Ronald and Florence Koetters Foundation

Private foundation · Grantmaker Cincinnati, OH EIN: 93-2379412

Ronald and Florence Koetters Foundation is a private foundation, based in Cincinnati, OH. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $30.8M in total assets. In 2024, it awarded 5 grants totaling $1.7M. Net investment income was $8.5M.

Key facts about Ronald and Florence Koetters Foundation

In short: Ronald and Florence Koetters Foundation gave $1.7M across 5 grants in 2024 (avg $345K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
93-2379412
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,725,781
Grants made (2024)
5
Average grant
$345,156
Median grant
$100,781
Total assets
$30,784,893
Primary geography
Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$30.8M

+152.4% YoY

Annual Giving

$1.7M

Grant Count

5

Avg Grant Size

$345K

Under IRS private-foundation payout rules, Ronald and Florence Koetters Foundation reported a distributable amount of $886K for 2024 — the minimum it must pay out in qualifying distributions.

How Ronald and Florence Koetters Foundation gives

  • In 2024 it paid out 198% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Ronald and Florence Koetters Foundation?

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

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

Cincinnati

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants2023 5 grants2024

In 2024 it made 5 grants totaling $1.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Cincinnati Children's Hospital Medical Center: $1.0MCincinnati Children's HospitalMedical Center$1.0MCincinnati Symphony Orchestra: $525K across 2 grantsCincinnati Symphony Orchestra$525K · 2 grantsXavier Jesuit Academy: $101KXavier Jesuit Academy$101KProkids: $100KProkids$100K

The largest 2024 recipient was Cincinnati Children's Hospital Medical Center ($1.0M). Together the top 4 received $1.7M.

Grant Size Distribution

5 grants across all recorded years

1<$50K$50–100K2$100–250K$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cincinnati Children's Hospital Medical Center Cincinnati, OHProjectsearch Gift Agreement$1,000,000
Cincinnati Symphony Orchestra Cincinnati, OHMusic for All Campaign Pledge$500,000
Xavier Jesuit Academy Cincinnati, OHGeneral Operating Support$100,781
Prokids Cincinnati, OHEvery Child in Need Initiative$100,000
Cincinnati Symphony Orchestra Cincinnati, OH2024 Orchestra Fund Gift$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M2023 2024
Metric20242023
Total Assets$30,784,893$12,195,054
Revenue$23,594,202$17,845,509
Expenses$1,890,150$23,455
Qualifying Distributions$1,754,044—
Net Investment Income$8,481,581$2,523,369
Distributable Amount$886,490$26,749

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Ronald and Florence Koetters Foundation is led by Michael D. Barnes, President on every filing since 2023; none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael D. Barnes

    President

    On filings since 2023

    1 hr/week

    No compensation reported

  • David R. Valz

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Florence C. Koetters

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jerome J. Corbett Jr.

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Joseph L. Koetters II

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Thomas Johnson

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Tara N. Adams

    Secretary & Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2024. "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 Ronald and Florence Koetters Foundation

How much does Ronald and Florence Koetters Foundation give each year?

Ronald and Florence Koetters Foundation gave $1.7M across 5 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Ronald and Florence Koetters Foundation's typical grant size?

Ronald and Florence Koetters Foundation's median grant in 2024 was $100,781, and its average grant was $345,156, across 5 grants on its 2024 IRS Form 990-PF.

Where does Ronald and Florence Koetters Foundation give grants?

Ronald and Florence Koetters Foundation gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cincinnati, OH (5 grants).

Does Ronald and Florence Koetters Foundation give general operating support?

Yes: 20% of Ronald and Florence Koetters Foundation's 2024 grants with a stated purpose (1 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Ronald and Florence Koetters Foundation's largest grantees?

Ronald and Florence Koetters Foundation's largest 2024 grantees include Cincinnati Children's Hospital Medical Center ($1,000,000), Cincinnati Symphony Orchestra ($525,000 across 2 grants) and Xavier Jesuit Academy ($100,781), according to its 2024 IRS Form 990-PF. Together they received 94% of its itemized 2024 grant dollars.

How large is Ronald and Florence Koetters Foundation?

Ronald and Florence Koetters Foundation reported $30.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $886K (roughly 5% of its investment assets).

What is Ronald and Florence Koetters Foundation's EIN?

Ronald and Florence Koetters Foundation's EIN (Employer Identification Number) is 93-2379412. IRS Form 990 filing data is available on this page for 2023–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Ronald and Florence Koetters Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Ronald and Florence Koetters Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Ohio

John J & Mary R Schiff Foundation

Cincinnati, OH

The John J & Mary R Schiff Foundation funds education, arts and culture, health, and human services, with most of its giving going to Ohio organizations. In 2025, its grants ranged from $10,000 to $7.97 million, with a median of $400,000. It funds only preselected charities and does not accept unsolicited requests.

