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Rita Barbour Kern Foundation is a private corporation based in TOLEDO, OH. The foundation received its IRS ruling in 2015. The principal officer is David C Krock. It holds total assets of $19.5M. Annual income is reported at $3.2M. Total assets have grown from $2M in 2014 to $19.7M in 2023. The foundation is governed by 5 officers and trustees. N/A no direct charitable activities. 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 Vermont. According to available records, Rita Barbour Kern Foundation has made 6 grants totaling $2.3M, with a median grant of $384K. Individual grants have ranged from $10K to $765K, with an average award of $386K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Ohio and Vermont. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$400K
Average Grant
$329K
Largest Grant
$566K
Based on 3 grants from the most recent 990-PF filing.
N/A no direct charitable activities
N/A no direct charitable activities. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in OH, VT.
Rita Barbour Kern Foundation has distributed a total of $2.3M across 6 grants. The median grant size is $384K, with an average of $386K. Individual grants have ranged from $10K to $765K.
Rita Barbour Kern Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rita Barbour Kern Foundation is headquartered in TOLEDO, OH. While based in OH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David C Krock | Trustee | $8K | $0 | $8K |
| Roger Berkowitz | Trustee | $8K | $0 | $8K |
| Nancy E Hibbert | Trustee | $5K | $0 | $5K |
| Carolyn M Putney | Trustee | $5K | $0 | $5K |
| Nan L Wallace | Trustee | $5K | $0 | $5K |
Total Giving
$1.3M
Total Assets
$19.7M
Fair Market Value
$24.4M
Net Worth
$19.7M
Grants Paid
$1.1M
Contributions
N/A
Net Investment Income
$788K
Distribution Amount
$1.1M
Total: $15.2M
Total Grants
6
Total Giving
$2.3M
Average Grant
$386K
Median Grant
$384K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Toledo Museum Of ArtGift to qualified charitable organization pursuant to the terms of the Foundation | Toledo, OH | $765K | 2022 |
| Toledo Orchestra AssociationGift to qualified charitable organization pursuant to the terms of the Foundation | Toledo, OH | $384K | 2022 |
| Dorset Village LibraryGift to qualified charitable organizatio pursuant to the terms of the Foundation. | Dorset, VT | $10K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH