Kenneth L Calhoun Char Tr

Foundation · Grantmaker BROOKLYN, OH EIN: 34-1370330

The Kenneth L Calhoun Charitable Trust is a private charitable foundation established in 1982 and based in Brooklyn, Ohio. The trust operates as a non-operating foundation with a 501(c)(3) tax-exempt designation. It is administered by Key Bank NA as principal officer.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.9M

+9.3% YoY

Annual Giving

$315K

-3.3% YoY

Grant Count

-8.5% YoY

Avg Grant Size

$6K

+5.6% YoY

Under IRS private-foundation payout rules, Kenneth L Calhoun Char Tr reported a distributable amount of $474K for 2025 — 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 foundation provides grants primarily for the arts, as well as education, health organizations, and human services. According to recent grantmaking patterns, approximately 27% of giving supports social and human services, 17% supports arts and culture, and 16% supports education.

Grantmaking

Grants are restricted to the greater Akron, Ohio area with emphasis on Summit County.

Grant Range

$6,000

Average Grant

$9,000

Review Cycle

June 30 annually, with calendar quarterly month-end deadlines

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Ohio, District of Columbia, and Arizona, which account for 96% of all grants. Grantmaking reaches organizations across 7 states, with particular emphasis on the greater Akron and Summit County areas of Ohio.

Grant Distribution by State

Ohio $1.5M (92%)

Virginia $26K (2%)

District of Columbia $22K (1%)

Michigan $16K (1%)

Arizona $15K (1%)

Missouri $15K (1%)

Pennsylvania $8K (0%)

California $7K (0%)

+4 more states

States

Alabama Arizona California Connecticut District of Columbia Michigan Missouri North Carolina New Mexico Ohio Pennsylvania Virginia

Cities

AkronAlbuquerqueAlexandriaBereaBirminghamBrecksvilleBroadview HtsBrooklynCantonCharlotteClevelandClintonColumbiaColumbusCopleyCumberlandCuyahoga FallsCuyahoga FlsFairlawnHerndon

Financial History

Multi-year comparison from IRS filings

Assets & Income:

Total assets: $4.49 million (2024)
Total assets: $4.9 million (alternative reporting)
Annual income: $1 million
Total liabilities: $0 (2024)
Revenue: $590,000 (2024)
Expenses: $410,000 (2024)

Historical Giving:

Total giving reported: $325,585 (in one reporting period)
Total assets: $4,311,916 (in another reporting period)

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$4,907,821	$4,489,649	$4,311,916
Revenue	$825,145	$589,953	$174,578
Expenses	$416,924	$410,169	$507,935
Qualifying Distributions	$338,827	$347,806	$450,218
Net Investment Income	$754,471	$526,939	$116,956
Distributable Amount	$474,080	$409,044	$357,856

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 2025

Grant Size Distribution

201 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include American Red Cross ($15,000), Stan Hywet Hall Gardens ($15,000), Walsh Jesuit High School ($15,000).

Recipient	Purpose	Amount
VICTIM ASSISTANCE PROGRAM AKRON, OH	GENERAL OPERATING	$7,500
AKRON CHILDRENS HOSPITAL AKRON, OH	GENERAL OPERATING	$7,500
OPEN M AKRON, OH	GENERAL OPERATING	$5,000
ALCHEMY INC COPLEY, OH	GENERAL OPERATING	$10,000
AULTMAN COLLEGE CANTON, OH	GENERAL OPERATING	$5,000
URSULINE SISTERS OF CLEVELAND MAYFIELD HEIGHTS, OH	GENERAL OPERATING	$5,000
JEWISH FAMILY SERVICES OF AKRON AKRON, OH	GENERAL OPERATING	$3,500
AMERICAN RED CROSS AKRON, OH	GENERAL OPERATING	$15,000
GOODWILL INDUSTRIES OF AKRON AKRON, OH	GENERAL OPERATING	$5,000
CHILD GUIDANCE AND FAMILY SOLUTIONS AKRON, OH	GENERAL OPERATING	$6,300

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer: Key Bank NA
Trust Advisors: Carl A Draucker and Philip C Bradley
Donor: Kenneth Calhoun

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
KEYBANK N A	TRUSTEE	1	$91,107

Frequently Asked Questions

What does Kenneth L Calhoun Char Tr fund?

How do I apply for a grant from Kenneth L Calhoun Char Tr?

**Grant Activity:** • Between 2021 and 2024, the foundation made 227 grants totaling $2.1 million • Median grant size: $6,000 • Average grant size: $9,000 • Individual grants have ranged from $2,000 to $277,000 • The foundation has supported 80 unique organizations **Recent Giving Trends:** • 2021: $277,000 distributed • 2022: $914,000 distributed across 116 grants (highest activity year) • 2023: $864,000 distributed • 2024: $410,000 in expenses **Application Process:** • Deadline: June 30 annu…

Where does Kenneth L Calhoun Char Tr make grants?

What size grants does Kenneth L Calhoun Char Tr award?

In 2025, Kenneth L Calhoun Char Tr awarded 54 grants totaling $315K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Kenneth L Calhoun Char Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Kenneth L Calhoun Char Tr reported a distributable amount of $474K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.