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Frances N Alden 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 $44.8M. Annual income is reported at $13.3M. Total assets have grown from $1.1M in 2021 to $47M in 2023. 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, Frances N Alden Charitable Trust has made 24 grants totaling $4.7M, with a median grant of $125K. The foundation has distributed between $2.2M and $2.5M annually from 2022 to 2023. Individual grants have ranged from $10K to $1M, with an average award of $194K. The foundation has supported 10 unique organizations. 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.
Frances N Alden Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in KY.
Frances N Alden Charitable Trust has distributed a total of $4.7M across 24 grants. The median grant size is $125K, with an average of $194K. Individual grants have ranged from $10K to $1M.
Frances N Alden Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Frances N Alden Charitable Trust is headquartered in LOUISVILLE, KY.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$2.8M
Total Assets
$47M
Fair Market Value
$52.5M
Net Worth
$47M
Grants Paid
$2.2M
Contributions
$43K
Net Investment Income
$1.5M
Distribution Amount
$2.5M
Total: $46.2M
Total Grants
24
Total Giving
$4.7M
Average Grant
$194K
Median Grant
$125K
Unique Recipients
10
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Waterfront Botanical GardensTO PRESERVE HEALTHY NATURE | Louisville, KY | $500K | 2023 |
| Speed Art MuseumCHARITABLE | Louisville, KY | $1M | 2023 |
| Community Foundation Of LouisvilleEMPOWER AND MAKING | Louisville, KY | $300K | 2023 |
| Olmsted Parks ConservancyRESTORING AND PROTECTING | Louisville, KY | $150K | 2023 |
| Louisville Free Public Library FdnENHANCE LIBRARY'S PROGRAMS | Louisville, KY | $100K | 2023 |
| Home Of The InnocentsEMPOWER AND ENRICH LIVES OF | Louisville, KY | $50K | 2023 |
| Hosparus IncGRIEF- COUNSELING SERVICES | Louisville, KY | $50K | 2023 |
| Cabbage Patch Settlement HouseEQUIP AND EMPOWER AT-RISK | Louisville, KY | $25K | 2023 |
| Historic Locust Grove IncPRESERVING A NATIONAL | Louisville, KY | $200K | 2022 |
| Louisville Collegiate SchoolSCHOLARSHIP | Louisville, KY | $80K | 2022 |