Limestone Family Foundation Inc
Limestone Family Foundation Inc is a private foundation based in Louisville, Kentucky. In its 2025 filing, it reported 76 grants totaling $1,132,500 to charitable organizations, including organizations working in food and environmental education, youth recreation, community services, equestrian sports, and land conservation.
Limestone Family Foundation Inc at a glance
In short: Limestone Family Foundation Inc gave $1.1M across 76 grants in 2025 (avg $15K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,132,500
- Grants made (2025)
- 76
- Average grant
- $14,901
- Median grant
- $2,500
- Total assets
- $11,220,428
- -2.5% vs 2024
- Primary geography
- Kentucky (75% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Limestone Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 5900 Us Hwy 42, Louisville, KY 40241
Phone: (866) 671-7067
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Limestone Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Food Literacy Project at Oxmoor Farm Inc ($350K). Together the top 10 received $852K.
Grant Size Distribution
76 grants across all recorded years
The most common grant size was under $50K: 70 grants of 76 (92%).
Geographic Focus
Where this funder awards grants
In 2025, 75% of grant dollars went to recipients in Kentucky, 14% to Wyoming, 3% each to Florida and the District of Columbia, and 2% to Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 76 itemized grants.
States
Cities
How Limestone Family Foundation Inc gives
- In 2025 it paid out 102% 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
In 2025 it made 76 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Food Literacy Project at Oxmoor Farm Inc Louisville, KY | Support | $350,000 |
| Big Horn Baseball Club Sheridan, WY | Support | $150,000 |
| Kentucky Horse Park Foundation Lexington, KY | Support | $75,000 |
| Association of Community Ministries Louisville, KY | Support | $58,000 |
| Equestrian Events Inc Lexington, KY | Support | $50,000 |
| St Francis in the Fields Church Harrods Creek, KY | Support | $50,000 |
| Community Foundation of Louisville Louisville, KY | Support | $36,000 |
| Feed Louisville Louisville, KY | Support | $33,000 |
| American Farmland Trust Washington, DC | Support | $25,000 |
| Bluegrass Land Conservancy Lexington, KY | Support | $25,000 |
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Financial History
Multi-year comparison from IRS filings
The 2024 filing reported no grants in the available data.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $11,220,428 | $6,405,545 | $1,194,950 | $1,132,500 | 76 | $1,134,330 | $824,288 | $1,116,011 |
| 2024 | $11,509,206 | $24,364,356 | — | — | — | — | $5,219 | $3,188 |
Under IRS private-foundation payout rules, Limestone Family Foundation Inc reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2025 filing describes a program involving the difference between the fair market value and cost of assets transferred from the W.L. Lyons Brown Foundation. It does not state a broader mission.
Its grants supported organizations with varied charitable purposes. The Food Literacy Project at Oxmoor Farm describes its mission as providing farm-based food and environmental education for youth and families. Big Horn Baseball Club says it raises funds, builds, and operates a baseball facility for young people in its area. Other grantees include organizations that support the Kentucky Horse Park, provide neighborhood-level emergency assistance, develop equestrian sports, meet basic needs for unhoused people, protect farmland, and conserve land in Kentucky’s Bluegrass region.
Grantmaking
In 2025, the foundation made 76 grants totaling $1,132,500. Grant amounts ranged from $500 to $350,000, with a median of $2,500. Its largest reported grants included:
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists W Austin Musselman Jr as Chairman and President, and Jane Douglass Musselman, Stella L Musselman, Carolina Clay Musselman, and George Gifford Musselman as directors.
Limestone Family Foundation Inc is led by W. Austin Musselman Jr., Chairman & President on every filing since 2024; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
W. Austin Musselman Jr.
Chairman & President
On filings since 2024
0.1 hrs/week
No compensation reported
Carolina Clay Musselman
Director
On filings since 2024
0.1 hrs/week
No compensation reported
George Gifford Musselman
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Jane Douglass Musselman
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Stella L. Musselman
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Limestone Family Foundation Inc
How much does Limestone Family Foundation Inc give each year?
Limestone Family Foundation Inc gave $1.1M across 76 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Limestone Family Foundation Inc's typical grant size?
Limestone Family Foundation Inc's median grant in 2025 was $2,500, and its average grant was $14,901, across 76 grants on its 2025 IRS Form 990-PF.
Where does Limestone Family Foundation Inc give grants?
Limestone Family Foundation Inc gives mostly in Kentucky: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Wyoming (14%). The most frequent recipient cities were Louisville, KY (28 grants), Lexington, KY (14 grants), Washington, DC (3 grants) and Sheridan, WY (2 grants).
Does Limestone Family Foundation Inc give general operating support?
Not in 2025: none of the 76 grants with a stated purpose on Limestone Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (76 grants).
Who are Limestone Family Foundation Inc's largest grantees?
Limestone Family Foundation Inc's largest 2025 grantees include The Food Literacy Project at Oxmoor Farm Inc ($350,000), Big Horn Baseball Club ($150,000) and Kentucky Horse Park Foundation ($75,000), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.
How large is Limestone Family Foundation Inc?
Limestone Family Foundation Inc reported $11.2M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
What does Limestone Family Foundation Inc fund?
The foundation’s 2025 filing describes a program involving the difference between the fair market value and cost of assets transferred from the W.L. Lyons Brown Foundation. It does not state a broader mission. See mission & focus areas ↑
How do I apply for a grant from Limestone Family Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Limestone Family Foundation Inc's EIN?
Limestone Family Foundation Inc's EIN (Employer Identification Number) is 33-2659738. IRS Form 990 filing data is available on this page for 2024–2025.
Does Limestone Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal year 2024
Live grants for the work Limestone Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Limestone Family Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Limestone Family Foundation Inc funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/limestone-family-foundation-inc-morg_e5bf130d58ab45c3ba09b2e80c2b1643
BibTeX
@misc{grantable_332659738_2026,
author = {{Grantable}},
title = {{Limestone Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/limestone-family-foundation-inc-morg_e5bf130d58ab45c3ba09b2e80c2b1643},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Limestone Family Foundation Inc'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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