Gary L and Karen S Taylor

Private foundation · Grantmaker Akron, OH EIN: 30-0087354

Gary L and Karen S Taylor is a private foundation, based in Akron, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $328K in total assets. In 2024, it awarded 4 grants totaling $31K. Net investment income was $4K.

Key facts about Gary L and Karen S Taylor

In short: Gary L and Karen S Taylor gave $31K across 4 grants in 2024 (avg $8K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
30-0087354
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$30,750
Grants made (2024)
4
Average grant
$7,688
Median grant
$5,000
Total assets
$328,030
Primary geography
Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$328K

+0.3% YoY

Annual Giving

$31K

+2.5% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$8K

-23.1% YoY

Under IRS private-foundation payout rules, Gary L and Karen S Taylor reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

How Gary L and Karen S Taylor gives

  • Giving held roughly steady from 2021 to 2024 (+16%). Method
  • In 2024 it paid out 184% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

AkronClevelandYoungstownCopleyMedinaNorth Royalton

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K2 grants2020 3 grants2021 5 grants2022 3 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $27K (2021) to $37K (2020). In 2024 it made 4 grants totaling $31K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Relentless: $20KRelentless$20KGrace House Akron: $5KGrace House Akron$5KThe Salvation Army Neo: $5KThe Salvation Army Neo$5KBoardman Baptist Church: $750Boardman Baptist Church$750

The largest 2024 recipient was Relentless ($20K). Together the top 4 received $31K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Relentless Akron, OHTo aid the organization in carrying out their exempt purpose.$20,000
Grace House Akron Akron, OHTo aid the organization in carrying out their exempt purpose.$5,000
The Salvation Army Neo Akron, OHTo aid the organization in carrying out their exempt purpose.$5,000
Boardman Baptist Church Youngstown, OHTo aid the organization in carrying out their exempt purpose.$750

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$328,030$327,096$288,176
Revenue$72,322$112,523$67,926
Expenses$64,602$57,756$55,793
Qualifying Distributions$30,750$30,000$30,500
Net Investment Income$4,338$37,993$3,254
Distributable Amount$16,678$14,535$14,269

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Gary L and Karen S Taylor is led by Karen Taylor, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Karen Taylor

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Craig Taylor

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lindsay Tadsen

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tamara Boyazis

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Lori Feist (2020–2022) — Secretary

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Gary L and Karen S Taylor

How much does Gary L and Karen S Taylor give each year?

Gary L and Karen S Taylor gave $31K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $30K across 3 grants.

What is Gary L and Karen S Taylor's typical grant size?

Gary L and Karen S Taylor's median grant in 2024 was $5,000, and its average grant was $7,688, across 4 grants on its 2024 IRS Form 990-PF.

Where does Gary L and Karen S Taylor give grants?

Gary L and Karen S Taylor gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Akron, OH (3 grants).

Does Gary L and Karen S Taylor give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Gary L and Karen S Taylor's 2024 IRS Form 990-PF were described as general or operating support.

How large is Gary L and Karen S Taylor?

Gary L and Karen S Taylor reported $328K in total assets on its 2024 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

What is Gary L and Karen S Taylor's EIN?

Gary L and Karen S Taylor's EIN (Employer Identification Number) is 30-0087354. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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