F a Germond Tr Fund B

BROOKLYN, OH EIN: 34-6508910

F a Germond Tr Fund B is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $302K in total assets. In 2024, it awarded 4 grants totaling $14K. Net investment income was $29K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$302K

+5.4% YoY

Annual Giving

$14K

Grant Count

Avg Grant Size

$4K

Under IRS private-foundation payout rules, F a Germond Tr Fund B reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About F a Germond Tr Fund B

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $79K (100%)

States

Ohio

Cities

BereaClevelandIndependenceWestlake

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$301,915	$286,361	$285,768
Revenue	$29,843	$1,012	$14,266
Expenses	$14,290	$419	$1,773
Qualifying Distributions	$14,057	$55	$1,130
Net Investment Income	$29,225	$4,223	$14,175
Distributable Amount	$15,587	$13,953	$14,347

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lutheran Home ($3,500), Lutheran Metropolitan Ministries ($3,500), The Cleveland Clinic Foundation ($3,500).

Recipient	Purpose	Amount
LUTHERAN HOME WESTLAKE, OH	GENERAL OPERATING	$3,500
LUTHERAN METROPOLITAN MINISTRIES CLEVELAND, OH	GENERAL OPERATING	$3,500
THE CLEVELAND CLINIC FOUNDATION INDEPENDENCE, OH	GENERAL OPERATING	$3,500
OHIO GUIDESTONE BEREA, OH	GENERAL OPERATING	$3,500

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	$229

Frequently Asked Questions

How large is F a Germond Tr Fund B?

As of 2024, F a Germond Tr Fund B holds $302K in total assets with $30K in annual revenue. It awarded 4 grants totaling $14K in 2024.

Where does F a Germond Tr Fund B operate?

F a Germond Tr Fund B has awarded grants in Ohio.

What size grants does F a Germond Tr Fund B award?

In 2024, F a Germond Tr Fund B awarded 4 grants totaling $14K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is F a Germond Tr Fund B required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, F a Germond Tr Fund B reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.