Schacher Memorial Trust Ta

Foundation · Grantmaker BROOKLYN, OH EIN: 34-6715672

Schacher Memorial Trust Ta is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $67K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$866K

+4.1% YoY

Annual Giving

$30K

-16.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$30K

-16.4% YoY

Under IRS private-foundation payout rules, Schacher Memorial Trust Ta reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

About Schacher Memorial Trust Ta

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $182K (100%)

States

Ohio

Cities

Ashland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$866,288	$832,556	$864,738
Revenue	$72,575	$11,443	$-12,034
Expenses	$38,842	$43,626	$53,709
Qualifying Distributions	$32,712	$38,319	$39,134
Net Investment Income	$66,689	$5,494	$2,137
Distributable Amount	$40,111	$36,879	$38,211

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ashland University ($29,500).

Recipient	Purpose	Amount
ASHLAND UNIVERSITY ASHLAND, OH	GENERAL SUPPORT OF CHARITY	$29,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEYBANK N A	TRUSTEE	1	$7,848

Frequently Asked Questions

How large is Schacher Memorial Trust Ta?

As of 2024, Schacher Memorial Trust Ta holds $866K in total assets with $73K in annual revenue. It awarded 1 grants totaling $30K in 2024.

Where does Schacher Memorial Trust Ta operate?

Schacher Memorial Trust Ta has awarded grants in Ohio.

What size grants does Schacher Memorial Trust Ta award?

In 2024, Schacher Memorial Trust Ta awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Schacher Memorial Trust Ta required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schacher Memorial Trust Ta reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.