Ab Cord Charitable Foundation Tr Nect 001576
Ab Cord Charitable Foundation Tr Nect 001576 is a private foundation located in Cincinnati, Ohio. Its 2024 filing reports 37 grants totaling $90,035 to organizations including a college, health and human-services organizations, and cultural and conservation groups.
Ab Cord Charitable Foundation Tr Nect 001576 at a glance
In short: Ab Cord Charitable Foundation Tr Nect 001576 gave $90K across 37 grants in 2024 (avg $2K), mostly in Ohio. 3% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $90,035
- -8.3% vs 2023
- Grants made (2024)
- 37
- -7.5% vs 2023
- Average grant
- $2,433
- -0.8% vs 2023
- Median grant
- $1,500
- Total assets
- $1,248,657
- +2.5% vs 2023
- New grantees (estimate)
- 3% first-time grantees (1 of 37, 2024)
- Primary geography
- Ohio (50% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Ab Cord Charitable Foundation Tr Nect 001576
- How to Apply
-
The foundation states that requests should be submitted in letter form and lists R M Keyes as the contact. It does not restrict giving to preselected organizations; restrictions on awards are listed as none.
- Contact
Application contact: R M Keyes
Mailing address: 4125 Hamilton Avenue, Cincinnati, OH 45223
Phone: (513) 542-7800
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ab Cord Charitable Foundation Tr Nect 001576 funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Sweet Briar College ($15K). Together the top 10 received $53K.
Grant Size Distribution
157 grants across all recorded years
The most common grant size was under $50K: 157 grants of 157 (100%).
Geographic Focus
Where this funder awards grants
In 2024, Ohio recipients received 50% of grant dollars, followed by Virginia (17%), New York (10%), Texas (7%), and Florida (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 37 itemized grants.
States
Cities
Is Ab Cord Charitable Foundation Tr Nect 001576 open to new grantees?
3%
first-time grantees, 2024
In 2024, 1 of 37 grantees (3%) were first-time recipients. First grants averaged $1K; repeat grants $2K. How we count
Medians: $1K first-time, $2K repeat.
- 97% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+9%). Method
- In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $83K (2021) to $98K (2023). In 2024 it made 37 grants totaling $90K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sweet Briar College Sweet Briar, VA | Program Support | $15,000 |
| The Menninger Clinic Houston, TX | Program Support | $5,000 |
| Wounded Warriors Project Jackksonville, FL | Program Support | $5,000 |
| The Cincinnati Zoo & Botanical Garden Cincinnati, OH | Program Support | $5,000 |
| Georgetown University Law Center Washington, DC | Program Support | $5,000 |
| Tunnel to Towers Staten Island, NY | Program Support | $5,000 |
| Mary Jo Cropper Family Center Montgomery, OH | Program Support | $4,000 |
| Freestore Foodbank Cincinnati, OH | Program Support | $3,000 |
| Uc Health Foundation Cincinnati, OH | Program Support | $3,000 |
| Women's Art Club of Cincinnati Cincinnati, OH | Excellence Fund | $2,535 |
Ready to take the next step with Ab Cord Charitable Foundation Tr Nect 001576?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,248,657 | $141,249 | $111,213 | $90,035 | 37 | $101,517 | $132,605 | $114,111 |
| 2023 | $1,218,658 | $83,760 | $120,147 | $98,144 | 40 | $108,452 | $75,516 | $103,522 |
| 2022 | $1,256,415 | $175,640 | $119,459 | $98,144 | 40 | $109,587 | $167,022 | $106,408 |
| 2021 | $1,200,246 | $94,388 | $106,208 | $82,580 | 40 | — | $85,988 | $110,670 |
Under IRS private-foundation payout rules, Ab Cord Charitable Foundation Tr Nect 001576 reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations. For example, Freestore Foodbank describes its mission as improving lives by eliminating hunger in partnership with its community; UC Health Foundation says it supports work in prevention, treatment, education, and research; and Guiding Eyes for the Blind says it provides guide dogs to people with vision loss. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation made 37 grants totaling $90,035. Grant amounts ranged from $1,000 to $15,000, with a median grant of $1,500. The largest award was $15,000 to Sweet Briar College for program support. Other notable grants included $5,000 each to The Menninger Clinic, Wounded Warriors Project, the Cincinnati Zoo & Botanical Garden, Georgetown University Law Center, and Tunnel to Towers. Freestore Foodbank and UC Health Foundation each received $3,000.
Leadership & Key People
Leadership team and compensation from IRS filings
North Side Bank Trust Company is listed as trustee on the 2024 filing.
Ab Cord Charitable Foundation Tr Nect 001576's only listed officer is North Side Bank Trust Company, Trustee on every filing since 2021 (compensated).
Officers on the 2024 filing
North Side Bank Trust Company
Trustee
On filings since 2021
2 hrs/week
$13K (2021) → $13K (2024)
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $13K, to North Side Bank Trust Company (Trustee).
Frequently asked questions about Ab Cord Charitable Foundation Tr Nect 001576
How much does Ab Cord Charitable Foundation Tr Nect 001576 give each year?
Ab Cord Charitable Foundation Tr Nect 001576 gave $90K across 37 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $98K across 40 grants.
What is Ab Cord Charitable Foundation Tr Nect 001576's typical grant size?
Ab Cord Charitable Foundation Tr Nect 001576's median grant in 2024 was $1,500, and its average grant was $2,433, across 37 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Ab Cord Charitable Foundation Tr Nect 001576 that year got $1K on average.
Where does Ab Cord Charitable Foundation Tr Nect 001576 give grants?
Ab Cord Charitable Foundation Tr Nect 001576 gives mostly in Ohio: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Virginia (17%) and New York (10%). The most frequent recipient cities were Cincinnati, OH (20 grants) and Lebanon, OH (2 grants).
Does Ab Cord Charitable Foundation Tr Nect 001576 give general operating support?
Not in 2024: none of the 37 grants with a stated purpose on Ab Cord Charitable Foundation Tr Nect 001576's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (35 grants).
Who are Ab Cord Charitable Foundation Tr Nect 001576's largest grantees?
Ab Cord Charitable Foundation Tr Nect 001576's largest 2024 grantees include Sweet Briar College ($15,000), The Menninger Clinic ($5,000) and Wounded Warriors Project ($5,000), according to its 2024 IRS Form 990-PF. Together they received 28% of its itemized 2024 grant dollars.
How large is Ab Cord Charitable Foundation Tr Nect 001576?
Ab Cord Charitable Foundation Tr Nect 001576 reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $102K in qualifying distributions that year, against a required minimum of $114K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Ab Cord Charitable Foundation Tr Nect 001576 fund?
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations. See mission & focus areas ↑
How do I apply for a grant from Ab Cord Charitable Foundation Tr Nect 001576?
The foundation states that requests should be submitted in letter form and lists R M Keyes as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ab Cord Charitable Foundation Tr Nect 001576's EIN?
Ab Cord Charitable Foundation Tr Nect 001576's EIN (Employer Identification Number) is 31-6016786. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Ab Cord Charitable Foundation Tr Nect 001576 funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/ab-cord-charitable-foundation-tr-nect-001576-morg_24737ccc701f4196bb31e86f14bafdba
BibTeX
@misc{grantable_316016786_2026,
author = {{Grantable}},
title = {{Ab Cord Charitable Foundation Tr Nect 001576 funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ab-cord-charitable-foundation-tr-nect-001576-morg_24737ccc701f4196bb31e86f14bafdba},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Ab Cord Charitable Foundation Tr Nect 001576's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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