Gould Inc Foundation Co Thomas N Rich
Gould Inc Foundation Co Thomas N Rich is a private foundation based in Rocky River, Ohio. Its 2025 filing reports 37 grants totaling $276,000 to charitable organizations in several states; the listed recipients include food banks, human-services organizations, and groups working in areas such as youth programs, animal care, hospice, and public broadcasting.
Gould Inc Foundation Co Thomas N Rich at a glance
In short: Gould Inc Foundation Co Thomas N Rich gave $276K across 37 grants in 2025 (avg $7K), mostly in Ohio. 11% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $276,000
- +16.0% vs 2024
- Grants made (2025)
- 37
- +0.0% vs 2024
- Average grant
- $7,459
- +16.0% vs 2024
- Median grant
- $5,000
- Total assets
- $1,596,970
- +4.6% vs 2024
- New grantees (estimate)
- 11% first-time grantees (4 of 37, 2025)
- Primary geography
- Ohio (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Gould Inc Foundation Co Thomas N Rich
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 16604, Rocky River, OH 44116
Phone: (440) 333-3160
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gould Inc Foundation Co Thomas N Rich funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Red Cross ($50K). Together the top 10 received $187K.
Grant Size Distribution
193 grants across all recorded years
The most common grant size was under $50K: 191 grants of 193 (99%).
Geographic Focus
Where this funder awards grants
In 2025, 54% of grant dollars went to recipients in Ohio, 22% to Arizona, 18% to Iowa, 4% to North Carolina, and 1% to Tennessee.
Grant Distribution by State
Share of 2025 grant dollars across all 37 itemized grants.
Cities
Is Gould Inc Foundation Co Thomas N Rich open to new grantees?
11%
first-time grantees, 2025
In 2025, 4 of 37 grantees (11%) were first-time recipients. First grants averaged $3K; repeat grants $8K. How we count
Medians: $4K first-time, $5K repeat.
- 89% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $156K (2019) to $276K (2025). In 2025 it made 37 grants totaling $276K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Red Cross Boone, IA | To Support Exempt Purpose | $50,000 |
| Cleveland Food Bank Cleveland, OH | To Support Exempt Purpose | $25,000 |
| AZ Chapter of ALS Association Phoenix, AZ | To Support Exempt Purpose | $20,000 |
| United Way of Lake County Mentor, OH | To Support Exempt Purpose | $18,000 |
| Tossin' Away ALS Mesa, AZ | To Support Exempt Purpose | $15,000 |
| United Way of Morgan County Zanesville, OH | To Support Exempt Purpose | $15,000 |
| City Mission Cleveland, OH | To Support Exempt Purpose | $12,000 |
| Westshore Meals on Wheels Rocky River, OH | To Support Exempt Purpose | $12,000 |
| Generation Church Food Pantry Goldsboro, NC | To Support Exempt Purpose | $10,000 |
| Salvation Army Cleveland, OH | To Support Exempt Purpose | $10,000 |
Ready to take the next step with Gould Inc Foundation Co Thomas N Rich?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,596,970 | $359,630 | $288,876 | $276,000 | 37 | $279,694 | $354,984 | $278,292 |
| 2024 | $1,526,216 | $269,708 | $241,709 | $238,000 | 37 | $238,428 | $268,778 | $251,736 |
| 2023 | $1,498,217 | $214,480 | $209,133 | $201,000 | 39 | $202,877 | $212,293 | $206,082 |
| 2022 | $1,492,870 | $257,232 | $267,008 | $260,000 | 42 | $261,662 | $255,350 | $208,719 |
| 2021 | $1,501,646 | $219,641 | $215,712 | $210,000 | 38 | $211,930 | $217,584 | $221,486 |
| 2020 | $1,497,717 | $187,537 | $190,901 | $180,000 | 37 | — | $184,555 | $172,794 |
| 2019 | $1,501,081 | $172,786 | $159,233 | $155,550 | 40 | — | $171,847 | $161,936 |
Under IRS private-foundation payout rules, Gould Inc Foundation Co Thomas N Rich reported a distributable amount of $278K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. For example, United Way of Lake County describes its mission as improving people’s lives in Lake County and helping identify, evaluate, support, and fund local human-service needs. Save Our Children of Elyria says it works to cultivate youth leadership through programs supporting academic excellence and artistic expression for at-risk youth. Island Safe Harbor Animal Sanctuary says it provides a safe home for elderly, infirm, terminal, and otherwise unadoptable animals.
