Homan Foundation
The Homan Foundation is a private foundation based in Norwood, Ohio. The organization has been tax-exempt since September 1969 and operates as a 501(c)(3) entity.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+5.9% YoY
Annual Giving
$522K
-33.4% YoY
Grant Count
68
+7.9% YoY
Avg Grant Size
$8K
-38.3% YoY
Under IRS private-foundation payout rules, Homan Foundation reported a distributable amount of $342K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking activities are primarily concentrated in Ohio, with headquarters in Norwood.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $3,308,464
- Total Giving: $783,817
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,504,609 | $3,308,464 | $3,728,051 |
| Revenue | $734,033 | $376,523 | $336,237 |
| Expenses | $558,217 | $811,526 | $969,622 |
| Qualifying Distributions | $523,310 | $785,187 | $942,608 |
| Net Investment Income | $702,286 | $343,884 | $302,922 |
| Distributable Amount | $342,030 | $282,596 | $303,661 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Final 2 Percent ($75,000), Cincinnati Cancer Foundation Inc ($50,000), Cincinnati Zoo and Botanical Garden ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 1N5ORG CINCINNATI, OH | GENERAL SUPPORT | $2,500 |
| A KID AGAIN CINCINNATI, OH | GENERAL SUPPORT | $1,500 |
| ACCELERATE GREAT SCHOOLS CINCINNATI, OH | GENERAL SUPPORT | $20,000 |
| ALZHEIMERS ASSOCIATION WASHINGTON, DC | GENERAL SUPPORT | $1,000 |
| AMERICAN HEART ASSOCIATION CINCINNATI, OH | GENERAL SUPPORT | $2,500 |
| ARCHBISHOP MCNICHOLAS HIGH SCHOOL CINCINNATI, OH | GENERAL SUPPORT | $5,000 |
| ARCHBISHOP MOELLER HIGH SCHOOL CINCINNATI, OH | GENERAL SUPPORT | $5,000 |
| ARTS WAVE CINCINNATI, OH | GENERAL SUPPORT | $3,500 |
| ATHENAEUM OF OHIO CINCINNATI, OH | GENERAL SUPPORT | $1,000 |
| BEECHWOOD HOME CINCINNATI, OH | GENERAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WALTER E HOMAN | TRUSTEE | — | — |
| WALTER E HOMAN JR | TRUSTEE | — | — |
| CHRISTINE HOMAN | TRUSTEE | — | — |
Frequently Asked Questions
Where does Homan Foundation make grants?
The foundation's grantmaking activities are primarily concentrated in Ohio, with headquarters in Norwood. ---
What size grants does Homan Foundation award?
In 2024, Homan Foundation awarded 68 grants totaling $522K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Homan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Homan Foundation reported a distributable amount of $342K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Homan Foundation's EIN?
Homan Foundation's EIN (Employer Identification Number) is 23-7038734. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Homan 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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