NonprofitsM R Lilly P And Mary Dickey Memorial Fund

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.

Expenses: $286KGrants: $286K

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.

Expenses: $286KGrants: $286K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$2.3M
Other revenue$57K
Total revenue$2.3M

Expenses

Grants paid$1.1M
Salaries & benefits$166K
Fundraising
Other expenses$1K
Total expenses$1.3M
Total assets$21.4M
Net assets$21.4M

People

1 listed

NameRoleCompensation

KEYBANK NATIONAL ASSOCIATION

TRUSTEE

Board

$166K

1 hrs/wk

Details

EIN346998724
NTEE codeT900
Subsection03
Ruling date1994-03
Formed1994
Employees0
M R LILLY P AND MARY DICKEY MEMORIAL FUND — Mission, Financials & Grants Received | Grantivo