Downey Memorial Music Scholarship 1015010979

HAMILTON, OH EIN: 35-6526920

Downey Memorial Music Scholarship 1015010979 is a private foundation focused on N/A, based in HAMILTON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $791K in total assets. In 2024, it awarded 1 grants totaling $130K. Net investment income was $65K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$791K

-9.0% YoY

Annual Giving

$130K

-33.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$130K

-33.0% YoY

Under IRS private-foundation payout rules, Downey Memorial Music Scholarship 1015010979 reported a distributable amount of $168K for 2024 — the minimum it must pay out in qualifying distributions.

About Downey Memorial Music Scholarship 1015010979

Based on IRS filings

Focus Areas

N/A

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $502K (100%)

States

Ohio

Cities

Cincinnati

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$791,111	$869,244	$1,021,023
Revenue	$78,761	$141,648	$81,819
Expenses	$156,892	$293,333	$136,267
Qualifying Distributions	$135,631	$199,707	$110,828
Net Investment Income	$64,669	$65,113	$63,743
Distributable Amount	$167,879	$135,768	$140,304

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 University of Cincinnati ($129,836).

Recipient	Purpose	Amount
UNIVERSITY OF CINCINNATI CINCINNATI, OH	CHARITABLE PURPOSES	$129,836

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

N/A

Frequently Asked Questions

What is Downey Memorial Music Scholarship 1015010979?

Downey Memorial Music Scholarship 1015010979 is a private foundation focused on N/A, based in HAMILTON, OH. It holds $791K in total assets as of 2024.

How large is Downey Memorial Music Scholarship 1015010979?

As of 2024, Downey Memorial Music Scholarship 1015010979 holds $791K in total assets with $79K in annual revenue. It awarded 1 grants totaling $130K in 2024.

Where does Downey Memorial Music Scholarship 1015010979 operate?

Downey Memorial Music Scholarship 1015010979 has awarded grants in Ohio.

What size grants does Downey Memorial Music Scholarship 1015010979 award?

In 2024, Downey Memorial Music Scholarship 1015010979 awarded 1 grants totaling $130K — an average of about $130K per grant, based on its IRS Form 990 filings.

How much is Downey Memorial Music Scholarship 1015010979 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Downey Memorial Music Scholarship 1015010979 reported a distributable amount of $168K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Downey Memorial Music Scholarship 1015010979's EIN?

Downey Memorial Music Scholarship 1015010979's EIN (Employer Identification Number) is 35-6526920. IRS Form 990 filing data is available on this page for 2020–2024.