The Generation Trust

Organization Overview

The Generation Trust is located in Cincinnati, OH. The organization was established in 1986. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Generation Trust 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 12/2022, Generation Trust generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $7.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Generation Trust has awarded 40 individual grants totaling $11,074,451. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING CHRISTIAN ORGANIZATIONS THROUGH GRANTS


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Board, Officers & Key Employees

Name (title)Compensation
Fifth Third Bank N A
Trustee
$56,590
Carolyn Beckett
Executive Dir
$60,000
John D Beckett
Advisor
$0
Wendy Beckett
Advisor
$0
Kevin Beckett
Advisor
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $30,000
Interest on Savings $0
Dividends & Interest $346,316
Net Rental Income$0
Net Gain on Sale of Assets $857,925
Capital Gain Net Income $857,925
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $46,937
Total Revenue $1,281,178

Grants Awarded

Over the last fiscal year, The Generation Trust has awarded $7,683,254 in support to 5 organizations.

Grant RecipientAmount

CHARLES SIMPSON MINISTRIES

PURPOSE: RELIGIOUS

$15,000

FORSAMLINGEN BETEL

PURPOSE: EDUCATION

$85,000

EDITORIAL CLIE

PURPOSE: EDUCATION

$15,000

IN HIS STEPS FOUNDATION

PURPOSE: PROGRAM/PROJECT SUPPORT

$6,968,254

NATIONAL CHRISTIAN CHARITABLE FOUNDATION

PURPOSE: GENERAL

$600,000
View Grant Profile

Peer Organizations

Organization NameAssets
Robert And Adele Schiff Family Foundation Inc
Cincinnati, OH
$14,379,380
Fifth Third Union Trust Co Foundation
Cincinnati, OH
$8,921,924
Mathile Family Foundation
Dayton, OH
$4,058,921
John W Anderson Foundation
Valparaiso, IN
$12,851,167
Huntington Foundation
Columbus, OH
$20,067,123
Asante Foundation Inc
South Bend, IN
$8,989,734
Highmark Foundation
Pittsburgh, PA
$5,969,409
Carol Ann And Ralph V Haile Jr Foundation
Cincinnati, OH
$1,725,731
Hamilton Family Charitable Trust
Wayne, PA
$49,505,637
Herbert Simon Family Foundation
Indianapolis, IN
$13,477,682
Seed The Dream Foundation
Gladwyne, PA
$2,461,342
Deborah Joy Simon Foundation
Carmel, IN
$5,157,117
Lift A Life Foundation Inc
Mayfield Heights, OH
$8,561,648
8020 Foundation Tr
Fort Wayne, IN
$6,930,188
James Foundation Inc
Auburn, IN
$11,721,561
Zachary Smith Reynolds Trust
Pittsburgh, PA
$8,232,510
Franciscan Health Foundation Inc
Mishawaka, IN
$7,125,464
Wing Shadow Foundation
Ada, MI
$2,795,900
Wolf Creek Charitable Foundation
West Conshohocken, PA
$8,750,025
Daniel B And Florence E Green Foundation
Conshohocken, PA
$12,132,631
Scripps-Howard Foundation
Cincinnati, OH
$11,898,540
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle
Mayfield Heights, OH
$2,504,188
Connor Group Foundation
Miamisburg, OH
$50,620,083
Hillier Family Foundation
Akron, OH
$3,603,112
Hazel Ruby Mcquain Charitable Tr
Morgantown, WV
$9,092,496

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