Civic Intelligence

Charles P Taft Memorial Fund

EIN 31-6025254 • 501(c)3 • Cincinnati, OH

Profile

To provide assistance to the university of cincinnati departments of classics and humanities

Robert Rich Sec Treasr 215 HilltCincinnati, OH 45215

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

95th percentile

63%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

46th percentile

4.8%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2025

Revenue Growth

84th percentile

32%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2025

Assets

Up

$216,759,535

Up $11,924,110 (+5.8%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$216,759,535

Up $11,924,110 (+5.8%) from 2024

Revenue

Up

$18,941,756

Up $4,821,420 (+34%) from 2024

Expenses

Up

$7,028,476

Up $420,500 (+6.4%) from 2024

Net Income

Up

$11,913,280

Up $4,400,920 (+59%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2020: $179,106,747Liabilities 2020: $0Net Assets 2020: $179,106,7472020Assets 2021: $185,062,170Liabilities 2021: $0Net Assets 2021: $185,062,1702021Assets 2022: $192,672,147Liabilities 2022: $0Net Assets 2022: $192,672,1472022Assets 2023: $197,386,443Liabilities 2023: $0Net Assets 2023: $197,386,4432023Assets 2024: $204,835,425Liabilities 2024: $0Net Assets 2024: $204,835,4252024Assets 2025: $216,759,535Liabilities 2025: $0Net Assets 2025: $216,759,5352025

Highlighted filing

2025

Assets$216,759,535
Liabilities$0
Net Assets$216,759,535

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2020: $7,741,405Expenses 2020: $4,284,520Net Income 2020: $3,456,8852020Revenue 2021: $11,308,863Expenses 2021: $5,358,483Net Income 2021: $5,950,3802021Revenue 2022: $13,464,389Expenses 2022: $5,958,758Net Income 2022: $7,505,6312022Revenue 2023: $10,939,862Expenses 2023: $6,335,791Net Income 2023: $4,604,0712023Revenue 2024: $14,120,336Expenses 2024: $6,607,976Net Income 2024: $7,512,3602024Revenue 2025: $18,941,756Expenses 2025: $7,028,476Net Income 2025: $11,913,2802025

Highlighted filing

2025

Revenue$18,941,756
Expenses$7,028,476
Net Income$11,913,280

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$19,467,551
Mission and Program Overview

Mission

To provide assistance to the university of cincinnati departments of classics and humanities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$204,835,425$216,759,535▲ $11,924,110
Investments in Publicly Traded Securities$189,148,804$193,583,677▲ $4,434,873
Savings and Temporary Cash Investments$15,619,530$23,175,855▲ $7,556,325
Cash and Non-Interest-Bearing Accounts$67,091$3▼ $67,088
Total Assets$204,835,425$216,759,535▲ $11,924,110
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$204,835,425$216,759,535▲ $11,924,110
Total Liabilities and Net Assets / Fund Balance$204,835,425$216,759,535▲ $11,924,110
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dudley S TaftChairman
Ann SantenBoard Member
Dudley S Taft JrBoard Member
Ellie T WallaceBoard Member
George a Schaefer JrBoard Member
Lloyd a SempleBoard Member
Robert L LawrenceBoard Member
Robert E RichSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$18,941,756
Other Revenue
$0
Change in Net Assets
$11,913,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,894,244
Other Expenses$1,134,232
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,894,244--$5,894,244
Fees for Service Investment Mgmnt Fees$1,106,268--$1,106,268
Fees for Services Legal-$12,500-$12,500
Fees for Services Accounting-$5,103-$5,103
Other Expenses-$3,583-$3,583
Total Functional Expenses$7,000,512$27,964$0$7,028,476
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The University of CincinnatiCincinnati, OH501(c)(3)General Operating Support$5,894,244
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11-description of Process for Review

Organization's process to review form 990 fiscal return is to review with the board presiident and treasurer, at the time all board members receive a copy of the form 990 before it is filed.

Explanation for Form 990, Page 6, Part VI, Line 9

The officers and board members can be reached at the following addresses: dudley s. Taft - 312 walnut st, cincinnati, oh 45202; robert l. Lawrence - 4320 willow hills ln, cincinnati, oh 45243; lloyd a semple - 57 cambridge rd, grosse pointe farms, mi 48236; ellie t. Wallace - p. O. Box 43383, cincinnati, oh 45243; ann santen - 440 whitman ct, apt. 1, cincinnati, oh 45202; george a. Schaefer, jr. - 851 delaware ridge ln, cincinnati, oh 45226 and dudley s. Taft, jr.- 4400 muchmore rd, cincinnati, oh 45243.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

The conflict of interest policy is reviewed at each annual meeting of the trustees and all trustees are required to annually submit a conflict of interest compliance and disclosure statement for renewal.

