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Grace L Schouten Memorial Fund is a private trust based in CINCINNATI, OH. The foundation received its IRS ruling in 2019. The principal officer is Heidi Jark. It holds total assets of $411K. Annual income is reported at $278K. Total assets have grown from $298K in 2019 to $409K in 2023. 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 2018 to 2023. Grantmaking is concentrated in Michigan. According to available records, Grace L Schouten Memorial Fund has made 6 grants totaling $48K, with a median grant of $8K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$8K
Based on 3 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.
Grace L Schouten Memorial Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MI.
Grace L Schouten Memorial Fund has distributed a total of $48K across 6 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $8K to $8K.
Grace L Schouten Memorial Fund typically selects its grantees rather than accepting unsolicited proposals.
Grace L Schouten Memorial Fund is headquartered in CINCINNATI, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fifth Third Bank N A | TRUSTEE | $7K | $0 | $7K |
Total Giving
$28K
Total Assets
$409K
Fair Market Value
$423K
Net Worth
$409K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$145K
Distribution Amount
$18K
Total Grants
6
Total Giving
$48K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
3
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grand Rapids Public MuseumANNUAL FUND | Grand Rapids, MI | $8K | 2022 |
| Grand Rapids Community FoundationANNUAL FUND | Grand Rapids, MI | $8K | 2022 |
| Grand Rapids Public LibraryANNUAL FUND | Grand Rapids, MI | $8K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH