Albert J Weatherhead Estate Trust

MAYFIELD HEIGHTS, OH EIN: 34-6580925

Albert J Weatherhead Estate Trust is a private foundation, based in MAYFIELD HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $174.1M in total assets. In 2024, it awarded 1 grants totaling $7.6M. Net investment income was $6.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$174.1M

+9.8% YoY

Annual Giving

$7.6M

-1.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7.6M

-1.1% YoY

Under IRS private-foundation payout rules, Albert J Weatherhead Estate Trust reported a distributable amount of $8.3M for 2024 — the minimum it must pay out in qualifying distributions.

About Albert J Weatherhead Estate Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $35.6M (100%)

States

Ohio

Cities

Mayfield Heights

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$174,124,699	$158,526,085	$134,058,744
Revenue	$7,985,605	$11,671,426	$2,504,188
Expenses	$9,622,330	$9,343,011	$9,210,626
Qualifying Distributions	$7,802,855	$7,860,615	$7,282,135
Net Investment Income	$6,195,419	$10,039,605	$433,188
Distributable Amount	$8,298,157	$7,188,154	$7,263,035

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Weatherhead Foundation ($7,615,381).

Recipient	Purpose	Amount
THE WEATHERHEAD FOUNDATION MAYFIELD HEIGHTS, OH	TO AID THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE.	$7,615,381

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HAWTHORN- MEMBER OF PNC FINANCIAL S	TRUSTEE/ CUSTODIAN	—	—
THE WEATHERHEAD FOUNDATION	TRUSTEE	—	—

Frequently Asked Questions

How large is Albert J Weatherhead Estate Trust?

As of 2024, Albert J Weatherhead Estate Trust holds $174.1M in total assets with $8.0M in annual revenue. It awarded 1 grants totaling $7.6M in 2024.

Where does Albert J Weatherhead Estate Trust operate?

Albert J Weatherhead Estate Trust has awarded grants in Ohio.

What size grants does Albert J Weatherhead Estate Trust award?

In 2024, Albert J Weatherhead Estate Trust awarded 1 grants totaling $7.6M — an average of about $7.6M per grant, based on its IRS Form 990 filings.

How much is Albert J Weatherhead Estate Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert J Weatherhead Estate Trust reported a distributable amount of $8.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Albert J Weatherhead Estate Trust's EIN?

Albert J Weatherhead Estate Trust's EIN (Employer Identification Number) is 34-6580925. IRS Form 990 filing data is available on this page for 2020–2024.