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
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
**
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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
No grants recorded for .
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\Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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