Norweb Foundation Mag
Norweb Foundation Mag is a private foundation, based in Brooklyn, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 1 grant totaling $111K. Net investment income was $49K.
Norweb Foundation Mag at a glance
In short: Norweb Foundation Mag gave $111K across 1 grant in 2024 (avg $111K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $110,750
- +2.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $110,750
- +2.0% vs 2023
- Median grant
- $110,750
- Total assets
- $151,222
- -9.4% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Norweb Foundation Mag funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Norweb Foundation Mag gives
- Giving held roughly steady from 2021 to 2024 (+5%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $105K (2021) to $111K (2024). In 2024 it made 1 grant totaling $111K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached List Brooklyn, OH | General Operating | $110,750 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $151,222 | $51,668 | $115,604 | $110,750 | 1 | $113,354 | $49,418 | $7,695 |
| 2023 | $166,859 | $28,170 | $113,211 | $108,550 | 1 | $110,950 | $25,489 | $11,874 |
| 2022 | $167,224 | $29,626 | $114,972 | $110,350 | 1 | $111,100 | $27,260 | $15,742 |
| 2021 | $252,594 | $65,359 | $111,241 | $105,300 | 1 | $107,762 | $63,038 | $22,221 |
| 2020 | $303,172 | $59,851 | $115,627 | $110,000 | 1 | — | $57,329 | $23,164 |
Under IRS private-foundation payout rules, Norweb Foundation Mag reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Norweb Foundation Mag is led by R. Henry Norweb III, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
R. Henry Norweb III
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Norweb Foundation Mag
How much does Norweb Foundation Mag give each year?
Norweb Foundation Mag gave $111K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $109K across 1 grant.
How large is Norweb Foundation Mag?
Norweb Foundation Mag reported $151K in total assets on its 2024 IRS Form 990-PF. It paid out $113K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
Where does Norweb Foundation Mag operate?
Norweb Foundation Mag has awarded grants in Ohio.
What is Norweb Foundation Mag's EIN?
Norweb Foundation Mag's EIN (Employer Identification Number) is 34-6517914. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Norweb Foundation Mag's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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