The Ceres Trust

Foundation · Grantmaker Milwaukee, WI EIN: 20-5768077

The Ceres Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $7.6M. Net investment income was $52K.

Key facts about The Ceres Trust

EIN
20-5768077
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$7,610,669
Grants made (2024)
1
Average grant
$7,610,669
Median grant
$7,610,669
Primary geography
Wisconsin (100% of itemized 2024 grant dollars)

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

How The Ceres Trust gives

  • Giving held roughly steady from 2021 to 2024 (−7%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$7.6M

-51.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$7.6M

-51.6% YoY

Under IRS private-foundation payout rules, The Ceres Trust reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ceres Trust

Based on IRS filings

The Ceres Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $7.6M. Net investment income was $52K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Milwaukee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$13M$20M$26M20202021202220232024
Metric202420232022
Total Assets—$3,080,775$18,266,629
Revenue$5,096,530$1,828,277$23,738,718
Expenses$8,192,171$16,682,848$14,412,756
Qualifying Distributions$8,160,215$16,647,802$14,337,518
Net Investment Income$52,195$1,758,772$1,557,707
Distributable Amount$82,034$476,645$1,807,394

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$8M$12M$16M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

See Attached Spreadsheet: $7.6MSee Attached Spreadsheet$7.6M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include See Attached Spreadsheet ($7,610,669).

RecipientPurposeAmount
SEE ATTACHED SPREADSHEET Milwaukee, WISEE STATEMENT$7,610,669

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Judith a KernTrustee——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Ceres Trust?

The Ceres Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. It holds — in total assets as of 2024.

Where does The Ceres Trust operate?

The Ceres Trust has awarded grants in Wisconsin.

What size grants does The Ceres Trust award?

In 2024, The Ceres Trust awarded 1 grant totaling $7.6M — an average of about $7.6M per grant, based on its IRS Form 990 filings.

How much is The Ceres Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ceres Trust reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ceres Trust's EIN?

The Ceres Trust's EIN (Employer Identification Number) is 20-5768077. 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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