Lucy and Emily Beasley Charitable Trust
Lucy and Emily Beasley Charitable Trust is a private foundation focused on Education, based in CLEVELAND, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 16 grants totaling $320K. Net investment income was $213K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
-2.4% YoY
Annual Giving
$320K
+1.6% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$20K
-4.8% YoY
Under IRS private-foundation payout rules, Lucy and Emily Beasley Charitable Trust reported a distributable amount of $368K for 2024 — the minimum it must pay out in qualifying distributions.
About Lucy and Emily Beasley Charitable Trust
Based on IRS filings
Lucy and Emily Beasley Charitable Trust is a private foundation focused on Education, based in CLEVELAND, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 16 grants totaling $320K. Net investment income was $213K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,164,759 | $6,315,218 | $6,337,328 |
| Revenue | $318,368 | $452,254 | $505,757 |
| Expenses | $468,827 | $474,364 | $516,592 |
| Qualifying Distributions | $358,726 | $357,691 | $395,563 |
| Net Investment Income | $212,554 | $342,923 | $393,189 |
| Distributable Amount | $368,340 | $340,650 | $374,248 |
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
88 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cumberland College ($100,000), Boys and Girls Club of the Western Reserve ($35,000), Open M ($33,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACCESS AKRON, OH | GENERAL | $15,000 |
| AKRON ROTARY FOUNDATION AKRON, OH | ROTARY HANDICAPPED CHILDREN'S CAMP | $9,000 |
| AKRON ZOO AKRON, OH | GENERAL | $9,000 |
| ARDMORE FOUNDATION INC AKRON, OH | GENERAL | $9,000 |
| BATTERED WOMEN'S SHELTER AKRON, OH | GENERAL | $13,000 |
| BOYS AND GIRLS CLUB OF THE WESTERN RESERVE AKRON, OH | GENERAL | $35,000 |
| BROKEN CHAINS MINISTRY AKRON, OH | GENERAL | $24,000 |
| CASAGAL PROGRAM OF SUMMIT COUNTY AKRON, OH | GENERAL | $15,000 |
| CUMBERLAND COLLEGE WILLIAMSBURG, KY | GENERAL | $100,000 |
| FAMILY PROMISE OF SUMMIT COUNTY AKRON, OH | GENERAL | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOWARD W CABLE JR | TRUSTEE | 3 | $70,814 |
| GAY W CABLE | BOARD MEMBER | 2 | $13,000 |
| HOWARD W CABLE III | BOARD MEMBER | 2 | $13,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lucy and Emily Beasley Charitable Trust?
Lucy and Emily Beasley Charitable Trust is a private foundation focused on Education, based in CLEVELAND, OH. It holds $6.2M in total assets as of 2024.
How large is Lucy and Emily Beasley Charitable Trust?
As of 2024, Lucy and Emily Beasley Charitable Trust holds $6.2M in total assets with $318K in annual revenue. It awarded 16 grants totaling $320K in 2024.
Where does Lucy and Emily Beasley Charitable Trust operate?
Lucy and Emily Beasley Charitable Trust has awarded grants in Kentucky, Ohio, Tennessee.
What size grants does Lucy and Emily Beasley Charitable Trust award?
In 2024, Lucy and Emily Beasley Charitable Trust awarded 16 grants totaling $320K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Lucy and Emily Beasley Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lucy and Emily Beasley Charitable Trust reported a distributable amount of $368K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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