Elmo G Herron Trust Under Will

Foundation · Grantmaker Lexington, KY EIN: 61-6289625

Elmo G Herron Trust Under Will is a private foundation, based in Lexington, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $478K in total assets. In 2024, it awarded 1 grant totaling $27K. Net investment income was $30K.

Key facts about Elmo G Herron Trust Under Will

EIN: 61-6289625
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $27,485
Grants made (2024): 1
Average grant: $27,485
Median grant: $27,485
Total assets: $478,237
Primary geography: Kentucky (100% of itemized 2024 grant dollars)

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

How Elmo G Herron Trust Under Will gives

Giving held roughly steady from 2021 to 2024 (−8%). Method
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.

Next steps with Elmo G Herron Trust Under Will

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$478K

+0.2% YoY

Annual Giving

$27K

-5.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$27K

-5.8% YoY

Under IRS private-foundation payout rules, Elmo G Herron Trust Under Will reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.

About Elmo G Herron Trust Under Will

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $27K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Kentucky

Cities

Madisonville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$478,237	$477,466	$513,890
Revenue	$37,451	$1,676	$1,412
Expenses	$36,725	$38,248	$40,490
Qualifying Distributions	$28,885	$30,517	$34,582
Net Investment Income	$29,771	$8,576	$9,437
Distributable Amount	$29,153	$27,485	$29,192

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Hopkins County Humane Society ($27,485).

Recipient	Purpose	Amount
HOPKINS COUNTY HUMANE SOCIETY Madisonville, KY	CHARITABLE & EDUCATIONAL	$27,485

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Central Bank Trust	Trustee	1	$7,484

Frequently Asked Questions

How large is Elmo G Herron Trust Under Will?

As of 2024, Elmo G Herron Trust Under Will holds $478K in total assets with $37K in annual revenue. It awarded 1 grant totaling $27K in 2024.

Where does Elmo G Herron Trust Under Will operate?

Elmo G Herron Trust Under Will has awarded grants in Kentucky.

What size grants does Elmo G Herron Trust Under Will award?

In 2024, Elmo G Herron Trust Under Will awarded 1 grant totaling $27K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Elmo G Herron Trust Under Will required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elmo G Herron Trust Under Will reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elmo G Herron Trust Under Will's EIN?

Elmo G Herron Trust Under Will's EIN (Employer Identification Number) is 61-6289625. IRS Form 990 filing data is available on this page for 2020–2024.