Jeanette Dermitt Hospital Tw

BROOKLYN, OH EIN: 16-6110717

Health In-patient medical care Hospital care

Jeanette Dermitt Hospital Tw is a private foundation focused on Health, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 2 grants totaling $284K. Net investment income was $182K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

-2.5% YoY

Annual Giving

$284K

+9.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$142K

+9.8% YoY

Under IRS private-foundation payout rules, Jeanette Dermitt Hospital Tw reported a distributable amount of $299K for 2024 — the minimum it must pay out in qualifying distributions.

About Jeanette Dermitt Hospital Tw

Based on IRS filings

Focus Areas

Health In-patient medical care Hospital care

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.4M (100%)

States

New York

Cities

OleanWellsville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,618,983	$4,738,177	$4,848,572
Revenue	$221,281	$202,293	$199,659
Expenses	$339,896	$309,229	$370,298
Qualifying Distributions	$298,277	$271,749	$328,282
Net Investment Income	$182,056	$165,708	$159,125
Distributable Amount	$298,544	$267,992	$267,117

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Olean General Hosp Foundation ($189,624), Jones Memorial Hospital ($94,812).

Recipient	Purpose	Amount
OLEAN GENERAL HOSP FOUNDATION OLEAN, NY	GENERAL OPERATING	$189,624
JONES MEMORIAL HOSPITAL WELLSVILLE, NY	GENERAL OPERATING	$94,812

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEY BANK N A	TRUSTEE	1	—
KEYBANK N A	TRUSTEE	1	$50,365

Subject Areas

Focus areas based on grantmaking activity

Health In-patient medical care Hospital care

Frequently Asked Questions

What is Jeanette Dermitt Hospital Tw?

Jeanette Dermitt Hospital Tw is a private foundation focused on Health, based in BROOKLYN, OH. It holds $4.6M in total assets as of 2024.

How large is Jeanette Dermitt Hospital Tw?

As of 2024, Jeanette Dermitt Hospital Tw holds $4.6M in total assets with $221K in annual revenue. It awarded 2 grants totaling $284K in 2024.

Where does Jeanette Dermitt Hospital Tw operate?

Jeanette Dermitt Hospital Tw has awarded grants in New York.

What size grants does Jeanette Dermitt Hospital Tw award?

In 2024, Jeanette Dermitt Hospital Tw awarded 2 grants totaling $284K — an average of about $142K per grant, based on its IRS Form 990 filings.

How much is Jeanette Dermitt Hospital Tw required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jeanette Dermitt Hospital Tw reported a distributable amount of $299K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.