Gould Inc Foundation
Gould Inc Foundation is a private foundation based in Rocky River, Ohio. Incorporated in 1951, the foundation operates as a company-sponsored foundation supporting a diverse range of charitable causes across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+1.9% YoY
Annual Giving
$238K
+18.4% YoY
Grant Count
37
-5.1% YoY
Avg Grant Size
$6K
+24.8% YoY
Under IRS private-foundation payout rules, Gould Inc Foundation reported a distributable amount of $252K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations in the following areas:
Arts & Culture
- Performing arts
- Museums
Education
- General education support
- Philanthropy and grantmaking
Health
- Brain and nervous system disorders
- Alzheimer's disease and other forms of dementia
- Heart and circulatory system diseases
- Cancers
Public Safety
- Fire prevention and control
Sports & Recreation
- Baseball and softball
Human Services
- Basic and emergency aid
- Food aid and food banks
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple states including:
- Arizona
- North Carolina
- Ohio
- Tennessee
- Texas
- Washington
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $1,526,216 |
| Total Annual Giving | $238,000 |
| Annual Expenses | $209,133 |
| Annual Revenue | $214,480 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,526,216 | $1,498,217 | $1,492,870 |
| Revenue | $269,708 | $214,480 | $257,232 |
| Expenses | $241,709 | $209,133 | $267,008 |
| Qualifying Distributions | $238,428 | $202,877 | $261,662 |
| Net Investment Income | $268,778 | $212,293 | $255,350 |
| Distributable Amount | $251,736 | $206,082 | $208,719 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
193 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Red Cross ($50,000), Cleveland Food Bank ($22,000), United Way of Lake County ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS ASSOCIATION BEACHWOOD, OH | To Support Exempt Purpose | $2,000 |
| AMERICAN RED CROSS BOONE, IA | To Support Exempt Purpose | $50,000 |
| AZ CHAPTER OF ALS ASSOCIATION PHOENIX, AZ | To Support Exempt Purpose | $10,000 |
| BEECH BROOK PEPPER PIKE, OH | To Support Exempt Purpose | $1,000 |
| CHOICES PREGNANCY CENTERS GLENDALE, AZ | To Support Exempt Purpose | $5,000 |
| CITY MISSION CLEVELAND, OH | To Support Exempt Purpose | $10,000 |
| CLEVELAND FOOD BANK CLEVELAND, OH | To Support Exempt Purpose | $22,000 |
| CLEVELAND ORCHESTRA CLEVELAND, OH | To Support Exempt Purpose | $1,000 |
| CLEVELAND PLAYHOUSE CLEVELAND, OH | To Support Exempt Purpose | $1,000 |
| CLEVELAND ZOOLOGICAL SOCIETY CLEVELAND, OH | To Support Exempt Purpose | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Thomas N. Rich — President and Treasurer (serves without compensation)
Ann Rich — Interim Secretary (serves without compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS N RICH | PRESIDENT AND TREASURER | 1 | — |
| ANN RICH | Interim Secretary | 1 | — |
Contact Information
Address: PO Box 16604, Rocky River, OH 44116-0604
Telephone: 440-333-3160
EIN: 34-6525555
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Gould Inc Foundation fund?
The foundation supports organizations in the following areas: **Arts & Culture** • Performing arts • Museums **Education** • General education support • Philanthropy and grantmaking **Health** • Brain and nervous system disorders • Alzheimer's disease and other forms of dementia • Heart and circulatory system diseases • Cancers **Public Safety** • Fire prevention and control **Sports & Recreation** • Baseball and softball **Human Services** • Basic and emergency aid • Food aid and food banks
How do I apply for a grant from Gould Inc Foundation?
**Grant Amounts:** Typical awards range from $1,000 to $50,000 **Total Annual Giving:** Approximately $238,000 (based on most recent filing) **Assets:** $1,526,216
Where does Gould Inc Foundation make grants?
The foundation funds projects across multiple states including: • Arizona • North Carolina • Ohio • Tennessee • Texas • Washington
What size grants does Gould Inc Foundation award?
In 2024, Gould Inc Foundation awarded 37 grants totaling $238K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Gould Inc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gould Inc Foundation reported a distributable amount of $252K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gould Inc Foundation's EIN?
Gould Inc Foundation's EIN (Employer Identification Number) is 34-6525555. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Gould Inc Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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