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Emerald Foundation is a private corporation based in WESTLAKE, OH. The foundation received its IRS ruling in 2015. It holds total assets of $224K. Annual income is reported at $44K. Total assets have grown from $50K in 2015 to $234K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of health. 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 York. According to available records, Emerald Foundation has made 35 grants totaling $43K, with a median grant of $1K. Annual giving has grown from $13K in 2020 to $30K in 2022. Individual grants have ranged from $300 to $5K, with an average award of $1K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Ohio, New York, Virginia, which account for 86% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 11 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.
Emerald Foundation primarily funds organizations in the area of health. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in OH, NY, VA.
Emerald Foundation has distributed a total of $43K across 35 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $300 to $5K.
Emerald Foundation typically selects its grantees rather than accepting unsolicited proposals.
Emerald Foundation is headquartered in WESTLAKE, OH. While based in OH, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keith Martinet | DIRECTOR | $0 | $0 | N/A |
| Kris Gerish | MANAGING DIR | $0 | $0 | N/A |
| Matthew Gerish | DIRECTOR | $0 | $0 | N/A |
| Jeffrey Gerish | DIRECTOR | $0 | $0 | N/A |
| Jennifer Gerish | DIRECTOR | $0 | $0 | N/A |
| James Gerish | DIRECTOR | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$234K
Fair Market Value
$249K
Net Worth
$227K
Grants Paid
$20K
Contributions
$25K
Net Investment Income
$3K
Distribution Amount
$11K
Total: $149K
Total Grants
35
Total Giving
$43K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
19
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Museum Of The Great LakesCHARITY | Toledo, OH | $5K | 2022 |
| Empower SportsCHARITY | Cleveland, OH | $2K | 2022 |
| Galapagos ConservancyCHARITY | Fairfax, VA | $2K | 2022 |
| American Heart AssociationCHARITY | Cleveland, OH | $1K | 2022 |
| Community Foundation Of Lorain CntyCHARITY | Elyria, OH | $1K | 2022 |
| Tunnel To Towers FoundationCHARITY | Staten Island, NY | $1K | 2022 |
| Doctors Without BordersCHARITY | New York, NY | $1K | 2022 |
| Maple Leaf Community Residences IncCHARITY | Chardon, OH | $1K | 2022 |
| It Takes A Village Canine RescueCHARITY | Evansville, IN | $500 | 2022 |
| Empire State RideCHARITY | Buffalo, NY | $500 | 2022 |
| Feedmore Western New York IncCHARITY | Buffalo, NY | $500 | 2022 |
| PelotoniaCHARITY | Columbus, OH | $500 | 2022 |
| Lcjvs Educational FoundationCHARITY | Oberlin, OH | $3K | 2020 |
| Cleveland Clinic FoundationCHARITY | Cleveland, OH | $2K | 2020 |
| Hydrocephalus AssociationCHARITY | Bethesda, MD | $2K | 2020 |
| Upside Of Downs Of Northeast OhioCHARITY | Independence, OH | $2K | 2020 |
| Down Syndrome Diagnosis NetworkCHARITY | Stillwater, MN | $1K | 2020 |
| Freedom A La CartCHARITY | Columbus, OH | $500 | 2020 |
| Harbor House Of Central FloridaCHARITY | Orlando, FL | $300 | 2020 |