Philanthropy, Voluntarism & Grantmaking Foundations
M R Lilly P And Mary Dickey Memorial Fund
BROOKLYN, OH
Total revenue
$2.3M
Total expenses
$1.3M
Net assets
$21.4M
Grants received
—
EIN
346998724
Tax year
2024
Mission
Grants are made according to Trust Agreement dated October 27,1987. Keybank, as Trustee, makes distributions as follows: 25% to Lake Erie College, 50% to First Presbyterian Church, and 25% to Case Western Reserve University. Under the Ohio Institutional Trust Funds Act of 1999, the beneficiaries have chosen to receive the maximum of income based on the greater of 5% of AFV or traditional income. Keybank maintains a responsiveness to the needs and activities of each beneficiary organization in the attainment of its mission. Please note the charities have a right to remove the Trustee, and the Trustee has the authority to amend the document to insure the continuation to qualify as a 509(a)3 .
Programs
2 programs
Grants made to Lake Erie College to be used for the payment of salaries for foreign language teachers. Any excess income is to be used for the payment of salaries to other teachers.
Grants made to Case Western Reserve University to be used equally for scholarship for graduate degrees in foreign language and law with preference given to Lake Erie College graduates.
Financials
FY 2024
Revenue
Expenses
People
1 listed
KEYBANK NATIONAL ASSOCIATION
TRUSTEE
$166K
1 hrs/wk