Mains Foundation Charitable Trust

AUGUSTA, KY EIN: 61-0916661

Mains Foundation Charitable Trust is a private foundation, based in AUGUSTA, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $377K in total assets. In 2024, it awarded 5 grants totaling $12K. Net investment income was $316K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$377K

+413.2% YoY

Annual Giving

$12K

+72.6% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$2K

+3.6% YoY

About Mains Foundation Charitable Trust

Based on IRS filings

Mains Foundation Charitable Trust is a private foundation, based in AUGUSTA, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $377K in total assets. In 2024, it awarded 5 grants totaling $12K. Net investment income was $316K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AugustaHighland HeightsLexingtonLouisvilleMaysvilleMorehead

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$174K$260K$347K20202021202220232024
Metric202420232022
Total Assets$376,873$73,432$68,733
Revenue$315,692$12,013$12,005
Expenses$12,251$7,314$18,283
Qualifying Distributions$12,084$7,000$16,537
Net Investment Income$315,692$12,013$12,005
Distributable Amount$11,884$9,000$9,048

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$12K$17K1 grants20202 grants20214 grants20223 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Maysville Community Coll…$4KAugusta VFW$3KMorehead State University$2KKentucky Community & Tec…$2KNorthern Kentucky Univer…$1K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Nicholas A ColvinTrustee1
Gregory H MainsTrustee1

Related Funders

Similar funders by location and focus area

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

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