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The Generation Trust is a private trust based in CINCINNATI, OH. The foundation received its IRS ruling in 1986. The principal officer is Fifth Third Bank. It holds total assets of $19.8M. Annual income is reported at $5M. Total assets have decreased from $24.8M in 2011 to $19.8M in 2024. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, The Generation Trust has made 24 grants totaling $16.5M, with a median grant of $40K. Annual giving has decreased from $865K in 2020 to $135K in 2023. Grantmaking activity was highest in 2022 with $15.4M distributed across 10 grants. Individual grants have ranged from $10K to $7M, with an average award of $686K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Ohio, Georgia, Missouri, which account for 29% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
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 Generation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in OH, GA, MO.
The Generation Trust has distributed a total of $16.5M across 24 grants. The median grant size is $40K, with an average of $686K. Individual grants have ranged from $10K to $7M.
The Generation Trust typically selects its grantees rather than accepting unsolicited proposals. Grants are paid to christian organizations pursuant to the governing instrument.
The Generation Trust is headquartered in CINCINNATI, OH. While based in OH, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carolyn Beckett | EXECUTIVE DIR | $58K | $0 | $58K |
| Fifth Third Bank N A | TRUSTEE | $52K | $0 | $52K |
| Kevin Beckett | ADVISOR | $0 | $0 | N/A |
| Wendy Beckett | ADVISOR | $0 | $0 | N/A |
| John D Beckett | ADVISOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$19.8M
Fair Market Value
N/A
Net Worth
$19.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$16.5M
Average Grant
$686K
Median Grant
$40K
Unique Recipients
12
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Editorial ClieEDUCATION | Terrassa | $55K | 2023 |
| Int'L Outreach MinisitriesRELIGIOUS | Mccomb, MO | $40K | 2023 |
| Forsamlingen BetelEDUCATION | Vagnharad | $30K | 2023 |
| EndpovertyorgRELIGIOUS | Oakton, VA | $10K | 2023 |
| In His Steps FoundationPROGRAM/PROJECT SUPPORT | Independence, OH | $7M | 2022 |
| National Christian Charitable FoundationGENERAL | Alpharetta, GA | $600K | 2022 |
| Charles Simpson MinistriesRELIGIOUS | Mobile, AL | $15K | 2022 |
| Generation Trust Harvest Fund DafEDUCATION | Cincinnati, OH | $600K | 2020 |
| Ceo ForumRELIGIOUS | Colorado Springs, CO | $40K | 2020 |
| Theology Of Work Project IncRELIGIOUS | Cambridge, MA | $30K | 2020 |
| Le Rucher Mercy MinistriesGENERAL FUNDING SUPPORT | Seattle, WA | $30K | 2020 |
| Sat-7RELIGIOUS | Easton, MD | $10K | 2020 |