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The Cerel Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $270K. Annual income is reported at $156K. Total assets have decreased from $359K in 2011 to $270K in 2023. The foundation is governed by 3 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 2019 to 2023. The foundation primarily funds organizations in Kentucky and Texas. According to available records, The Cerel Family Foundation has made 15 grants totaling $77K, with a median grant of $4K. The foundation has distributed between $18K and $32K annually from 2021 to 2023. Individual grants have ranged from $1K to $15K, with an average award of $5K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Kentucky and Texas and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$6K
Largest Grant
$20K
Based on 6 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.
The Cerel Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in KY, TX, PA.
The Cerel Family Foundation has distributed a total of $77K across 15 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $1K to $15K.
The Cerel Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Cerel Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julie Cerel Phd | VP | $0 | $0 | N/A |
| Janet C Cerel | Pres, Dir, Sec | $0 | $0 | N/A |
| Sylvia Cerel-Suhl Md | VP | $0 | $0 | N/A |
Total Giving
$39K
Total Assets
$270K
Fair Market Value
$551K
Net Worth
$270K
Grants Paid
$27K
Contributions
N/A
Net Investment Income
$41K
Distribution Amount
$25K
Total: $257K
Total Grants
15
Total Giving
$77K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple Adath IsraelGeneral & Unrestricted | Lexington, KY | $15K | 2023 |
| American Heart Association IncGeneral & Unrestricted | Dallas, TX | $5K | 2023 |
| Gods Pantry Food Bank IncGeneral & Unrestricted | Lexington, KY | $3K | 2023 |
| Sayre SchoolGeneral & Unrestricted | Lexington, KY | $2K | 2023 |
| Lexarts IncGeneral & Unrestricted | Lexington, KY | $2K | 2023 |
| American Heart AssociationGeneral & Unrestricted | Lexington, KY | $5K | 2022 |
| Jewish Federation Of The Bluegrass IncGeneral & Unrestricted | Lexington, KY | $6K | 2021 |
| The Against Malaria FoundationGeneral & Unrestricted | Philadelphia, PA | $1K | 2021 |