Drake Lily E Scholarship Pfdn
Drake Lily E Scholarship Pfdn is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $146K in total assets. In 2024, it made $2K in qualifying distributions. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$146K
+7.6% YoY
Revenue
$13K
+675.8% YoY
Qualifying Distributions
$2K
+0.7% YoY
Expenses
$3K
+7.9% YoY
Under IRS private-foundation payout rules, Drake Lily E Scholarship Pfdn reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Drake Lily E Scholarship Pfdn
Based on IRS filings
Drake Lily E Scholarship Pfdn is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $146K in total assets. In 2024, it made $2K in qualifying distributions. Net investment income was $12K.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $146,323 | $135,993 | $137,037 |
| Revenue | $13,312 | $1,716 | $-528 |
| Expenses | $2,980 | $2,761 | $5,358 |
| Qualifying Distributions | $1,529 | $1,518 | $2,084 |
| Net Investment Income | $11,875 | $502 | — |
| Distributable Amount | $7,174 | $6,335 | $6,362 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEYBANK N A | TRUSTEE | 1 | $1,916 |
Frequently Asked Questions
How large is Drake Lily E Scholarship Pfdn?
As of 2024, Drake Lily E Scholarship Pfdn holds $146K in total assets with $13K in annual revenue.
How much is Drake Lily E Scholarship Pfdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Drake Lily E Scholarship Pfdn reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Drake Lily E Scholarship Pfdn's EIN?
Drake Lily E Scholarship Pfdn's EIN (Employer Identification Number) is 93-6131516. 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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