Cushwa Charles & Margaret Fdn

BROOKLYN, OH EIN: 34-1787513

Cushwa Charles & Margaret Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $722K in total assets. In 2024, it awarded 9 grants totaling $137K. Net investment income was $106K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$722K

-5.2% YoY

Annual Giving

$137K

+12.3% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$15K

-12.7% YoY

Under IRS private-foundation payout rules, Cushwa Charles & Margaret Fdn reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.

About Cushwa Charles & Margaret Fdn

Based on IRS filings

Cushwa Charles & Margaret Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $722K in total assets. In 2024, it awarded 9 grants totaling $137K. Net investment income was $106K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

CincinnatiCoral GablesDaytonLebanonLorettoNotre DamePepper PikePittsburghUniversity HeightsUniversity HtWashingtonYougstownYoungstown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$43K$86K$128K$171K20202021202220232024
Metric202420232022
Total Assets$721,922$761,185$770,034
Revenue$116,405$128,865$29,341
Expenses$155,664$137,684$146,818
Qualifying Distributions$143,314$127,764$136,409
Net Investment Income$105,736$119,308$28,248
Distributable Amount$132,585$114,922$117,377

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$69K$103K$137K7 grants20208 grants20218 grants20227 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

DUQUESNE UNIVERSITY$48KJOHN CARROLL UNIVERSITY$38KCARDINAL MOONEY HIGH SCH…$10KURSULINE HIGH SCHOOL$10KURSULINE UNIVERSITY$8KTHE OHIO STATE UNIVERSITY$8KUNIVERSITY OF DAYTON$8KSAINT FRANCIS UNIVERSITY$5KUNIVERSITY OF CINCINNATI$4K

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Duquesne University ($47,500), John Carroll University ($38,000), Cardinal Mooney High School ($10,000).

RecipientPurposeAmount
CARDINAL MOONEY HIGH SCHOOL YOUGSTOWN, OHSCHOLARSHIP$10,000
THE OHIO STATE UNIVERSITY LEBANON, OHSCHOLARSHIP$7,500
SAINT FRANCIS UNIVERSITY LORETTO, PASCHOLARSHIP$5,000
UNIVERSITY OF DAYTON DAYTON, OHSCHOLARSHIP$7,500
DUQUESNE UNIVERSITY PITTSBURGH, PASCHOLARSHIP$47,500
UNIVERSITY OF CINCINNATI CINCINNATI, OHSCHOLARSHIP$3,500
JOHN CARROLL UNIVERSITY UNIVERSITY HT, OHSCHOLARSHIP$38,000
URSULINE HIGH SCHOOL YOUNGSTOWN, OHSCHOLARSHIP$10,000
URSULINE UNIVERSITY PEPPER PIKE, OHSCHOLARSHIP$8,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KEYBANK N ATRUSTEE$15K

From 2024 filing

NameTitleHoursCompensation
WILLIAM W CUSHWABOARD MEMBER/DIRECTOR1
NICHOLAS WOLSONOVICHBOARD MEMBER/DIRECTOR1
MARA E CUSHWABOARD MEMBER/DIRECTOR1
N MICHAEL WOLSONOVICH JRBOARD MEMBER/DIRECTOR1
WILLIAM W CUSHWA JRBOARD MEMBER/DIRECTOR1
KEYBANK N ATRUSTEE1$14,796

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cushwa Charles & Margaret Fdn?

Cushwa Charles & Margaret Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, OH. It holds $722K in total assets as of 2024.

How large is Cushwa Charles & Margaret Fdn?

As of 2024, Cushwa Charles & Margaret Fdn holds $722K in total assets with $116K in annual revenue. It awarded 9 grants totaling $137K in 2024.

Where does Cushwa Charles & Margaret Fdn operate?

Cushwa Charles & Margaret Fdn has awarded grants in District of Columbia, Florida, Indiana, Ohio, Pennsylvania.

What size grants does Cushwa Charles & Margaret Fdn award?

In 2024, Cushwa Charles & Margaret Fdn awarded 9 grants totaling $137K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Cushwa Charles & Margaret Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cushwa Charles & Margaret Fdn reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cushwa Charles & Margaret Fdn's EIN?

Cushwa Charles & Margaret Fdn's EIN (Employer Identification Number) is 34-1787513. IRS Form 990 filing data is available on this page for 2020–2024.

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

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