Frances N Alden Charitable Tr
The Frances N Alden Charitable Trust is a private foundation based in Louisville, Kentucky, designated as a 501(c)(3) organization. The trust was established in 2021 and operates with a single employee. It functions as a grantmaking foundation supporting various charitable causes primarily in Kentucky and surrounding regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.8M
-4.6% YoY
Annual Giving
$4.9M
+125.9% YoY
Grant Count
16
+100.0% YoY
Avg Grant Size
$307K
+13.0% YoY
Under IRS private-foundation payout rules, Frances N Alden Charitable Tr reported a distributable amount of $2.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust's primary funding focuses include:
- Scholarships
- Restoration and protection of national landmarks
- Grief-counseling services
- Support for at-risk individuals
- Library program enhancement
- Arts and culture initiatives
- Human services
Grantmaking
The trust does not accept unsolicited applications.
Grant Range
$125,000
How to Apply
**
Ready to take the next step with Frances N Alden Charitable Tr?
Geographic Focus
Where this funder awards grants
The trust primarily funds organizations in Kentucky, with a particular emphasis on Louisville. It also has made grants to organizations in Virginia and Indiana.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $44,839,658
- Total revenue: $2,496,757
- Total expenses: $5,080,475
- Total liabilities: $0
Historical Assets:
- 2023: $48,500,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,839,658 | $46,992,038 | $48,527,311 |
| Revenue | $2,496,757 | $1,683,915 | $69,747,197 |
| Expenses | $5,080,475 | $2,781,455 | $1,367,707 |
| Qualifying Distributions | $4,949,673 | $2,206,140 | $1,268,042 |
| Net Investment Income | $2,136,684 | $1,522,432 | $16,227,036 |
| Distributable Amount | $2,797,202 | $2,485,358 | $2,129,865 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Home of the Innocents ($1,500,000), Hosparus inc ($500,000), Louisville Free Public Library Fdn ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HORSESENING Shelbyville, KY | CHARITABLE | $25,000 |
| COMMUNITY FOUNDATION OF LOUISVILLE Louisville, KY | EMPOWER AND MAKING | $400,000 |
| DOGS HELPING HEROES INC Clarksville, IN | CHARITABLE | $25,000 |
| HILDEGARD HOUSE LOUISVILLE, KY | CHARITABLE | $150,000 |
| Childrens Hospital Foundation Richmond, VA | CHARITABLE | $100,000 |
| SPEED ART MUSEUM Louisville, KY | CHARITABLE | $300,000 |
| HOME OF THE INNOCENTS Louisville, KY | EMPOWER AND ENRICH LIVES OF | $1,500,000 |
| LOUISVILLE COLLEGIATE SCHOOL Louisville, KY | SCHOLARSHIP | $210,000 |
| CABBAGE PATCH SETTLEMENT HOUSE Louisville, KY | EQUIP AND EMPOWER AT-RISK | $204,000 |
| Fund for the Arts Inc Louisville, KY | CHARITABLE | $250,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Mark K Nickel: Trustee (as of May 2024)
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The trust has demonstrated increased grantmaking activity in 2024, with total giving of $4,914,000 compared to $1,200,000 in 2023. Recent grants reflect a commitment to major Louisville institutions and social services, including significant support for youth services through Home of the Innocents and cultural institutions through the Speed Art Museum and Waterfront Botanical Gardens.
Allegheny College Receives $150,000 Grant\_From The Alden Trust To Support\Frequently Asked Questions
What does Frances N Alden Charitable Tr fund?
The trust's primary funding focuses include: • Scholarships • Restoration and protection of national landmarks • Grief-counseling services • Support for at-risk individuals • Library program enhancement • Arts and culture initiatives • Human services
How do I apply for a grant from Frances N Alden Charitable Tr?
**Grant Activity:** • Total giving in 2024: $4,914,000 • Total giving in 2023: $1,200,000 • Number of grants (2024): 8 grants • Median grant size: $125,000 • Grant range: $25,000 to $1,500,000 **Recent Grant Recipients (2024):** • Home of the Innocents: $1,500,000 (empower and enrich lives) • Hosparus Health: $500,000 (grief-counseling services) • Louisville Free Public Library Foundation: $500,000 (enhance library programs) **Notable 2023 Recipients:** • Speed Art Museum: $1,000,000 • Waterfro…
Where does Frances N Alden Charitable Tr make grants?
The trust primarily funds organizations in Kentucky, with a particular emphasis on Louisville. It also has made grants to organizations in Virginia and Indiana.
What size grants does Frances N Alden Charitable Tr award?
In 2024, Frances N Alden Charitable Tr awarded 16 grants totaling $4.9M — an average of about $307K per grant, based on its IRS Form 990 filings.
How much is Frances N Alden Charitable Tr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frances N Alden Charitable Tr reported a distributable amount of $2.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frances N Alden Charitable Tr's EIN?
Frances N Alden Charitable Tr's EIN (Employer Identification Number) is 86-6493305. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Frances N Alden Charitable Tr's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Mildred H Dunning Memorial Fund Trust
LEXINGTON, KY
Assets
$4.3M
Grants
3
Total Given
$209K
Sam Swope Family Foundation Inc
PEWEE VALLEY, KY
Assets
$16.5M
Grants
13
Total Given
$1.2M
Julius Friedman Foundation Inc
PROSPECT, KY
Assets
$194K
Grants
1
Total Given
$10K
Pauline C Young Scholarship
LEXINGTON, KY
Assets
—
Grants
0
Total Given
—
Welcome House Inc
COVINGTON, KY
Assets
$15.7M
Grants
1
Total Given
$405K
Tw Hl & Ns Donovan Scholarship
LEXINGTON, KY
Assets
$673K
Grants
2
Total Given
$36K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Frances N Alden Charitable Tr on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Frances N Alden Charitable Tr to a real strategy.