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Form 990-PFTax year 2024EIN 85-3807281

Karen's Way

A private foundation in Bay Village, OH. Its return for tax year 2024 lists 4 grants and $12,397 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Mary Patricia Rhea
317 Saddler Rd
Bay Village, OH 44140
(216) 469-2490
Form and materials
Written request
Deadlines
N/A
Restrictions
N/A

Assets and giving by year

4 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $12,397

    Grants listed
    4
    Assets, end of year
    $710,325
  • Tax year 2023

    $268,875

    Grants listed
    5
    Assets, end of year
    $719,009
  • Tax year 2022

    $65,000

    Grants listed
    3
    Assets, end of year
    $1,114,652
  • Tax year 2021

    $40,050

    Grants listed
    11
    Assets, end of year
    $1,174,342

Grants paid in 2024

4 grants, largest first

As listed on the return.

  1. Norton IndustriesLakewood, OH

    Donation to repair rental for family in needfor use

    $7,397
  2. The Leukemia & Lymphoma Society IncRye Brook, NY

    Student Visionaries Campaign 2024

    $2,500
  3. Run UniveristyBay Village, OH

    Amy Mihaljevic Memorial 5k Run &1 mile walk

    $2,000
  4. younglifeHarlan, IA

    Gift for to Cleveland WestshoreOperating expenses

    $500

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Ohio2 grants $9,397
  2. New York1 grant $2,500
  3. Iowa1 grant $500

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jack N RheaSecretary Hours 0.25Pay $0
  • Mary Patricia RheaPresident Hours 1Pay $0
  • Charles N NortonTreasurer/director Hours 0.25Pay $0
  • Brooke N RheaSecretary Hours 0.25Pay $0
  • Erica OmojuannfoMember Hours 0.25Pay $0

The return

More foundations

Other foundations in Ohio

  1. Maust Henry FBO SPCA PFDNBrooklyn, OH 1 grant Preselected only $12,369 giving
  2. William and Alberta S Keller CharitableHamilton, OH 1 grant Preselected only $12,327 giving
  3. Killgallon FoundationBryan, OH 13 grants Accepts applications $12,500 giving
  4. Kay Kelly Wilhelm FundCardington, OH 4 grants Accepts applications $12,500 giving
  5. The Hodgson Family FoundationMoreland Hills, OH 2 grants Preselected only $12,500 giving