William & Joan Cushing Foundation

CINCINNATI, OH EIN: 81-3293748

William & Joan Cushing Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $459K in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$459K

-1.9% YoY

Annual Giving

$27K

+440.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$14K

+170.0% YoY

Under IRS private-foundation payout rules, William & Joan Cushing Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

About William & Joan Cushing Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $102K (100%)

States

Ohio

Cities

Cincinnati

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$458,778	$467,733	$516,281
Revenue	$21,047	$-38,900	$11,156
Expenses	$29,548	$8,513	$13,078
Qualifying Distributions	$27,750	$6,012	$7,547
Net Investment Income	$18,327	$6,386	$6,598
Distributable Amount	$32,064	$26,782	$26,391

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Ursula Academy ($13,500), Xavier University ($13,500).

Recipient	Purpose	Amount
ST URSULA ACADEMY CINCINNATI, OH	PROMOTE CHARITABLE PURPOSE	$13,500
XAVIER UNIVERSITY CINCINNATI, OH	PROMOTE CHARITABLE PURPOSE	$13,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PAUL F WENKER	TRUSTEE	1.5	—
BARBARA BRINKSNEADER	TRUSTEE	1.5	—
P MICHAEL WENKER	TRUSTEE	1.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William & Joan Cushing Foundation?

William & Joan Cushing Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. It holds $459K in total assets as of 2024.

How large is William & Joan Cushing Foundation?

As of 2024, William & Joan Cushing Foundation holds $459K in total assets with $21K in annual revenue. It awarded 2 grants totaling $27K in 2024.

Where does William & Joan Cushing Foundation operate?

William & Joan Cushing Foundation has awarded grants in Ohio.

What size grants does William & Joan Cushing Foundation award?

In 2024, William & Joan Cushing Foundation awarded 2 grants totaling $27K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is William & Joan Cushing Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William & Joan Cushing Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William & Joan Cushing Foundation's EIN?

William & Joan Cushing Foundation's EIN (Employer Identification Number) is 81-3293748. IRS Form 990 filing data is available on this page for 2020–2024.