C & E Frey FBO Philippus Church US Bank

Private foundation · Grantmaker Milwaukee, WI EIN: 31-6235371

C & E Frey FBO Philippus Church US Bank is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2019 through 2023. In 2023, it awarded 7 grants totaling $65K. Net investment income was $887.

Key facts about C & E Frey FBO Philippus Church US Bank

In short: C & E Frey FBO Philippus Church US Bank gave $65K across 7 grants in 2023 (avg $9K), mostly in Ohio. Source: 2023 IRS Form 990-PF.

EIN
31-6235371
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$65,443
Grants made (2023)
7
Average grant
$9,349
Median grant
$9,349
Primary geography
Ohio (57% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$65K

+2828.1% YoY

Grant Count

7

+600.0% YoY

Avg Grant Size

$9K

+318.3% YoY

Under IRS private-foundation payout rules, C & E Frey FBO Philippus Church US Bank reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.

How C & E Frey FBO Philippus Church US Bank gives

  • Giving grew 1861% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2023 grant dollars across all 7 itemized grants.

Cities

CincinnatiCincinattiHagerstownSt PetersburgTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2019 1 grant2020 1 grant2021 1 grant2022 7 grants2023

From 2019 to 2023, annual grant giving ranged from $2K (2021) to $65K (2023). In 2023 it made 7 grants totaling $65K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2023

American Cancer Society Inc: $9KAmerican Cancer Society Inc$9KAmerican Heart Association: $9KAmerican Heart Association$9KBethesda Foundation Inc: $9KBethesda Foundation Inc$9KThe Christ Hospital Foundation: $9KThe Christ Hospital Foundation$9KBeech Acres Parenting Center: $9KBeech Acres Parenting Center$9KSamuel Bell Home for the Sightless: $9KSamuel Bell Home for theSightless$9KShriners Hospitals for Children: $9KShriners Hospitals forChildren$9K

The largest 2023 recipient was American Cancer Society Inc ($9K). Together the top 7 received $65K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Cancer Society Inc Hagerstown, MDGeneral Operating$9,349
American Heart Association St Petersburg, FLGeneral Operating$9,349
Bethesda Foundation Inc Cincinnati, OHGeneral Operating$9,349
The Christ Hospital Foundation Cincinnati, OHGeneral Operating$9,349
Beech Acres Parenting Center Cincinnati, OHGeneral Operating$9,349
Samuel Bell Home for the Sightless Cincinnati, OHGeneral Operating$9,349
Shriners Hospitals for Children Tampa, FLGeneral Operating$9,349

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2019 2020 2021 2022 2023
Metric202320222021
Total Assets—$72,889$76,906
Revenue$-2,493$1,236$12,063
Expenses$70,357$5,254$4,492
Qualifying Distributions$69,578$3,901$3,320
Net Investment Income$887$939$10,891
Distributable Amount$2,210$3,508$3,914

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
  2. IRS filings on file for fiscal years 2019–2023

Leadership & Key People

Officers and directors from IRS filings

C & E Frey FBO Philippus Church US Bank's only listed officer is US Bank NA, Trustee on the 2023 filing (compensated).

Officers on the 2023 filing

  • US Bank NA

    Trustee

    New on the 2023 filing

    1 hr/week

    $850 (2023)

Former officers (1)
  • Former: US Bank N A (2019–2022) — Trustee

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

US Bank NA — Trustee: $850US Bank NATrustee$850

The highest reported compensation on the 2023 filing was $850, to US Bank NA (Trustee).

Frequently asked questions about C & E Frey FBO Philippus Church US Bank

How much does C & E Frey FBO Philippus Church US Bank give each year?

C & E Frey FBO Philippus Church US Bank gave $65K across 7 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $2K across 1 grant.

What is C & E Frey FBO Philippus Church US Bank's typical grant size?

C & E Frey FBO Philippus Church US Bank's median grant in 2023 was $9,349, and its average grant was $9,349, across 7 grants on its 2023 IRS Form 990-PF.

Where does C & E Frey FBO Philippus Church US Bank give grants?

C & E Frey FBO Philippus Church US Bank gives mostly in Ohio: 57% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were Florida (29%) and Maryland (14%). The most frequent recipient cities were Cincinnati, OH (4 grants).

Does C & E Frey FBO Philippus Church US Bank give general operating support?

Yes: 100% of C & E Frey FBO Philippus Church US Bank's 2023 grants with a stated purpose (7 of 7) were for general or operating support, per its 2023 IRS Form 990-PF.

Who are C & E Frey FBO Philippus Church US Bank's largest grantees?

C & E Frey FBO Philippus Church US Bank's largest 2023 grantees include American Cancer Society Inc ($9,349), American Heart Association ($9,349) and Bethesda Foundation Inc ($9,349), according to its 2023 IRS Form 990-PF. Together they received 43% of its itemized 2023 grant dollars.

How much is C & E Frey FBO Philippus Church US Bank required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, C & E Frey FBO Philippus Church US Bank reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is C & E Frey FBO Philippus Church US Bank's EIN?

C & E Frey FBO Philippus Church US Bank's EIN (Employer Identification Number) is 31-6235371. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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