The William S Rowe Foundation Co Fifth

Foundation · Grantmaker Cincinnati, OH EIN: 31-1255004

The William S Rowe Foundation Co Fifth is a private foundation, based in Cincinnati, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $125K. Net investment income was $213K.

Key facts about The William S Rowe Foundation Co Fifth

EIN
31-1255004
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$125,000
Grants made (2024)
6
Average grant
$20,833
Median grant
$20,000
Total assets
$1,114,125
Primary geography
Ohio (100% of itemized 2024 grant dollars)

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

Who The William S Rowe Foundation Co Fifth funds

By grant dollars, the top recipient states for The William S Rowe Foundation Co Fifth's 6 itemized 2024 grants were Ohio (100%). The most frequent recipient cities were Cincinnati, OH (6 grants). None of its 6 grants with a stated purpose were described as general or operating support.

How The William S Rowe Foundation Co Fifth gives

  • Giving grew 108% from 2021 to 2024. Method
  • In 2024 it paid out 115% of 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

$1.1M

+14.3% YoY

Annual Giving

$125K

+25.0% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$21K

-16.7% YoY

Under IRS private-foundation payout rules, The William S Rowe Foundation Co Fifth reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.

About The William S Rowe Foundation Co Fifth

Based on IRS filings

The William S Rowe Foundation Co Fifth is a private foundation, based in Cincinnati, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $125K. Net investment income was $213K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 6 itemized 2024 grant dollars.

States

Cities

Cincinnati

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$81K$161K$242K$323K20202021202220232024
Metric202420232022
Total Assets$1,114,125$974,531$1,045,736
Revenue$293,409$59,419$272,360
Expenses$153,813$130,623$49,691
Qualifying Distributions$126,050$100,888$27,566
Net Investment Income$213,202$36,355$250,016
Distributable Amount$109,684$88,486$89,926

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$31K$63K$94K$125K5 grants20203 grants20211 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Cincinnati Symphony Orchestra: $35KCincinnati Symphony Orchestra$35KGreater Cincinnati Television: $25KGreater Cincinnati Television$25KCincinnati Public Radio Inc: $25KCincinnati Public Radio Inc$25KMercantile Library: $15KMercantile Library$15KManifest Creative Research Gallery and: $15KManifest Creative ResearchGallery and$15KCincinnati Playhouse in the Park: $10KCincinnati Playhouse in thePark$10K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cincinnati Symphony Orchestra ($35,000), Greater Cincinnati Television ($25,000), Cincinnati Public Radio Inc ($25,000).

RecipientPurposeAmount
CINCINNATI SYMPHONY ORCHESTRA Cincinnati, OHCAPITAL CAMPAIGN$35,000
GREATER CINCINNATI TELEVISION Cincinnati, OHCAPITAL CAMPAIGN$25,000
CINCINNATI PUBLIC RADIO INC Cincinnati, OHPROJECT/PROGRAM FUNDS$25,000
MERCANTILE LIBRARY Cincinnati, OHCAPITAL FUNDS$15,000
MANIFEST CREATIVE RESEARCH GALLERY AND Cincinnati, OHCAPITAL FUNDS$15,000
CINCINNATI PLAYHOUSE IN THE PARK Cincinnati, OHPROJECT/PROGRAM SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

Fifth Third Bank NA — Agent: $15KFifth Third Bank NAAgent$15K

From 2024 IRS filing

NameTitleHoursCompensation
Phillip C LongChairman1—
Whitney LongVice Chairman1—
George A Schaefer JrTreasurer1—
Carolyn McCoySecretary1—

Frequently Asked Questions

How large is The William S Rowe Foundation Co Fifth?

As of 2024, The William S Rowe Foundation Co Fifth holds $1.1M in total assets with $293K in annual revenue. It awarded 6 grants totaling $125K in 2024.

Where does The William S Rowe Foundation Co Fifth operate?

The William S Rowe Foundation Co Fifth has awarded grants in Ohio.

What size grants does The William S Rowe Foundation Co Fifth award?

In 2024, The William S Rowe Foundation Co Fifth awarded 6 grants totaling $125K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is The William S Rowe Foundation Co Fifth required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The William S Rowe Foundation Co Fifth reported a distributable amount of $110K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The William S Rowe Foundation Co Fifth's EIN?

The William S Rowe Foundation Co Fifth's EIN (Employer Identification Number) is 31-1255004. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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