The Conover Foundation Inc AGT

Private foundation · Grantmaker Louisville, KY EIN: 35-6672841

The Conover Foundation Inc AGT is a private foundation, based in Louisville, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 1 grant totaling $213K. Net investment income was $212K.

Key facts about The Conover Foundation Inc AGT

In short: The Conover Foundation Inc AGT gave $213K across 1 grant in 2025 (avg $213K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
35-6672841
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$213,100
Grants made (2025)
1
Average grant
$213,100
Median grant
$213,100
Total assets
$2,294,708
Primary geography
Kentucky (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.3M

-0.7% YoY

Annual Giving

$213K

+12.1% YoY

Grant Count

1

-96.3% YoY

Avg Grant Size

$213K

+2926.7% YoY

Under IRS private-foundation payout rules, The Conover Foundation Inc AGT reported a distributable amount of $221K for 2025 — the minimum it must pay out in qualifying distributions.

How The Conover Foundation Inc AGT gives

  • Giving held roughly steady from 2022 to 2025 (+16%). Method
  • In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2025 grant dollars on its one itemized grant.

Cities

EdinburghColumbusNashvilleFranklinIndianapolisNew YorkAntiochFreetownColorado SpringsLouisville

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K25 grants2021 28 grants2022 31 grants2023 27 grants2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $121K (2021) to $213K (2025). In 2025 it made 1 grant totaling $213K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

112 grants across all recorded years

111<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 111 grants of 112 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Schedule Louisville, KYCharitable$213,100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,294,708$2,311,801$2,433,320
Revenue$242,018$104,276$65,705
Expenses$254,128$225,795$298,690
Qualifying Distributions$222,559$190,100$203,817
Net Investment Income$211,763$91,998$44,964
Distributable Amount$221,357$207,079$194,085

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The Conover Foundation Inc AGT is led by Cheryl Conover Stroud, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Cheryl Conover Stroud

    President

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Christine Conover Stroud

    Assistant Secretary

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Janet Totten

    Secretary & Treasury

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Conover Foundation Inc AGT

How much does The Conover Foundation Inc AGT give each year?

The Conover Foundation Inc AGT gave $213K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $190K across 27 grants.

How large is The Conover Foundation Inc AGT?

The Conover Foundation Inc AGT reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $223K in qualifying distributions that year, against a required minimum of $221K (roughly 5% of its investment assets).

Where does The Conover Foundation Inc AGT operate?

The Conover Foundation Inc AGT has awarded grants in Colorado, Indiana, Kentucky, New York, Tennessee.

What is The Conover Foundation Inc AGT's EIN?

The Conover Foundation Inc AGT's EIN (Employer Identification Number) is 35-6672841. IRS Form 990 filing data is available on this page for 2021–2025.

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

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