Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Harold K & Myrtle C Folk Charitable Foundation is a private corporation based in CLEVELAND, OH. The foundation received its IRS ruling in 1983. The principal officer is George D Vaul. It holds total assets of $519K. Annual income is reported at $82K. Total assets have decreased from $1.5M in 2010 to $563K in 2022. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Ohio. According to available records, Harold K & Myrtle C Folk Charitable Foundation has made 67 grants totaling $1.1M, with a median grant of $2K. The foundation has distributed between $95K and $898K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $898K distributed across 9 grants. Individual grants have ranged from $100 to $767K, with an average award of $16K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Ohio, Oregon, Hawaii, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$4K
Largest Grant
$14K
Based on 26 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.
Harold K & Myrtle C Folk Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in OH, OR, HI.
Harold K & Myrtle C Folk Charitable Foundation has distributed a total of $1.1M across 67 grants. The median grant size is $2K, with an average of $16K. Individual grants have ranged from $100 to $767K.
Harold K & Myrtle C Folk Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Harold K & Myrtle C Folk Charitable Foundation is headquartered in CLEVELAND, OH. While based in OH, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Daverio | PRESIDENT/TRUSTEE | $8K | $0 | $8K |
| David Reyes | VP/TRUSTEE | $0 | $0 | N/A |
Total Giving
$52K
Total Assets
$563K
Fair Market Value
$715K
Net Worth
$563K
Grants Paid
$43K
Contributions
N/A
Net Investment Income
$23K
Distribution Amount
$34K
Total: $540K
Total Grants
67
Total Giving
$1.1M
Average Grant
$16K
Median Grant
$2K
Unique Recipients
34
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Akron FoundationGENERAL | Akron, OH | $14K | 2022 |
| St Vincent De Paul ChurchGENERAL | Akron, OH | $11K | 2022 |
| Regina Health CenterGENERAL | Richfield, OH | $10K | 2022 |
| Summa Health FoundationGENERAL | Akron, OH | $3K | 2022 |
| Sacret Art Of Living CenterGENERAL | Bend, OR | $2K | 2022 |
| Fairlawn C C Scholarship FundSCHOLARSHIP FUND | Akron, OH | $1K | 2022 |
| Crown Pt Ecology CtrGENERAL | Akron, OH | $1K | 2022 |
| Stewart Caring PlaceGENERAL | Fairlawn, OH | $1K | 2022 |
| Akron Art MuseumGENERAL | Akron, OH | $1K | 2022 |
| American Lung AssociationGENERAL | Independence, OH | $1K | 2022 |
| Akron Rotary CampGENERAL | Akron, OH | $1K | 2022 |
| Akron Community FoundationGENERAL | Akron, OH | $1K | 2022 |
| Center For Respite CareGENERAL | Cincinnati, OH | $500 | 2022 |
| Open MGENERAL | Akron, OH | $500 | 2022 |
| Friends Of Metro ParksGENERAL | Westerville, OH | $100 | 2022 |
| Stan Hywett Hall & GardensGENERAL | Akron, OH | $100 | 2022 |
| St Ignatius High SchoolSCHOLARSHIP FUND | Cleveland, OH | $767K | 2021 |
| St Bernadette ChurchGENERAL | Westlake, OH | $90K | 2021 |
| Jennings Center For Older AdultsGENERAL | Garfield Heights, OH | $170 | 2021 |
| Urban Community SchoolGENERAL | Cleveland, OH | $5K | 2020 |
| Help FoundationGENERAL | Euclid, OH | $5K | 2020 |
| Malachi HouseGENERAL | Cleveland, OH | $5K | 2020 |
| Westside Catholic CenterGENERAL | Cleveland, OH | $5K | 2020 |