Mildred H Dunning Memorial Fund Trust

LEXINGTON, KY EIN: 61-6241891

Mildred H Dunning Memorial Fund Trust is a private foundation, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 3 grants totaling $209K. Net investment income was $470K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

+6.5% YoY

Annual Giving

$209K

+9.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$70K

+9.0% YoY

Under IRS private-foundation payout rules, Mildred H Dunning Memorial Fund Trust reported a distributable amount of $241K for 2024 — the minimum it must pay out in qualifying distributions.

About Mildred H Dunning Memorial Fund Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $983K (100%)

States

Kentucky

Cities

Lexington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,324,798	$4,062,377	$4,183,727
Revenue	$513,721	$126,361	$970,641
Expenses	$246,451	$245,548	$265,082
Qualifying Distributions	$213,634	$195,317	$235,970
Net Investment Income	$470,421	$97,609	$948,436
Distributable Amount	$240,824	$212,552	$207,342

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

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Henry Clay Memorial Foundation ($143,920), Bluegrass Trust - Historic Preservation ($32,763), Kentucky Easter Seal Society Inc ($32,763).

Recipient	Purpose	Amount
BLUEGRASS TRUST - HISTORIC PRESERVATION LEXINGTON, KY	GENERAL SUPPORT	$32,763
HENRY CLAY MEMORIAL FOUNDATION LEXINGTON, KY	GENERAL SUPPORT	$143,920
KENTUCKY EASTER SEAL SOCIETY INC LEXINGTON, KY	GENERAL SUPPPORT	$32,763

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CENTRAL BANK TRUST	TRUSTEE	2	$7,029

Frequently Asked Questions

How large is Mildred H Dunning Memorial Fund Trust?

As of 2024, Mildred H Dunning Memorial Fund Trust holds $4.3M in total assets with $514K in annual revenue. It awarded 3 grants totaling $209K in 2024.

Where does Mildred H Dunning Memorial Fund Trust operate?

Mildred H Dunning Memorial Fund Trust has awarded grants in Kentucky.

What size grants does Mildred H Dunning Memorial Fund Trust award?

In 2024, Mildred H Dunning Memorial Fund Trust awarded 3 grants totaling $209K — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is Mildred H Dunning Memorial Fund Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mildred H Dunning Memorial Fund Trust reported a distributable amount of $241K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mildred H Dunning Memorial Fund Trust's EIN?

Mildred H Dunning Memorial Fund Trust's EIN (Employer Identification Number) is 61-6241891. IRS Form 990 filing data is available on this page for 2020–2024.