Grace Episcopal Church - Almstedt Fund

Private foundation · Grantmaker Louisville, KY EIN: 61-6094271

Grace Episcopal Church - Almstedt Fund is a private foundation, based in Louisville, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $409K in total assets. In 2025, it awarded 1 grant totaling $24K. Net investment income was $29K.

Grace Episcopal Church - Almstedt Fund at a glance

In short: Grace Episcopal Church - Almstedt Fund gave $24K across 1 grant in 2025 (avg $24K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$23,655
+8.2% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$23,655
+8.2% vs 2024
Median grant
$23,655
Total assets
$409,169
+1.0% vs 2024
Primary geography
Kentucky (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who Grace Episcopal Church - Almstedt Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Grace Episcopal Church: $24KGrace Episcopal Church$24K

The largest 2025 recipient was Grace Episcopal Church ($24K).

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Taylorsville

How Grace Episcopal Church - Almstedt Fund gives

  • Giving held roughly steady from 2022 to 2025 (+16%). Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $20K (2022) to $24K (2025). In 2025 it made 1 grant totaling $24K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Grace Episcopal Church Taylorsville, KYGeneral Support$23,655
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$409,169$32,691$28,514$23,6551$24,297$28,647$21,394
2024$405,020$11,671$26,889$21,8641$22,304$7,465$20,688
2023$420,239$-28,133$32,269$22,0281$22,522$4,985$22,358
2022$480,306$3,051$30,897$20,4481$21,459$7,487$23,039
2021$507,013$204,075$27,245$20,7351—$199,068$21,699

Under IRS private-foundation payout rules, Grace Episcopal Church - Almstedt Fund reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Grace Episcopal Church - Almstedt Fund's only listed officer is First Bankers Trust Company, Trustee on every filing since 2024 (compensated).

Officers on the 2025 filing

  • First Bankers Trust Company

    Trustee

    On filings since 2024

    1 hr/week

    $4K (2024) → $4K (2025)

Former officers (2)
  • Former: PNC Bank (2023) — Trustee
  • Former: PNC Bank N A (2021–2022) — Trustee

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

First Bankers Trust Company — Trustee: $4KFirst Bankers Trust…Trustee$4K

The highest reported compensation on the 2025 filing was $4K, to First Bankers Trust Company (Trustee).

Frequently asked questions about Grace Episcopal Church - Almstedt Fund

How much does Grace Episcopal Church - Almstedt Fund give each year?

Grace Episcopal Church - Almstedt Fund gave $24K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 1 grant.

How large is Grace Episcopal Church - Almstedt Fund?

Grace Episcopal Church - Almstedt Fund reported $409K in total assets on its 2025 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).

Where does Grace Episcopal Church - Almstedt Fund operate?

Grace Episcopal Church - Almstedt Fund has awarded grants in Kentucky.

What is Grace Episcopal Church - Almstedt Fund's EIN?

Grace Episcopal Church - Almstedt Fund's EIN (Employer Identification Number) is 61-6094271. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Grace Episcopal Church - Almstedt Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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