Frank W Sower Community Trust
Frank W Sower Community Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $709K in total assets. In 2024, it awarded 9 grants totaling $127K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$709K
-19.1% YoY
Annual Giving
$127K
+323.3% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$14K
+229.3% YoY
Under IRS private-foundation payout rules, Frank W Sower Community Trust reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank W Sower Community Trust
Based on IRS filings
Frank W Sower Community Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $709K in total assets. In 2024, it awarded 9 grants totaling $127K. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $709,087 | $876,727 | $876,727 |
| Revenue | $-10,968 | $36,900 | $38,220 |
| Expenses | $130,844 | $33,910 | $185,910 |
| Qualifying Distributions | $128,922 | $31,955 | $183,955 |
| Net Investment Income | $12,464 | $34,945 | $110,947 |
| Distributable Amount | $34,642 | $34,243 | $46,904 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Frankfort Independent School ($75,000), Frankfort Access Soup Kitchen and Mens Shelter ($15,000), Capital City Lodge FOP ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Frankfort Access Soup Kitchen and Mens Shelter Frankfort, KY | food and shelter to homeless | $15,000 |
| Capital City Lodge FOP Frankfort, KY | toys for children at Christmas | $10,000 |
| Capital City Sr Activity Center Frankfort, KY | aid senior citizens | $5,000 |
| United Way of the Bluegrass Lexington, KY | various charities served | $1,000 |
| Corpus Christi Classical Academy Shelbyville, KY | school | $10,000 |
| Good Shepherd School Frankfort, KY | school | $4,000 |
| St Vincent de Paul Society Frankfort, KY | serves poor of community | $3,000 |
| St Francis de Sales Church Georgetown, KY | sacerdotal | $4,000 |
| Frankfort Independent School Frankfort, KY | school | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Frank W Sower Jr | Co-Trustee | 2 | $922 |
| John R Sower | Co-Trustee | 2 | $922 |
| Phyllis A Sower | Admr | 3 | $2,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frank W Sower Community Trust?
Frank W Sower Community Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, KY. It holds $709K in total assets as of 2024.
How large is Frank W Sower Community Trust?
As of 2024, Frank W Sower Community Trust holds $709K in total assets with $-10,968 in annual revenue. It awarded 9 grants totaling $127K in 2024.
Where does Frank W Sower Community Trust operate?
Frank W Sower Community Trust has awarded grants in Kentucky.
What size grants does Frank W Sower Community Trust award?
In 2024, Frank W Sower Community Trust awarded 9 grants totaling $127K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Frank W Sower Community Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank W Sower Community Trust reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank W Sower Community Trust's EIN?
Frank W Sower Community Trust's EIN (Employer Identification Number) is 61-6272488. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.