CONSISTENT WITH A "MEMORANDUM OF TRUSTEE ACTION" (COPY ATTACHED) THE TAXPAYER HAS SUBSTANTIALLY CONTRACTED BY DISTRIBUTING A LARGE AMOUNT OF ASSETS (CASH, BONDS, STOCKS, MUTUAL FUNDS, ETC.) TO THE INDEPENDENT CHARITABLE GIFT FUND ("IGIFT FUND"), A DONOR-ADVISED FUND: 110 W STREETSBORO ST, STE 2A, HUDSON, OH 44236. A TOTAL OF $26,083,621 OF CASH AND SECURITIES WERE DISTRIBUTED TO IGIFT. THE FOUNDATION WILL CONTINUE TO MAKE DISTRIBUTIONS TO IGIFT AS CERTAIN ILLIQUID ASSETS IT HOLDS ARE ABLE TO BE TRANSFERRED AND / OR MONETIZED IN THE FUTURE. SUCH ILLIQUID ASSETS HAVE CERTAIN HOLDING PERIODS AND / OR OTHER RESTRICTIONS THAT WILL BE HANDLED ON AN INVESTMENT BY INVESTMENT BASIS. CASH AND SECURITIES DISTRIBUTED TO IGIFT DURING 2023 WERE AS FOLLOWS:CASH:BAIRD 4259 $18,731BAIRD 4364 $35,296BAIRD 6888 $ 8,942BAIRD 8777 $ 2,663SECURITIES (FMV)(DETAILS OF EACH SECURITY ATTACHED):BAIRD 4259 $18,097,819 (STOCKS A& MUTUAL FUNDS)BAIRD 4364 $ 4,265,843 (BONDS & BOND FUNDS)BAIRD 6888 $ 941,050 (BONDS & BOND FUNDS)BAIRD 8777 $ 2,713,278 (REAL ESTATE & OTHER INVESTMENTS)
Focus Areas
Human Services
Application Information
Accepts Unsolicited ProposalsUnknown
Contact PersonYONTZ VALOR FOUNDATION
Phone4142449940
DeadlinesONGOING
How to ApplyLETTER OR EMAIL REQUEST AS PER MAILING / EMAILING INSTRUCTIONS
RestrictionsALL APPLICATIONS WILL BE REVIEWED
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
Year
Total Giving
Total Assets
Revenue
Grants
2023
$26.1M
$10.7M
$-324K
2
2024
$1.0M
$8.7M
$-1.2M
2
Grant Size Distribution
Min: $66KMedian: $500KAvg: $6.8MMax: $26.0M
Geographic Distribution
Key Personnel
Name
Title
Compensation
TERRI YONTZ MILLER
PRES & TRUSTEE
—
JASON KOHOUT
Trustee
—
ABBEY MAGNUSON
Trustee
—
Grants Awarded
(4 total)
Recipient
Location
Amount
Purpose
Year
INDEPENDENT CHARITABLE GIFT FUND IG
Hudson, OH
$26,017,990
DONOR ADVISED FUND
2023
CHORDOMA FOUNDATION
DURHAM, NC
$750,000
USED TOWARDS SEARCHING FOR A CURE FOR THOSE AFFECTED BY CHORDOMA