Harold & Catherine Folk Charitable
The Harold and Catherine Folk Charitable Foundation is a private foundation established in 1983 and based in Cleveland, Ohio. The foundation operates with no employees and focuses on charitable grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$519K
-7.8% YoY
Annual Giving
$36K
-17.7% YoY
Grant Count
15
-34.8% YoY
Avg Grant Size
$2K
+26.2% YoY
Under IRS private-foundation payout rules, Harold & Catherine Folk Charitable reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily funds a scholarship fund and supports educational and cultural organizations. Recent grantmaking has included support for higher education institutions, healthcare organizations, and cultural heritage sites.
Grantmaking
The foundation made 16 grants in its most recent fiscal year (ending June 2024). Recent grant recipients and amounts include:
Ready to take the next step with Harold & Catherine Folk Charitable?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in Ohio, with a particular focus on the Akron and Cleveland areas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of June 30, 2024:
- Total Assets: $518,754
- Total Revenues: $4,370
- Total Expenses: $48,415
- Investment Income and Dividends: $11,750
The foundation's revenue is primarily generated through investment income, with a net loss on asset sales of $7,380 in the most recent fiscal year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $518,754 | $562,799 | $592,066 |
| Revenue | $4,370 | $22,963 | $53,230 |
| Expenses | $48,415 | $52,230 | $65,577 |
| Qualifying Distributions | $35,750 | $43,450 | $47,650 |
| Net Investment Income | $11,685 | $22,898 | $47,965 |
| Distributable Amount | $35,999 | $33,892 | $39,428 |
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
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Akron Foundation ($12,500), Regina Health Center ($7,500), St Vincent De Paul Church ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AKRON ART MUSEUM AKRON, OH | GENERAL | $1,000 |
| AKRON COMMUNITY FOUNDATION AKRON, OH | GENERAL | $1,100 |
| ST SEBASTIAN CATHOLIC CHURCH AKRON, OH | GENERAL | $500 |
| GUARDIAN ANGELS CHURCH COPLEY, OH | GENERAL | $100 |
| STAN HYWET GARDENS AKRON, OH | GENERAL | $1,100 |
| ST JOSEPH HOSPITAL WARREN, OH | GENERAL | $100 |
| IN MOTION PARKINSON FOUNDATION BEACHWOOD, OH | GENERAL | $500 |
| CROWN PT ECOLOGY CTR AKRON, OH | GENERAL | $1,000 |
| MITOCHONDRIAL FOUNDATION PITTSBURGH, PA | GENERAL | $250 |
| FAIRLAWN CC FOUNDATION FAIRLAWN, OH | SCHOLARSHIP FUND | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN DAVERIO | PRESIDENT/TRUSTEE | 3 | $7,800 |
| DAVID REYES | VP/TRUSTEE | 0.5 | — |
Frequently Asked Questions
What does Harold & Catherine Folk Charitable fund?
The foundation primarily funds a scholarship fund and supports educational and cultural organizations. Recent grantmaking has included support for higher education institutions, healthcare organizations, and cultural heritage sites.
How do I apply for a grant from Harold & Catherine Folk Charitable?
The foundation made 16 grants in its most recent fiscal year (ending June 2024). Recent grant recipients and amounts include: • The University of Akron Foundation: $12,500 • Regina Health Center: $7,500 • Stan Hywet Hall and Gardens: $1,100 The foundation demonstrates a pattern of supporting educational institutions, healthcare providers, and cultural organizations in the Ohio region.
Where does Harold & Catherine Folk Charitable make grants?
The foundation's grantmaking is concentrated in Ohio, with a particular focus on the Akron and Cleveland areas.
What size grants does Harold & Catherine Folk Charitable award?
In 2024, Harold & Catherine Folk Charitable awarded 15 grants totaling $36K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Harold & Catherine Folk Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Harold & Catherine Folk Charitable reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Harold & Catherine Folk Charitable's EIN?
Harold & Catherine Folk Charitable's EIN (Employer Identification Number) is 34-1373593. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Harold & Catherine Folk Charitable's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Cooper Tire Foundation Inc
AKRON, OH
Assets
$71K
Grants
2
Total Given
$67K
Auburn Education Foundation
CONCORD TOWNSHIP, OH
Assets
$352K
Grants
2
Total Given
$214K
Galpin-white Ta
BROOKLYN, OH
Assets
$16K
Grants
1
Total Given
$887
The Cleveland Superior Arts
CLEVELAND, OH
Assets
$5K
Grants
1
Total Given
$251K
Mary E H Rutter Tr Para 28
BROOKLYN, OH
Assets
$401K
Grants
1
Total Given
$26K
Carrie Peska Memorial Scholarship Fund
ANDOVER, OH
Assets
$19K
Grants
1
Total Given
$4K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Harold & Catherine Folk Charitable on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Harold & Catherine Folk Charitable to a real strategy.