Katherine P Hare Charitable Trust

Private foundation · Grantmaker Marietta, OH EIN: 31-6615260

Katherine P Hare Charitable Trust is a private foundation, based in Marietta, OH. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $382K in total assets. In 2025, it awarded 5 grants totaling $26K. Net investment income was $29K.

Key facts about Katherine P Hare Charitable Trust

In short: Katherine P Hare Charitable Trust gave $26K across 5 grants in 2025 (avg $5K), top state New York. Source: 2025 IRS Form 990-PF.

EIN
31-6615260
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$25,935
Grants made (2025)
5
Average grant
$5,187
Median grant
$6,483
Total assets
$382,021
Primary geography
New York (25% 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

$382K

-0.9% YoY

Annual Giving

$26K

+17.6% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$5K

+17.6% YoY

Under IRS private-foundation payout rules, Katherine P Hare Charitable Trust reported a distributable amount of $33K for 2025 — the minimum it must pay out in qualifying distributions.

How Katherine P Hare Charitable Trust gives

  • Giving grew 602% from 2022 to 2025. Method
  • In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

5states

Share of all 5 itemized 2025 grant dollars.

Cities

CharlotteColorado SpringsLincolnNew YorkWilmington

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K5 grants20215 grants20225 grants20235 grants20245 grants2025

From 2021 to 2025, annual grant giving ranged from $4K (2022) to $28K (2021). In 2025 it made 5 grants totaling $26K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

The Bowery Mission: $6KThe Bowery Mission$6KBilly Graham Evangelistic Assoc: $6KBilly Graham EvangelisticAssoc$6KBack to the Bible: $6KBack to the Bible$6KWilmington Christian Academy: $3KWilmington Christian Academy$3KAssociation of Christian Schools: $3KAssociation of ChristianSchools$3K

The largest 2025 recipient was The Bowery Mission ($6K). Together the top 5 received $26K.

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 25 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Bowery Mission New York, NYSupport of Mission$6,483
Billy Graham Evangelistic Assoc Charlotte, NCSupport of Programs$6,483
Back to the Bible Lincoln, NESupport of Programs$6,483
Wilmington Christian Academy Wilmington, OHSupport of Academy$3,243
Association of Christian Schools Colorado Springs, COSupport of Schools$3,243

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K20212022202320242025
Metric202520242023
Total Assets$382,021$385,361$379,472
Revenue$33,616$37,214$12,754
Expenses$37,002$31,281$25,785
Qualifying Distributions$30,711$26,601$21,416
Net Investment Income$28,661$32,533$9,309
Distributable Amount$32,634$30,485$27,188

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  3. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Katherine P Hare Charitable Trust's only listed officer is Peoples Bank, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Peoples Bank

    Trustee

    On filings since 2022

    1 hr/week

    $2K (2022) → $8K (2025)

Data from IRS Form 990 filings, 2022–2025. "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

Peoples Bank — Trustee: $8KPeoples BankTrustee$8K

The highest reported compensation on the 2025 filing was $8K, to Peoples Bank (Trustee).

Frequently asked questions about Katherine P Hare Charitable Trust

How much does Katherine P Hare Charitable Trust give each year?

Katherine P Hare Charitable Trust gave $26K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 5 grants.

What is Katherine P Hare Charitable Trust's typical grant size?

Katherine P Hare Charitable Trust's median grant in 2025 was $6,483, and its average grant was $5,187, across 5 grants on its 2025 IRS Form 990-PF.

Where does Katherine P Hare Charitable Trust give grants?

Katherine P Hare Charitable Trust's top state is New York, with 25% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were North Carolina (25%) and Nebraska (25%).

Does Katherine P Hare Charitable Trust give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Katherine P Hare Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support.

Who are Katherine P Hare Charitable Trust's largest grantees?

Katherine P Hare Charitable Trust's largest 2025 grantees include The Bowery Mission ($6,483), Billy Graham Evangelistic Assoc ($6,483) and Back to the Bible ($6,483), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.

How large is Katherine P Hare Charitable Trust?

Katherine P Hare Charitable Trust reported $382K in total assets on its 2025 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $33K (roughly 5% of its investment assets).

What is Katherine P Hare Charitable Trust's EIN?

Katherine P Hare Charitable Trust's EIN (Employer Identification Number) is 31-6615260. IRS Form 990 filing data is available on this page for 2021–2025.

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

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