Katherine Lorraine Funston Memorial Fund

Private foundation · Grantmaker Brooklyn, OH EIN: 06-6494139

Katherine Lorraine Funston Memorial Fund is a private foundation, based in Brooklyn, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $67K. Net investment income was $152K.

Key facts about Katherine Lorraine Funston Memorial Fund

In short: Katherine Lorraine Funston Memorial Fund gave $67K across 1 grant in 2025 (avg $67K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
06-6494139
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$66,975
Grants made (2025)
1
Average grant
$66,975
Median grant
$66,975
Total assets
$1,231,430
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.2M

+6.9% YoY

Annual Giving

$67K

-5.1% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$67K

+89.9% YoY

Under IRS private-foundation payout rules, Katherine Lorraine Funston Memorial Fund reported a distributable amount of $63K for 2025 — the minimum it must pay out in qualifying distributions.

How Katherine Lorraine Funston Memorial Fund gives

  • Giving held roughly steady from 2022 to 2025 (+8%). Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

SchuylervilleNashville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 2 grants2021 1 grant2022 2 grants2023 2 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $62K (2022) to $71K (2024). In 2025 it made 1 grant totaling $67K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Schuylerville United Methodist: $67KSchuylerville United Methodist$67K

The largest 2025 recipient was Schuylerville United Methodist ($67K).

Grant Size Distribution

8 grants across all recorded years

4<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 8 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schuylerville United Methodist Schuylerville, NYGeneral Operating$66,975

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,231,430$1,151,714$1,194,761
Revenue$164,765$46,561$50,383
Expenses$85,080$88,792$85,369
Qualifying Distributions$72,189$75,898$73,098
Net Investment Income$152,391$34,263$36,680
Distributable Amount$63,171$62,652$58,109

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)

Leadership & Key People

Officers and directors from IRS filings

Katherine Lorraine Funston Memorial Fund's only listed officer is Keybank N A, Trustee on every filing since 2024 (compensated).

Officers on the 2025 filing

  • Keybank N A

    Trustee

    On filings since 2024

    1 hr/week

    $15K (2024) → $16K (2025)

Former officers (1)
  • Former: Keybank National Association (2020–2023) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Keybank N a — Trustee: $16KKeybank N aTrustee$16K

The highest reported compensation on the 2025 filing was $16K, to Keybank N a (Trustee).

Frequently asked questions about Katherine Lorraine Funston Memorial Fund

How much does Katherine Lorraine Funston Memorial Fund give each year?

Katherine Lorraine Funston Memorial Fund gave $67K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $71K across 2 grants.

How large is Katherine Lorraine Funston Memorial Fund?

Katherine Lorraine Funston Memorial Fund reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $63K (roughly 5% of its investment assets).

Where does Katherine Lorraine Funston Memorial Fund operate?

Katherine Lorraine Funston Memorial Fund has awarded grants in New York, Tennessee.

What is Katherine Lorraine Funston Memorial Fund's EIN?

Katherine Lorraine Funston Memorial Fund's EIN (Employer Identification Number) is 06-6494139. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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