//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Walter W And Thelma M Born Foundation is a private trust based in COLUMBUS, OH. The foundation received its IRS ruling in 2004. The principal officer is Firstmerit Bank N A. It holds total assets of $5.1M. Annual income is reported at $2.6M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Ohio. According to available records, Walter W And Thelma M Born Foundation has made 17 grants totaling $940K, with a median grant of $50K. The foundation has distributed between $197K and $526K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $526K distributed across 10 grants. Individual grants have ranged from $15K to $98K, with an average award of $55K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$51K
Average Grant
$49K
Largest Grant
$80K
Based on 4 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.
Walter W And Thelma M Born Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in OH.
Walter W And Thelma M Born Foundation has distributed a total of $940K across 17 grants. The median grant size is $50K, with an average of $55K. Individual grants have ranged from $15K to $98K.
Funds must be used for specifically designated projects or equipment which is intended to maintain or improve the quality of patient care.
Walter W And Thelma M Born Foundation is headquartered in COLUMBUS, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Huntington National Bank | TRUSTEE | $59K | $0 | $59K |
Total Giving
$279K
Total Assets
$5.1M
Fair Market Value
$5.6M
Net Worth
$5.1M
Grants Paid
$218K
Contributions
N/A
Net Investment Income
$342K
Distribution Amount
$264K
Total Grants
17
Total Giving
$940K
Average Grant
$55K
Median Grant
$50K
Unique Recipients
9
Most Common Grant
$50K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Akron General Medical CenterGENERAL OPERATING | Independence, OH | $98K | 2024 |
| Summa Health SystemPURCHASE SURGICAL MACHINES | Akron, OH | $75K | 2024 |
| Metrohealth Foundation IncGENERAL OPERATING | Cleveland, OH | $45K | 2024 |
| Aultman HospitalGENERAL SUPPORT | Canton, OH | $68K | 2023 |
| Cleveland Clinic - Medina HospitalGENERAL SUPPORT | Medina, OH | $50K | 2023 |
| University Hospitals Parma MedicalGENERAL SUPPORT | Cleveland, OH | $50K | 2023 |
| Akron Children'S HospitalFOR SPECIAL EQUIPMENT | Akron, OH | $45K | 2023 |
| Cleveland Clinic Akron GeneralCONSTRUCT COVID-19 TESTING | Medina, OH | $52K | 2021 |
| Aultman Health FoundationGENERAL SUPPORT | Canton, OH | $15K | 2021 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH