Lester E Yeager Charitable Trust B
Lester E Yeager Charitable Trust B is a charitable foundation based in Owensboro, Kentucky. The trust operates as a grantmaking organization focused on supporting youth development, education, and community services in Kentucky and surrounding regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
+1.9% YoY
Annual Giving
$259K
-9.6% YoY
Grant Count
37
+0.0% YoY
Avg Grant Size
$7K
-9.6% YoY
Under IRS private-foundation payout rules, Lester E Yeager Charitable Trust B reported a distributable amount of $368K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust prioritizes funding in the following areas:
- Youth development and youth services
- Children's programs and services
- Scouting organizations
- Leadership development
- Youth education and enrichment programs
- Community services supporting young people
Grantmaking
Recent grants awarded by the trust include:
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Geographic Focus
Where this funder awards grants
The trust primarily funds nonprofits in Kentucky and Indiana, with a notable concentration of grants to organizations in Owensboro and Daviess County, Kentucky.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $4,937,022
- Annual Giving: $259,402
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,937,022 | $4,844,035 | $4,827,574 |
| Revenue | $463,275 | $422,186 | $388,031 |
| Expenses | $370,244 | $405,725 | $407,724 |
| Qualifying Distributions | $336,907 | $372,466 | $371,698 |
| Net Investment Income | $435,884 | $393,270 | $358,456 |
| Distributable Amount | $368,003 | $336,134 | $350,690 |
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
173 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Girls Incorporated of Owensboro-daviss County ($25,000), Owensboro Board of Education ($21,308), The Way of Rockport Indiana Inc ($18,450).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS WESTERN KY REGION OWENSBORO, KY | HOME FIRE FINANCIAL ASSISTANCE PROGRAM FOR FAMILIES WHO HAVE SUFFERED LOSS DUE TO FIRE | $15,000 |
| BARREN HEIGHTS LOUISVILLE KY LOUISVILLE, KY | UNDERWRITE COSTS FOR 3 FULL FREE WEEKEND RETREATS FOR 2024 SEASON ENABLING THEM TO SERVE 3 FAMILIES WITH CHILDREN AND 4 VOLUNTEER HOST FAMILIES WOULD ATTEND | $2,500 |
| CLIFF HAGAN BOYS & GIRLS CLUB OWENSBORO, KY | FUNDRAISER EXPENSES AND OPERATING EXPENSES TO HELP FUND VARIOUS PROGRAMS OFFERED TO THE COMMUNITY | $15,700 |
| COLLEGE VIEW MIDDLE SCHOOL OWENSBORO, KY | REPLACE AGING FITNESS EQUIPMENT, PURCHASE NEW CARDIO EQUIPMENT; AND REVAMP FITNESS CENTER USED BY STUDENTS FOR PE AND PERSONAL FITNESS GOALS | $2,500 |
| COMMUNITY DENTAL CLINIC OWENSBORO, KY | COMPASSIONATE CARE FUND BRIDGES THE GAP IN COST OF DENTAL AND WHAT THE PATIENT CAN AFFORD EVEN WHEN THE REDUCED FEE IS TOO MUCH FOR THE PATIENT | $5,000 |
| CROSSROADS INC OWENSBORO, KY | SIX MONTHS OF UTILITY BUDGET AND MORTGAGE PAYMENTS IN ADDITION TO ASSISTANCE WITH LATE NIGHT SHELTER WORKERS PAY; BUS TOKENS FOR WOMEN AND CHILDREN | $15,000 |
| EASTER SEALS REHABILITATION CENTER EVANSVILLE, IN | HELP UNDERWRITE THERAPY SERVICES FOR DISADVANTAGED CHILDREN AND ADULTS WITH DISABILITIES IN KY, IN, IL | $4,500 |
| FATHER BRADLEY SHELTER FOR WOMEN AND CHILDREN HENDERSON, KY | OPERATIONAL EXPENSES INCLUDING CASE WORK AND UTILITIES | $7,500 |
| GIRL SCOUTS OF KENTUCKIANA LOUISVILLE, KY | SUPPORT FINANCIAL ASSISTANCE PROGRAM WHICH INCREASES FUNDING AVAILABLE FOR CAMP SCHOLARSHIPS FOR GIRLS WHO WOULD NOT BE ABLE TO ATTEND CAMP OTHERWISE IN PENNYROYAL AREA SPECIFICALLY DAVIESS COUNTY | $5,000 |
| GIRLS INCORPORATED OF OWENSBORO-DAVISS COUNTY OWENSBORO, KY | PROVIDE SAFETY, SECURITY AND FIRE EQUIPMENT DOORS; LED LIGHTING/FIXTURES IN CLASSROOMS GYM AND THERAPHY ROOMS; VARIOUS REPAIRS AND MAINTENANCE; OUTDOOR SIGNAGE | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY KENNEDY | TRUSTEE | 1 | $6,000 |
| WILLIAM WILSON JR | TRUSTEE | 12 | $24,000 |
| DONNA PORTER | TRUSTEE | 12 | $42,000 |
| TRAFTON T LITTLEPAGE | TRUSTEE | 12 | $8,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Lester E Yeager Charitable Trust B fund?
The trust prioritizes funding in the following areas: • Youth development and youth services • Children's programs and services • Scouting organizations • Leadership development • Youth education and enrichment programs • Community services supporting young people
How do I apply for a grant from Lester E Yeager Charitable Trust B?
**Financial Capacity:** • Total assets: $4,937,022 • Total annual giving: $259,402 **Grant Activity:** Recent grants awarded by the trust include: • $11,500 to Habitat for Humanity - Daviess County (2024) for creating green space and outdoor community areas • $4,000 to Experiencing Autism Together (2024) for purchase of defibrillators for fundraiser events and CPR/first aid training • $3,000 to Imagination Library of Daviess County (2024) for book purchases for children ages 0-5 • $2,500 to The…
Where does Lester E Yeager Charitable Trust B make grants?
The trust primarily funds nonprofits in Kentucky and Indiana, with a notable concentration of grants to organizations in Owensboro and Daviess County, Kentucky.
What size grants does Lester E Yeager Charitable Trust B award?
In 2024, Lester E Yeager Charitable Trust B awarded 37 grants totaling $259K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Lester E Yeager Charitable Trust B required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lester E Yeager Charitable Trust B reported a distributable amount of $368K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lester E Yeager Charitable Trust B's EIN?
Lester E Yeager Charitable Trust B's EIN (Employer Identification Number) is 61-1159548. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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