TQL Foundation Inc
TQL Foundation Inc is a private foundation based in Cincinnati, Ohio. Its 2024 filing reports grants to organizations including Cincinnati-area human-services and youth organizations, as well as recipients outside Ohio.
TQL Foundation Inc at a glance
In short: TQL Foundation Inc gave $1.8M across 63 grants in 2024 (avg $28K), mostly in Ohio. 37% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,780,759
- -23.0% vs 2023
- Grants made (2024)
- 63
- -10.0% vs 2023
- Average grant
- $28,266
- -14.4% vs 2023
- Median grant
- $8,265
- Total assets
- $25,142,815
- -1.4% vs 2023
- New grantees (estimate)
- 37% first-time grantees (23 of 63, 2024)
- Primary geography
- Ohio (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to TQL Foundation Inc
- How to Apply
-
The filing says any form can be used, and organizations may be asked to submit proof of tax-exempt status. It states that awards have no restrictions and that giving is not limited to preselected organizations.
- Contact
Application contact: Tql Foundation Inc
Mailing address: 4289 Ivy Pointe Blvd, Cincinnati, OH 45245
Phone: (513) 831-2600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who TQL Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American Online Giving Foundation ($563K). Together the top 10 received $1.3M.
Grant Size Distribution
361 grants across all recorded years
The most common grant size was under $50K: 324 grants of 361 (90%).
Geographic Focus
Where this funder awards grants
In 2024, Ohio organizations received 90% of grant dollars. The remaining reported shares went to Massachusetts (3%), Tennessee (3%), Illinois (2%), and Colorado (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 63 itemized grants.
States
Cities
Is TQL Foundation Inc open to new grantees?
37%
first-time grantees, 2024
In 2024, 23 of 63 grantees (37%) were first-time recipients. First grants averaged $14K; repeat grants $37K. How we count
Medians: $5K first-time, $9K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving grew 45% from 2021 to 2024. Method
- In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2020) to $2.3M (2022). In 2024 it made 63 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation Hudson, OH | Program Support | $563,180 |
| Guardian Angels Parishchurch Cincinnati, OH | Program Support | $250,000 |
| Big Brothers Big Sisters of Cincinnati Cincinnati, OH | Program Support | $111,065 |
| Cincinnati Works Cincinnati, OH | Program Support | $75,000 |
| Boys & Girls Club of Greater Cincinnati Cincinnati, OH | Program Support | $50,000 |
| Southwest Ohio Regional Family Advocacy Center Inc Cincinnati, OH | Program Support | $50,000 |
| Ronald McDonald House of Greater Cincinnati Cincinnati, OH | Program Support | $50,000 |
| Radial Health Boston, MA | Program Support | $50,000 |
| St Christopher's Truck Relief Fund Knoxville, TN | Program Support | $50,000 |
| Cubs Charities Chicago, IL | Program Support | $35,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $25,142,815 | $1,574,094 | $1,936,209 | $1,780,759 | 63 | $1,794,447 | $1,382,373 | $1,620,368 |
| 2023 | $25,504,333 | $378,259 | $2,445,444 | $2,311,201 | 70 | $2,319,277 | $527,734 | $1,486,625 |
| 2022 | $27,553,931 | $209,364 | $2,528,585 | $2,348,678 | 79 | $2,353,223 | $473,119 | $1,578,914 |
| 2021 | $29,862,488 | $2,374,595 | $1,381,591 | $1,225,509 | 56 | $1,228,689 | $2,326,712 | $1,758,510 |
| 2020 | $28,866,203 | $1,156,859 | $1,480,318 | $1,098,689 | 93 | — | $1,020,984 | $1,480,170 |
Under IRS private-foundation payout rules, TQL Foundation Inc reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for organizations with varied missions. For example, Cincinnati Works says it helps people living in poverty advance toward self-sufficiency through employment, training, and coaching. Madis House says it provides a free, judgment-free community for young adults facing mental health challenges or recovering from substance use disorder. These are the grantees’ descriptions of their own work, not stated focus areas of the foundation.
Grantmaking
The foundation reported 63 grants totaling $1,780,759 in 2024. Grant amounts ranged from $50 to $563,180, with a median of $8,265. Its grant totals were $2,311,201 across 70 grants in 2023 and $2,348,678 across 79 grants in 2022.
The largest listed 2024 grants included $563,180 to American Online Giving Foundation, $250,000 to Guardian Angels Parishchurch, and $111,065 to Big Brothers Big Sisters of Cincinnati. Other notable grants included $75,000 to Cincinnati Works; $50,000 each to Boys & Girls Club of Greater Cincinnati, Southwest Ohio Regional Family Advocacy Center, Ronald McDonald House of Greater Cincinnati, Radial Health, and St Christopher’s Truck Relief Fund; and $35,000 to Cubs Charities.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kenneth G Oaks as chairman, Michael Zins as treasurer, and Kerry Byrne as president and secretary.
TQL Foundation Inc is led by Kerry Byrne, President & Secretary on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kerry Byrne
President & Secretary
On filings since 2020
1 hr/week
No compensation reported
Kenneth G. Oaks
Chairman
On filings since 2020
1 hr/week
No compensation reported
Michael Zins
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about TQL Foundation Inc
How much does TQL Foundation Inc give each year?
TQL Foundation Inc gave $1.8M across 63 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.3M across 70 grants.
What is TQL Foundation Inc's typical grant size?
TQL Foundation Inc's median grant in 2024 was $8,265, and its average grant was $28,266, across 63 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from TQL Foundation Inc that year got $14K on average.
Where does TQL Foundation Inc give grants?
TQL Foundation Inc gives mostly in Ohio: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cincinnati, OH (45 grants), Hudson, OH (2 grants), Loveland, OH (2 grants) and Dayton, OH (2 grants).
Does TQL Foundation Inc give general operating support?
Not in 2024: none of the 63 grants with a stated purpose on TQL Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (62 grants).
Who are TQL Foundation Inc's largest grantees?
TQL Foundation Inc's largest 2024 grantees include American Online Giving Foundation ($563,180), Guardian Angels Parishchurch ($250,000) and Big Brothers Big Sisters of Cincinnati ($111,065), according to its 2024 IRS Form 990-PF. Together they received 52% of its itemized 2024 grant dollars.
How large is TQL Foundation Inc?
TQL Foundation Inc reported $25.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets).
What does TQL Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for organizations with varied missions. For example, Cincinnati Works says it helps people living in poverty advance toward self-sufficiency through employment, training, and coaching. See mission & focus areas ↑
How do I apply for a grant from TQL Foundation Inc?
The filing says any form can be used, and organizations may be asked to submit proof of tax-exempt status. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is TQL Foundation Inc's EIN?
TQL Foundation Inc's EIN (Employer Identification Number) is 47-2494883. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in TQL Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). TQL Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/tql-foundation-inc-morg_526d53909f64415c9700923df739abd7
BibTeX
@misc{grantable_472494883_2026,
author = {{Grantable}},
title = {{TQL Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/tql-foundation-inc-morg_526d53909f64415c9700923df739abd7},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from TQL Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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