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First Savings Charitable Foundation is a private corporation based in JEFFERSONVLLE, IN. The foundation received its IRS ruling in 2010. The principal officer is % Larry W Myers. It holds total assets of $5.6M. Annual income is reported at $293K. The foundation operates in the area of philanthropy & grantmaking. According to available records, First Savings Charitable Foundation has made 41 grants totaling $1.3M, with a median grant of $15K. The foundation has distributed between $199K and $558K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $558K distributed across 18 grants. Individual grants have ranged from $1K to $114K, with an average award of $31K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Kentucky and Indiana. Contributions to this foundation are tax-deductible.
First Savings Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in KY, IN.
First Savings Charitable Foundation has distributed a total of $1.3M across 41 grants. The median grant size is $15K, with an average of $31K. Individual grants have ranged from $1K to $114K.
FIRST SAVINGS CHARITABLE FOUNDATION WILL ONLY FUND 501(C)(3) ORGANIZATIONS AND THOSE WITH "PUBLIC CHARITY" STATUS OR ITS EQUIVALENT. THERE WILL BE NO FUNDING TO POLITICAL GROUPS, FRATERNAL ORGANIZATIONS, SECTARIAN OR RELIGIOUS ACTIVITIES, FAMILY FOUNDATIONS OR INDIVIDUALS. IN ADDITION, THE FOUNDATION WILL NOT PROVIDE FUNDING FOR OPERATIONAL EXPENSES.
First Savings Charitable Foundation is headquartered in JEFFERSONVLLE, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jacob Julius | BOARD MEMBER | $0 | $0 | $0 |
| Christy Karmire | BOARD MEMBER | $0 | $0 | $0 |
| Cecile A Blau | BOARD MEMBER | $0 | $0 | $0 |
| Jackie R Journell | OFFICER | $0 | $0 | $0 |
| Larry Ricke | CHAIRMAN | $0 | $0 | $0 |
Total Giving
$265K
Total Assets
$3.7M
Fair Market Value
$3.7M
Net Worth
$3.6M
Grants Paid
$259K
Contributions
$0
Net Investment Income
$147K
Distribution Amount
$172K
Total: $3.6M
Total Grants
41
Total Giving
$1.3M
Average Grant
$31K
Median Grant
$15K
Unique Recipients
16
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lincoln FoundationEDUCATIONALEDUCATIONAL | Louisville, KY | $9K | 2022 |
| Junior Achievement Of KentuckianaEDUCATIONALEDUCATIONAL | Louisville, KY | $114K | 2023 |
| Leadership Southern IndianaEDUCATIONAL | Sellersburg, IN | $68K | 2023 |
| Big Brothers Big Sisters Of Kentuckiana IncCOMMUNITY ECONOMIC DEVELOPMENT | Louisville, KY | $25K | 2023 |
| Junior Achievement Of Southwestern IndianaEDUCATIONAL | Evansville, IN |
| Tony A Schoen |
| OFFICER |
| $0 |
| $0 |
| $0 |
| John P Lawson Jr | TREASURER/SECRETARY | $0 | $0 | $0 |
| Larry W Myers | PRESIDENT | $0 | $0 | $0 |
| Kent Parisien | BOARD MEMBER | $0 | $0 | $0 |
| Rita Hudson Shourds | BOARD MEMBER | $0 | $0 | $0 |
| $15K |
| 2023 |
| Iu Southeast School Of BusinessEDUCATIONALEDUCATIONAL | New Albany, IN | $14K | 2023 |
| Boys And Girls Clubs Of Harrison-Crawford CountiesCOMMUNITY ECONOMIC DEVELOPMENT | Corydon, IN | $10K | 2023 |
| Align Southern IndianaEDUCATIONAL | New Albany, IN | $7K | 2023 |
| Daviess Co CeoEDUCATIONAL | Owensboro, KY | $7K | 2023 |
| U Of L Student AthleteEDUCATIONALEDUCATIONAL | Louisville, KY | $35K | 2022 |
| St George Community Center IncEDUCATIONALEDUCATIONAL | Louisville, KY | $5K | 2022 |
| Lhome Development Loan FundCOMMUNITY ECONOMIC DEVELOPMENT | Louisville, KY | $30K | 2020 |
| Simmons College Of KyEDUCATIONAL | Louisville, KY | $15K | 2020 |
| Ivy Tech FoundationEDUCATIONAL | Indianapolis, IN | $10K | 2020 |
| Crawford County Community SchoolsEDUCATIONAL | Marengo, IN | $3K | 2020 |
| Choices Life Resource CenterEDUCATIONAL | New Albany, IN | $3K | 2020 |
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