The Mulhollem Cravens Foundation
The Mulhollem Cravens Foundation is a private foundation based in Carlisle, Kentucky. Its 2025 filing reports grants to charitable organizations, nearly all of the grant dollars going to recipients in Kentucky.
The Mulhollem Cravens Foundation at a glance
In short: The Mulhollem Cravens Foundation gave $536K across 23 grants in 2025 (avg $23K), mostly in Kentucky. 48% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $535,600
- +13.9% vs 2024
- Grants made (2025)
- 23
- +21.1% vs 2024
- Average grant
- $23,287
- -5.9% vs 2024
- Median grant
- $10,000
- Total assets
- $1,817,056
- +0.8% vs 2024
- New grantees (estimate)
- 48% first-time grantees (11 of 23, 2025; small sample)
- Primary geography
- Kentucky (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Mulhollem Cravens Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 192 Co Paul B Mulhollem Jr, Carlisle, KY 40311
Phone: (312) 298-2000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Mulhollem Cravens Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Carnegie Center ($100K). Together the top 10 received $470K.
Grant Size Distribution
109 grants across all recorded years
The most common grant size was under $50K: 91 grants of 109 (83%).
Geographic Focus
Where this funder awards grants
In 2025, 99% of grant dollars went to recipients in Kentucky; reported shares for New York and Nebraska were 0%.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Is The Mulhollem Cravens Foundation open to new grantees?
48%
first-time grantees, 2025
In 2025, 11 of 23 grantees (48%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $16K; repeat grants $30K. How we count
Medians: $5K first-time, $23K repeat.
- 43% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 581% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $343K (2020) to $584K (2023). In 2025 it made 23 grants totaling $536K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carnegie Center Lexington, KY | To Further the Mission of the Donee | $100,000 |
| Lexington KY Rescue Mission Lexington, KY | To Further the Mission of the Donee | $100,000 |
| KY FFA Foundation Frankfort, KY | To Further the Mission of the Donee | $65,000 |
| The Hope Center Lexington, KY | To Further the Mission of the Donee | $50,000 |
| Ket-KY PBS Station Lexington, KY | To Further the Mission of the Donee | $35,000 |
| Bourbon Co KY YMCA Paris, KY | To Further the Mission of the Donee | $25,000 |
| Nicholas Co Historical Soc Carlisle, KY | To Further the Mission of the Donee | $25,000 |
| Nicholas County KY Tourism Board Carlisle, KY | To Further the Mission of the Donee | $25,000 |
| The Kentucky Agricultural Leadership Program Lexington, KY | Kentucky Agriculture Leadership Program | $25,000 |
| Crossroads Shelter Owensboro, KY | To Further the Mission of the Donee | $20,000 |
Ready to take the next step with The Mulhollem Cravens Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,817,056 | $549,803 | $558,037 | $535,600 | 23 | $535,615 | $479,638 | $92,259 |
| 2024 | $1,802,539 | $603,307 | $489,113 | $470,300 | 19 | $470,315 | $366,217 | $95,555 |
| 2023 | $1,698,803 | $440,796 | $610,973 | $583,500 | 22 | $583,515 | $253,324 | $93,061 |
| 2022 | $1,860,351 | $675,133 | $507,814 | $484,000 | 18 | $484,015 | $403,228 | $92,820 |
| 2021 | $1,703,212 | $360,754 | $368,069 | $348,000 | 27 | $348,015 | $171,026 | $95,344 |
| 2020 | $1,727,096 | $367,328 | $358,913 | $343,000 | 14 | — | $52,236 | $82,523 |
Under IRS private-foundation payout rules, The Mulhollem Cravens Foundation reported a distributable amount of $92K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. The grantees’ own descriptions illustrate some of the work supported: The Hope Center says it provides services to promote healing from substance use disorder, mental health disorders, and homelessness. The Appalachian Artisan Center says it works to strengthen an artisan-based economic sector through education, business development, and support for artists.
Grantmaking
In 2025, the foundation reported 23 grants totaling $535,600. Grant amounts ranged from $500 to $100,000, with a median of $10,000. Notable grants included $100,000 each to Carnegie Center and Lexington KY Rescue Mission; $65,000 to KY FFA Foundation; $50,000 to The Hope Center; and $35,000 to KET-KY PBS Station. Other grants included $25,000 each to Bourbon Co KY YMCA, Nicholas Co Historical Soc, Nicholas County KY Tourism Board, and The Kentucky Agricultural Leadership Program.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Paul B Mulhollem Jr, Valerie K Cravens, and Sylvia J Cravens as directors.
The Mulhollem Cravens Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Paul B. Mulhollem Jr.
Director
On filings since 2020
No compensation reported
Sylvia J. Cravens
Director
On filings since 2020
No compensation reported
Valerie K. Cravens
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Mulhollem Cravens Foundation
How much does The Mulhollem Cravens Foundation give each year?
The Mulhollem Cravens Foundation gave $536K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $470K across 19 grants.
What is The Mulhollem Cravens Foundation's typical grant size?
The Mulhollem Cravens Foundation's median grant in 2025 was $10,000, and its average grant was $23,287, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Mulhollem Cravens Foundation that year got $16K on average.
Where does The Mulhollem Cravens Foundation give grants?
The Mulhollem Cravens Foundation gives mostly in Kentucky: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lexington, KY (9 grants), Carlisle, KY (4 grants), Frankfort, KY (2 grants) and Paris, KY (2 grants).
Does The Mulhollem Cravens Foundation give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on The Mulhollem Cravens Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Further the Mission of the Donee" (22 grants).
Who are The Mulhollem Cravens Foundation's largest grantees?
The Mulhollem Cravens Foundation's largest 2025 grantees include Carnegie Center ($100,000), Lexington KY Rescue Mission ($100,000) and KY FFA Foundation ($65,000), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.
How large is The Mulhollem Cravens Foundation?
The Mulhollem Cravens Foundation reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $536K in qualifying distributions that year, against a required minimum of $92K (roughly 5% of its investment assets).
What does The Mulhollem Cravens Foundation fund?
No foundation mission statement is provided. The grantees’ own descriptions illustrate some of the work supported: The Hope Center says it provides services to promote healing from substance use disorder, mental health disorders, and homelessness. See mission & focus areas ↑
How do I apply for a grant from The Mulhollem Cravens Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Mulhollem Cravens Foundation's EIN?
The Mulhollem Cravens Foundation's EIN (Employer Identification Number) is 20-3835578. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Mulhollem Cravens Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
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Cite this profile
Grantable. (2026). The Mulhollem Cravens Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-mulhollem-cravens-foundation-morg_9d7c6b74c35c40858bbe8f3827f75aba
BibTeX
@misc{grantable_203835578_2026,
author = {{Grantable}},
title = {{The Mulhollem Cravens Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-mulhollem-cravens-foundation-morg_9d7c6b74c35c40858bbe8f3827f75aba},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Mulhollem Cravens Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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