GrantAuthority

Ruth S Cowdery Foundation Tr

Grantmaking foundation in Brooklyn, Ohio · EIN 34-6887763

Total giving
$93KTax year 2025
Total assets
$1.7MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

GRANTS ARE MADE ACCORDING TO THE TRUST AGREEMENT DATED JUNE 2, 1981 .KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS AS FOLLOWS:1/3 SHARE TO HIRAM COLLEGE1/3 SHARE TO UH CONNEAUT MEDICAL CENTER 1/3 SHARE PARK STREET CHRISTIAN CHURCH. KEYBANK MAINTAINS RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. EACH ORGANIZATION SHALL HAVE THE RIGHT AT ANY TIME TO OFFER ITS INSIGHT OR SUGGESTIONS TO KEYBANK WITH RESPECT TO THE ADMINISTRATION OR INVESTMENTS OF THE TRUST. KEYBANK AGREES TO TAKE DUE CONSIDERATION OF ALL SUGGESTIONS, AND AGREES TO TAKE ALL STEPS NECESSARY TO ENSURE THAT THE ORGANIZATIONS HAVE A SIGNIFICANT VOICE WITH RESPECT TO THE TRUST. 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% OF AFV OR TRADITIONAL INCOME.

Quoted from the foundation's IRS filing.

Giving by year

$87K2020
$87K2021
$100K2022
$87K2023
$84K2024
$93K2025

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
Hiram College$34K2022
University Hospital Conneaut Medical Center$34K2022

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

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Similar foundations in Ohio

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.