Founders Memorial Fund of AMSCO
Founders Memorial Fund of AMSCO is a private foundation, based in MENTOR, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $85K. Net investment income was $58K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-2.6% YoY
Annual Giving
$85K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$85K
+0.0% YoY
Under IRS private-foundation payout rules, Founders Memorial Fund of AMSCO reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.
About Founders Memorial Fund of AMSCO
Based on IRS filings
Founders Memorial Fund of AMSCO is a private foundation, based in MENTOR, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $85K. Net investment income was $58K.
Ready to take the next step with Founders Memorial Fund of AMSCO?
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 | $1,266,680 | $1,299,997 | $1,375,370 |
| Revenue | $64,926 | $22,388 | $-23,088 |
| Expenses | $98,243 | $97,761 | $99,318 |
| Qualifying Distributions | $98,000 | $751,202 | $719,810 |
| Net Investment Income | $58,097 | $52,381 | $18,794 |
| Distributable Amount | $80,097 | $72,682 | $75,922 |
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 See Attached ($85,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED MENTOR, OH | SEE ATTACHED | $85,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE TOKICH | TRUSTEE | 1 | — |
| RENATO TOMARO | TRUSTEE | 1 | — |
| BEVERLY J SCHNEIDER | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Founders Memorial Fund of AMSCO?
As of 2024, Founders Memorial Fund of AMSCO holds $1.3M in total assets with $65K in annual revenue. It awarded 1 grants totaling $85K in 2024.
Where does Founders Memorial Fund of AMSCO operate?
Founders Memorial Fund of AMSCO has awarded grants in Ohio.
What size grants does Founders Memorial Fund of AMSCO award?
In 2024, Founders Memorial Fund of AMSCO awarded 1 grants totaling $85K — an average of about $85K per grant, based on its IRS Form 990 filings.
How much is Founders Memorial Fund of AMSCO required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Founders Memorial Fund of AMSCO reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Founders Memorial Fund of AMSCO's EIN?
Founders Memorial Fund of AMSCO's EIN (Employer Identification Number) is 25-6062068. 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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