Kenneth L Calhoun Char Tr
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
54
-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.
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
States
Cities
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)
| 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?
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.
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?
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.
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.
What is Kenneth L Calhoun Char Tr's EIN?
Kenneth L Calhoun Char Tr's EIN (Employer Identification Number) is 34-1370330. IRS Form 990 filing data is available on this page for 2021–2025.
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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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