Joan C Edwards Charitable

Foundation · Grantmaker DEFIANCE, OH EIN: 20-8374445

Joan C Edwards Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEFIANCE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.1M in total assets. In 2024, it awarded 3 grants totaling $1.9M. Net investment income was $2.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$29.1M

+0.6% YoY

Annual Giving

$1.9M

+17.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$630K

+17.2% YoY

Under IRS private-foundation payout rules, Joan C Edwards Charitable reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.

About Joan C Edwards Charitable

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $7.1M (88%)

Ohio $962K (12%)

States

Ohio West Virginia

Cities

ClevelandHuntington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$29,060,061	$28,889,992	$31,353,099
Revenue	$2,860,722	$-116,639	$710,963
Expenses	$2,657,496	$2,331,630	$2,288,636
Qualifying Distributions	$2,064,133	$1,751,931	$1,721,118
Net Investment Income	$2,153,156	—	$222,714
Distributable Amount	$2,110,617	$2,029,421	$1,749,281

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marshall University School of Med ($1,695,963), Case Western Reserve University ($188,440), Cleveland School Science Medicine ($5,150).

Recipient	Purpose	Amount
CASE WESTERN RESERVE UNIVERSITY CLEVELAND, OH	EDWARDS SCHOLARS ENDOWMENT	$188,440
MARSHALL UNIVERSITY SCHOOL OF MED HUNTINGTON, WV	SCHOOL OF MEDICINE ENDOWMENT	$1,695,963
CLEVELAND SCHOOL SCIENCE MEDICINE CLEVELAND, OH	SCHOLARSHIP	$5,150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARSHALL T REYNOLDS	DISTRIBUTION	1	—
ELIZABETH HAMMERS	DISTRIBUTION	1	—
BRIAN MCDONALD	EXEC DIR / D	40	$125,000
STATE BANK TRUST CO	TRUSTEE	10	$87,179

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Joan C Edwards Charitable?

Joan C Edwards Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEFIANCE, OH. It holds $29.1M in total assets as of 2024.

How large is Joan C Edwards Charitable?

As of 2024, Joan C Edwards Charitable holds $29.1M in total assets with $2.9M in annual revenue. It awarded 3 grants totaling $1.9M in 2024.

Where does Joan C Edwards Charitable operate?

Joan C Edwards Charitable has awarded grants in Ohio, West Virginia.

What size grants does Joan C Edwards Charitable award?

In 2024, Joan C Edwards Charitable awarded 3 grants totaling $1.9M — an average of about $630K per grant, based on its IRS Form 990 filings.

How much is Joan C Edwards Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joan C Edwards Charitable reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.