Brite Charitable Tr

LOUISVILLE, KY EIN: 82-6704007

Brite Charitable Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $213K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$213K

-0.3% YoY

Annual Giving

$12K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

+0.0% YoY

Under IRS private-foundation payout rules, Brite Charitable Tr reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Brite Charitable Tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Brite Charitable Tr?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $50K (100%)

States

Kentucky

Cities

Bowling Green

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$212,699	$213,367	$222,273
Revenue	$15,783	$7,130	$4,740
Expenses	$16,452	$16,032	$17,428
Qualifying Distributions	$13,418	$13,336	$13,324
Net Investment Income	$12,817	$4,317	$3,665
Distributable Amount	$23,330	$16,550	$15,961

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Burton Memorial Baptist Church ($12,452).

Recipient	Purpose	Amount
BURTON MEMORIAL BAPTIST CHURCH BOWLING GREEN, KY	GENERAL CHARITABLE	$12,452

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BAIRD TRUST COMPANY	TRUSTEE	2	$2,864

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Brite Charitable Tr?

Brite Charitable Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $213K in total assets as of 2024.

How large is Brite Charitable Tr?

As of 2024, Brite Charitable Tr holds $213K in total assets with $16K in annual revenue. It awarded 1 grants totaling $12K in 2024.

Where does Brite Charitable Tr operate?

Brite Charitable Tr has awarded grants in Kentucky.

What size grants does Brite Charitable Tr award?

In 2024, Brite Charitable Tr awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Brite Charitable Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Brite Charitable Tr reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.