L R Moffitt & L W Moffitt Foundation
The L R Moffitt & L W Moffitt Foundation is a private foundation based in Columbus, Ohio, established as a non-exempt charitable trust. The foundation has been tax-exempt since June 1972 and operates with a broad philanthropic mission supporting nonprofit organizations across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-3.1% YoY
Annual Giving
$78K
+5.4% YoY
Grant Count
65
+0.0% YoY
Avg Grant Size
$1K
+5.4% YoY
Under IRS private-foundation payout rules, L R Moffitt & L W Moffitt Foundation reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not specify particular subject areas of focus in its public filings. However, based on documented grant activity, the foundation supports a diverse range of causes including:
- Social services
- Youth sports
- Health
- Education
- Community development
- Civic affairs
- Children and youth
- Arts and culture
- Historic preservation
- Homelessness prevention
Grantmaking
Grant Range
is approximately $5,000
Average Grant
is approximately $5,000
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple states, with documented giving in:
- Ohio
- Texas
- Virginia
- California
- Colorado
- Georgia
- Illinois
- Michigan
The foundation has particular historical connections to the Akron and Summit County area of Ohio.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets (2023): $1,504,059
- Total liabilities (2023): $0
- 2023 revenue: $114,069
- 2023 expenses: $105,582
- Net income (2023): $8,487
- Asset growth: 2.6% increase from previous year
Expense Ratio: 92%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,457,056 | $1,504,059 | $1,496,238 |
| Revenue | $63,018 | $114,069 | $116,765 |
| Expenses | $109,131 | $105,582 | $105,805 |
| Qualifying Distributions | $93,620 | $90,569 | $90,703 |
| Net Investment Income | $48,335 | $100,082 | $102,074 |
| Distributable Amount | $91,048 | $90,975 | $89,047 |
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 2024
Grant Size Distribution
201 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Presbyterian Church ($6,500), Akron-canton Regional Foodbank ($5,000), Stewarts Caring Place ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST PRESBYTERIAN CHURCH MIDDLEPORT, OH | GENERAL OPERATING | $6,500 |
| GASP GUARDIANS ADVOCATING CHILD SAFETY A AKRON, OH | GENERAL OPERATING | $500 |
| STEWARTS CARING PLACE FAIRLAWN, OH | GENERAL OPERATING | $2,500 |
| THE SALVATION ARMY ALEXANDRIA, VA | GENERAL OPERATING | $1,500 |
| RONALD MCDONALD HOUSE OF CHARITIES NE BOSTON, MA | GENERAL OPERATING | $1,000 |
| HUMANE SOCIETY OF SUMMIT COUNTY TWINSBURG, OH | GENERAL OPERATING | $2,000 |
| CUYAHOGA VALLEY PRESERVATION AND SCENIC PENINSULA, OH | GENERAL OPERATING | $1,000 |
| HUMILITY OF MARY HOUSING PROGRAM CUYAHOGA FLS, OH | GENERAL OPERATING | $1,000 |
| COMMUNITY OUTREACH RESOURCES EXCHANGE CUYAHOGA FLS, OH | GENERAL OPERATING | $500 |
| LEADERSHIP AKRON AKRON, OH | GENERAL OPERATING | $500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Orville L. Reed III, Esq. – Co-Trustee
- William Caplan, Esq. – Co-Trustee
- Huntington National Bank – Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ORVILLE L REED III ESQ | CO TRUSTEE | — | $4,602 |
| WILLIAM CAPLAN EXQ | CO TRUSTEE | — | $4,602 |
| HUNTINGTON NATIONAL BANK | TRUSTEE | 1 | $18,475 |
Recent News & Activity
Recent developments and announcements
The foundation maintains active grantmaking operations with consistent annual distributions. In 2024, the foundation awarded grants to 65 organizations, demonstrating ongoing commitment to its philanthropic mission across its geographic service areas.
2024 Moffat Family Fund Grant Results \u2013 Saskatchewan Community FoundationFrequently Asked Questions
What does L R Moffitt & L W Moffitt Foundation fund?
The foundation does not specify particular subject areas of focus in its public filings. However, based on documented grant activity, the foundation supports a diverse range of causes including: • Social services • Youth sports • Health • Education • Community development • Civic affairs • Children and youth • Arts and culture • Historic preservation • Homelessness prevention
How do I apply for a grant from L R Moffitt & L W Moffitt Foundation?
**Grant Activity:** • In 2024, the foundation awarded 65 grants totaling approximately $74,000 • Average grant size is approximately $5,000 • The foundation reports being open to new applicants, with approximately 12% of new applicants receiving funding **Financial Support:** • 2023 revenue: $114,069 • 2023 expenses: $105,582 • Revenue sources in 2023 included dividends (49.5% of revenue) and sales of assets (50.5% of revenue)
Where does L R Moffitt & L W Moffitt Foundation make grants?
The foundation funds projects across multiple states, with documented giving in: • Ohio • Texas • Virginia • California • Colorado • Georgia • Illinois • Michigan The foundation has particular historical connections to the Akron and Summit County area of Ohio.
What size grants does L R Moffitt & L W Moffitt Foundation award?
In 2024, L R Moffitt & L W Moffitt Foundation awarded 65 grants totaling $78K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is L R Moffitt & L W Moffitt Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, L R Moffitt & L W Moffitt Foundation reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is L R Moffitt & L W Moffitt Foundation's EIN?
L R Moffitt & L W Moffitt Foundation's EIN (Employer Identification Number) is 34-6597380. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in L R Moffitt & L W Moffitt Foundation's focus areas in our free grants database
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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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