Acree Foundation

Private foundation · Grantmaker Louisville, KY EIN: 61-6022239

Acree Foundation is a private foundation, based in Louisville, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $366K in total assets. In 2025, it awarded 2 grants totaling $22K. Net investment income was $14K.

Key facts about Acree Foundation

In short: Acree Foundation gave $22K across 2 grants in 2025 (avg $11K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
61-6022239
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$22,298
Grants made (2025)
2
Average grant
$11,149
Median grant
$11,149
Total assets
$366,295
Primary geography
Kentucky (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$366K

+5.4% YoY

Annual Giving

$22K

+7.4% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$11K

+61.1% YoY

Under IRS private-foundation payout rules, Acree Foundation reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.

How Acree Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−13%). Method
  • In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Acree Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

LouisvilleGeorgetown

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $21K (2024) to $26K (2022). In 2025 it made 2 grants totaling $22K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Adventure Christian Church: $11KAdventure Christian Church$11KLouisville Central Community Center: $11KLouisville Central CommunityCenter$11K

The largest 2025 recipient was Adventure Christian Church ($11K). Together the top 2 received $22K.

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Adventure Christian Church Louisville, KYGeneral Support$11,149
Louisville Central Community Center Louisville, KYGeneral Support$11,149

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$366,295$347,595$354,734
Revenue$48,266$19,957$25,799
Expenses$29,566$27,096$28,014
Qualifying Distributions$22,298$20,761$22,407
Net Investment Income$14,002$16,591$8,065
Distributable Amount$23,486$22,297$20,761

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 7, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 24, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Acree Foundation's only listed officer is Central Bank, Trustee on every filing since 2020 (uncompensated).

Officers on the 2025 filing

  • Central Bank

    Trustee

    On filings since 2020

    $4K (2020) → $0 (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Central Bank — Trustee: $5KCentral BankTrustee$5K

The highest reported compensation on the 2024 filing was $5K, to Central Bank (Trustee).

Frequently asked questions about Acree Foundation

How much does Acree Foundation give each year?

Acree Foundation gave $22K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $21K across 3 grants.

How large is Acree Foundation?

Acree Foundation reported $366K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Acree Foundation operate?

Acree Foundation has awarded grants in Kentucky.

What is Acree Foundation's EIN?

Acree Foundation's EIN (Employer Identification Number) is 61-6022239. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Acree Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Acree Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

The Community Foundation of Louisville Depository Inc

Louisville, KY

The Community Foundation of Louisville supports a broad range of causes, including arts, parks, education, social services, and libraries, with most 2025 grant dollars going to Kentucky organizations. Its 2025 grants had a median of $15,200 and ranged from $5,100 to over $2.3 million; the available information does not say whether it accepts unsolicited requests.

Assets

$24.0M

Grants

421

Total Given

$20.5M

The Community Foundation of Louisville Inc

Louisville, KY

The Community Foundation of Louisville funds nonprofits across areas including education, arts and culture, health, and community development, with a focus on Louisville and surrounding communities while also supporting work beyond the region. Its 2025 grants ranged from $5,012 to $3,853,691, with a median of $22,987; it states that grant programs for local nonprofits use an open application and review process.

Philanthropy, Voluntarism & Grantmaking

Assets

$766.9M

Grants

678

Total Given

$55.0M

Metro United Way Inc

Louisville, KY

Metro United Way funds programs focused on children’s development and education, household stability, and equitable opportunity, including basic services. Its grants serve seven counties in Kentucky and Indiana; in 2025, awards ranged from $5,337 to $1 million, with a median of $15,000. Whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$46.4M

Grants

124

Total Given

$5.1M

Cralle Foundation Inc

Simpsonville, KY

The Cralle Foundation supports a broad range of charitable organizations, including those focused on human services, family support, recovery, disability services, parks, and animal welfare. In 2024, grants ranged from $400 to $10,500, with a median of $5,000, and went primarily to Kentucky organizations. It accepts requests by application; applicants are instructed to request one from the foundation.

Assets

$9.4M

Grants

99

Total Given

$665K

The Norton Foundation Inc

Louisville, KY

The Norton Foundation primarily supports education in Louisville, especially hands-on learning and creative participation, while also funding local organizations in areas such as food assistance, parks, arts, and family services. Its grant program lists awards of $5,000–$100,000; in 2024, grants ranged from $2,500 to $70,000, with a median of $17,500. It accepts applications from eligible Louisville 501(c)(3) public charities, with quarterly deadlines.

Assets

$10.0M

Grants

30

Total Given

$748K

Association of Community Ministries Inc

Louisville, KY

Association of Community Ministries funds its 13 member organizations, which provide emergency and other neighborhood services such as food, rent and utility assistance across Metro Louisville. In 2024, its grants ranged from $60,620 to $119,423, with a median of $103,050. It does not describe an application process for outside organizations.

Religion Related

Assets

$386K

Grants

13

Total Given

$1.3M

Eula Mae and John Baugh Foundation

San Antonio, TX

The foundation supports progressive, inclusive nonprofits focused on social justice, affirming faith communities, basic needs, education, journalism, and arts and enrichment, mainly in the United States, with limited international funding. Most grants are $5,000–$100,000 (new grantees often receive $5,000–$20,000); applications begin with an eligibility check and letter of intent, but the profile does not state whether unsolicited requests are accepted.

Assets

$259.2M

Grants

83

Total Given

$14.9M

V V Cooke Foundation Corporation

Louisville, KY

V V Cooke Foundation Corporation supports 501(c)(3) nonprofits doing religious, educational, civic, or humanitarian work, primarily in the Louisville area and elsewhere in Kentucky. Recent grants ranged from $250 to $20,000, with a median of $2,500. It accepts applications, with deadlines in mid-January, April, July, and October.

Assets

$7.4M

Grants

91

Total Given

$378K

INA B Bond Ashbourne Charitable Fund Inc

Louisville, KY

The Ina B Bond Ashbourne Charitable Fund supported varied charitable organizations, primarily in Kentucky, with some grants in Florida and Tennessee. In 2024, its 10 grants totaled $3.75 million, ranging from $10,000 to $1.45 million; it gave only to preselected organizations and did not accept unsolicited requests. The fund filed a final return in 2024 and transferred all its assets.

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

10

Total Given

$3.8M

Brown-Forman Foundation

Louisville, KY

The Brown-Forman Foundation funds arts and culture, lifelong learning, and community well-being, with a strong focus on Louisville and grants going to Kentucky organizations. Recent grants ranged from $25,000 to $1 million, with a median of $80,000. Its materials are mixed on unsolicited requests: a program listing says it does not accept them, while its guidelines say eligible nonprofits may apply once per fiscal year.

Assets

$111.1M

Grants

56

Total Given

$9.8M

Bonhomme Foundation Inc

Louisville, KY

The Bonhomme Foundation supports charitable organizations working in areas including community services, education, health care, public radio, and Jewish community and religious life, primarily in Kentucky, with some giving in South Carolina. In 2024, it made 11 grants totaling $24,539, ranging from $400 to $7,000. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$134K

Grants

11

Total Given

$25K

McCall Foundation

Louisville, KY

Assets

$1.0M

Grants

2

Total Given

$9K

More Funders in Kentucky

Acree Foundation down — hundreds of funders to go?

Want AI to do this for you?