Elsa M Heisel Sule Charitable Trust 2005

FT MITCHELL, KY EIN: 20-7277661

The Elsa M Heisel Sule Charitable Trust 2005 is a private foundation established in 2011 and based in Fort Mitchell, Kentucky. The foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.5M

+7.7% YoY

Annual Giving

$931K

+12.2% YoY

Grant Count

97

-3.0% YoY

Avg Grant Size

$10K

+15.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary purpose is to support scholarships and provide funding to accomplish stated charitable goals. The foundation maintains relationships with three key program areas:

  • University of Cincinnati Foundation (Cincinnati, Ohio)
  • Madison Avenue Christian Church (Covington, Kentucky)
  • Potter's Ranch (Union, Kentucky)

Recent grant activity indicates funding interests across multiple sectors including nonprofit human services, poverty alleviation, youth development, special education, and animal welfare.

Grantmaking

The foundation is an active grantmaker with significant annual distribution activity. In 2024, the foundation made 88 grants totaling $930,535 in giving. Recent grant recipients and amounts include:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Kentucky and Ohio, with particular concentration in the Cincinnati and Northern Kentucky regions.

Grant Distribution by State

6states

Cities

ArlingtonBlue AshBromleyBurlingtonCaliforniaCarrolltonCincinnatiClarksvilleColumbusCovingtonDaytonFlorenceFort MitchellFt MitchellFtmitchellHamiltonHighland HeightsIndependenceLexingtonLiberty Township

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $25,499,249
  • Total Revenues: $1,165,027
  • Total Expenses: $1,427,491
  • Total Giving: $930,535

As of 2023:

  • Total Assets: $23.7 million
  • Total Revenues: $630,000
  • Total Expenses: $1.3 million

The foundation maintains no employees and operates with significant financial capacity for grantmaking.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$393K$785K$1M$2M20202021202220232024
Metric202420232022
Total Assets$25,499,249$23,680,220$24,051,059
Revenue$1,165,027$629,913$687,979
Expenses$1,427,491$1,295,829$1,414,641
Qualifying Distributions$1,269,142$1,164,609$1,251,818
Net Investment Income$1,009,884$610,916$596,987
Distributable Amount$1,227,535$1,144,436$1,226,876

Giving Over Time

Total grant dollars and number of grants per year

$0$238K$475K$713K$950K98 grants20200 grants2021105 grants2022100 grants202397 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UC FOUNDATION$80KNORTHERN KENTUCKY UNIVER…$43KGUIDING LIGHT MENTORING$26KMAGNIFIED GIVING$20KMAY WE HELP$20KMASTER PROVISIONS$17KCHILDREN'S HUNGER ALLIANCE$15KCITYLINK CENTER$15KFAITH COMMUNITY PHARMACY…$15KEMERGENCY SHELTER OF NKY$12K

Grant Size Distribution

200 grants across all recorded years

199<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Elsa M Heisel Sule Charitable Trust 2005

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RUTH KLETTETrustee$249KJORDAN KLETTE-CUSHERFoundation Mgr.$72K

From 2024 filing

NameTitleHoursCompensation
RUTH KLETTETrustee50$249,488
JORDAN KLETTE-CUSHERFoundation Mgr.40$72,000

Recent News & Activity

Recent developments and announcements

The foundation has demonstrated consistent grant activity in recent years, with notable grants supporting workforce development, animal welfare, arts programming, and services for individuals with visual impairments. The foundation's grantmaking reflects a diverse portfolio of community-focused initiatives across education, human services, and specialized support programs.

Press release: Elsa Heisel Sule Foundation Grant supports rural animal shelter

Contact Information

Address: 334 Beechwood Road, Suite 550, Fort Mitchell, KY 41017-1645

Telephone: 859-344-9966

EIN: 20-7277661

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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