The Generation Trust
The Generation Trust is a private foundation established in 1985 and based in Cincinnati, Ohio. It operates as a 501(c)(3) organization with a focus on supporting Christian organizations through grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.8M
-0.5% YoY
Annual Giving
$1.1M
+713.3% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$275K
+713.3% YoY
Under IRS private-foundation payout rules, The Generation Trust reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's support is limited to organizations with a Christian purpose, including churches and ministries. The foundation does not specify particular subject areas of focus beyond this religious orientation.
Grantmaking
The Generation Trust made 25 grants in its most recent fiscal year. Grant amounts have historically ranged from $10,000 to $6,968,254, with typical awards in the $10,000 range. In fiscal year 2023, the foundation reported total giving of $1,098,000.
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. states, with documented activity in Alabama, Georgia, Missouri, Ohio, Virginia, and Colorado. Specific cities where grants have been awarded include Alpharetta, Independence, McComb, Mobile, Oakton, and others.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $19,947,642 (as of December 2023); $19,838,130 (as of 2024)
Total Revenues (FY 2023): $744,515
- Investment income and dividends: $548,302
- Net gain from sale of non-inventory assets: $196,213
Total Expenses (FY 2023): $317,959
Total Giving: $1,098,000 (based on most recent IRS Form 990 filing)
Staffing: 2 employees
The foundation's revenue declined 41.9% from fiscal year 2022 to 2023, primarily due to decreased gains from asset sales.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,838,130 | $19,947,642 | $19,679,122 |
| Revenue | $1,169,241 | $744,515 | $1,281,178 |
| Expenses | $1,271,489 | $317,959 | $7,865,989 |
| Qualifying Distributions | $1,132,114 | $201,981 | $7,744,144 |
| Net Investment Income | $992,402 | $603,283 | $1,145,880 |
| Distributable Amount | $1,578,265 | $1,388,778 | $1,463,886 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Christian Foundation Inc ($933,000), In His Steps Foundation ($120,000), Forsamlingen Betel ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FORSAMLINGEN BETEL | EDUCATION | $35,000 |
| LIVING WATERS RETREAT MINISTRY INC CASTLEROCK, CO | GENERAL OPERATING SUPPORT | $10,000 |
| NATIONAL CHRISTIAN FOUNDATION INC ALPHARETTA, GA | GENERAL OPERATING SUPPORT | $933,000 |
| IN HIS STEPS FOUNDATION INDEPENDENCE, OH | PROGRAM/PROJECT SUPPORT | $120,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Carolyn Beckett serves as Executive Director, working full-time with compensation of approximately $60,000 annually.
Matthew Carothers serves as Trustee.
Fifth Third Bank N.A. serves as the trustee managing the foundation.
The advisory team includes John D. Beckett, Wendy Beckett, and Kevin Beckett, all serving without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIFTH THIRD BANK N A | TRUSTEE | 1 | $57,093 |
| CAROLYN BECKETT | EXECUTIVE DIR | 40 | $60,000 |
| JOHN D BECKETT | ADVISOR | 1 | — |
| WENDY BECKETT | ADVISOR | 1 | — |
| KEVIN BECKETT | ADVISOR | 1 | — |
Frequently Asked Questions
What does The Generation Trust fund?
The foundation's support is limited to organizations with a Christian purpose, including churches and ministries. The foundation does not specify particular subject areas of focus beyond this religious orientation.
How do I apply for a grant from The Generation Trust?
The Generation Trust made 25 grants in its most recent fiscal year. Grant amounts have historically ranged from $10,000 to $6,968,254, with typical awards in the $10,000 range. In fiscal year 2023, the foundation reported total giving of $1,098,000. Recent grantees include Generation Trust Harvest Fund Daf and Endpovertyorg (which received $10,000 in December 2023 for religious purposes).
Where does The Generation Trust make grants?
The foundation funds projects across multiple U.S. states, with documented activity in Alabama, Georgia, Missouri, Ohio, Virginia, and Colorado. Specific cities where grants have been awarded include Alpharetta, Independence, McComb, Mobile, Oakton, and others.
What size grants does The Generation Trust award?
In 2024, The Generation Trust awarded 4 grants totaling $1.1M — an average of about $275K per grant, based on its IRS Form 990 filings.
How much is The Generation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Generation Trust reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Generation Trust's EIN?
The Generation Trust's EIN (Employer Identification Number) is 34-6850815. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Generation Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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