Noren Foundation Trust

Foundation · Grantmaker Cincinnati, OH EIN: 47-6698438

Noren Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cincinnati, OH. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.2M in total assets. In 2025, it awarded 10 grants totaling $270K. Net investment income was $195K.

Key facts about Noren Foundation Trust

EIN: 47-6698438
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $270,000
Grants made (2025): 10
Average grant: $27,000
Median grant: $25,000
New grantees (estimate): 20% first-time grantees (2 of 10, 2025)
Total assets: $4,220,803
Primary geography: Florida (81% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Noren Foundation Trust funds

By grant dollars, the top recipient states for Noren Foundation Trust's 10 itemized 2025 grants were Florida (81%) and North Carolina (19%). The most frequent recipient cities were Fort Myers, FL (3 grants) and Tampa, FL (2 grants). 60% of grants with a stated purpose were for general or operating support. Recurring purposes include "Project/Program Support" (4 grants).

Is Noren Foundation Trust open to new grantees?

20%

first-time grantees, 2025

In 2025, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $23K; repeat grants $28K. How we count

Medians: $23K first-time, $25K repeat.

70% of 2025 grantees were also funded in 2024. Method
Giving held roughly steady from 2022 to 2025 (−18%). Method
In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Noren Foundation Trust

How to evaluate Noren Foundation Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Noren Foundation Trust with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.2M

-2.1% YoY

Annual Giving

$270K

+3.8% YoY

Grant Count

-23.1% YoY

Avg Grant Size

$27K

+35.0% YoY

Under IRS private-foundation payout rules, Noren Foundation Trust reported a distributable amount of $313K for 2025 — the minimum it must pay out in qualifying distributions.

About Noren Foundation Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Noren Foundation Trust?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $220K (81%)

North Carolina $50K (19%)

Share of all 10 itemized 2025 grant dollars.

States

Florida North Carolina Texas

Cities

SouthportTampaFort MyersNaplesPalm HarborPalmettoClearwaterLargoSupplyShallotteLindaleWilmingtonTarponTarpon Springs

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$4,220,803	$4,310,735	$4,424,634
Revenue	$255,146	$212,782	$-111,709
Expenses	$345,080	$326,685	$336,191
Qualifying Distributions	$281,998	$270,451	$276,717
Net Investment Income	$195,490	$152,408	$58,208
Distributable Amount	$312,758	$282,425	$261,348

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2021–2025

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 2025

Grant Size Distribution

65 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include J Arthur Dosher Memorial Hospital ($50,000), Pinellas County Education Fndn Inc ($40,000), Metropolitan Ministries Inc ($25,000).

Recipient	Purpose	Amount
J ARTHUR DOSHER MEMORIAL HOSPITAL Southport, NC	PROJECT/PROGRAM SUPPORT	$50,000
PINELLAS COUNTY EDUCATION FNDN INC Largo, FL	PROJECT/PROGRAM SUPPORT	$40,000
METROPOLITAN MINISTRIES INC Tampa, FL	GENERAL OPERATION SUPPORT	$25,000
DOGS INC Palmetto, FL	GENERAL OPERATING	$25,000
HARRY CHAPIN FOOD BANK OF Fort Myers, FL	PROJECT/PROGRAM SUPPORT	$25,000
FEAST INC Palm Harbor, FL	PROJECT/PROGRAM SUPPORT	$25,000
VALERIES HOUSE INC Fort Myers, FL	GENERAL	$20,000
FEEDING AMERICA TAMPA BAY INC Tampa, FL	GENERAL OPERATING SUPPORT	$20,000
ST MATTHEWS HOUSE INC Naples, FL	GENERAL OPERATING SUPPORT	$20,000
DE LA SALLE ACADEMY Fort Myers, FL	GENERAL OPERATING	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Name	Title	Hours	Compensation
Fifth Third Bank N a	Trustee	1	$70,184

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Noren Foundation Trust?

Noren Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cincinnati, OH. It holds $4.2M in total assets as of 2025.

How large is Noren Foundation Trust?

As of 2025, Noren Foundation Trust holds $4.2M in total assets with $255K in annual revenue. It awarded 10 grants totaling $270K in 2025.

Where does Noren Foundation Trust operate?

Noren Foundation Trust has awarded grants in Florida, North Carolina, Texas.

What size grants does Noren Foundation Trust award?

In 2025, Noren Foundation Trust awarded 10 grants totaling $270K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Noren Foundation Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Noren Foundation Trust reported a distributable amount of $313K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.