Other 2025 recipients describe work in hospice and bereavement services (Hospice of the Western Reserve), support for people and families affected by domestic abuse (Forbes House), public broadcasting and journalism (Ideastream), and support for people with developmental disabilities (Deepwood Foundation).
Grantmaking
In filing year 2025, the foundation reported 37 grants totaling $276,000. Grants ranged from $1,000 to $50,000, with a median of $5,000. Among the largest reported awards were $50,000 to American Red Cross in Boone, Iowa; $25,000 to Cleveland Food Bank; $20,000 to AZ Chapter of ALS Association; and $18,000 to United Way of Lake County. Other listed awards included $15,000 each to Tossin' Away ALS and United Way of Morgan County, and $12,000 each to City Mission and Westshore Meals on Wheels.
Leadership & Key People
Officers and directors from IRS filings
Gould Inc Foundation Co Thomas N Rich is led by Thomas N. Rich, President & Treasurer on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas N. Rich
President & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Ann Rich
Interim Secretary
Secretary → Interim Secretary, 2023
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Sharon Roach (2019–2021) — Secretary
Data from IRS Form 990 filings, 2019–2025. "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 Gould Inc Foundation Co Thomas N Rich
How much does Gould Inc Foundation Co Thomas N Rich give each year?
Gould Inc Foundation Co Thomas N Rich gave $276K across 37 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $238K across 37 grants.
What is Gould Inc Foundation Co Thomas N Rich's typical grant size?
Gould Inc Foundation Co Thomas N Rich's median grant in 2025 was $5,000, and its average grant was $7,459, across 37 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Gould Inc Foundation Co Thomas N Rich that year got $3K on average.
Where does Gould Inc Foundation Co Thomas N Rich give grants?
Gould Inc Foundation Co Thomas N Rich gives mostly in Ohio: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Arizona (22%) and Iowa (18%). The most frequent recipient cities were Cleveland, OH (11 grants), Phoenix, AZ (4 grants) and Mentor, OH (3 grants).
Who are Gould Inc Foundation Co Thomas N Rich's largest grantees?
Gould Inc Foundation Co Thomas N Rich's largest 2025 grantees include American Red Cross ($50,000), Cleveland Food Bank ($25,000) and AZ Chapter of ALS Association ($20,000), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.
How large is Gould Inc Foundation Co Thomas N Rich?
Gould Inc Foundation Co Thomas N Rich reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $280K in qualifying distributions that year, against a required minimum of $278K (roughly 5% of its investment assets).
What does Gould Inc Foundation Co Thomas N Rich fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from Gould Inc Foundation Co Thomas N Rich?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Gould Inc Foundation Co Thomas N Rich's EIN?
Gould Inc Foundation Co Thomas N Rich's EIN (Employer Identification Number) is 34-6525555. IRS Form 990 filing data is available on this page for 2019–2025.
Does Gould Inc Foundation Co Thomas N Rich accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 18, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Gould Inc Foundation Co Thomas N Rich funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Gould Inc Foundation Co Thomas N Rich's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Gould Inc Foundation Co Thomas N Rich funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/gould-inc-foundation-co-thomas-n-rich-morg_176a72e9bc9742a3a9414d8ef67d8e62
BibTeX
@misc{grantable_346525555_2026,
author = {{Grantable}},
title = {{Gould Inc Foundation Co Thomas N Rich funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/gould-inc-foundation-co-thomas-n-rich-morg_176a72e9bc9742a3a9414d8ef67d8e62},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Gould Inc Foundation Co Thomas N Rich's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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