The Cream Hill Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 62 grants totaling $72K. Net investment income was $210K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+14.9% YoY
Annual Giving
$72K
-21.2% YoY
Grant Count
62
-17.3% YoY
Avg Grant Size
$1K
-4.7% YoY
Under IRS private-foundation payout rules, The Cream Hill Foundation reported a distributable amount of $93K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cream Hill Foundation
Based on IRS filings
The Cream Hill Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 62 grants totaling $72K. Net investment income was $210K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,161,995 | $1,011,501 | $1,116,988 |
| Revenue | $230,204 | $-21,410 | $102,403 |
| Expenses | $107,297 | $115,704 | $111,810 |
| Qualifying Distributions | $75,093 | $93,559 | $90,993 |
| Net Investment Income | $209,728 | $8,425 | $84,170 |
| Distributable Amount | $93,087 | $82,059 | $86,137 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
241 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Barrow Group ($4,000), Duke University ($3,500), Pulliam School of Journalism ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 350ORG BOSTON, MA | CHARITABLE | $500 |
| ACCESS CHALLENGE NEW YORK, NY | CHARITABLE | $1,000 |
| ADIRONDACK EXPERIENCE BLUE MOUNTAIN LAKE, NY | CHARITABLE | $500 |
| ADIRONDACK HISTORICAL ASSOC BLUE MOUNTAIN LAKE, NY | CHARITABLE | $500 |
| ALS ONE WHITMAN, MA | CHARITABLE | $1,000 |
| AMERICAN WHITEWATER SYLVA, NC | CHARITABLE | $500 |
| ANERA WASHINGTON, DC | CHARITABLE | $500 |
| BENNINGTON COLLEGE BENNINGTON, VT | CHARITABLE | $1,000 |
| CHARLEY'S FUND GREAT BARRINGTON, MA | CHARITABLE | $500 |
| COMMITTEE TO PROTECT JOURNALISTS NEW YORK, NY | CHARITABLE | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER R LABALME | TRUSTEE | — | — |
| HENRY G LABALME | TRUSTEE | — | — |
| LISA L OSTERLAND | TRUSTEE | — | — |
| VICTORIA A LABALME | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cream Hill Foundation?
The Cream Hill Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. It holds $1.2M in total assets as of 2024.
How large is The Cream Hill Foundation?
As of 2024, The Cream Hill Foundation holds $1.2M in total assets with $230K in annual revenue. It awarded 62 grants totaling $72K in 2024.
Where does The Cream Hill Foundation operate?
The Cream Hill Foundation has awarded grants in Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, Vermont.
What size grants does The Cream Hill Foundation award?
In 2024, The Cream Hill Foundation awarded 62 grants totaling $72K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Cream Hill Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cream Hill Foundation reported a distributable amount of $93K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cream Hill Foundation's EIN?
The Cream Hill Foundation's EIN (Employer Identification Number) is 13-4148381. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cream Hill Foundation'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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