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Psalms Foundation is a private corporation based in CINCINNATI, OH. The foundation received its IRS ruling in 1995. It holds total assets of $826K. Annual income is reported at $1.8M. Total assets have grown from $8K in 2011 to $460K in 2023. The foundation is governed by 2 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. The foundation primarily funds organizations in Ohio and Florida. According to available records, Psalms Foundation has made 54 grants totaling $10.9M, with a median grant of $148K. Annual giving has grown from $1.7M in 2020 to $9.2M in 2022. Individual grants have ranged from $5K to $750K, with an average award of $202K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Ohio, District of Columbia, New York, which account for 57% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$55K
Average Grant
$143K
Largest Grant
$500K
Based on 12 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.
Psalms Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 54 grants. Its grantmaking reaches organizations primarily in OH, DC, NY.
Psalms Foundation has distributed a total of $10.9M across 54 grants. The median grant size is $148K, with an average of $202K. Individual grants have ranged from $5K to $750K.
Psalms Foundation typically selects its grantees rather than accepting unsolicited proposals.
Psalms Foundation is headquartered in CINCINNATI, OH. While based in OH, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carl H Lindner Iii | PRES/TREAS/TRUSTEE | $0 | $0 | N/A |
| Martha S Lindner | VP/SECRETARY/TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$460K
Fair Market Value
$23.3M
Net Worth
$460K
Grants Paid
$1.1M
Contributions
$4M
Net Investment Income
$1.3M
Distribution Amount
$955K
Total Grants
54
Total Giving
$10.9M
Average Grant
$202K
Median Grant
$148K
Unique Recipients
24
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityHUMAN PERFORMANCE LAB INITIATIVE IN SPINE SURGERY FUND | New York, NY | $750K | 2022 |
| World Sports IncGENERAL FUND | Bonita Springs, FL | $430K | 2022 |
| John F Kennedy Center For The Performing ArtsGENERAL FUND | Washington, DC | $425K | 2022 |
| University Of Cincinnati FoundationNIPPERT STADIUM EXPANSION FUND & MATTHEW B LINDNER AND MICHAEL PRIVITERA, MD ENDOWED CHAIR OF THE UC EPILEPSY CENTER FUND | Cincinnati, OH | $350K | 2022 |
| Call Of Love IncGENERAL FUND | Cincinnati, OH | $350K | 2022 |
| Horizon Community ChurchGENERAL FUND | Cincinnati, OH | $320K | 2022 |
| Illuminations FoundationASIA AND THE MIDDLE EAST | Alpharetta, GA | $250K | 2022 |
| First Liberty InstituteGENERAL FUND | Plano, TX | $250K | 2022 |
| Alliance Defending FreedomGENERAL FUND | Scottsdale, AZ | $250K | 2022 |
| Accelerate Great SchoolsGREAT SCHOOLS FOR ALL KIDS CAMPAIGN | Cincinnati, OH | $200K | 2022 |
| Fc Cincinnati FoundationGENERAL FUND | Cincinnati, OH | $200K | 2022 |
| Cincinnati Hills Christian AcademyGENERAL FUND | Cincinnati, OH | $170K | 2022 |
| Ocean Reef Chapel FoundationGENERAL FUND | Key Largo, FL | $100K | 2022 |
| Center For Christian VirtueGENERAL FUND | Columbus, OH | $100K | 2022 |
| Life Issues InstituteGENERAL FUND | Florence, KY | $100K | 2022 |
| Mission EurasiaGIFT OF HOPE CAMPAIGN | Wheaton, IL | $80K | 2022 |
| United States Soccer FederationRECOVERY EQUIPMENT | Chicago, IL | $80K | 2022 |
| Greater Cincinnati Film CommissionGENERAL FUND | Cincinnati, OH | $25K | 2022 |
| Campus Crusade For ChristLARRY AND DEBBY THOMPSON SUPPORT | Orlando, FL | $10K | 2022 |
| United Way Of Greater CincinnatiGENERAL FUND | Cincinnati, OH | $100K | 2020 |
| Sustainable Medical MissionsGENERAL FUND | Cincinnati, OH | $60K | 2020 |
| The Prayer Covenant IncGENERAL FUND | Mason, OH | $50K | 2020 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH