Lucy and Emily Beasley Charitable Trust
The Lucy and Emily Beasley Charitable Trust is a private foundation based in Cleveland, Ohio. It reported 13 grants totaling $325,000 in 2025 to charitable organizations in Ohio, Kentucky, and Tennessee.
Lucy and Emily Beasley Charitable Trust at a glance
In short: Lucy and Emily Beasley Charitable Trust gave $325K across 13 grants in 2025 (avg $25K), mostly in Ohio. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $325,000
- +1.6% vs 2024
- Grants made (2025)
- 13
- -18.8% vs 2024
- Average grant
- $25,000
- +25.0% vs 2024
- Median grant
- $15,000
- Total assets
- $6,140,773
- -0.4% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 13, 2025; small sample)
- Primary geography
- Ohio (69% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Lucy and Emily Beasley Charitable Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The 2024 filing lists a letter describing the organization and its need as the application materials, with JP Morgan Chase Bank NA as the contact. It states that there are no restrictions of any kind on awards.
- Review Cycle
- No deadline; the filing says applications may be submitted at any time during the year.
- Deadline
- No deadline; the filing says applications may be submitted at any time during the year.
- Contact
Application contact: Jp Morgan Chase Bank Na
Mailing address: 1300 E 9Th St, Cleveland, OH 44114
Phone: (216) 781-2204
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lucy and Emily Beasley Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Cumberland College ($100K). Together the top 10 received $318K.
Grant Size Distribution
82 grants across all recorded years
The most common grant size was under $50K: 75 grants of 82 (91%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that 69% of grant dollars went to recipients in Ohio, 31% to Kentucky, and 1% to Tennessee. The listed grant recipients were in Akron, Ohio; Williamsburg, Kentucky; and Nashville, Tennessee.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
Cities
Is Lucy and Emily Beasley Charitable Trust open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 13 grantees (0%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−9%). 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
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $310K (2019) to $356K (2022). In 2025 it made 13 grants totaling $325K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cumberland College Williamsburg, KY | General | $100,000 |
| Boys and Girls Club of the Western Reserve Akron, OH | General | $40,000 |
| Open M Akron, OH | General | $40,000 |
| The Salvation Army Akron, OH | General | $35,000 |
| Broken Chains Ministry Akron, OH | General | $30,000 |
| Access Akron, OH | General | $20,000 |
| Akron Rotary Foundation Akron, OH | Rotary Handicapped Children's Camp | $15,000 |
| Ardmore Foundation Inc Akron, OH | General | $15,000 |
| Battered Women's Shelter Akron, OH | General | $15,000 |
| Haven of Rest Akron, OH | General | $8,000 |
Ready to take the next step with Lucy and Emily Beasley Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,140,773 | $459,208 | $483,194 | $325,000 | 13 | $365,315 | $347,543 | $387,717 |
| 2024 | $6,164,759 | $318,368 | $468,827 | $320,000 | 16 | $358,726 | $212,554 | $368,340 |
| 2023 | $6,315,218 | $452,254 | $474,364 | $315,000 | 15 | $357,691 | $342,923 | $340,650 |
| 2022 | $6,337,328 | $505,757 | $516,592 | $356,000 | 19 | $395,563 | $393,189 | $374,248 |
| 2021 | $6,333,260 | $555,101 | $515,998 | $349,000 | 19 | — | $438,174 | $395,874 |
| 2020 | $6,296,984 | $418,043 | $469,651 | $312,000 | 19 | — | $309,504 | $361,090 |
| 2019 | $6,347,029 | $328,811 | $453,878 | $310,000 | 22 | — | $230,059 | $355,066 |
Under IRS private-foundation payout rules, Lucy and Emily Beasley Charitable Trust reported a distributable amount of $388K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the trust is provided. Its 2025 grants show support for a range of charitable organizations. For example, ACCESS, Inc. describes its mission as serving women and children experiencing homelessness and helping women attain permanent housing through education, advocacy, and empowerment. Ardmore Foundation Inc. says it operates for the benefit of Ardmore Inc., which provides services to people with developmental disabilities. Akron Rotary Foundation describes its work as funding the impact of the Rotary Club of Akron in the community and beyond.
Grantmaking
In 2025, the trust made 13 grants totaling $325,000. Grants ranged from $1,000 to $100,000, with a median grant of $15,000. Largest recipients included Cumberland College ($100,000), Boys and Girls Club of the Western Reserve ($40,000), Open M ($40,000), The Salvation Army ($35,000), and Broken Chains Ministry ($30,000). Other grants included $20,000 to ACCESS, $15,000 each to Akron Rotary Foundation, Ardmore Foundation Inc., and Battered Women’s Shelter, and $8,000 to Haven of Rest.
The trust’s 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
Leadership & Key People
Leadership team and compensation from IRS filings
The trust’s 2025 filing lists Howard W. Cable Jr. as trustee, and Gay W. Cable and Howard W. Cable III as board members.
Lucy and Emily Beasley Charitable Trust's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Howard W. Cable Jr.
Trustee
On filings since 2019
3 hrs/week
$69K (2019) → $74K (2025)
Gay W. Cable
Board Member
On filings since 2019
2 hrs/week
$12K (2019) → $13K (2025)
Howard W. Cable III
Board Member
On filings since 2023
2 hrs/week
$13K (2023) → $13K (2025)
Former officers (1)
- Former: A. Russell Smith (2019–2023) — Board Member
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $74K, to Howard W Cable Jr (Trustee). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Lucy and Emily Beasley Charitable Trust
How much does Lucy and Emily Beasley Charitable Trust give each year?
Lucy and Emily Beasley Charitable Trust gave $325K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $320K across 16 grants.
What is Lucy and Emily Beasley Charitable Trust's typical grant size?
Lucy and Emily Beasley Charitable Trust's median grant in 2025 was $15,000, and its average grant was $25,000, across 13 grants on its 2025 IRS Form 990-PF.
Where does Lucy and Emily Beasley Charitable Trust give grants?
Lucy and Emily Beasley Charitable Trust gives mostly in Ohio: 69% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Kentucky (31%). The most frequent recipient cities were Akron, OH (10 grants).
Does Lucy and Emily Beasley Charitable Trust give general operating support?
Yes: 92% of Lucy and Emily Beasley Charitable Trust's 2025 grants with a stated purpose (12 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Lucy and Emily Beasley Charitable Trust's largest grantees?
Lucy and Emily Beasley Charitable Trust's largest 2025 grantees include Cumberland College ($100,000), Boys and Girls Club of the Western Reserve ($40,000) and Open M ($40,000), according to its 2025 IRS Form 990-PF. Together they received 55% of its itemized 2025 grant dollars.
How large is Lucy and Emily Beasley Charitable Trust?
Lucy and Emily Beasley Charitable Trust reported $6.1M in total assets on its 2025 IRS Form 990-PF. It paid out $365K in qualifying distributions that year, against a required minimum of $388K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Lucy and Emily Beasley Charitable Trust fund?
No mission statement for the trust is provided. Its 2025 grants show support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from Lucy and Emily Beasley Charitable Trust?
The 2024 filing lists a letter describing the organization and its need as the application materials, with JP Morgan Chase Bank NA as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lucy and Emily Beasley Charitable Trust's EIN?
Lucy and Emily Beasley Charitable Trust's EIN (Employer Identification Number) is 34-1350747. IRS Form 990 filing data is available on this page for 2019–2025.
Does Lucy and Emily Beasley Charitable Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 30, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Lucy and Emily Beasley Charitable Trust's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Lucy and Emily Beasley Charitable Trust funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/lucy-and-emily-beasley-charitable-trust-morg_442ab1b6b46745babcd719a4607cc383
BibTeX
@misc{grantable_341350747_2026,
author = {{Grantable}},
title = {{Lucy and Emily Beasley Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lucy-and-emily-beasley-charitable-trust-morg_442ab1b6b46745babcd719a4607cc383},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Lucy and Emily Beasley Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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