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Filing year 2024

THE PSALMS FOUNDATION

Cincinnati, Ohio·EIN 31-1404734·NTEE T50Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.8M
Total assets
$826k
Total expenses
$1.7M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE PSALMS FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Vp/secretary/trustee
Pres/treas/trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.6M

Itemized grants

8

Median grant

$200k

RecipientLocationPurposeAmount
CALL OF LOVE INCCINCINNATI, OHGENERAL FUND$350k
JOHN F KENNEDY CENTER FOR THE PERFORMING ARTSWASHINGTON, DCGENERAL FUND$300k
ILLUMINATIONS FOUNDATIONALPHARETTA, GAGENERAL FUND$250k
ACCELERATE GREAT SCHOOLSCINCINNATI, OHGREAT SCHOOLS FOR ALL KIDS CAMPAIGN$200k
FC CINCINNATI FOUNDATIONCINCINNATI, OHGENERAL FUND$200k
UNIVERSITY OF CINCINNATI FOUNDATIONCINCINNATI, OHMATTHEW B LINDNER ENDOWMENT AND MICHAEL PRIVITERA, MD ENDOWED CHAIR OF THE UC EPILEPSY CENTER FUND$200k
LIFE ISSUES INSTITUTEFLORENCE, KYGENERAL FUND$100k
CAMPUS CRUSADE FOR CHRISTORLANDO, FLLARRY AND DEBBY THOMPSON SUPPORT$20k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE PSALMS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.3M
$1.1M
2023
$1.8M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

THE PSALMS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
FAQ

Common questions about THE PSALMS FOUNDATION

What are THE PSALMS FOUNDATION's revenue and expenses?

In 2024, THE PSALMS FOUNDATION reported $1.8M in total revenue and $1.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.