Theodore E & Bernice C Zorn 50
Theodore E & Bernice C Zorn 50 is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $80K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-2.8% YoY
Annual Giving
$80K
-33.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$20K
-33.9% YoY
Under IRS private-foundation payout rules, Theodore E & Bernice C Zorn 50 reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.
About Theodore E & Bernice C Zorn 50
Based on IRS filings
Theodore E & Bernice C Zorn 50 is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $80K. Net investment income was $42K.
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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 | $1,599,574 | $1,646,144 | $1,719,347 |
| Revenue | $58,210 | $68,794 | $-9,537 |
| Expenses | $103,329 | $142,042 | $61,219 |
| Qualifying Distributions | $86,405 | $126,953 | $45,360 |
| Net Investment Income | $41,673 | $50,634 | $30,108 |
| Distributable Amount | $90,073 | $85,658 | $87,322 |
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
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ronald Mcdonald House ($20,000), Planned Parenthood of Syrregion ($20,000), Proliteracy Worldwide ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RONALD MCDONALD HOUSE AKRON, OH | GENERAL OPERATING | $20,000 |
| PLANNED PARENTHOOD OF SYRREGION ROCHESTER, NY | UNRESTRICTED | $20,000 |
| PROLITERACY WORLDWIDE SYRACUSE, NY | UNRESTRICTED | $20,000 |
| RESCUE MISSION ALLIANCE OXNARD, CA | GENERAL OPERATING | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEYBANK N A | TRUSTEE | 1 | $20,421 |
Frequently Asked Questions
How large is Theodore E & Bernice C Zorn 50?
As of 2024, Theodore E & Bernice C Zorn 50 holds $1.6M in total assets with $58K in annual revenue. It awarded 4 grants totaling $80K in 2024.
Where does Theodore E & Bernice C Zorn 50 operate?
Theodore E & Bernice C Zorn 50 has awarded grants in California, New York, Ohio.
What size grants does Theodore E & Bernice C Zorn 50 award?
In 2024, Theodore E & Bernice C Zorn 50 awarded 4 grants totaling $80K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Theodore E & Bernice C Zorn 50 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Theodore E & Bernice C Zorn 50 reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Theodore E & Bernice C Zorn 50's EIN?
Theodore E & Bernice C Zorn 50's EIN (Employer Identification Number) is 16-6353781. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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