FORM 990, PAGE 6, PART VI, LINE 15A

Outside certification by attorney of any compensation paid to test compatibility.

FORM 990, PAGE 6, PART VI, LINE 15B

Outside certification by attorney of any compensation paid to test compatibility.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and form 990 are available to the public upon request to the secretary.

Filing and Contact Details

Filer

Filer Name
Charles P Taft Memorial Fund
EIN
31-6025254
Phone
8594669608
Address
ROBERT RICH SEC TREASR 215 HILLT, CINCINNATI, OH 45215

Signing Officer

Name
Robert E Rich
Title
Sec. & Treasr.
Phone
8594669608
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Formed
1930
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
995 YARD STREET STE 280, GRANDVIEW HEIGHTS, OH 43212
Preparer
Sarah H Wallace
Phone
6142327295
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Wash sale cost basis adjustments of $16,504, return of capital adjustments of ($8,709), py accrued interest carryforward to cy of $1,715, cy accrued interest carryforward to fy25 of ($5,386), mutual fund earnings of $3,705 and cost basis adjustments of $3001.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION IS RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION D LINE 2
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0316000989
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd05
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt05894244
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE UNIVERSITY OF CINCINNATI
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt05894244
IRS990ScheduleA/TrustIntegralPartTestInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt05894244
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE UNIVERSITY OF CINCINNATI
IRS990ScheduleI/RecipientTable/RecipientEIN0316000989
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 210641
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CINCINNATI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0452210641
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE TO ORGANIZATIONS NAMED IN THE GOVERNING DOCUMENT TO BE USED FOR THE PURPOSE AND PROGRAMS ESTABLISHED BY THE TRUST INSTRUMENT. NO UNSOLICITED REQUESTS FOR FUNDS ARE ACCEPTED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990 FISCAL RETURN IS TO REVIEW WITH THE BOARD PRESIIDENT AND TREASURER, AT THE TIME ALL BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS AND BOARD MEMBERS CAN BE REACHED AT THE FOLLOWING ADDRESSES: DUDLEY S. TAFT - 312 WALNUT ST, CINCINNATI, OH 45202; ROBERT L. LAWRENCE - 4320 WILLOW HILLS LN, CINCINNATI, OH 45243; LLOYD A SEMPLE - 57 CAMBRIDGE RD, GROSSE POINTE FARMS, MI 48236; ELLIE T. WALLACE - P. O. BOX 43383, CINCINNATI, OH 45243; ANN SANTEN - 440 WHITMAN CT, APT. 1, CINCINNATI, OH 45202; GEORGE A. SCHAEFER, JR. - 851 DELAWARE RIDGE LN, CINCINNATI, OH 45226 AND DUDLEY S. TAFT, JR.- 4400 MUCHMORE RD, CINCINNATI, OH 45243.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED AT EACH ANNUAL MEETING OF THE TRUSTEES AND ALL TRUSTEES ARE REQUIRED TO ANNUALLY SUBMIT A CONFLICT OF INTEREST COMPLIANCE AND DISCLOSURE STATEMENT FOR RENEWAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUTSIDE CERTIFICATION BY ATTORNEY OF ANY COMPENSATION PAID TO TEST COMPATIBILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUTSIDE CERTIFICATION BY ATTORNEY OF ANY COMPENSATION PAID TO TEST COMPATIBILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE SECRETARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WASH SALE COST BASIS ADJUSTMENTS OF $16,504, RETURN OF CAPITAL ADJUSTMENTS OF ($8,709), PY ACCRUED INTEREST CARRYFORWARD TO CY OF $1,715, CY ACCRUED INTEREST CARRYFORWARD TO FY25 OF ($5,386), MUTUAL FUND EARNINGS OF $3,705 AND COST BASIS ADJUSTMENTS OF $3001.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE UNIVERSITY OF CINCINNATI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0316000989
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt05
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0POBOX 210641
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CINCINNATI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045221
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt05894244
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE UNIVERSITY OF CINCINNATI
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0204835425
IRS990/TotalAssetsEOYAmt0216759535
IRS990/TotalAssetsGrp/BOYAmt0204835425
IRS990/TotalAssetsGrp/EOYAmt0216759535
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027964
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07000512
IRS990/TotalFunctionalExpensesGrp/TotalAmt07028476
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00

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