Synthomer Foundation Inc

Organization Overview

Synthomer Foundation Inc is located in Beachwood, OH. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Synthomer Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Synthomer Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $426.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Synthomer Foundation Inc has awarded 65 individual grants totaling $426,335. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2
Dividends & Interest $527,685
Net Rental Income$0
Net Gain on Sale of Assets $591,783
Capital Gain Net Income $591,785
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,119,470

Grants Awarded

Over the last fiscal year, Synthomer Foundation Inc has awarded $426,335 in support to 65 organizations.

Grant RecipientAmount

UTD WAY OF SUMMIT MEDINA COU

PURPOSE: PROJECT SUPPORT

$34,750

UNITED WAY OF GREATER CLEVEL

Org PageRecipient Profile

Cleveland, OH

PURPOSE: PROJECT SUPPORT

$34,750

GREATER CLEVELAND FOOD BK

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL OPERATING

$25,000

AKRON CANTON REGIONAL FOOD B

Org PageRecipient Profile

Akron, OH

PURPOSE: GENERAL OPERATING

$25,000

THE OSU

PURPOSE: PROGRAM SUPPORT

$18,000

CHILDRENS HUNGER ALLIANCE

Org PageRecipient Profile

Columbus, OH

PURPOSE: PROGRAM SUPPORT

$15,000
View Grant Profile

Peer Organizations

Organization NameAssets
George Gund Foundation
Cleveland, OH
$120,923,136
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Lumina Foundation For Education Inc
Indianapolis, IN
$124,727,424
Pnc Foundation
Pittsburgh, PA
$3,451,991
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
The Meijer Foundation
Grand Rapids, MI
$43,970,388
Nationwide Foundation
Columbus, OH
$42,470,606
Dietrich Foundation
Pittsburgh, PA
$93,476,192
Ford Motor Co Fund
Dearborn, MI
$51,364,996
Farmer Family Foundation
Cincinnati, OH
$63,392,827

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