The Conneaut Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONNEAUT, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 8 grants totaling $17K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-4.1% YoY
Annual Giving
$17K
-51.4% YoY
Grant Count
8
-50.0% YoY
Avg Grant Size
$2K
-2.9% YoY
Under IRS private-foundation payout rules, The Conneaut Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About The Conneaut Foundation Inc
Based on IRS filings
The Conneaut Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONNEAUT, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 8 grants totaling $17K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,158,716 | $1,208,389 | $1,238,252 |
| Revenue | $13,538 | $37,946 | $58,577 |
| Expenses | $48,053 | $72,447 | $130,837 |
| Qualifying Distributions | $40,158 | $60,235 | $109,435 |
| Net Investment Income | $5,114 | $26,267 | $34,557 |
| Distributable Amount | $12,091 | $28,429 | $48,104 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Uh Conneaut Medical Center ($10,000), Homesafe Inc ($2,000), Chrc ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRC CONNEAUT, OH | PROGRAM SUPPORT | $1,000 |
| CONNEAUT PORT AUTHORITY CONNEAUT, OH | PROGRAM SUPPORT | $1,000 |
| CONNEAUT WATER RESCUE CONNEAUT, OH | PROGRAM SUPPORT | $1,000 |
| SUIT FOR SCHOOL CONNEAUT, OH | SHOES | $800 |
| UH CONNEAUT MEDICAL CENTER CONNEAUT, OH | PROGRAM SUPPORT | $10,000 |
| CONNEAUT PUBLIC LIBRARY CONNEAUT, OH | PROGRAM SUPPORT | $700 |
| CONNEAUT ARTS CENTER CONNEAUT, OH | PROGRAM SUPPORT | $500 |
| HOMESAFE INC ASHTABULA, OH | PROGRAM SUPPORT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE JOSLIN | PRESIDENT | 10 | — |
| KEITH SCHREIBER | VICE PRESIDENT | 10 | — |
| BARB GURTO | SECRETARY | 10 | — |
| JEFF MYERS | TREASURER | 10 | — |
| KATHY ZAPPITELLO | TRUSTEE | 10 | — |
| GEORGE PETERSON | TRUSTEE | 10 | — |
| LORI WOODWORTH | TRUSTEE | 10 | — |
| AMY PRICE | TRUSTEE | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Conneaut Foundation Inc?
The Conneaut Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONNEAUT, OH. It holds $1.2M in total assets as of 2024.
How large is The Conneaut Foundation Inc?
As of 2024, The Conneaut Foundation Inc holds $1.2M in total assets with $14K in annual revenue. It awarded 8 grants totaling $17K in 2024.
Where does The Conneaut Foundation Inc operate?
The Conneaut Foundation Inc has awarded grants in New York, Ohio.
What size grants does The Conneaut Foundation Inc award?
In 2024, The Conneaut Foundation Inc awarded 8 grants totaling $17K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Conneaut Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Conneaut Foundation Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Conneaut Foundation Inc's EIN?
The Conneaut Foundation Inc's EIN (Employer Identification Number) is 34-1752119. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Conneaut Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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