Carl H and Mary C Osbourn Wolford Foundation Inc

Private foundation · Grantmaker New Albany, IN EIN: 35-2110558

Carl H and Mary C Osbourn Wolford Foundation Inc is a private foundation, based in New Albany, IN. IRS filing data is available from 2019 through 2023. As of 2023, the organization holds $820K in total assets. Net investment income was $462K.

Key facts about Carl H and Mary C Osbourn Wolford Foundation Inc

EIN
35-2110558
Latest 990 filing
Form 990-PF, 2023
Total assets
$820,066

Data from IRS Form 990-PF, 2023; updated October 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$820K

+128.8% YoY

Revenue

$472K

+5685.9% YoY

Net Investment Income

$462K

+11550.0% YoY

Expenses

$11K

-82.8% YoY

Under IRS private-foundation payout rules, Carl H and Mary C Osbourn Wolford Foundation Inc reported a distributable amount of $34K for 2023 — the minimum it must pay out in qualifying distributions.

How Carl H and Mary C Osbourn Wolford Foundation Inc gives

  • Giving fell 50% from 2019 to 2022. Method
  • In 2022 it paid out 121% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

LouisvilleNew AblanyBaltimoreIndianapolisNazarethSt Meinrad

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2019 1 grant2020 2 grants2021 3 grants2022 0 grants2023

From 2019 to 2022, annual grant giving ranged from $50K (2022) to $101K (2019). In 2022 it made 3 grants totaling $50K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

8 grants across all recorded years

5<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 8 (63%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2023.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023
Metric202320222021
Total Assets$820,066$358,494$412,774
Revenue$472,301$8,163$83,161
Expenses$10,729$62,443$67,308
Qualifying Distributions—$50,000$55,000
Net Investment Income$461,572$3,962$70,853
Distributable Amount$34,247$41,163$45,781

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
  2. IRS filings on file for fiscal years 2019–2023

Leadership & Key People

Officers and directors from IRS filings

Carl H and Mary C Osbourn Wolford Foundation Inc is led by John S. Lueken, President since 2023 (on filings since 2022); none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • John S. Lueken

    President

    Secretary → President, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kurt D. Kraft Sr.

    Vice President

    Treasurer → Vice President, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Dorothy D. Kraft

    Secretary & Treasurer

    New on the 2023 filing

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Carl H. Wolford (2019–2022) — President
  • Former: Mary C. Osbourn Wolford (2019–2021) — Secretary & Treasurer

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Carl H and Mary C Osbourn Wolford Foundation Inc

How large is Carl H and Mary C Osbourn Wolford Foundation Inc?

Carl H and Mary C Osbourn Wolford Foundation Inc reported $820K in total assets on its 2023 IRS Form 990-PF. Its revenue that year was $472K.

Where does Carl H and Mary C Osbourn Wolford Foundation Inc operate?

Carl H and Mary C Osbourn Wolford Foundation Inc has awarded grants in Indiana, Kentucky, Maryland.

How much is Carl H and Mary C Osbourn Wolford Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Carl H and Mary C Osbourn Wolford Foundation Inc reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carl H and Mary C Osbourn Wolford Foundation Inc's EIN?

Carl H and Mary C Osbourn Wolford Foundation Inc's EIN (Employer Identification Number) is 35-2110558. IRS Form 990 filing data is available on this page for 2019–2023.

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

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