Greenacres Foundation Inc is a 501(c)(3) nonprofit organization based in Cincinnati, Ohio, established in 1988. The organization operates as both an operating foundation and a grantmaker, managing multiple properties across Ohio and Indiana. Greenacres functions as an environmental education center, farm operation, and cultural institution, offering educational programs, research opportunities, and public events centered on agriculture, conservation, and the arts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$388.2M
+1.9% YoY
Annual Giving
$9.1M
+31.5% YoY
Grant Count
37
+27.6% YoY
Avg Grant Size
$247K
+3.0% YoY
Under IRS private-foundation payout rules, Greenacres Foundation Inc reported a distributable amount of $26.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission Statement:
Greenacres will always reflect the style and grace of founders Louis and Louise Nippert. The organization's mission is to:
- Preserve for the public an area reflecting the traditional environment of Indian Hill and its historical significance by preserving Greenacres in its current state of woodland and farmland
- Preserve the integrity of all land owned and purchased by Greenacres Foundation to encourage conservation and appreciation of nature by providing the public, particularly children, opportunities to study plant and animal life in their natural settings
- Encourage appreciation of music and culture by providing facilities and an atmosphere that will encourage artists to display their talents for all age groups
Core Values: Giving and Grace
Primary Focus Areas:
- Environmental education and conservation
- Regenerative agriculture research
- Ecology and environment research
- Horsemanship training and equestrian programs
- Art and music education
- Sustainable farming practices
- Water quality education
Grantmaking
Greenacres Foundation offers research grants in two primary areas:
Review Cycle
anticipated February 2027
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Geographic Focus
Where this funder awards grants
Greenacres Foundation operates across three primary properties:
- Indian Hill, Ohio (Cincinnati Campus) - includes multiple sites: Nippert Barn, Arts Center, Kennel House, Equine Center, Old Church, and Spooky Hollow Farm
- Lewis Township, Brown County, Ohio (Greenacres Lewis Township)
- Michaela Farm, Oldenburg, Indiana
The organization's grantmaking focuses primarily on Ohio, Indiana, and Kentucky.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $380,991,419 – $388,194,683
- Total Revenue: $22,276,296
- Total Expenses: $24,773,353
- Total Giving: $9,138,504
- Number of Employees: 47
Tax Status: Tax-exempt since November 1988 (EIN: 31-1250075)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $388,194,683 | $380,991,419 | $382,901,067 |
| Revenue | $33,774,431 | $22,276,296 | $37,488,579 |
| Expenses | $28,712,474 | $24,773,353 | $23,209,882 |
| Qualifying Distributions | $26,063,727 | $25,636,323 | $26,695,990 |
| Net Investment Income | $30,053,498 | $18,986,704 | $34,286,981 |
| Distributable Amount | $26,674,462 | $23,030,067 | $23,731,224 |
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
163 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cincinnati Symphony Orchestra ($5,758,188), Cincinnati Opera ($987,118), Cincinnati Ballet ($411,299).
| Recipient | Purpose | Amount |
|---|---|---|
| Blue AshMontgomery Symphony Orchestra Cincinnati, OH | Organization's Charitable Purpose | $25,000 |
| Cincinnati Ballet Cincinnati, OH | Organization's Charitable Purpose | $411,299 |
| Cincinnati Boy Choir Inc Cincinnati, OH | Organization's Charitable Purpose | $55,000 |
| Cincinnati Chamber Orchestra Cincinnati, OH | Organization's Charitable Purpose | $35,000 |
| Cincinnati Children's Choir Cincinnati, OH | Organization's Charitable Purpose | $45,000 |
| Cincinnati Choral Society Cincinnati, OH | Organization's Charitable Purpose | $5,000 |
| Cincinnati May Festival Cincinnati, OH | Organization's Charitable Purpose | $411,299 |
| Cincinnati Museum Center Cincinnati, OH | Organization's Charitable Purpose | $15,000 |
| Cincinnati Opera Cincinnati, OH | Organization's Charitable Purpose | $987,118 |
| Cincinnati Symphony Orchestra Cincinnati, OH | Organization's Charitable Purpose | $5,758,188 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dr Carter F Randolph | Chair | 10 | $222,779 |
| Ms Meredith Leslie | President | 40 | $238,946 |
| Larry Kyte Esq | Trustee | 1 | — |
| Mr Louie Randolph | Treasurer | 1 | — |
| Ms Ginger Warner | Trustee | 1 | — |
| Mr Brad Lindner | Secretary | 1 | — |
| Ms Beth Hellman | Vice Chair | 1 | — |
| Mr Martin Cooper | Trustee | 1 | — |
| Mr Jim Ebeschweiger | Treasurer - Exited 9/1 | 40 | $220,838 |
Recent Activity
Recent developments and announcements
Greenacres Foundation continues to expand its educational reach and research initiatives. Recent developments include:
Locally developed education programs gaining national recognition
EcoVillage STEM Program expanding from Cincinnati to classrooms nationwide
Greenacres Apprentices achieving state certification in agricultural practices
Ongoing research initiatives addressing invasive species management and forest ecology
Expansion of educational programming across multiple campus locations
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Greenacres Foundation Inc fund?
**Mission Statement:** Greenacres will always reflect the style and grace of founders Louis and Louise Nippert. The organization's mission is to: • Preserve for the public an area reflecting the traditional environment of Indian Hill and its historical significance by preserving Greenacres in its current state of woodland and farmland • Preserve the integrity of all land owned and purchased by Greenacres Foundation to encourage conservation and appreciation of nature by providing the public, pa…
How do I apply for a grant from Greenacres Foundation Inc?
Greenacres Foundation offers research grants in two primary areas: **Grant Budget:** $50,000 – $200,000 **Research Focus Areas:** • Improved invasive species mitigation and management (particularly herbicide-free approaches) • Improved practices in woodland restoration and/or preservation (with emphasis on oak forest restoration) • Improved understanding of the ecology of regenerative agricultural systems and native species habitat **Application Timeline:** • Letter of Intent Opening: anticipat…
Where does Greenacres Foundation Inc make grants?
Greenacres Foundation operates across three primary properties: • **Indian Hill, Ohio** (Cincinnati Campus) - includes multiple sites: Nippert Barn, Arts Center, Kennel House, Equine Center, Old Church, and Spooky Hollow Farm • **Lewis Township, Brown County, Ohio** (Greenacres Lewis Township) • **Michaela Farm, Oldenburg, Indiana** The organization's grantmaking focuses primarily on Ohio, Indiana, and Kentucky.
What size grants does Greenacres Foundation Inc award?
In 2024, Greenacres Foundation Inc awarded 37 grants totaling $9.1M — an average of about $247K per grant, based on its IRS Form 990 filings.
How much is Greenacres Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Greenacres Foundation Inc reported a distributable amount of $26.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Greenacres Foundation Inc's EIN?
Greenacres Foundation Inc's EIN (Employer Identification Number) is 31-1250075. IRS Form 990 filing data is available on this page for 2020–2024.
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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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