Delmas Clardy Memorial Unitrust FBO KY Wesleyan

Private foundation · Grantmaker Owensboro, KY EIN: 61-6188401

Delmas Clardy Memorial Unitrust FBO KY Wesleyan is a private foundation focused on Education, based in Owensboro, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grant totaling $111K. Net investment income was $103K.

Key facts about Delmas Clardy Memorial Unitrust FBO KY Wesleyan

In short: Delmas Clardy Memorial Unitrust FBO KY Wesleyan gave $111K across 1 grant in 2025 (avg $111K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
61-6188401
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$111,019
Grants made (2025)
1
Average grant
$111,019
Median grant
$111,019
Total assets
$2,001,508
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

$2.0M

-0.4% YoY

Annual Giving

$111K

+7.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$111K

+7.0% YoY

Under IRS private-foundation payout rules, Delmas Clardy Memorial Unitrust FBO KY Wesleyan reported a distributable amount of $115K for 2025 — the minimum it must pay out in qualifying distributions.

How Delmas Clardy Memorial Unitrust FBO KY Wesleyan gives

  • Giving held roughly steady from 2022 to 2025 (−7%). Method
  • In 2025 it paid out 97% 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 the 2025 grant dollars on its one itemized grant.

States

Cities

Owensboro

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $104K (2024) to $119K (2022). In 2025 it made 1 grant totaling $111K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Kentucky Wesleyan College: $111KKentucky Wesleyan College$111K

The largest 2025 recipient was Kentucky Wesleyan College ($111K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Kentucky Wesleyan College Owensboro, KYTo Provide Scholarships$111,019

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,001,508$2,009,920$1,980,419
Revenue$130,349$157,595$51,209
Expenses$138,761$128,094$130,523
Qualifying Distributions$111,019$103,785$106,998
Net Investment Income$102,607$133,286$39,491
Distributable Amount$114,954$111,019$103,785

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 June 18, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 11, 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 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

Delmas Clardy Memorial Unitrust FBO KY Wesleyan's only listed officer is Independence Bank, Trustee on every filing since 2020 (uncompensated).

Officers on the 2025 filing

  • Independence Bank

    Trustee

    On filings since 2020

    1 hr/week

    $21K (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

Independence Bank — Trustee: $22KIndependence BankTrustee$22K

The highest reported compensation on the 2024 filing was $22K, to Independence Bank (Trustee).

Frequently asked questions about Delmas Clardy Memorial Unitrust FBO KY Wesleyan

How much does Delmas Clardy Memorial Unitrust FBO KY Wesleyan give each year?

Delmas Clardy Memorial Unitrust FBO KY Wesleyan gave $111K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $104K across 1 grant.

How large is Delmas Clardy Memorial Unitrust FBO KY Wesleyan?

Delmas Clardy Memorial Unitrust FBO KY Wesleyan reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $111K in qualifying distributions that year, against a required minimum of $115K (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 Delmas Clardy Memorial Unitrust FBO KY Wesleyan?

Delmas Clardy Memorial Unitrust FBO KY Wesleyan is a private foundation focused on Education, based in Owensboro, KY. It holds $2.0M in total assets as of 2025.

Where does Delmas Clardy Memorial Unitrust FBO KY Wesleyan operate?

Delmas Clardy Memorial Unitrust FBO KY Wesleyan has awarded grants in Kentucky.

What is Delmas Clardy Memorial Unitrust FBO KY Wesleyan's EIN?

Delmas Clardy Memorial Unitrust FBO KY Wesleyan's EIN (Employer Identification Number) is 61-6188401. 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.

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