Schouten Grace Memorial Fund Tr
Schouten Grace Memorial Fund Tr is a private foundation, based in Cincinnati, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $435K in total assets. In 2025, it awarded 3 grants totaling $21K. Net investment income was $46K.
Schouten Grace Memorial Fund Tr at a glance
In short: Schouten Grace Memorial Fund Tr gave $21K across 3 grants in 2025 (avg $7K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,700
- +13.1% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $6,900
- +13.1% vs 2024
- Median grant
- $6,900
- Total assets
- $434,809
- +5.8% vs 2024
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Schouten Grace Memorial Fund Tr funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Grand Rapids Public Museum ($7K). Together the top 3 received $21K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Schouten Grace Memorial Fund Tr gives
- Giving held roughly steady from 2022 to 2025 (−14%). Method
- In 2025 it paid out 104% of 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 2019 to 2025, annual grant giving ranged from $18K (2024) to $27K (2021). In 2025 it made 3 grants totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grand Rapids Public Museum Grand Rapids, MI | Annual Fund | $6,900 |
| Grand Rapids Community Foundation Grand Rapids, MI | Annual Fund | $6,900 |
| Grand Rapids Public Library Grand Rapids, MI | Annual Fund | $6,900 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $434,809 | $53,161 | $29,339 | $20,700 | 3 | $23,250 | $45,737 | $22,250 |
| 2024 | $410,999 | $32,383 | $30,841 | $18,300 | 3 | $20,085 | $25,523 | $21,415 |
| 2023 | $409,421 | $152,865 | $28,075 | $19,500 | 3 | $21,255 | $145,154 | $17,823 |
| 2022 | $284,542 | $16,248 | $32,972 | $24,000 | 3 | $25,640 | $8,300 | $20,870 |
| 2021 | $301,316 | $44,815 | $35,433 | $27,000 | 3 | $27,500 | $35,705 | $23,432 |
| 2020 | $291,969 | $25,210 | $30,799 | $22,500 | 3 | — | $16,096 | $19,743 |
| 2019 | $297,753 | $24,653 | $31,546 | $19,239 | 3 | — | $13,497 | $19,800 |
Under IRS private-foundation payout rules, Schouten Grace Memorial Fund Tr reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Schouten Grace Memorial Fund Tr's only listed officer is Fifth Third Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Fifth Third Bank N A
Trustee
On filings since 2020
1 hr/week
$7K (2020) → $7K (2025)
Former officers (1)
- Former: Fifth Third Bank (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $7K, to Fifth Third Bank N a (Trustee).
Frequently asked questions about Schouten Grace Memorial Fund Tr
How much does Schouten Grace Memorial Fund Tr give each year?
Schouten Grace Memorial Fund Tr gave $21K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 3 grants.
What is Schouten Grace Memorial Fund Tr's typical grant size?
Schouten Grace Memorial Fund Tr's median grant in 2025 was $6,900, and its average grant was $6,900, across 3 grants on its 2025 IRS Form 990-PF.
Where does Schouten Grace Memorial Fund Tr give grants?
Schouten Grace Memorial Fund Tr gives mostly in Michigan: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Grand Rapids, MI (3 grants).
Does Schouten Grace Memorial Fund Tr give general operating support?
Yes: 100% of Schouten Grace Memorial Fund Tr's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Schouten Grace Memorial Fund Tr?
Schouten Grace Memorial Fund Tr reported $435K in total assets on its 2025 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets).
What is Schouten Grace Memorial Fund Tr's EIN?
Schouten Grace Memorial Fund Tr's EIN (Employer Identification Number) is 38-6106518. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 29, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 28, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 19, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 21, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Schouten Grace Memorial Fund Tr funds
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