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Founders Memorial Fund Of The American Sterilizer Company is a private trust based in MENTOR, OH. The foundation received its IRS ruling in 1940. The principal officer is Mike Tokich. It holds total assets of $1.3M. Annual income is reported at $123K. Total assets have decreased from $1.7M in 2011 to $1.3M in 2023. The foundation is governed by 3 officers and trustees. The foundation made 77 awards to students attending various colleges and universities. Tax records are available from 2020 to 2023. According to available records, Founders Memorial Fund Of The American Sterilizer Company has made 5 grants totaling $424K, with a median grant of $85K. The foundation has distributed between $84K and $170K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $170K distributed across 2 grants. Individual grants have ranged from $84K to $85K, with an average award of $85K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
The foundation made 80 awards to students attending various colleges and universities
Expenses: $85K
The foundation made 77 awards to students attending various colleges and universities. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OH.
Founders Memorial Fund Of The American Sterilizer Company has distributed a total of $424K across 5 grants. The median grant size is $85K, with an average of $85K. Individual grants have ranged from $84K to $85K.
The application deadline is May 15th annually. Awards made to american sterillizer company employee dependents.
Founders Memorial Fund Of The American Sterilizer Company is headquartered in MENTOR, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Renato Tomaro | TRUSTEE | $0 | $0 | N/A |
| Mike Tokich | TRUSTEE | $0 | $0 | N/A |
| Julia Kipnis | TRUSTEE | $0 | $0 | N/A |
Total Giving
$98K
Total Assets
$1.3M
Fair Market Value
$1.6M
Net Worth
$1.3M
Grants Paid
$85K
Contributions
N/A
Net Investment Income
$52K
Distribution Amount
$73K
Total: N/A
Total Grants
5
Total Giving
$424K
Average Grant
$85K
Median Grant
$85K
Unique Recipients
2
Most Common Grant
$85K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedSEE ATTACHED | Mentor, OH | $85K | 2023 |
| See Attachment See Attachmenteducation | See Attachment, OH | $84K | 2020 |