Jerome T Osborne and Georgeanne S
The Jerome T. Osborne and Georgeanne S. Osborne Charitable Trust is a private foundation based in Mentor, Ohio. Established to honor the legacy of Jerome T. Osborne, a self-made entrepreneur and philanthropist, and his wife Georgeanne, the trust provides impactful philanthropic support to qualified charitable organizations primarily serving the Greater Cleveland area and surrounding regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$39.3M
+5.5% YoY
Annual Giving
$825K
-64.1% YoY
Grant Count
27
-35.7% YoY
Avg Grant Size
$31K
-44.2% YoY
Under IRS private-foundation payout rules, Jerome T Osborne and Georgeanne S reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: To provide impactful giving to charitable organizations in Greater Cleveland that serve the community in education inclusive of academic and vocational training; human service organizations that exist to enhance lives; cultural organizations that elevate the arts experience; care and programs for domestic and wild animals; mental health, substance abuse and medical needs for children and adults. Programs for veterans and food instability will also be considered as the Trustees review requests and award grants most important to Jerome and Georgeanne Osborne.
Primary Focus Areas:
- Education (academic and vocational training)
- Human Services
- The Arts
- Mental Health
- Animal Care (domestic and wild)
- Veterans Programs
- Food Instability
Values: The trust seeks organizations that share their values of enterprising spirit, limitless initiative, good work resulting in societal rewards, and organizations that are kind, humble and generous.
Grantmaking
The trust made 42 grants in the most recent year. Recent 2024 grant recipients include:
Grant Range
s vary, with recent awards ranging from $50,000 to $135,000.
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Geographic Focus
Where this funder awards grants
The trust primarily funds organizations in Greater Cleveland and Lake County, Ohio. Geographic focus areas also include select locations in California and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $39.3 million
- Total Revenue: $2.61 million
- Total Expenses: $1.19 million
- Net Income: $1.42 million
- Total Liabilities: $2.84 thousand
Revenue Sources:
- Contributions Received: $1,482,672 (56.7%)
- Interest Revenue: $1,048,290 (40.1%)
- Dividends: $46,645 (1.8%)
Expenses:
- Charitable Disbursements: $947,350 (79.4%)
- Compensation of Officers: $52,920 (4.4%)
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $39,261,948 | $37,197,902 |
| Revenue | $2,613,836 | $39,825,181 |
| Expenses | $1,192,495 | $2,627,279 |
| Qualifying Distributions | $947,350 | $2,389,577 |
| Net Investment Income | $907,776 | $646,275 |
| Distributable Amount | $1,823,299 | $1,783,673 |
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
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Andrews Osborne Academy ($135,000), Lake County Council on Aging ($110,000), Extended Housing ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PARISH OF ST BEDE THE VENERABLE MENTOR, OH | GENERAL OPERATING SUPPORT | $5,000 |
| PLAY2LEARN CONNECTION MENTOR, OH | GENERAL OPERATING SUPPORT | $10,000 |
| HERSHEY MONTESSORI CONCORD TOWNSHIP, OH | GENERAL OPERATING SUPPORT | $10,000 |
| LAKE METROPARKS CONCORD, OH | GENERAL OPERATING SUPPORT | $10,000 |
| SAINT JOHN SCHOOL ASHTABULA, OH | GENERAL OPERATING SUPPORT | $10,000 |
| DEEPWOOD FOUNDATION MENTOR, OH | GENERAL OPERATING SUPPORT | $10,000 |
| LEARNING ABOUT BUSINESS INC PAINESVILLE, OH | GENERAL OPERATING SUPPORT | $10,000 |
| ST GABRIELS SCHOOL MENTOR, OH | GENERAL OPERATING SUPPORT | $13,000 |
| LAKE HUMANE SOCIETY MENTOR, OH | GENERAL OPERATING SUPPORT | $15,000 |
| ECUMENICAL SHELTER NETWORK OF LAKE COUNTY INC PAINESVILLE TOWNSHIP, OH | GENERAL OPERATING SUPPORT | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by a board of trustees and a full-time director:
- Michael E. Osborne (Trustee)
- Georgeanne O. Gorman (Trustee)
- Jacqueline Osborne Fisher (Trustee)
- Jerome T. Osborne III (Trustee)
- Jeremy C. Osborne (Trustee)
- Maryann Autumn Luzius (Trustee)
- Alison Masters (Director, full-time)
All trustees serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL E OSBORNE | TRUSTEE | 1 | — |
| GEORGEANNE O GORMAN | TRUSTEE | 1 | — |
| JACQUELINE OSBORNE FISHER | TRUSTEE | 1 | — |
| JEROME T OSBORNE III | TRUSTEE | 1 | — |
| JEREMY C OSBORNE | TRUSTEE | 1 | — |
| MARYANN AUTUMN LUZIUS | TRUSTEE | 1 | — |
| ALISON MASTERS | DIRECTOR | 40 | $52,920 |
Frequently Asked Questions
What does Jerome T Osborne and Georgeanne S fund?
**Mission:** To provide impactful giving to charitable organizations in Greater Cleveland that serve the community in education inclusive of academic and vocational training; human service organizations that exist to enhance lives; cultural organizations that elevate the arts experience; care and programs for domestic and wild animals; mental health, substance abuse and medical needs for children and adults. Programs for veterans and food instability will also be considered as the Trustees revi…
How do I apply for a grant from Jerome T Osborne and Georgeanne S?
The trust made 42 grants in the most recent year. Recent 2024 grant recipients include: • Andrews Osborne Academy ($135,000) • Lake County Council on Aging ($110,000) • Lake-Geauga Habitat for Humanity ($50,000) • Extended Housing • The Sub Zero Mission • Women's Safe • Fieldstone Farm • United Way of Lake County, Inc. • The Fine Arts Association • Hannah's Home • YMCA Lake County • Hopewell • Lake County Free Clinic • True Freedom • Project Hope for the Homeless • Lake Humane Society • Play2Le…
Where does Jerome T Osborne and Georgeanne S make grants?
The trust primarily funds organizations in Greater Cleveland and Lake County, Ohio. Geographic focus areas also include select locations in California and Texas.
What size grants does Jerome T Osborne and Georgeanne S award?
In 2024, Jerome T Osborne and Georgeanne S awarded 27 grants totaling $825K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Jerome T Osborne and Georgeanne S required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jerome T Osborne and Georgeanne S reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jerome T Osborne and Georgeanne S's EIN?
Jerome T Osborne and Georgeanne S's EIN (Employer Identification Number) is 92-6385765. IRS Form 990 filing data is available on this page for 2023–2024.
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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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