Assets

$176.6M

Grants

43

Total Given

$47.9M

The Heidt Family Foundation

Cincinnati, OH

The Heidt Family Foundation supports a range of charitable work, including education, medical research, disability services, religious leadership, and environmental conservation. Its 2025 grants ranged from $1,000 to $465,512, with a median of $10,500; most funding went to Ohio and Florida. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$759K

Grants

45

Total Given

$2.0M

George & Margaret McLane Foundation

Cincinnati, OH

The George & Margaret McLane Foundation supports children’s education and college readiness, arts and humanities, vulnerable populations, and animal welfare, primarily in Ohio, with some funding in Kentucky. Its 2024 grants ranged from $1,500 to $250,000, with a median award of $30,000. The foundation says it does not restrict giving to preselected organizations, but the profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$5.1M

Grants

38

Total Given

$1.6M

The Wohlgemuth Herschede Foundation CO

Cincinnati, OH

The foundation supports nonprofits in areas including education, arts and culture, animal welfare, social services, and outdoor experiences for teens, primarily in Greater Cincinnati. Its 2022 grants ranged from $1,000 to $40,000, with a median of $5,000. It accepts requests by letter, with no deadline stated.

Assets

$11.7M

Grants

126

Total Given

$1.0M

The Northern Cincinnai Foundation

West Chester, OH

The Northern Cincinnati Foundation supports human services, youth development, community development, arts and culture, education, health, faith-based organizations, and animal welfare across the northern Cincinnati region; its 2024 grants had a median award of $10,000. It accepts applications through its Power of the Purse program for eligible projects serving women’s or children’s food, shelter, or health-care needs in West Chester and Liberty Townships.

Assets

$33.8M

Grants

47

Total Given

$2.0M

The Greater Cincinnati Foundation

Cincinnati, OH

The Greater Cincinnati Foundation supports education, affordable housing, arts and culture, community well-being, neighborhood development, and basic needs, with responsive grants focused on its eight-county Greater Cincinnati service area. Its 2024 grants had a median of $20,000, while specific opportunities range from small awards to grants of up to $450,000. It offers open RFP and LOI opportunities; the profile does not state whether it accepts unsolicited requests outside those opportunities.

Assets

$1.0B

Grants

1,408

Total Given

$184.4M

Robert a & Marian K Kennedy

Cincinnati, OH

The foundation supports a range of charitable organizations, including education, community, arts, and health-related groups. In 2025, it made 57 grants of $500 to $17,500, with a median grant of $2,000; most funding went to Ohio, followed by Kentucky and South Carolina. It accepts letters as application materials and lists an October 31 deadline.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2M

Grants

57

Total Given

$139K

Farmer Family Foundation

Cincinnati, OH

The Farmer Family Foundation supports arts, education, child advocacy, healthcare, research, and other charitable work, with most 2024 grant dollars going to Ohio organizations. Its 2024 grants ranged from $500 to $15 million, with a median of $15,000; the filing describes submitting a letter with the request purpose and amount plus general organizational information, and states no deadline or award restrictions.

Assets

$242.2M

Grants

181

Total Given

$49.6M

Earthward Bound Foundation

Cincinnati, OH

Assets

$6.8M

Grants

71

Total Given

$221K

Carol Ann and Ralph V Haile Jr

Cincinnati, OH

The foundation funds arts and culture, civic and community initiatives, education, and human services in a 10-county Greater Cincinnati area spanning Ohio, Kentucky, and Indiana. Its 2024 grants ranged from $5,000 to $1 million, with a median of $25,000. It accepts unsolicited requests through a rolling inquiry process.

Assets

$283.2M

Grants

167

Total Given

$11.8M

Andrew Jergens Foundation

Cincinnati, OH

The Andrew Jergens Foundation reported one grant of $623,077 in 2024, but its filing does not identify the grant’s purpose or the recipient’s work, so its funding interests are unclear. Its sole reported grant went to a recipient in Pennsylvania; that filing does not establish a broader geographic focus. It accepts letters of inquiry through an online form and says giving is not limited to preselected organizations.

Assets

$13.0M

Grants

68

Total Given

$717K

Columbus Foundation

Columbus, OH

The Columbus Foundation supports nonprofits and community initiatives in areas including arts and culture, education, youth, neighborhoods, basic needs, and capacity building, with a median 2024 grant of about $21,500. Its focus is Central Ohio, though it also funds organizations elsewhere; most grants are donor-directed and not application-based, but some programs accept applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.8B

Grants

1,747

Total Given

$242.7M

More Funders in Ohio

Ronald and Florence Koetters Foundation down — hundreds of funders to go?

Want AI to do this for you?