Frances N Alden Charitable Tr
Frances N Alden Charitable Tr is a private foundation based in Louisville, Kentucky. In 2025, it reported $4,900,900 in grants to 23 organizations, with 94% of grant dollars going to recipients in Kentucky.
Key facts about Frances N Alden Charitable Tr
In short: Frances N Alden Charitable Tr gave $4.9M across 23 grants in 2025 (avg $213K), mostly in Kentucky. 35% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 86-6493305
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $4,900,900
- Grants made (2025)
- 23
- Average grant
- $213,083
- Median grant
- $120,000
- New grantees (estimate)
- 35% first-time grantees (8 of 23, 2025; small sample)
- Total assets
- $45,500,766
- Primary geography
- Kentucky (94% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$45.5M
+1.5% YoY
Annual Giving
$4.9M
-0.3% YoY
Grant Count
23
+43.8% YoY
Avg Grant Size
$213K
-30.6% YoY
Under IRS private-foundation payout rules, Frances N Alden Charitable Tr reported a distributable amount of $3.0M for 2025 — the minimum it must pay out in qualifying distributions.
Is Frances N Alden Charitable Tr open to new grantees?
35%
first-time grantees, 2025
In 2025, 8 of 23 grantees (35%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $104K; repeat grants $271K. How we count
Medians: $63K first-time, $150K repeat.
- 65% of 2025 grantees were also funded in 2024. Method
- Giving grew 294% from 2022 to 2025. Method
- In 2025 it paid out 165% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied missions. Historic Locust Grove says it works to preserve, restore, and operate Locust Grove, a National Historic Landmark. Hosparus says its mission is to meet the physical, psychological, social, and spiritual needs of terminally ill people and their families, regardless of ability to pay. Family Scholar House says it supports single parents and young adults formerly in foster care in obtaining post-secondary education leading to a livable wage. The Fund for the Arts describes its work as contributing to the health of the arts community and a vibrant community where everyone belongs.
Other 2025 recipients included a public library foundation, a university foundation, an art museum, a botanical garden, and organizations serving children and families. The listed grant purposes include enhancing library programs, grief-counseling services, and preserving a national landmark.
Grantmaking
In 2025, the foundation reported 23 grants totaling $4,900,900. Grants ranged from $1,000 to $1,500,000, with a median grant of $120,000. The largest grants included $1,500,000 to Home of the Innocents; $500,000 to the Louisville Free Public Library Foundation; $435,900 to Historic Locust Grove; and $300,000 each to the University of Louisville Foundation and Speed Art Museum.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Frances N Alden Charitable Tr?
Geographic Focus
Where this funder awards grants
In 2025, 94% of grant dollars went to recipients in Kentucky, 5% to Georgia, and 1% to Indiana. Louisville organizations were among the listed recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $1.2M (2022) to $4.9M (2024). In 2025 it made 23 grants totaling $4.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Home of the Innocents ($1.5M). Together the top 10 received $4.1M.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was in the $100–250K range: 19 grants of 55 (35%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Home of the Innocents Louisville, KY | Empower and Enrich Lives of | $1,500,000 |
| Louisville Free Public Library Fdn Louisville, KY | Enhance Library's Programs | $500,000 |
| Historic Locust Grove Inc Louisville, KY | Preserving a National | $435,900 |
| University of Louisville Foundation Louisville, KY | Charitable | $300,000 |
| Speed Art Museum Louisville, KY | Charitable | $300,000 |
| Hosparus inc Louisville, KY | Grief- Counseling Services | $250,000 |
| Neuroplasticity Alliance Sandy Springs, GA | Charitable | $250,000 |
| Kids Center for Pediatric Therapies Louisville, KY | Charitable | $200,000 |
| Olmsted Parks Conservancy Louisville, KY | Restoring and Protecting | $200,000 |
| Fund for the Arts Inc Louisville, KY | Charitable | $150,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $45,500,766 | $5,796,172 | $5,119,851 | $4,900,900 |
| 2024 | $44,839,658 | $2,496,757 | $5,080,475 | $4,914,000 |
| 2023 | $46,992,038 | $1,683,915 | $2,781,455 | $2,175,000 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $45,500,766 | $44,839,658 | $46,992,038 |
| Revenue | $5,796,172 | $2,496,757 | $1,683,915 |
| Expenses | $5,119,851 | $5,080,475 | $2,781,455 |
| Qualifying Distributions | $4,938,741 | $4,949,673 | $2,206,140 |
| Net Investment Income | $4,763,622 | $2,136,684 | $1,522,432 |
| Distributable Amount | $2,990,656 | $2,797,202 | $2,485,358 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Frances N Alden Charitable Tr's only listed officer is Baird Trust Company, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Baird Trust Company
Trustee
On filings since 2021
1 hr/week
$1K (2021) → $150K (2025)
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $150K, to Baird Trust Company (Trustee).
Contact
Mailing address: P O Box 32760, Louisville, KY 40232-2760
Phone: (502) 588-8497
Frequently asked questions about Frances N Alden Charitable Tr
How much does Frances N Alden Charitable Tr give each year?
Frances N Alden Charitable Tr gave $4.9M across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.9M across 16 grants.
What is Frances N Alden Charitable Tr's typical grant size?
Frances N Alden Charitable Tr's median grant in 2025 was $120,000, and its average grant was $213,083, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Frances N Alden Charitable Tr that year got $104K on average.
Where does Frances N Alden Charitable Tr give grants?
Frances N Alden Charitable Tr gives mostly in Kentucky: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Georgia (5%). The most frequent recipient cities were Louisville, KY (20 grants).
Does Frances N Alden Charitable Tr give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on Frances N Alden Charitable Tr's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (14 grants).
Who are Frances N Alden Charitable Tr's largest grantees?
Frances N Alden Charitable Tr's largest 2025 grantees include Home of the Innocents ($1,500,000), Louisville Free Public Library Fdn ($500,000) and Historic Locust Grove Inc ($435,900), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.
How large is Frances N Alden Charitable Tr?
Frances N Alden Charitable Tr reported $45.5M in total assets on its 2025 IRS Form 990-PF. It paid out $4.9M in qualifying distributions that year, against a required minimum of $3.0M (roughly 5% of its investment assets).
What does Frances N Alden Charitable Tr fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied missions. Historic Locust Grove says it works to preserve, restore, and operate Locust Grove, a National Historic Landmark. See mission & focus areas ↑
How do I apply for a grant from Frances N Alden Charitable Tr?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2021–2025.
Does Frances N Alden Charitable Tr accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Frances N Alden Charitable Tr by hand.
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