Frank Sarah and Myer J Monus Foundation
Frank Sarah and Myer J Monus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOUNGSTOWN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $553K in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $66K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$553K
+7.1% YoY
Annual Giving
$27K
-63.6% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$14K
-63.6% YoY
Under IRS private-foundation payout rules, Frank Sarah and Myer J Monus Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank Sarah and Myer J Monus Foundation
Based on IRS filings
Frank Sarah and Myer J Monus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOUNGSTOWN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $553K in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $66K.
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 | $553,130 | $516,498 | $601,310 |
| Revenue | $66,461 | $31,091 | $25,351 |
| Expenses | $29,830 | $115,901 | $3,127 |
| Qualifying Distributions | $29,223 | $88,433 | $1,521 |
| Net Investment Income | $65,853 | $4,161 | $24,895 |
| Distributable Amount | $43,361 | $41,116 | $41,882 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 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 Jewish Family and Children Services ($17,455), Northeastern Ohio Medical ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JEWISH FAMILY AND CHILDREN SERVICES YOUNGSTOWN, OH | SUPPORT PROGRAM | $17,455 |
| NORTHEASTERN OHIO MEDICAL ROOTSTOWN, OH | ENDOWED SCHOLARSHIP FUND | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W TERRY PATRICK | CO-TRUSTEE | 1 | — |
| SAMUEL SCHAUL | CO-TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frank Sarah and Myer J Monus Foundation?
Frank Sarah and Myer J Monus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOUNGSTOWN, OH. It holds $553K in total assets as of 2024.
How large is Frank Sarah and Myer J Monus Foundation?
As of 2024, Frank Sarah and Myer J Monus Foundation holds $553K in total assets with $66K in annual revenue. It awarded 2 grants totaling $27K in 2024.
Where does Frank Sarah and Myer J Monus Foundation operate?
Frank Sarah and Myer J Monus Foundation has awarded grants in Ohio.
What size grants does Frank Sarah and Myer J Monus Foundation award?
In 2024, Frank Sarah and Myer J Monus Foundation awarded 2 grants totaling $27K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Frank Sarah and Myer J Monus Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank Sarah and Myer J Monus Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank Sarah and Myer J Monus Foundation's EIN?
Frank Sarah and Myer J Monus Foundation's EIN (Employer Identification Number) is 04-3690323. 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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