John K Henne Charitable Trust

LYNCHBURG, VA EIN: 25-6261354

The John K Henne Charitable Trust is a private foundation based in Lynchburg, Virginia. Designated as a 501(c)(3) organization, it has been tax-exempt since February 1987. The trust manages philanthropic activities across multiple states with a focus on education, human services, and related charitable purposes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+15.8% YoY

Annual Giving

$243K

+3.7% YoY

Grant Count

26

+0.0% YoY

Avg Grant Size

$9K

+3.7% YoY

Under IRS private-foundation payout rules, John K Henne Charitable Trust reported a distributable amount of $273K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The trust's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Science and STEM Education

Grantmaking

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Geographic Focus

Where this funder awards grants

The John K Henne Charitable Trust supports projects across multiple states, including:

  • Virginia
  • Pennsylvania
  • Ohio
  • New York
  • Connecticut
  • South Carolina

Specific cities where the trust has funded projects include Austinburg, Erie, Haverford, Lancaster, Lynchburg, New Alexandria, New Lebanon, Pittsburgh, Titusville, Verona, and Windsor.

Grant Distribution by State

6states

Cities

AustinburgConwayErieHaverfordLancasterLynchburgNew AlexandriaNew LebanonOil CityPittsburghTitusvilleVeronaWindsor

Financial History

Multi-year comparison from IRS filings

Assets: $1.27–$1.47 million (as of most recent filings)

Annual Revenue: Approximately $244,000–$245,000

Annual Expenses: Approximately $261,000

Total Liabilities: $0

Expense Ratio: 106.9% of total revenue spent on programs

The trust's expenses have exceeded revenues in recent years, reflecting active grant distribution relative to investment income.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$131K$261K$392K$522K20202021202220232024
Metric202420232022
Total Assets$1,470,067$1,269,192$1,286,120
Revenue$474,671$244,506$85,386
Expenses$275,858$261,324$282,171
Qualifying Distributions$246,427$236,925$249,610
Net Investment Income$447,175$220,520$59,655
Distributable Amount$272,608$242,251$236,535

Giving Over Time

Total grant dollars and number of grants per year

$0$62K$124K$186K$248K25 grants202022 grants202123 grants202226 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DRAKE WELL MUSEUM$30KUNITED WAY OF CENTRAL VI…$30KYMCA OF TITUSVILLE$26KUNIVERSITY OF LYNCHBURG$25KYWCA OF TITUSVILLE$16KNO WALLS MINISTRY$16KLOVE INC$12KNEW FOUNDATION COMMUNITY…$10KTITUSVILLE WOODLAWN CEME…$10KFIRST PRESBYTERIAN CHURCH$10K

Grant Size Distribution

122 grants across all recorded years

122<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Drake Well Museum ($30,000), United Way of Central Virginia ($30,000), Ymca of Titusville ($25,500).

RecipientPurposeAmount
NEW FOUNDATION COMMUNITY MINISTRY LYNCHBURG, VAGENERAL SUPPORT$10,000
TITUSVILLE AREA UNITED WAY TITUSVILLE, PAGENERAL SUPPORT$5,000
DARROW SCHOOL NEW LEBANON, NYGENERAL SUPPORT$5,500
LANCASTER COUNTRY DAY SCHOOL LANCASTER, PAGENERAL SUPPORT$1,000
HAVERFORD COLLEGE HAVERFORD, PAGENERAL SUPPORT$1,000
PENNSYLVANIA STATE BEHREND HENNE ERIE, PAGENERAL SUPPORT$1,000
TITUSVILLE AREA HOSPITAL TITUSVILLE, PAGENERAL SUPPORT$2,000
YWCA OF TITUSVILLE TITUSVILLE, PAGENERAL SUPPORT$16,000
YMCA OF TITUSVILLE TITUSVILLE, PAGENERAL SUPPORT$25,500
ASSOCIATED CHARITIES TITUSVILLE, PAGENERAL SUPPORT$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Todd L. Olsen serves as trustee of the organization and receives compensation of $4,000 for his role.

Compensation Overview

From 2024 IRS filing

TODD L OLSENTRUSTEE$4K

From 2024 filing

NameTitleHoursCompensation
TODD L OLSENTRUSTEE1$4,000

Frequently Asked Questions

What does John K Henne Charitable Trust fund?

The trust's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education

How do I apply for a grant from John K Henne Charitable Trust?

**Grant Amounts:** Typical awards range from $500 to $40,500. **Recent Activity:** The trust awarded 26 grants in 2024, with total giving of approximately $235,000–$243,000 annually. **Application Status:** The trust is open to new applicants.

Where does John K Henne Charitable Trust make grants?

The John K Henne Charitable Trust supports projects across multiple states, including: • Virginia • Pennsylvania • Ohio • New York • Connecticut • South Carolina Specific cities where the trust has funded projects include Austinburg, Erie, Haverford, Lancaster, Lynchburg, New Alexandria, New Lebanon, Pittsburgh, Titusville, Verona, and Windsor.

What size grants does John K Henne Charitable Trust award?

In 2024, John K Henne Charitable Trust awarded 26 grants totaling $243K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is John K Henne Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John K Henne Charitable Trust reported a distributable amount of $273K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John K Henne Charitable Trust's EIN?

John K Henne Charitable Trust's EIN (Employer Identification Number) is 25-6261354. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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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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