May Wetherby Jones Foundation

LOUISVILLE, KY EIN: 61-1335008

May Wetherby Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 1 grants totaling $171K. Net investment income was $78K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+5.4% YoY

Annual Giving

$171K

+11.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$171K

+11.0% YoY

Under IRS private-foundation payout rules, May Wetherby Jones Foundation reported a distributable amount of $228K for 2024 — the minimum it must pay out in qualifying distributions.

About May Wetherby Jones Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with May Wetherby Jones Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $823K (100%)

States

Kentucky

Cities

Louisville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,057,638	$1,951,621	$2,030,971
Revenue	$326,416	$117,099	$61,766
Expenses	$220,399	$196,449	$196,607
Qualifying Distributions	$217,423	$195,133	$195,059
Net Investment Income	$78,154	$70,917	$6,776
Distributable Amount	$228,120	$193,622	$191,583

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Schedule ($171,000).

Recipient	Purpose	Amount
SEE ATTACHED SCHEDULE LOUISVILLE, KY	SEE ATTACHED SCHEDULE	$171,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
J WALKER STITES III	TRUSTEE	1.5	$7,090
WILLIAM D DAVIS	TRUSTEE	8.5	$40,179

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is May Wetherby Jones Foundation?

May Wetherby Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $2.1M in total assets as of 2024.

How large is May Wetherby Jones Foundation?

As of 2024, May Wetherby Jones Foundation holds $2.1M in total assets with $326K in annual revenue. It awarded 1 grants totaling $171K in 2024.

Where does May Wetherby Jones Foundation operate?

May Wetherby Jones Foundation has awarded grants in Kentucky.

What size grants does May Wetherby Jones Foundation award?

In 2024, May Wetherby Jones Foundation awarded 1 grants totaling $171K — an average of about $171K per grant, based on its IRS Form 990 filings.

How much is May Wetherby Jones Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, May Wetherby Jones Foundation reported a distributable amount of $228K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.