Mount Vernon Development Company Inc
Mount Vernon Development Company Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MOUNT VERNON, OH. IRS filing data is available for 2020. In 2020, it awarded 5 grants totaling $5.7M.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$5.7M
Grant Count
5
Avg Grant Size
$1.1M
About Mount Vernon Development Company Inc
Based on IRS filings
Mount Vernon Development Company Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MOUNT VERNON, OH. IRS filing data is available for 2020. In 2020, it awarded 5 grants totaling $5.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | — |
| Revenue | $22,143 |
| Expenses | $5,851,981 |
| Qualifying Distributions | — |
| Net Investment Income | — |
| Distributable Amount | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2020
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Kenyon College ($2,066,206), Knox County Foundation ($1,343,931), Mount Vernon Nazarene University ($1,163,453).
| Recipient | Purpose | Amount |
|---|---|---|
| KNOX COUNTY FOUNDATION MOUNT VERNON, OH | TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION | $255,750 |
| MOUNT VERNON NAZARENE UNIVERSITY MOUNT VERNON, OH | TO ADDRESS NEEDS OF EMPLOYEES AND OTHER ASSOCIATED PARTIES OF THE NON-PROFIT ORGANIZAITON | $1,163,453 |
| KNOX COMMUNITY HOSPITAL MOUNT VERNON, OH | TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION | $909,353 |
| KENYON COLLEGE GAMBIER, OH | TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION | $2,066,206 |
| KNOX COUNTY FOUNDATION MOUNT VERNON, OH | TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION | $1,343,931 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIM ROSE | PRESIDENT | 3 | — |
| JODI PURSEL | SECRETARY | 1 | — |
| KURT SCHISLER | TREASURER | 1 | — |
| MARK R RAMSER | VICE PRESIDENT | 1 | — |
| JENNIFER ODENWELLER | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mount Vernon Development Company Inc?
Mount Vernon Development Company Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MOUNT VERNON, OH. It holds — in total assets as of 2020.
Where does Mount Vernon Development Company Inc operate?
Mount Vernon Development Company Inc has awarded grants in Ohio.
What size grants does Mount Vernon Development Company Inc award?
In 2020, Mount Vernon Development Company Inc awarded 5 grants totaling $5.7M — an average of about $1.1M per grant, based on its IRS Form 990 filings.
What is Mount Vernon Development Company Inc's EIN?
Mount Vernon Development Company Inc's EIN (Employer Identification Number) is 47-5380096. IRS Form 990 filing data is available on this page for 2020.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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