Er Simonis Educational Loan Fund
Er Simonis Educational Loan Fund is a private foundation focused on Education, based in Cincinnati, OH. IRS filing data is available from 2019 through 2021. In 2021, it awarded 1 grant totaling $137K. Net investment income was $26K.
Er Simonis Educational Loan Fund at a glance
In short: Er Simonis Educational Loan Fund gave $137K across 1 grant in 2021 (avg $137K), mostly in North Carolina. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $137,051
- Grants made (2021)
- 1
- Average grant
- $137,051
- Median grant
- $137,051
- Primary geography
- North Carolina (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Er Simonis Educational Loan Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2021
The largest 2021 recipient was Foundation for the Carolinas ($137K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2021 grant dollars on its one itemized grant.
States
Cities
How Er Simonis Educational Loan Fund gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $137K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation for the Carolinas Charlotte, NC | Program Support | $137,051 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | — | $27,496 | $139,837 | $137,051 | 1 | $138,276 | $25,933 | $1,610 |
| 2020 | $112,296 | $4,597 | $7,240 | — | — | — | — | $8,112 |
| 2019 | $166,194 | $13,920 | $3,714 | — | — | — | $10,888 | $8,067 |
Under IRS private-foundation payout rules, Er Simonis Educational Loan Fund reported a distributable amount of $2K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Er Simonis Educational Loan Fund's only listed officer is Fifth Third Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2021 filing
Fifth Third Bank N A
Trustee
On filings since 2020
1 hr/week
$2K (2020) → $336 (2021)
Former officers (1)
- Former: Fifth Third Bank (2019) — Trustee
Data from IRS Form 990 filings, 2019–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $336, to Fifth Third Bank N a (Trustee).
Frequently asked questions about Er Simonis Educational Loan Fund
How much does Er Simonis Educational Loan Fund give each year?
Er Simonis Educational Loan Fund gave $137K across 1 grant in 2021, according to its 2021 IRS Form 990-PF.
What is Er Simonis Educational Loan Fund?
Er Simonis Educational Loan Fund is a private foundation focused on Education, based in Cincinnati, OH.
Where does Er Simonis Educational Loan Fund operate?
Er Simonis Educational Loan Fund has awarded grants in North Carolina.
How much is Er Simonis Educational Loan Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Er Simonis Educational Loan Fund reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Er Simonis Educational Loan Fund's EIN?
Er Simonis Educational Loan Fund's EIN (Employer Identification Number) is 62-6336489. IRS Form 990 filing data is available on this page for 2019–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 21, 2020)
- IRS filings on file for fiscal years 2020–2021
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