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Marion G Resch Foundation is a private corporation based in YOUNGSTOWN, OH. The foundation received its IRS ruling in 1998. The principal officer is Atty Tom Wilson. It holds total assets of $19.2M. Annual income is reported at $8.4M. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Ohio and Pennsylvania. According to available records, Marion G Resch Foundation has made 37 grants totaling $7.2M, with a median grant of $170K. The foundation has distributed between $1.4M and $2.8M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.8M distributed across 16 grants. Individual grants have ranged from $50K to $400K, with an average award of $194K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Ohio and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$105K
Median Grant
$225K
Average Grant
$219K
Largest Grant
$375K
Based on 7 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.
Marion G Resch Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in OH, PA.
Marion G Resch Foundation has distributed a total of $7.2M across 37 grants. The median grant size is $170K, with an average of $194K. Individual grants have ranged from $50K to $400K.
Funds are to be granted to colleges and other institutions of higher learning located within one hundred miles of youngstown, ohio.
Marion G Resch Foundation is headquartered in YOUNGSTOWN, OH. While based in OH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephanie Shaw | EXECUTIVE DIRECTOR | $33K | $0 | $33K |
| Madeline Patton Shivers | TRUSTEE | $0 | $0 | N/A |
| Patrick Manning | TRUSTEE | $0 | $0 | N/A |
| John J Rindy | TRUSTEE | $0 | $0 | N/A |
| Ingrid Lundquist | CHAIR | $0 | $0 | N/A |
| Kevin Chiu | TREASURER | $0 | $0 | N/A |
| Jacci Johnson As Of 62022 | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$19.8M
Fair Market Value
$28.1M
Net Worth
$19.8M
Grants Paid
$1.4M
Contributions
N/A
Net Investment Income
$1.7M
Distribution Amount
$1.3M
Total: $19M
Total Grants
37
Total Giving
$7.2M
Average Grant
$194K
Median Grant
$170K
Unique Recipients
8
Most Common Grant
$400K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Youngstown State UniversityEDUCATIONAL GRANTS | Youngstown, OH | $400K | 2023 |
| Westminster CollegeEDUCATIONAL GRANTS | New Wilmington, PA | $221K | 2023 |
| College Of WoosterEDUCATIONAL GRANTS | Wooster, OH | $198K | 2023 |
| Thiel CollegeEDUCATIONAL GRANTS | Greenville, PA | $195K | 2023 |
| Mount Union UniversityEDUCATIONAL GRANTS | Alliance, OH | $168K | 2023 |
| Lake Erie CollegeEDUCATIONAL GRANTS | Painesville, OH | $149K | 2023 |
| Kent State UniversityEDUCATIONAL GRANTS | Kent, OH | $85K | 2023 |
| Penn State UniversityEDUCATIONAL GRANTS | Sharon, PA | $50K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH