Norehad Charitable Foundation
Norehad Charitable Foundation is a private foundation, based in BAY VILLAGE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $415K in total assets. In 2024, it awarded 21 grants totaling $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$415K
-13.2% YoY
Annual Giving
$29K
-4.0% YoY
Grant Count
21
+90.9% YoY
Avg Grant Size
$1K
-49.7% YoY
Under IRS private-foundation payout rules, Norehad Charitable Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Norehad Charitable Foundation
Based on IRS filings
Norehad Charitable Foundation is a private foundation, based in BAY VILLAGE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $415K in total assets. In 2024, it awarded 21 grants totaling $29K.
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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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $414,779 | $477,605 | $464,781 |
| Revenue | $-19,838 | $58,235 | $72,660 |
| Expenses | $42,988 | $45,411 | $60,780 |
| Qualifying Distributions | $29,400 | $30,769 | $45,465 |
| Net Investment Income | — | $44,138 | $57,723 |
| Distributable Amount | $30,949 | $30,559 | $35,132 |
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
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Church of the Holy Comfortor ($4,000), William and Mary Athletic Departmen ($2,000), Bellarmine Jesuit Retreat House ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Armenian American Cultural Associat Arlington, VA | Operating Funds | $1,000 |
| Holy Family Ministries Chicago, IL | Operating Funds | $1,000 |
| Church of the Holy Comfortor Vienna, VA | Operating Funds | $4,000 |
| Shane McConkey Foundation Olympic Valley, CA | Operating Funds | $1,500 |
| William and Mary Athletic Departmen Williamsburg, VA | Operaating Funds | $2,000 |
| Shriners Hospital Chicago, IL | Operating Funds | $1,000 |
| Hillsdale College Hillsdale, MI | Operating Funds | $1,000 |
| Youth Challenge Westlake, OH | Operating Funds | $1,000 |
| COAF Children of Armenia Fund New York, NY | Operating Funds | $1,000 |
| Good Sheppard of the Hills Cave Creek, AZ | Operating Funds | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Norehad | Trustee | 1 | — |
| Marilyn Norehad | Trustee | 1 | — |
Frequently Asked Questions
How large is Norehad Charitable Foundation?
As of 2024, Norehad Charitable Foundation holds $415K in total assets with $-19,838 in annual revenue. It awarded 21 grants totaling $29K in 2024.
Where does Norehad Charitable Foundation operate?
Norehad Charitable Foundation has awarded grants in Alabama, Arizona, California, District of Columbia, Florida, Illinois, Indiana, Massachusetts, Michigan, Missouri, Nevada, New York, Ohio, Oregon, Tennessee, Texas, Virginia.
What size grants does Norehad Charitable Foundation award?
In 2024, Norehad Charitable Foundation awarded 21 grants totaling $29K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Norehad Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Norehad Charitable Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Norehad Charitable Foundation's EIN?
Norehad Charitable Foundation's EIN (Employer Identification Number) is 36-3153284. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Norehad Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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