Ross Foundation Inc

ELYRIA, OH EIN: 34-1442262

Ross Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELYRIA, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $61K in total assets. In 2024, it awarded 13 grants totaling $947K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$61K

-55.8% YoY

Annual Giving

$947K

+90.3% YoY

Grant Count

13

+30.0% YoY

Avg Grant Size

$73K

+46.4% YoY

Under IRS private-foundation payout rules, Ross Foundation Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Ross Foundation Inc

Based on IRS filings

Ross Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELYRIA, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $61K in total assets. In 2024, it awarded 13 grants totaling $947K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

AdaAvon LakeBay VillageColumbia StationElyriaGraftonLorainMoreland HillsSearcyWellington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$260K$521K$781K$1M2021202220232024
Metric202420232022
Total Assets$60,900$137,701$119,194
Revenue$870,247$516,253$130,203
Expenses$947,048$497,746$173,563
Qualifying Distributions$946,688$497,351$173,233
Net Investment Income
Distributable Amount$7,896$6,237$5,743

Giving Over Time

Total grant dollars and number of grants per year

$0$237K$473K$710K$947K10 grants20219 grants202210 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LORAIN COUNTY FAIR$756KGRAFTON VILLAGE FIRE DEP…$68KSAVE OUR CHILDREN$25KHISTORIC GRAFTON SCHOOL …$21KMIDVIEW LOCAL SCHOOL DIS…$15KGRAFTON TOWNSHIP FIRE AN…$14KMIDVIEW TOUCHDOWN CLUB INC$13KGOOD KNIGHTS$10KWESTERN RESERVE LAND CON…$10KPRIMARY PURPOSE CENTER INC$7K

Grant Size Distribution

42 grants across all recorded years

38<$50K2$50–100K$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lorain County Fair ($755,556), Grafton Village Fire Department ($68,198), Save Our Children ($25,000).

RecipientPurposeAmount
GOOD KNIGHTS ELYRIA, OHGRANT FOR MATERIALS TO BUILD BEDS$10,000
GRAFTON TOWNSHIP FIRE AND EMS FOUNDATION GRAFTON, OHGRANT FOR THE PURCHASE OF SEVEN (7) SETS OF TACTICAL GEAR$13,802
GRAFTON VILLAGE FIRE DEPARTMENT GRAFTON, OHGRANT FOR PURCHASE OF 20 HARRIS RADIOS$68,198
HISTORIC GRAFTON SCHOOL INC GRAFTON, OHGRANT FOR THE PURCHASE OF MATERIALS FOR RENOVATIONS TO THE OLD GRAFTON SCHOOL$21,283
LAKE ERIE NATURE & SCIENCE CENTER BAY VILLAGE, OHGRANT FOR THE WILDLIFE REHABILITATION AND ANIMAL CARE$5,000
LORAIN COUNTY COMMUNITY COLLEGE ELYRIA, OHSCHOLARSHIP, NATHAN PARSONS$1,500
LORAIN COUNTY FAIR WELLINGTON, OHGRANT FOR EXPO CENTER AND HORSE ARENA BUILDING$755,556
MIDVIEW LOCAL SCHOOL DISTRICT GRAFTON, OHA GRANT TO THE MIDVIEW CHALLENGE GRANTS PROGRAM FOR 2023-2024 SCHOOL YEAR$15,000
MIDVIEW TOUCHDOWN CLUB INC GRAFTON, OHGRANT FOR PURCHASE OF EQUIPMENT$13,049
OHIO NORTHERN UNIVERSITY ADA, OHSCHOLARSHIP, ALEXIS STARNER$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM E CROMLING IIICO-PRES/CO-CHAIR/TREASURER1
JON R CROMLINGCO-PRES/CO-CHAIR/ASST TREA1
CHRISTINE M CROMLINGDIRECTOR1
DANIEL URBANSECRETARY1
CYNTHIA CROMLINGDIRECTOR1
WILLIAM E CROMLING IIDIRECTOR1
DEANN R MOWRY-CROMLINGDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ross Foundation Inc?

Ross Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELYRIA, OH. It holds $61K in total assets as of 2024.

How large is Ross Foundation Inc?

As of 2024, Ross Foundation Inc holds $61K in total assets with $870K in annual revenue. It awarded 13 grants totaling $947K in 2024.

Where does Ross Foundation Inc operate?

Ross Foundation Inc has awarded grants in Arkansas, Ohio.

What size grants does Ross Foundation Inc award?

In 2024, Ross Foundation Inc awarded 13 grants totaling $947K — an average of about $73K per grant, based on its IRS Form 990 filings.

How much is Ross Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ross Foundation Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ross Foundation Inc's EIN?

Ross Foundation Inc's EIN (Employer Identification Number) is 34-1442262. IRS Form 990 filing data is available on this page for 2021–2024.

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

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