Family Foundation has made 6 grants totaling $5.8M, with a median grant of $1M. The foundation has distributed between $1M and $2.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.6M distributed across 2 grants. Individual grants have ranged from $500K to $1.3M, with an average award of $963K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
The Ebeid Family Foundation is a private family trust governed exclusively by five members of the Ebeid family — Carolee, Carrie, Evon, Kevin, and Scott Ebeid — all serving without compensation. Founded in August 2017 and headquartered in Toledo, Ohio (5949 Telegraph Rd), the foundation operates as a tightly held philanthropic vehicle with a clear preference for pre-selected relationships over open solicitation. The contact listed in IRS records is "% Russell J. Ebeid," identifying the family patriarch as the foundation's steward.
The foundation's primary grantmaking mechanism is a donor-advised fund: the Ebeid Family Fund, housed at Schwab Charitable. From there, resources flow to the Center for Arab American Philanthropy's scholarship program, which has supported 300+ STEM and nursing students at eight Midwest universities since 2009. The foundation also makes occasional direct institutional grants — ProMedica Hospital Foundation received a documented $500,000 donation — consistent with the Ebeid family's deep roots in Toledo's healthcare philanthropy community.
First-time applicants must understand a critical structural reality: the foundation's official website (ebeid.org) is fully password-protected with no publicly accessible content. The foundation's profile in grant databases carries a preselected-only designation, confirming it does not accept unsolicited grant applications. There is no published RFP, application portal, or stated deadline cycle.
This means the traditional apply-and-wait model does not apply here. Successful engagement requires a relationship pathway — through ProMedica Foundation, the University of Toledo, Ohio University, Lourdes University, or CAAP — where the Ebeid family already has established institutional ties. Organizations in healthcare, STEM education, nursing workforce development, and community health improvement in the Toledo/Northwest Ohio or greater Detroit area are most likely to surface naturally within the family's philanthropic network.
For organizations already connected to these institutions, the relationship progression likely follows an informal model: initial introduction through a trusted intermediary, followed by personal conversations with trustees, and an eventual invitation to submit materials. Given the family-trust structure and entirely volunteer board, expect a values-driven, personal review process rather than a formal bureaucratic one. Proposals will likely be evaluated on community impact in Toledo, alignment with the family's dual focus on education and healthcare, and the credibility of the relationship through which the introduction was made.
Over the five-year period captured in IRS 990 data (2019–2023), the Ebeid Family Foundation disbursed a total of $5.40M in grants paid, averaging $1.08M per year. Total giving (including minor operating expenses) averaged $1.13M annually over the same period.
Annual grant disbursements have trended upward with a modest 2023 pullback: - 2019: $912,056 grants paid - 2020: $1,025,542 grants paid - 2021: $1,130,000 grants paid - 2022: $1,294,114 grants paid (five-year peak) - 2023: $1,035,367 grants paid (reflecting 2022 market volatility impact on assets) - 2024: approximately $1,200,000 (per 990PF filing, Grantable.co)
The foundation's payout rate hovers near the IRS-mandated 5% minimum. Net investment income provides the operational engine: $1.55M in 2021, $425K during the 2022 downturn, $881K in 2023, and $1.7M in 2024, reflecting an actively managed endowment now valued at $25.6M.
The grantee distribution is extremely concentrated. The Ebeid Family Fund at Schwab Charitable accounts for 91.4% of total documented grant activity — $5.28M across five grants, averaging $1.06M per grant — and serves as the pass-through vehicle for STEM and nursing scholarships. ProMedica Hospital Foundation received the only confirmed direct institutional grant ($500,000, representing 8.6% of total observed grant dollars). All documented recipients are Ohio-based.
There is no evidence of multi-year grant commitments, programmatic cycles with published windows, or grants below $500,000. The median documented grant is approximately $1.03M. No grants have been documented to arts, environmental, housing, or social service organizations.
Geographic concentration is entirely Ohio per IRS records, with strong Toledo and Northwest Ohio focus. The downstream CAAP scholarship program also extends to the greater Detroit metro, including Wayne State University, Kettering University, Michigan Tech University, and University of Michigan Dearborn — suggesting the foundation's effective geographic reach spans Ohio and southeast Michigan.
The following table compares Ebeid Family Foundation to four asset-comparable foundations identified in philanthropy databases. All peer foundations hold assets in the $25.6M range and are classified under Philanthropy & Grantmaking (NTEE T20).
