M E Turner Rev Char Trust Pfdn

BROOKLYN, OH EIN: 01-6038526

M E Turner Rev Char Trust Pfdn is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $911K in total assets. In 2024, it awarded 1 grants totaling $46K. Net investment income was $41K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$911K

-0.8% YoY

Annual Giving

$46K

+10.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$46K

+10.7% YoY

Under IRS private-foundation payout rules, M E Turner Rev Char Trust Pfdn reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About M E Turner Rev Char Trust Pfdn

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $237K (100%)

States

Maine

Cities

Presque Isle

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$910,893	$918,368	$940,146
Revenue	$48,968	$29,853	$30,628
Expenses	$56,442	$51,630	$61,203
Qualifying Distributions	$48,599	$43,969	$53,512
Net Investment Income	$41,124	$22,511	$22,937
Distributable Amount	$53,195	$48,417	$50,812

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mark and Emily Turner Foundation ($46,072).

Recipient	Purpose	Amount
MARK AND EMILY TURNER FOUNDATION PRESQUE ISLE, ME	CHARITABLE PURPOSES	$46,072

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEYBANK NATIONAL ASSOCIATION	TRUSTEE	1	$10,106

Frequently Asked Questions

How large is M E Turner Rev Char Trust Pfdn?

As of 2024, M E Turner Rev Char Trust Pfdn holds $911K in total assets with $49K in annual revenue. It awarded 1 grants totaling $46K in 2024.

Where does M E Turner Rev Char Trust Pfdn operate?

M E Turner Rev Char Trust Pfdn has awarded grants in Maine.

What size grants does M E Turner Rev Char Trust Pfdn award?

In 2024, M E Turner Rev Char Trust Pfdn awarded 1 grants totaling $46K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is M E Turner Rev Char Trust Pfdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, M E Turner Rev Char Trust Pfdn reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is M E Turner Rev Char Trust Pfdn's EIN?

M E Turner Rev Char Trust Pfdn's EIN (Employer Identification Number) is 01-6038526. IRS Form 990 filing data is available on this page for 2020–2024.