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Mahan Foundation Inc. is a private corporation based in LAGRANGE, KY. The foundation received its IRS ruling in 1984. The principal officer is Raymond Simpson. It holds total assets of $5.3M. Annual income is reported at $336K. Total assets have grown from $2.7M in 2011 to $5M in 2023. Distribution of funds to local charities and churches to fund various community activities which will benefit individuals in Jefferson and Oldham counties in Kentucky. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Kentucky. According to available records, Mahan Foundation Inc. has made 99 grants totaling $770K, with a median grant of $4K. Annual giving has grown from $240K in 2021 to $530K in 2022. Individual grants have ranged from $1K to $50K, with an average award of $8K. The foundation has supported 38 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$42K
Based on 35 grants from the most recent 990-PF filing.
Distribution of funds to local charities and churches to fund various community activities which will benefit individuals in Jefferson and Oldham counties in Kentucky. Over 30 entities were funded in 2021.
Expenses: $240K
Distribution of funds to local charities and churches to fund various community activities which will benefit individuals in Jefferson and Oldham counties in Kentucky. Based on available records, the foundation has funded 99 grants. Its grantmaking reaches organizations primarily in KY.
Mahan Foundation Inc. has distributed a total of $770K across 99 grants. The median grant size is $4K, with an average of $8K. Individual grants have ranged from $1K to $50K.
The application deadline is 12 1 2021. Limited to Jefferson and Oldham counties in Kentucky.
Mahan Foundation Inc. is headquartered in LAGRANGE, 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
$250K
Total Assets
$5M
Fair Market Value
$5M
Net Worth
$5M
Grants Paid
$244K
Contributions
N/A
Net Investment Income
$135K
Distribution Amount
$234K
Total: $4.7M
Total Grants
99
Total Giving
$770K
Average Grant
$8K
Median Grant
$4K
Unique Recipients
38
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mallory Taylor Foundationassist with organization cause | La Grange, KY | $7K | 2022 |
| Community Chest Of Oldham Countyassist with organization cause | La Grange, KY | $50K | 2022 |
| Creasy Mahan Nature Preserveassist with organization cause | Goshen, KY | $30K | 2022 |
| Hope Health Clinicassist with organization cause | La Grange, KY | $20K | 2022 |
| Oldham County Community Scholarshipassist with organization cause | Buckner, KY | $20K | 2022 |
| Oldham County Historical Societyassist with organization cause | La Grange, KY | $12K | 2022 |
| Hosparusassist with organization cause | Louisville, KY | $12K | 2022 |
| Cedar Lake Foundationassist with organization cause | Louisville, KY | $10K | 2022 |
| St John Methodist Churchassist with organization cause | Prospect, KY | $8K | 2022 |
| Shiloh United Methodist Churchassist with organization cause | Goshen, KY | $8K | 2022 |
| Operation Parentassist with organization cause | Buckner, KY | $8K | 2022 |
| Sojourn Churchassist with organization cause | Goshen, KY | $8K | 2022 |
| Grace And Glory Lutheran Churchassist with organization cause | Goshen, KY | $8K | 2022 |
| Christian Care Communitiesassist with organization cause | Louisville, KY | $7K | 2022 |
| Uspirituscenterstone Foundationassist with organization cause | Louisville, KY | $6K | 2022 |
| Wayside Christian Missionassist with organization cause | Louisville, KY | $6K | 2022 |
| Good News Shelter Corpassist with organization cause | La Grange, KY | $4K | 2022 |
| Whas Crusade For Childrenassist with organization cause | Louisville, KY | $4K | 2022 |
| Tri-County Community Action Agencyassist with organization cause | La Grange, KY | $4K | 2022 |
| Cabbage Patch Settlement Houseassist with organization cause | Louisville, KY | $3K | 2022 |
| Casaassist with organization cause | Lagrange, KY | $3K | 2022 |
| Ymca Share The Care Fund Oldham Coassist with organization cause | Buckner, KY | $3K | 2022 |
| The De Paul Schoolassist with organization cause | Louisville, KY | $3K | 2022 |
| South Oldham Inter-Church Councilassist with organization cause | Crestwood, KY | $3K | 2022 |
| Oldham County 4-H Councilassist with organization cause | La Grange, KY | $3K | 2022 |
| Pillarassist with organization cause | Crestwood, KY | $3K | 2022 |