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Jochum Charitable Foundation Inc. is a private corporation based in CLEVELAND, OH. The foundation received its IRS ruling in 2001. The principal officer is David J Hessler. It holds total assets of $4.8M. Annual income is reported at $2.9M. Total assets have grown from $2M in 2011 to $4.3M in 2023. The foundation is governed by 4 officers and trustees. 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 2016 to 2023. According to available records, Jochum Charitable Foundation Inc. has made 5 grants totaling $1.2M, with a median grant of $230K. Annual giving has grown from $431K in 2020 to $543K in 2022. Individual grants have ranged from $192K to $271K, with an average award of $233K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
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.
Jochum Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OH.
Jochum Charitable Foundation Inc. has distributed a total of $1.2M across 5 grants. The median grant size is $230K, with an average of $233K. Individual grants have ranged from $192K to $271K.
Jochum Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jochum Charitable Foundation Inc. is headquartered in CLEVELAND, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emma E Jochum | TTEE/PRES | $0 | $0 | N/A |
| David J Hessler | SEC/TREAS/TTEE | $0 | $0 | N/A |
| David Buegler | TTEE | $0 | $0 | N/A |
| Stephanie E Lankhorst | TTEE | $0 | $0 | N/A |
Total Giving
$324K
Total Assets
$4.3M
Fair Market Value
$6M
Net Worth
$4.3M
Grants Paid
$263K
Contributions
N/A
Net Investment Income
$664K
Distribution Amount
$272K
Total: $4.1M
Total Grants
5
Total Giving
$1.2M
Average Grant
$233K
Median Grant
$230K
Unique Recipients
2
Most Common Grant
$271K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cleveland Lutheran High School AssociationGENERAL | Rocky River, OH | $271K | 2022 |
| Jochum Charitable Foundation Fund Co Community West FoundationGENERAL | Westlake, OH | $201K | 2020 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH