GrantAuthority

J W Ellsworth Endowment Trust 20-32389000

Grantmaking foundation in Brooklyn, Ohio · EIN 34-6501094

Total giving
$5.3MTax year 2023
Total assets
$38MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED DECEMBER 21, 1923. KEYBANK,AS TRUSTEE, MAKES DISTRIBUTIONS FOR THE OPERATION,MAINTENANCE, AND UPKEEP OF THE WESTERN RESERVE ACADEMY. DISTRIBUTIONS ARE TO BE USED SOLELY FOR EDUCATIONAL PURPOSES. SPECIFICALLY, TO MAINTAIN AND OPERATE AN INSTITUTION OF LEARNING FOR BOYS AND YOUNG MEN THAT THEY MAY BE PREPARED TO BE USEFUL CITIZENS OF THE REPUBLIC, AND IN ADDITION TO THE USUAL CURRICULUM COMPRISING THE CLASSICS, HUMANITIES, AND SCIENCES, TO MAINTAIN A DEPARTMENT OF AGRICULTURE. IT SHALL BE THE PURPOSE OF THE SCHOOL TO AVOID AS FAR AS POSSIBLE THE DEFECTS OF MODERN EDUCATIONAL METHODS. STUDENTS SHALL BE DEVELOPED BY INSISTENCE ON THE MASTERY OF FUNDAMENTAL SUBJECTS OF STUDY. SCIENTIFIC RESEARCHES CONDUCTED BY MEMBERS OF THE FACULTY ARE TO BE ENCOURAGED. STUDENTS WITH LIMITED MEANS SHALL BE PERMITTED AND THE TUITION TO BE CHARGED TO STUDENTS SHALL AT ALL TIMES BE MAINTAINED WITH THAT OBJECT IN VIEW. KEYBANK MAINTAINS A RESPONSIVENESS TO THE

Quoted from the foundation's IRS filing.

Giving by year

$2.1M2020
$2.9M2021
$2.8M2022
$5.3M2023

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Western Reserve Academy$2.8M2022

Amounts are rounded. The full grantee list is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2023. Also see this organization on ProPublica Nonprofit Explorer.