Crescent Hill Family Foundation Inc

Private foundation · Grantmaker Louisville, KY EIN: 88-1679332

Crescent Hill Family Foundation Inc is a private foundation, based in Louisville, KY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $19.3M in total assets. In 2024, it awarded 5 grants totaling $1.3M. Net investment income was $1.4M.

Key facts about Crescent Hill Family Foundation Inc

In short: Crescent Hill Family Foundation Inc gave $1.3M across 5 grants in 2024 (avg $252K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.

EIN
88-1679332
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,260,500
Grants made (2024)
5
Average grant
$252,100
Median grant
$190,500
Total assets
$19,335,377
Primary geography
Kentucky (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.3M

+0.4% YoY

Annual Giving

$1.3M

+2.1% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$252K

-38.7% YoY

Under IRS private-foundation payout rules, Crescent Hill Family Foundation Inc reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

How Crescent Hill Family Foundation Inc gives

  • In 2024 it paid out 99% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

Louisville

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M2 grants2022 3 grants2023 5 grants2024

From 2022 to 2024, annual grant giving ranged from $650K (2022) to $1.3M (2024). In 2024 it made 5 grants totaling $1.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Community Foundation of Louisville: $500KCommunity Foundation ofLouisville$500KLouisville Free Public Library Foundation: $500KLouisville Free Public LibraryFoundation$500KCatholic Charities of Louisville: $191KCatholic Charities ofLouisville$191KNazareth Homes Foundation: $50KNazareth Homes Foundation$50KCave Hill Heritage Foundation: $20KCave Hill Heritage Foundation$20K

The largest 2024 recipient was Community Foundation of Louisville ($500K). Together the top 5 received $1.3M.

Grant Size Distribution

10 grants across all recorded years

1<$50K2$50–100K2$100–250K2$250–500K3$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 3 grants of 10 (30%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Foundation of Louisville Louisville, KYSusan Jones Fund$500,000
Louisville Free Public Library Foundation Louisville, KYPurchase and distribution of books to children and their families$500,000
Catholic Charities of Louisville Louisville, KYPurchase of Farmland for Common Earth Gardens Project$190,500
Nazareth Homes Foundation Louisville, KYSandra King Excellence and Education Scholarship Program$50,000
Cave Hill Heritage Foundation Louisville, KYRestoration of historical monuments and buildings and preservation of the arboretum at cave hill cemetery$20,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M2022 2023 2024
Metric202420232022
Total Assets$19,335,377$19,249,945$19,896,640
Revenue$1,596,968$806,366$23,181,108
Expenses$2,508,502$1,471,949$741,181
Qualifying Distributions$1,260,500$1,238,500$660,039
Net Investment Income$1,369,257$555,892$190,694
Distributable Amount$1,270,589$1,142,390$557,948

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Crescent Hill Family Foundation Inc is led by Susan Jones, President on every filing since 2022; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Susan Jones

    President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bryan K. Johnson

    Vice President

    Secretary → Vice President, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Daniel H. Jones

    Vice President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sara Kelley

    Treasurer

    Vice President → Treasurer, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Laura Forbes

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: David P. Wessel (2022) — Treasurer

Data from IRS Form 990 filings, 2022–2024. "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 Crescent Hill Family Foundation Inc

How much does Crescent Hill Family Foundation Inc give each year?

Crescent Hill Family Foundation Inc gave $1.3M across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 3 grants.

What is Crescent Hill Family Foundation Inc's typical grant size?

Crescent Hill Family Foundation Inc's median grant in 2024 was $190,500, and its average grant was $252,100, across 5 grants on its 2024 IRS Form 990-PF.

Where does Crescent Hill Family Foundation Inc give grants?

Crescent Hill Family Foundation Inc gives mostly in Kentucky: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (5 grants).

Does Crescent Hill Family Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Crescent Hill Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are Crescent Hill Family Foundation Inc's largest grantees?

Crescent Hill Family Foundation Inc's largest 2024 grantees include Community Foundation of Louisville ($500,000), Louisville Free Public Library Foundation ($500,000) and Catholic Charities of Louisville ($190,500), according to its 2024 IRS Form 990-PF. Together they received 94% of its itemized 2024 grant dollars.

How large is Crescent Hill Family Foundation Inc?

Crescent Hill Family Foundation Inc reported $19.3M in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.3M (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.

What is Crescent Hill Family Foundation Inc's EIN?

Crescent Hill Family Foundation Inc's EIN (Employer Identification Number) is 88-1679332. IRS Form 990 filing data is available on this page for 2022–2024.

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

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