James Graham Brown Foundation Inc

LOUISVILLE, KY EIN: 61-0724060

The James Graham Brown Foundation is a private foundation established in 1954 and based in Louisville, Kentucky. The foundation was created to carry forward the philanthropic legacy of James Graham Brown, a Louisville hotel owner and holder of vast timberlands. Upon his death in 1969, Mr. Brown willed almost all of his estate to the foundation. The foundation is one of the largest private foundations focused on the Commonwealth of Kentucky and operates with a dedicated staff of seven employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$391.0M

+6.7% YoY

Annual Giving

$14.9M

+18.8% YoY

Grant Count

50

-13.8% YoY

Avg Grant Size

$299K

+37.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to give for higher education, civic organizations, community and economic development, human service organizations, culture and humanities, and health. According to the terms of James Graham Brown's will, a substantial part of the foundation's available funds and assets are used to make grants to projects that promote the well-being of citizens of Louisville and the state of Kentucky in matters of business, education, health, and general welfare and advancement.

The foundation's strategic outcomes include:

  • Opportunities for all
  • Civic engagement
  • Improved perceptions of Kentucky
  • Improved well-being of citizens of Kentucky

Primary focus areas include:

  • Health and Well-being
  • Civic and Cultural Assets
  • Community and Economic Development
  • Education

Grantmaking

The foundation operates two primary grant programs:

Grant Range

s are between $150,000–$500,000 for nonprofit organizations located primarily in the Louisville metro area. Organizations should demonstrate significant financial support for projects, including contributions from private donors, private and public grants, and other sustainable sources of revenue.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds projects in Louisville and throughout Kentucky. However, grant activity has also been documented in the District of Columbia and Oregon.

Grant Distribution by State

9states
+1 more states

Cities

ArlingtonAtlantaBardstownBereaBowling GreenClermontDanvilleDurhamFrankfortHazardHighland HeightsHindmanHorse CaveJeffersonvilleLexingtonLouisvilleMayfieldMobileNew YorkPerryville

Financial History

Multi-year comparison from IRS filings

Assets: $366,000,000 (as of 2023); $390,953,333 (as of 2024)

Annual Revenue: $31,229,055

2023 Financial Summary:

  • Total Revenue: $11,900,000
  • Total Expenses: $16,900,000
  • Total Assets: $366,000,000
  • Total Liabilities: $5,270,000

Tax Status: 501(c)(3) organization; tax-exempt since August 1964; EIN 61-0724060

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11M$21M$32M$43M20202021202220232024
Metric202420232022
Total Assets$390,953,333$366,389,366$332,997,825
Revenue$14,322,563$11,883,246$7,619,738
Expenses$22,389,850$16,908,139$20,611,195
Qualifying Distributions$16,770,976$14,166,049$17,676,097
Net Investment Income$17,230,570$11,974,945$8,681,561
Distributable Amount$18,615,233$16,849,699$17,655,044

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$11M$17M$23M81 grants202070 grants202174 grants202258 grants202350 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

RITA JUNE FOUNDATION$1.5MKENTUCKY DERBY MUSEUM$1.0MKENTUCKY COUNCIL ON POST…$1.0MFEDERATION OF APPALACHIA…$881KLOUISVILLE FREE PUBLIC L…$755KAMPED$750KPARKS ALLIANCE OF LOUISV…$750KCENTRE COLLEGE$749KTHE HOUSING PARTNERSHIP …$575KKENTUCKY COMMUNITY AND T…$550K

Grant Size Distribution

250 grants across all recorded years

87<$50K24$50–100K45$100–250K42$250–500K41$500K–1M11$1–5M$5M+

Open Grants

6 open opportunities from James Graham Brown Foundation Inc

Show all 6 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Trustees:

  • Stephen P. Campbell – Chairman. A specialist in providing strategic and financial advice to financial institutions on a global basis, with career positions at Lazard Freres & Co, Dresdner Kleinwort, and Wasserstein Perella & Co. He serves on the boards of Berea College, Hardscuffle, Inc., and American Life & Accident Insurance Company of Kentucky.

  • Crit Luallen – Vice Chair. A former Lieutenant Governor and State Auditor who has served seven Kentucky Governors. Active in retirement with service on several boards including Centre College, Community Trust Bank, Hardscuffle/American Life, Henry Clay Center for Statesmanship, Kentucky Historical Society Foundation, and Executive Branch Ethics Commission.

  • Jerry Abramson – Trustee. Former mayor of the City of Louisville and most recently served as Executive in Residence at Spalding University.

  • Ben Chandler – Trustee

  • Condrad Daniels – Trustee

  • Sandra Frazier – Trustee

  • Doug Grissom – Trustee

  • Lopa Mehrotra – Trustee

  • Greg Rousos – Trustee

  • Steve Sautel – Trustee

  • Aaron Thompson – Trustee

Staff:

  • Bleik Pickett – Program Director
  • Nick Clifton – Chief Financial Officer

Compensation Overview

From 2024 IRS filing

MASON RUMMELPRESIDENT, CEO$381KBLEIK PICKETTSECRETARY$165KWILLIAM CLIFTONTREASURER, CFO$151KKATHY KOTCAMPTREASURER/SECRETARY (PREVIOUS)$56KSTEPHEN CAMPBELLCHAIRMAN$50KDOUG GRISSOMTRUSTEE$19KAARON THOMPSONTRUSTEE$17KCRIT LUALLENVICE CHAIR$16KBEN CHANDLERTRUSTEE$16KLOPA MEHROTRATRUSTEE$16KSANDRA FRAZIERTRUSTEE$14KCONDRAD DANIELSTRUSTEE$12KR TED STEINBOCK MDTRUSTEE (PREVIOUS)$12KR ALEX RANKINTRUSTEE (PREVIOUS)$11KJERRY ABRAMSONTRUSTEE$7KGREG ROUSOSTRUSTEE$6K

From 2024 filing

NameTitleHoursCompensation
STEPHEN CAMPBELLCHAIRMAN10$50,000
CRIT LUALLENVICE CHAIR1$16,400
JERRY ABRAMSONTRUSTEE1$7,000
BEN CHANDLERTRUSTEE1$16,400
CONDRAD DANIELSTRUSTEE1$11,800
SANDRA FRAZIERTRUSTEE1$13,800
DOUG GRISSOMTRUSTEE1$19,200
LOPA MEHROTRATRUSTEE1$15,800
GREG ROUSOSTRUSTEE1$5,800
STEVE SAUTELTRUSTEE1
AARON THOMPSONTRUSTEE1$16,800
R ALEX RANKINTRUSTEE (PREVIOUS)1$11,000
R TED STEINBOCK MDTRUSTEE (PREVIOUS)1$11,800
MASON RUMMELPRESIDENT, CEO50$381,315
WILLIAM CLIFTONTREASURER, CFO40$151,067
BLEIK PICKETTSECRETARY40$165,413
KATHY KOTCAMPTREASURER/SECRETARY (PREVIOUS)30$56,132

Recent News & Activity

Recent developments and announcements

Recent grant announcements include:

2025

**University of Pikeville:** $1,000,000 grant (December 2025)

2024

**Chestnut Street YMCA:** $500,000 grant (December 2024)

Chestnut Street YMCA receives $500,000 grant

**Louisville Free Public Library:** $1,500,000 matching grant for library projects

James V. Brown Library gets 3 grants from different funds | News, Sports,
2024

**Waterfront Botanical Gardens:** Grant awarded (2024)

Waterfront Botanical Gardens to Receive James Graham Brown Foundation Grant
2024

**Kentucky Derby Museum:** $1,000,000 grant (May 2024)

The foundation maintains an active grantmaking program with recent grant activity documented in current tax filings and continues to accept applications for both strategic and responsive community grants.

Waterfront Botanical Gardens to Receive James Graham Brown Foundation Grant

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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