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 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 3 grants totaling $39K. Net investment income was $215K.
Key facts about Theodore E & Bernice C Zorn 50
In short: Theodore E & Bernice C Zorn 50 gave $39K across 3 grants in 2025 (avg $13K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 16-6353781
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $39,000
- Grants made (2025)
- 3
- Average grant
- $13,000
- Median grant
- $13,000
- Total assets
- $1,768,457
- Primary geography
- New York (67% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.8M
+10.6% YoY
Annual Giving
$39K
-51.2% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$13K
-35.0% YoY
Under IRS private-foundation payout rules, Theodore E & Bernice C Zorn 50 reported a distributable amount of $91K for 2025 — the minimum it must pay out in qualifying distributions.
How Theodore E & Bernice C Zorn 50 gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 50% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PLANNED PARENTHOOD OF SYRREGION Rochester, NY | UNRESTRICTED | $13,000 |
| PROLITERACY WORLDWIDE Syracuse, NY | UNRESTRICTED | $13,000 |
| RESCUE MISSION ALLIANCE Oxnard, CA | GENERAL OPERATING | $13,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,768,457 | $1,599,574 | $1,646,144 |
| Revenue | $231,410 | $58,210 | $68,794 |
| Expenses | $62,561 | $103,329 | $142,042 |
| Qualifying Distributions | $45,564 | $86,405 | $126,953 |
| Net Investment Income | $214,807 | $41,673 | $50,634 |
| Distributable Amount | $91,488 | $90,073 | $85,658 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
Leadership & Key People
Officers and directors from IRS filings
Theodore E & Bernice C Zorn 50's only listed officer is Keybank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Keybank N A
Trustee
On filings since 2020
1 hr/week
$19K (2020) → $21K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about Theodore E & Bernice C Zorn 50
How much does Theodore E & Bernice C Zorn 50 give each year?
Theodore E & Bernice C Zorn 50 gave $39K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $80K across 4 grants.
What is Theodore E & Bernice C Zorn 50's typical grant size?
Theodore E & Bernice C Zorn 50's median grant in 2025 was $13,000, and its average grant was $13,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Theodore E & Bernice C Zorn 50 give grants?
Theodore E & Bernice C Zorn 50 gives mostly in New York: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (33%).
Does Theodore E & Bernice C Zorn 50 give general operating support?
Yes: 100% of Theodore E & Bernice C Zorn 50's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Theodore E & Bernice C Zorn 50?
Theodore E & Bernice C Zorn 50 reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $46K in qualifying distributions that year, against a required minimum of $91K (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Theodore E & Bernice C Zorn 50 by hand.
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