Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Elroy J Kulas Trust No 2 Cleveland Trust Co Ttee is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 1977. The principal officer is Keybank. It holds total assets of $4.7M. Annual income is reported at $581K. The foundation is governed by 1 officer or trustee. 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 2020 to 2023. The foundation primarily funds organizations in Ohio and New York. According to available records, Elroy J Kulas Trust No 2 Cleveland Trust Co Ttee has made 20 grants totaling $1M, with a median grant of $43K. Annual giving has grown from $251K in 2020 to $541K in 2022. Individual grants have ranged from $29K to $108K, with an average award of $51K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Ohio and Virginia and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$29K
Median Grant
$43K
Average Grant
$50K
Largest Grant
$108K
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.
Elroy J Kulas Trust No 2 Cleveland Trust Co Ttee primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in OH, VA, NY.
Elroy J Kulas Trust No 2 Cleveland Trust Co Ttee has distributed a total of $1M across 20 grants. The median grant size is $43K, with an average of $51K. Individual grants have ranged from $29K to $108K.
Elroy J Kulas Trust No 2 Cleveland Trust Co Ttee typically selects its grantees rather than accepting unsolicited proposals.
Elroy J Kulas Trust No 2 Cleveland Trust Co Ttee is headquartered in BROOKLYN, OH. While based in OH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank N A | TRUSTEE | $15K | $0 | $15K |
Total Giving
$244K
Total Assets
$4.5M
Fair Market Value
$4.7M
Net Worth
$4.5M
Grants Paid
$233K
Contributions
N/A
Net Investment Income
$55K
Distribution Amount
$221K
Total Grants
20
Total Giving
$1M
Average Grant
$51K
Median Grant
$43K
Unique Recipients
6
Most Common Grant
$43K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Baldwin Wallace UniversityUNRESTRICTED | Berea, OH | $101K | 2022 |
| American Fdn For The BlindUNRESTRICTED | Arlington, VA | $51K | 2022 |
| Cleveland Society For The BlindGENERAL OPERATING | Cleveland, OH | $51K | 2022 |
| Cleveland Institute Of MusicUNRESTRICTED | Cleveland, OH | $34K | 2022 |
| Cleveland Music School SettlementUNRESTRICTED | Cleveland, OH | $34K | 2022 |
| Baldwin Wallace CollegeUNRESTRICTED | Berea, OH | $87K | 2021 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH