Carl H and Mary C Osbourn Wolford Foundation Inc
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
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
- 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.
Here's the math on researching Carl H and Mary C Osbourn Wolford Foundation Inc by hand.
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