First Savings Charitable Foundation

JEFFERSONVILLE, IN EIN: 26-3464829

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

-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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $714K (60%)

Indiana $475K (40%)

States

Indiana Kentucky

Cities

CorydonEvansvilleIndianapolisLouisvilleMarengoNew AlbanyOwensboroSellersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.