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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 $220K. Annual income is reported at $61K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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.
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| 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
N/A
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