The Mulhollem Cravens Foundation
The Mulhollem Cravens Foundation is a private foundation established in 2005, based in Carlisle, Kentucky. The foundation operates with no staff and focuses on furthering the missions of its grantees across various sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+6.1% YoY
Annual Giving
$470K
-19.4% YoY
Grant Count
19
-13.6% YoY
Avg Grant Size
$25K
-6.7% YoY
Mission & Focus Areas
The foundation's primary approach is to provide grants that further the mission of the donee organizations. Based on recent grantmaking activity, the foundation supports organizations working in the arts, social services, and community development sectors.
Grantmaking
The foundation made 14 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Kentucky, with a particular emphasis on the Carlisle area and surrounding regions including Lexington.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $1,802,539
- Total Revenues: $603,307
- Total Expenses: $489,113
- Total Grants, Contributions, etc.: $220,304
- Investment Income and Dividends: $56,895
Year-over-Year Changes (2023-2024):
- Grants and contributions increased 30% ($220,304 vs. $169,419)
- Investment income increased 13.7% ($56,895 vs. $50,042)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,802,539 | $1,698,803 | $1,860,351 |
| Revenue | $603,307 | $440,796 | $675,133 |
| Expenses | $489,113 | $610,973 | $507,814 |
| Qualifying Distributions | $470,315 | $583,515 | $484,015 |
| Net Investment Income | $366,217 | $253,324 | $403,228 |
| Distributable Amount | $95,555 | $93,061 | $92,820 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL B MULHOLLEM JR | DIRECTOR | — | — |
| VALERIE K CRAVENS | DIRECTOR | — | — |
| SYLVIA J CRAVENS | DIRECTOR | — | — |
Contact Information
Address: PO Box 192, Carlisle, KY 40311-0192
Telephone: 312-298-2000
EIN: 20-3835578
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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