| Foundation | State | Assets | Est. Annual Giving | Primary Focus | Application |
|---|---|---|---|---|---|
| Ebeid Family Foundation | OH | $25.6M | ~$1.1M | STEM education, healthcare (Toledo/NW Ohio) | Invitation only |
| Gatherer Family Foundation | CA | $25.6M | ~$1.3M | Philanthropy & Grantmaking | Not publicly known |
| Lintilhac Foundation | VT | $25.6M | ~$1.3M | Environment, energy, social justice (VT) | Open LOI process |
| Sankey Family Foundation | DE | $25.6M | ~$1.3M | Philanthropy & Grantmaking | Not publicly known |
| JPS Peace Love & Happiness Foundation | DE | $25.6M | ~$1.3M | Philanthropy & Grantmaking | Not publicly known |
Among these asset-comparable peers, the Ebeid Family Foundation is notable for its tight geographic focus on Northwest Ohio and its reliance on a donor-advised fund as the primary grantmaking vehicle — a structure that adds a layer of opacity for prospective grantees, since final recipients are not fully disclosed in the foundation's own 990 filings. The Lintilhac Foundation in Vermont is the most accessible peer in this cohort, operating a published LOI process with defined program areas; it offers a useful benchmark for what a similar-sized family foundation looks like when it actively seeks external applicants. Ebeid's annual giving rate (~4.3–5.1% of assets) is at or near the regulatory floor, consistent with a long-term stewardship philosophy. Its all-volunteer, all-family board structure means lower overhead but also limited bandwidth for developing new relationships compared to a professionally staffed peer of equivalent asset size.
No press releases, grant announcements, or leadership changes from 2025 or 2026 appear in public sources for the Ebeid Family Foundation. The foundation maintains no public web presence — its website at ebeid.org is password-protected and yields no publicly accessible content or news section.
The most recent confirmed financial activity comes from the foundation's 2024 IRS 990PF filing (reviewed via Grantable.co), showing $25.6M in total assets, $3.2M in annual revenue, $1.7M in net investment income, and approximately $1.2M directed to the Ebeid Family Fund at Schwab Charitable. This marks a rebound from the 2023 trough of $1.04M in grants paid and appears to reflect improved investment returns in 2024.
The related Ebeid Family Fund, managed through the Center for Arab American Philanthropy, has been the foundation's primary programmatic delivery vehicle. CAAP's most recent public reporting indicates the fund has distributed over $1,079,000 in scholarships to more than 300 students since its 2009 founding — now a 15+ year initiative without a major public relaunch or documented strategy shift.
The most significant historical milestone associated with the broader Ebeid family philanthropy in Toledo is a $28.5 million gift to ProMedica for a community health initiative — one of the largest single philanthropic commitments in Northwest Ohio history. The foundation's $500,000 direct grant to ProMedica Hospital Foundation (documented in 990 data) represents the confirmed foundation-level contribution, separate from the family's personal philanthropy. No new ProMedica-related grants or other direct institutional gifts appear in the most recent available data.
The most important fact about the Ebeid Family Foundation is that it does not operate as a traditional open grantmaker. Its preselected-only designation in philanthropy databases, its password-protected website, the absence of any published RFP or deadline, and its pattern of disbursing primarily through a donor-advised fund all indicate that unsolicited applications will not be received or evaluated.
For organizations that fit the profile — Ohio-based, focused on STEM education or healthcare, serving Toledo or greater Midwest communities — a relationship-first strategy is the only viable path:
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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.
Over the five-year period captured in IRS 990 data (2019–2023), the Ebeid Family Foundation disbursed a total of $5.40M in grants paid, averaging $1.08M per year. Total giving (including minor operating expenses) averaged $1.13M annually over the same period. Annual grant disbursements have trended upward with a modest 2023 pullback: - 2019: $912,056 grants paid - 2020: $1,025,542 grants paid - 2021: $1,130,000 grants paid - 2022: $1,294,114 grants paid (five-year peak) - 2023: $1,035,367 grants.
Ebeid Family Foundation has distributed a total of $5.8M across 6 grants. The median grant size is $1M, with an average of $963K. Individual grants have ranged from $500K to $1.3M.
The Ebeid Family Foundation is a private family trust governed exclusively by five members of the Ebeid family — Carolee, Carrie, Evon, Kevin, and Scott Ebeid — all serving without compensation. Founded in August 2017 and headquartered in Toledo, Ohio (5949 Telegraph Rd), the foundation operates as a tightly held philanthropic vehicle with a clear preference for pre-selected relationships over open solicitation. The contact listed in IRS records is "% Russell J. Ebeid," identifying the family pa.
Ebeid Family Foundation is headquartered in TOLEDO, OH.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kevin Ebeid | TRUSTEE | $0 | $0 | N/A |
| Carrie Ebeid | TRUSTEE | $0 | $0 | N/A |
| Evon Ebeid | TRUSTEE | $0 | $0 | N/A |
| Carolee Ebeid | TRUSTEE | $0 | $0 | N/A |
| Scott Ebeid | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$23.4M
Fair Market Value
$23.4M
Net Worth
$23.4M
Grants Paid
$1M
Contributions
$872K
Net Investment Income
$881K
Distribution Amount
$1.1M
Total: $23.4M
Total Grants
6
Total Giving
$5.8M
Average Grant
$963K
Median Grant
$1M
Unique Recipients
2
Most Common Grant
$1.3M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ebeid Family FundDONATION TO SCHWAB CHARITABLE | Toledo, OH | $1M | 2023 |
| Promedica Hospital FoundationDONATION TO CHARITABLE FOUNDATION | Toledo, OH | $500K | 2021 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH