Mcreynolds Foundation Inc

LOUISVILLE, KY EIN: 83-2965347

Mcreynolds Foundation Inc 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 $4.7M in total assets. In 2024, it awarded 3 grants totaling $250K. Net investment income was $520K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.7M

+6.2% YoY

Annual Giving

$250K

+0.0% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$83K

-33.3% YoY

Under IRS private-foundation payout rules, Mcreynolds Foundation Inc reported a distributable amount of $240K for 2024 — the minimum it must pay out in qualifying distributions.

About Mcreynolds Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Mcreynolds Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $846K (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	$4,663,823	$4,391,161	$4,487,609
Revenue	$571,650	$187,588	$3,461,983
Expenses	$298,988	$286,055	$272,473
Qualifying Distributions	$252,189	$250,000	$261,638
Net Investment Income	$520,021	$151,533	$421,201
Distributable Amount	$240,120	$223,949	$81,984

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Louisville Youth Group Inc ($100,000), Metro United Way ($75,000), Center for Nonprofit Excellence ($75,000).

Recipient	Purpose	Amount
LOUISVILLE YOUTH GROUP INC LOUISVILLE, KY	TO SUPPORT YOUTH IN LOUISVILLE THROUGH EDUCATION AND ADVOCACY	$100,000
METRO UNITED WAY LOUISVILLE, KY	TO SUPPORT CHAMPIONS FOR CHILDCARE	$75,000
CENTER FOR NONPROFIT EXCELLENCE LOUISVILLE, KY	TO SUPPORT COMMUNITY LEADERSHIP	$75,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SCOTT MCREYNOLDS	DIRECTOR	1	—
JENNIFER MCREYNOLDS	DIRECTOR	1	—
BRANDON MCREYNOLDS	DIRECTOR	1	—
SARA MILLER	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mcreynolds Foundation Inc?

Mcreynolds Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $4.7M in total assets as of 2024.

How large is Mcreynolds Foundation Inc?

As of 2024, Mcreynolds Foundation Inc holds $4.7M in total assets with $572K in annual revenue. It awarded 3 grants totaling $250K in 2024.

Where does Mcreynolds Foundation Inc operate?

Mcreynolds Foundation Inc has awarded grants in Kentucky.

What size grants does Mcreynolds Foundation Inc award?

In 2024, Mcreynolds Foundation Inc awarded 3 grants totaling $250K — an average of about $83K per grant, based on its IRS Form 990 filings.

How much is Mcreynolds Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcreynolds Foundation Inc reported a distributable amount of $240K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.