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Margaret C Korbel Memorial Trust is a private trust based in CINCINNATI, OH. The foundation received its IRS ruling in 1994. The principal officer is Citizensnational Bank Trustee. It holds total assets of $510K. Annual income is reported at $375K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Indiana, Illinois and Oklahoma. According to available records, Margaret C Korbel Memorial Trust has made 4 grants totaling $40K, with a median grant of $10K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Indiana and Oklahoma. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$8K
Based on 4 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.
Margaret C Korbel Memorial Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IN, OK.
Margaret C Korbel Memorial Trust has distributed a total of $40K across 4 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $10K to $10K.
Margaret C Korbel Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
Margaret C Korbel Memorial Trust is headquartered in CINCINNATI, OH. While based in OH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fifth Third Bank N A | TRUSTEE | $8K | $0 | $8K |
Total Giving
$37K
Total Assets
$488K
Fair Market Value
$571K
Net Worth
$488K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$23K
Distribution Amount
$26K
Total: N/A
Total Grants
4
Total Giving
$40K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyANNUAL FUND | Indianapolis, IN | $10K | 2022 |
| American Cancer Society IncANNUAL FUND | Oklahoma City, OK | $10K | 2022 |
| Usi FoundationANNUAL FUND | Evansville, IN | $10K | 2022 |
| Evansville Assn For The BlindANNUAL FUND | Evansville, IN | $10K | 2022 |