Sj & Mildred Whalen Foundation

CINCINNATI, OH EIN: 26-6428414

Sj & Mildred Whalen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 8 grants totaling $170K. Net investment income was $1.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+46.5% YoY

Annual Giving

$170K

+21.4% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$21K

+21.4% YoY

Under IRS private-foundation payout rules, Sj & Mildred Whalen Foundation reported a distributable amount of $148K for 2024 — the minimum it must pay out in qualifying distributions.

About Sj & Mildred Whalen Foundation

Based on IRS filings

Sj & Mildred Whalen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 8 grants totaling $170K. Net investment income was $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Banner ElkMemphisNaplesNew YorkSanta FeSarasotaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$286K$572K$858K$1M20202021202220232024
Metric202420232022
Total Assets$2,597,328$1,772,374$1,799,856
Revenue$1,039,698$151,581$58,162
Expenses$213,148$178,976$178,426
Qualifying Distributions$176,469$148,215$145,541
Net Investment Income$1,005,769$118,817$28,705
Distributable Amount$147,758$140,172$144,621

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$85K$128K$170K6 grants20206 grants20218 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

LEES MCRAE COLLEGE INC$30KALZHEIMER'S DISEASE & RE…$20KTISCH MULTIPLE SCLEROSIS…$20KSILVER BULLET PRODUCTIONS$20KTHE SALVATION ARMY$20KPLANNED PARENTHOOD OF SW…$20KSHELTER FOR ABUSED WOMEN…$20KST JUDE CHILDREN'S HOSPI…$20K

Grant Size Distribution

36 grants across all recorded years

36<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lees Mcrae College Inc ($30,000), Alzheimer's Disease & Related ($20,000), Tisch Multiple Sclerosis Research Center ($20,000).

RecipientPurposeAmount
ALZHEIMER'S DISEASE & RELATED WASHINGTON, DCANNUAL FUND$20,000
TISCH MULTIPLE SCLEROSIS RESEARCH CENTER NEW YORK, NYPROJECT/PROGRAM SUPPORT$20,000
SILVER BULLET PRODUCTIONS SANTA FE, NMANNUAL FUND$20,000
LEES MCRAE COLLEGE INC BANNER ELK, NCENDOWMENT$30,000
THE SALVATION ARMY NAPLES, FLANNUAL FUND$20,000
PLANNED PARENTHOOD OF SW & CENTRAL FL SARASOTA, FLANNUAL FUND$20,000
SHELTER FOR ABUSED WOMEN & CHILDREN INC NAPLES, FLANNUAL FUND$20,000
ST JUDE CHILDREN'S HOSPITAL MEMPHIS, TNANNUAL FUND$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FIFTH THIRD BANK N ACO-TRUSTEE$38K

From 2024 filing

NameTitleHoursCompensation
FIFTH THIRD BANK N ACO-TRUSTEE1$38,227
PATRICIA K HAWLEYCO-TRUSTEE1
CHRISTOPHER HAWLEYCO-TRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sj & Mildred Whalen Foundation?

Sj & Mildred Whalen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. It holds $2.6M in total assets as of 2024.

How large is Sj & Mildred Whalen Foundation?

As of 2024, Sj & Mildred Whalen Foundation holds $2.6M in total assets with $1.0M in annual revenue. It awarded 8 grants totaling $170K in 2024.

Where does Sj & Mildred Whalen Foundation operate?

Sj & Mildred Whalen Foundation has awarded grants in District of Columbia, Florida, North Carolina, New Mexico, New York, Tennessee.

What size grants does Sj & Mildred Whalen Foundation award?

In 2024, Sj & Mildred Whalen Foundation awarded 8 grants totaling $170K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Sj & Mildred Whalen Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sj & Mildred Whalen Foundation reported a distributable amount of $148K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sj & Mildred Whalen Foundation's EIN?

Sj & Mildred Whalen Foundation's EIN (Employer Identification Number) is 26-6428414. IRS Form 990 filing data is available on this page for 2020–2024.

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

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