Mahan Foundation Inc
Mahan Foundation Inc is a private foundation established in 1984 and based in La Grange, Kentucky. The foundation distributes funds to local charities and churches to support community activities and causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+7.2% YoY
Annual Giving
$264K
+8.2% YoY
Grant Count
34
+3.0% YoY
Avg Grant Size
$8K
+5.0% YoY
Under IRS private-foundation payout rules, Mahan Foundation Inc reported a distributable amount of $245K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving primarily benefits children and the elderly. It focuses on distributing funds to local charities and churches for various community activities that benefit individuals in Jefferson and Oldham counties in Kentucky.
Grantmaking
Notable 2024 grants include:
Grant Range
s & Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Jefferson and Oldham counties in Kentucky, with a particular emphasis on the La Grange area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $5,317,198
- Total revenues: $328,184
- Total expenses: $266,786
- Total giving: $264,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,317,198 | $4,958,575 | $5,198,529 |
| Revenue | $328,184 | $135,342 | $286,429 |
| Expenses | $266,786 | $249,780 | $270,949 |
| Qualifying Distributions | $266,786 | $249,780 | $270,949 |
| Net Investment Income | $328,184 | $135,342 | $286,429 |
| Distributable Amount | $245,429 | $234,053 | $250,270 |
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
168 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Chest of Oldham Co ($55,000), Creasy Mahan Nature Preserve ($33,000), Hope Health Clinic ($22,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Big Brothers and Big Sisters Louisville, KY | Assist with organizations cause | $1,000 |
| Grace and Glory Bread of Life Food Pantry Goshen, KY | Assist with organizations cause | $4,000 |
| Cabbage Patch Settlement House Louisville, KY | Assist with organizations cause | $1,000 |
| CASA La Grange, KY | Assist with organizations cause | $3,000 |
| Cedar Lake Foundation Louisville, KY | Assist with organizations cause | $12,000 |
| Christian Care Communities Louisville, KY | Assist with organizations cause | $6,000 |
| Community Chest of Oldham Co La Grange, KY | Assist with organizations cause | $55,000 |
| Creasy Mahan Nature Preserve Goshen, KY | Assist with organizations cause | $33,000 |
| Girl Scouts of Kentuckiana Louisville, KY | Assist with organizations cause | $2,000 |
| Good News Shelter Corporation Lagrange, KY | Assist with organizations cause | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George R Simpson | President | — | — |
| Ann Gardner | Vice President | — | — |
| Timothy R Moore | Sec Treasurer | — | — |
Contact Information
- Address: PO Box 498, La Grange, KY 40031-0498
- Telephone: 502-741-7646
- EIN: 31-1087614
Frequently Asked Questions
What does Mahan Foundation Inc fund?
The foundation's giving primarily benefits children and the elderly. It focuses on distributing funds to local charities and churches for various community activities that benefit individuals in Jefferson and Oldham counties in Kentucky.
How do I apply for a grant from Mahan Foundation Inc?
**Grant Sizes & Activity:** • Typical grant awards range from $1,000 to $55,000 • Made 33 grants in 2024 • Total giving in 2024: $264,000 **Recent Grants:** Notable 2024 grants include: • Community Chest of Oldham County: $55,000 • Oldham County Historical Society: $13,000 • Hosparus Health: (amount listed in source)
Where does Mahan Foundation Inc make grants?
The foundation primarily funds organizations in Jefferson and Oldham counties in Kentucky, with a particular emphasis on the La Grange area.
What size grants does Mahan Foundation Inc award?
In 2024, Mahan Foundation Inc awarded 34 grants totaling $264K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Mahan Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mahan Foundation Inc reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mahan Foundation Inc's EIN?
Mahan Foundation Inc's EIN (Employer Identification Number) is 31-1087614. 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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