Fifth Generation Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOLON, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 9 grants totaling $131K. Net investment income was $133K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-3.6% YoY
Annual Giving
$131K
+4.6% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$15K
-18.7% YoY
Under IRS private-foundation payout rules, Fifth Generation Foundation reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.
About Fifth Generation Foundation
Based on IRS filings
Fifth Generation Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOLON, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 9 grants totaling $131K. Net investment income was $133K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,155,107 | $2,235,169 | $2,266,139 |
| Revenue | $134,654 | $96,929 | $90,154 |
| Expenses | $134,620 | $127,899 | $117,041 |
| Qualifying Distributions | $130,708 | $125,000 | $110,554 |
| Net Investment Income | $132,612 | $94,030 | $83,667 |
| Distributable Amount | $125,152 | $115,871 | $118,414 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Blessing House ($25,161), Boys Hope Girls Hope of Northeastern Ohio ($20,170), Ronald Mcdonald House ($20,131).
| Recipient | Purpose | Amount |
|---|---|---|
| BLESSING HOUSE ELYRIA, OH | GENERAL | $25,161 |
| BOYS & GIRLS CLUB OF NORTHEAST OHIO SANDUSKY, OH | GENERAL | $15,076 |
| BOYS HOPE GIRLS HOPE OF NORTHEASTERN OHIO CLEVELAND, OH | GENERAL | $20,170 |
| GILMOUR ACADEMY GATES MILLS, OH | GENERAL | $10,085 |
| ISLAND SAFE HARBOR ANIMAL SHELTER PORT CLINTON, OH | GENERAL | $15,000 |
| RONALD MCDONALD HOUSE CLEVELAND, OH | GENERAL | $20,131 |
| SECOND HARVEST FOOD BANK OF N CENTRAL OHIO LORAIN, OH | GENERAL | $10,085 |
| COMMUNITY RESOURCE SERVICES AVON LAKE, OH | GENERAL | $5,000 |
| FRIENDSHIP APL ELYRIA, OH | GENERAL | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND M MURPHY | PRESIDENT, TREASURER, TRUS | — | — |
| MARY K MURPHY | SECRETARY, TRUSTEE | — | — |
| JOHN B MURPHY | TRUSTEE | — | — |
| LISA MURPHY | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fifth Generation Foundation?
Fifth Generation Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOLON, OH. It holds $2.2M in total assets as of 2024.
How large is Fifth Generation Foundation?
As of 2024, Fifth Generation Foundation holds $2.2M in total assets with $135K in annual revenue. It awarded 9 grants totaling $131K in 2024.
Where does Fifth Generation Foundation operate?
Fifth Generation Foundation has awarded grants in District of Columbia, Ohio.
What size grants does Fifth Generation Foundation award?
In 2024, Fifth Generation Foundation awarded 9 grants totaling $131K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Fifth Generation Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fifth Generation Foundation reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fifth Generation Foundation's EIN?
Fifth Generation Foundation's EIN (Employer Identification Number) is 34-1873460. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Fifth Generation Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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