GrantAuthority

Central School of Practical Nursing Trust

Grantmaking foundation in Brooklyn, Ohio · EIN 34-6507840

Total giving
$670KTax year 2025
Total assets
$530KLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

IN ACCORDANCE WITH THE TRUST AGREEMENT DATED OCTOBER 15, 1954, KEYBANK AS TRUSTEE, DISTRIBUTES NET INCOME FROM THIS TRUST FUND, WHICH WAS ESTABLISHED FOR THE SOLE BENEFIT OF THE CENTRAL SCHOOL OF PRACTICAL NURSING, TO THE SCHOOL'S CHECKING ACCOUNT. ALL INCOME DERIVED FROM THIS TRUST IS USED FOR THE SCHOOL EXPENSES, THE PROMOTION OF THE BEST INTERESTS OF THE SCHOOL, OR THE EXPANSION THEREOF. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% AFV OR TRADITIONAL INCOME. FURTHERMORE, KEYBANK MUST OBTAIN WRITTEN APPROVAL FROM THE FUND'S INVESTMENT COMMITTEE PRIOR TO CONDUCTING ANY ACTIVITY WITH THE ASSETS HELD IN THIS TRUST FUND. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF THE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.

Quoted from the foundation's IRS filing.

Giving by year

$190K2020
$200K2021
$1.5M2022
$1.2M2023
$560K2024
$670K2025

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
Central School of Practical Nursing Inc$1.5M2022

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 2025. Also see this organization on ProPublica Nonprofit Explorer.