Iron Will Foundation

Foundation · Grantmaker Louisville, KY EIN: 93-6959170

Iron Will Foundation is a private foundation, based in Louisville, KY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 7 grants totaling $563K. Net investment income was $103K.

Key facts about Iron Will Foundation

EIN: 93-6959170
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $562,500
Grants made (2024): 7
Average grant: $80,357
Median grant: $100,000
Total assets: $2,244,034
Primary geography: Indiana (46% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Iron Will Foundation funds

By grant dollars, the top recipient states for Iron Will Foundation's 7 itemized 2024 grants were Indiana (46%), Illinois (36%) and Pennsylvania (18%). The most frequent recipient cities were Georgetown, IN (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Iron Will Foundation gives

In 2024 it paid out 466% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Iron Will Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-16.9% YoY

Annual Giving

$563K

+87.5% YoY

Grant Count

+133.3% YoY

Avg Grant Size

$80K

-19.6% YoY

Under IRS private-foundation payout rules, Iron Will Foundation reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.

About Iron Will Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $258K (46%)

Illinois $200K (36%)

Pennsylvania $100K (18%)

Florida $5K (1%)

Share of all 7 itemized 2024 grant dollars.

States

Florida Illinois Indiana Pennsylvania Tennessee

Cities

GeorgetownOrland ParkSewickleyClearwaterNashvilleNew AlbanyTennyson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$2,244,034	$2,700,000
Revenue	$112,316	$3,006,810
Expenses	$575,092	$300,000
Qualifying Distributions	$565,642	$300,000
Net Investment Income	$102,866	$6,810
Distributable Amount	$121,504	$163

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2023–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Beverly Bandits ($200,000), A01 Foundation Inc ($100,000), Love First Love Big Inc ($100,000).

Recipient	Purpose	Amount
BEVERLY BANDITS Orland Park, IL	GENERAL SUPPORT	$200,000
A01 FOUNDATION INC Sewickley, PA	GENERAL SUPPORT	$100,000
LOVE FIRST LOVE BIG INC Tennyson, IN	GENERAL SUPPORT	$100,000
NORTHSIDE CHRISTIAN CHURCH New Albany, IN	GENERAL SUPPORT	$100,000
FLOYD CENTRAL HIGHLANDERS SOFTBALL BOOSTER CLUB INC Georgetown, IN	GENERAL SUPPORT	$50,000
812 MX MINISTRY Georgetown, IN	GENERAL SUPPORT	$7,500
CLEARWATER FOR YOUTH INC Clearwater, FL	GENERAL SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Baird Trust Company	Trustee	1	—
Stock Yards Bank Trust CO	Trustee	1	—

Frequently Asked Questions

How large is Iron Will Foundation?

As of 2024, Iron Will Foundation holds $2.2M in total assets with $112K in annual revenue. It awarded 7 grants totaling $563K in 2024.

Where does Iron Will Foundation operate?

Iron Will Foundation has awarded grants in Florida, Illinois, Indiana, Pennsylvania, Tennessee.

What size grants does Iron Will Foundation award?

In 2024, Iron Will Foundation awarded 7 grants totaling $563K — an average of about $80K per grant, based on its IRS Form 990 filings.

How much is Iron Will Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Iron Will Foundation reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.