//
Wo And Lois Newell Charitable Trust is a private trust based in SOMERSET, KY. The foundation received its IRS ruling in 2010. The principal officer is % Cumberland Security Bank. It holds total assets of $13.4M. Annual income is reported at $3.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Wo And Lois Newell Charitable Trust has made 65 grants totaling $3.9M, with a median grant of $41K. The foundation has distributed between $702K and $1.7M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 26 grants. Individual grants have ranged from $14K to $207K, with an average award of $60K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Wo And Lois Newell Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in KY.
Wo And Lois Newell Charitable Trust has distributed a total of $3.9M across 65 grants. The median grant size is $41K, with an average of $60K. Individual grants have ranged from $14K to $207K.
Wo And Lois Newell Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Wo And Lois Newell Charitable Trust is headquartered in SOMERSET, KY.
Total Giving
$881K
Total Assets
$13.4M
Fair Market Value
$16.1M
Net Worth
$13.4M
Grants Paid
$765K
Contributions
$0
Net Investment Income
$498K
Distribution Amount
$748K
Total: $12M
Total Grants
65
Total Giving
$3.9M
Average Grant
$60K
Median Grant
$41K
Unique Recipients
13
Most Common Grant
$38K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyPER DONEE'S GENERAL PURPOSE | Lexington, KY | $54K | 2023 |
| Grace Baptist ChurchPER DONEE'S GENERAL PURPOSE | Somerset, KY | $191K | 2023 |
| Clear Creek Baptist Bible CollegePER DONEE'S GENERAL PURPOSE | Pineville, KY | $77K | 2023 |
| University Of The CumberlandsPER DONEE'S GENERAL PURPOSE | Williamsburg, KY | $77K | 2023 |
| Sunrise Children'S ServicesPER DONEE'S GENERAL PURPOSE | Mount Washington, KY |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $77K |
| 2023 |
| Oneida Baptist InstitutePER DONEE'S GENERAL PURPOSE | Oneida, KY | $77K | 2023 |
| Berea CollegePER DONEE'S GENERAL PURPOSE | Berea, KY | $38K | 2023 |
| Somerset Community CollegePER DONEE'S GENERAL PURPOSE | Somerset, KY | $38K | 2023 |
| Southern SeminaryPER DONEE'S GENERAL PURPOSE | Louisville, KY | $38K | 2023 |
| Masonic Home Of LouisvillePER DONEE'S GENERAL PURPOSE | Masonic Home, KY | $38K | 2023 |
| Bronston Baptist ChurchPER DONEE'S GENERAL PURPOSE | Bronston, KY | $23K | 2023 |
| Tateville Baptist ChurchPER DONEE'S GENERAL PURPOSE | Burnside, KY | $23K | 2023 |
| Burnside Masonic LodgePER DONEE'S GENERAL PURPOSE | Burnside, KY | $15K | 2023 |
© 2026 Granted AI