Funder DirectoryThe Paul E and Elaine C Drack Family Foundation Inc
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Private foundation (trust)EIN 821020203Est. 2017-07

The Paul E and Elaine C Drack Family Foundation Inc

CINCINNATI, OH 45215

Total Assets

$482K

FY 2024

Annual Giving

$29K

FY 2024

Grants Made

14

FY 2024

Avg Grant

$2K

FY 2024

Grant Range

$1K–$5K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$23K

The Foundation is a nonoperating grant making foundation. It makes gifts to qualifying charitable organizations. The foundation received its tax-exempt determination letter from the IRS on 12/7/18; therefore its direct direct charitable activities were limited to the authorization of charitable distributions listed in part XV.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$334K

Total Expenses

$30K

Qualifying Distributions

$29K

Distributable Amount

$19K

Min. Investment Return

$19K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

14 grants

Grant sizes from minimum $1K through median $2K to maximum $5K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $38K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

46 grants

UNIVERSITY OF CINCINNATI FOUNDATION
$18K
4 grants
AMERICAN CANCER SOCIETY
$18K
4 grants
MATTHEW 25 MINISTRIES
$16K
4 grants
AMERICAN HEART ASSOCIATION
$11K
3 grants
ST JUDE CHILDRENS RESEARCH HOSPITAL
$7K
4 grants
CINCINNATI CHILDRENS HOSPITAL
$7K
4 grants
ANIMAL FRIENDS HUMANE SOCIETY
$5K
4 grants
WOUNDED WORRIOR PROJECT
$5K
4 grants

Grant Size Distribution

46 grants

<$10K
46
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

Ohio
$87K
86% of total
Tennessee
$7K
7% of total
Florida
$5K
5% of total
District of Columbia
$3K
3% of total

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The Paul E and Elaine C Drack Family Foundation Inc — Grants, Financials & Contact | Grantivo