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Brite Charitable Trust is a private trust based in LOUISVILLE, KY. The foundation received its IRS ruling in 2021. The principal officer is % Hilliard Lyons Trust Co LLC Ttee. It holds total assets of $213K. Annual income is reported at $35K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Brite Charitable Trust has made 3 grants totaling $37K, with a median grant of $12K. Annual giving has decreased from $25K in 2022 to $12K in 2023. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Brite Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in KY.
Brite Charitable Trust has distributed a total of $37K across 3 grants. The median grant size is $12K, with an average of $12K. Individual grants have ranged from $12K to $12K.
Brite Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Brite Charitable Trust is headquartered in LOUISVILLE, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Baird Trust Company | TRUSTEE | $3K | $0 | $3K |
Total Giving
$16K
Total Assets
$213K
Fair Market Value
$356K
Net Worth
$213K
Grants Paid
$12K
Contributions
$0
Net Investment Income
$4K
Distribution Amount
$17K
Total: $205K
Total Grants
3
Total Giving
$37K
Average Grant
$12K
Median Grant
$12K
Unique Recipients
1
Most Common Grant
$12K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Burton Memorial Baptist ChurchGENERAL CHARITABLE | Bowling Green, KY | $12K | 2023 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY
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