First Savings Charitable Foundation
First Savings Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JEFFERSONVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 6 grants totaling $208K. Net investment income was $224K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.6M
+52.7% YoY
Annual Giving
$208K
-19.6% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$35K
+7.3% YoY
Under IRS private-foundation payout rules, First Savings Charitable Foundation reported a distributable amount of $221K for 2024 — the minimum it must pay out in qualifying distributions.
About First Savings Charitable Foundation
Based on IRS filings
First Savings Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JEFFERSONVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 6 grants totaling $208K. Net investment income was $224K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,595,119 | $3,664,440 | $4,445,648 |
| Revenue | $224,336 | $147,384 | $196,890 |
| Expenses | $219,084 | $264,702 | $288,063 |
| Qualifying Distributions | $208,400 | $259,065 | $278,800 |
| Net Investment Income | $224,336 | $147,384 | $196,890 |
| Distributable Amount | $221,018 | $172,174 | $259,065 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Junior Achievement of Kentuckiana ($86,000), Leadership Southern Indiana ($70,000), Big Brothers Big Sisters of Kentuckiana Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALIGN SOUTHERN INDIANA NEW ALBANY, IN | EDUCATIONAL | $6,000 |
| BIG BROTHERS BIG SISTERS OF KENTUCKIANA INC LOUISVILLE, KY | COMMUNITY ECONOMIC DEVELOPMENT | $25,000 |
| DAVIESS CO CEO OWENSBORO, KY | EDUCATIONAL | $6,500 |
| JUNIOR ACHIEVEMENT OF KENTUCKIANA LOUISVILLE, KY | EDUCATIONALEDUCATIONAL | $86,000 |
| JUNIOR ACHIEVEMENT OF SOUTHWESTERN INDIANA EVANSVILLE, IN | EDUCATIONAL | $14,900 |
| LEADERSHIP SOUTHERN INDIANA SELLERSBURG, IN | EDUCATIONAL | $70,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY W MYERS | PRESIDENT | — | — |
| JOHN P LAWSON JR | TREASURER/SECRETARY | — | — |
| CECILE A BLAU | BOARD MEMBER | — | — |
| RITA HUDSON SHOURDS | BOARD MEMBER | — | — |
| LARRY RICKE | CHAIRMAN | — | — |
| KENT PARISIEN | BOARD MEMBER | — | — |
| TONY A SCHOEN | OFFICER | — | — |
| JACKIE R JOURNELL | OFFICER | — | — |
| CHRISTY KARMIRE | BOARD MEMBER | — | — |
| JACOB JULIUS | BOARD MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Savings Charitable Foundation?
First Savings Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JEFFERSONVILLE, IN. It holds $5.6M in total assets as of 2024.
How large is First Savings Charitable Foundation?
As of 2024, First Savings Charitable Foundation holds $5.6M in total assets with $224K in annual revenue. It awarded 6 grants totaling $208K in 2024.
Where does First Savings Charitable Foundation operate?
First Savings Charitable Foundation has awarded grants in Indiana, Kentucky.
What size grants does First Savings Charitable Foundation award?
In 2024, First Savings Charitable Foundation awarded 6 grants totaling $208K — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is First Savings Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Savings Charitable Foundation reported a distributable amount of $221K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is First Savings Charitable Foundation's EIN?
First Savings Charitable Foundation's EIN (Employer Identification Number) is 26-3464829. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Savings Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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