The Cypress Foundation
The Cypress Foundation is a private foundation, based in AKRON, OH. IRS filing data is available from 2019 through 2021. In 2021, it awarded 1 grants totaling $31K. Net investment income was $42.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$31K
Grant Count
1
Avg Grant Size
$31K
Under IRS private-foundation payout rules, The Cypress Foundation reported a distributable amount of $460 for 2021 — the minimum it must pay out in qualifying distributions.
About The Cypress Foundation
Based on IRS filings
The Cypress Foundation is a private foundation, based in AKRON, OH. IRS filing data is available from 2019 through 2021. In 2021, it awarded 1 grants totaling $31K. Net investment income was $42.
Ready to take the next step with The Cypress Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 | 2019 |
|---|---|---|---|
| Total Assets | — | $31,137 | — |
| Revenue | $42 | $54 | — |
| Expenses | $31,179 | $500 | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $42 | $54 | — |
| Distributable Amount | $460 | $1,544 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2021
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Schwab Charitable ($30,904).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHWAB CHARITABLE ORLANDO, FL | DONOR ADVISED FUND CONTRIBUTION | $30,904 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES P MCCREADY | TRUSTEE | 1 | — |
| GAIL J MCCREADY | TRUSTEE | 1 | — |
| ROLAND H BAUER | TRUSTEE | 1 | — |
| NANCY S ALLSHOUSE | SECRETARY | 1 | — |
Frequently Asked Questions
Where does The Cypress Foundation operate?
The Cypress Foundation has awarded grants in Florida, Ohio.
What size grants does The Cypress Foundation award?
In 2021, The Cypress Foundation awarded 1 grants totaling $31K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is The Cypress Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Cypress Foundation reported a distributable amount of $460 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cypress Foundation's EIN?
The Cypress Foundation's EIN (Employer Identification Number) is 34-6866439. IRS Form 990 filing data is available on this page for 2019–2021.
Explore Open Grants
Browse active grant opportunities in The Cypress Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Ohio Child Care Resource and Referral
COLUMBUS, OH
Assets
$12.8M
Grants
5,308
Total Given
$279.7M
Columbus Foundation
COLUMBUS, OH
Assets
$2.8B
Grants
1,747
Total Given
$242.7M
The Independent Charitable Gift Fund
HUDSON, OH
Assets
$575.4M
Grants
1,444
Total Given
$62.3M
The Greater Cincinnati Foundation
CINCINNATI, OH
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
The Cleveland Foundation
CLEVELAND, OH
Assets
$3.3B
Grants
1,016
Total Given
$184.2M
The Scripps Howard Foundation
CINCINNATI, OH
Assets
$69.4M
Grants
819
Total Given
$7.4M
Johnson Charitable Gift Fund
CINCINNATI, OH
Assets
$383.4M
Grants
742
Total Given
$46.3M
Nisource Charitable Foundation
COLUMBUS, OH
Assets
$43.0M
Grants
683
Total Given
$7.5M
Dayton Foundation Depository
DAYTON, OH
Assets
$43.0M
Grants
633
Total Given
$20.5M
The Dayton Foundation
DAYTON, OH
Assets
$649.6M
Grants
497
Total Given
$34.0M
Premier Bank Foundation
CANFIELD, OH
Assets
$10.6M
Grants
461
Total Given
$1.4M
Jewish Federation of Cleveland
CLEVELAND, OH
Assets
$597.8M
Grants
409
Total Given
$85.0M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Cypress Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities