The Mustard Seed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $2.1M. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+53.4% YoY
Annual Giving
$2.1M
+7.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.1M
+7.5% YoY
Under IRS private-foundation payout rules, The Mustard Seed Foundation reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.
About The Mustard Seed Foundation
Based on IRS filings
The Mustard Seed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $2.1M. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,383,857 | $901,892 | $964,134 |
| Revenue | $2,606,455 | $1,944,366 | $1,733,450 |
| Expenses | $2,124,490 | $2,006,608 | $1,640,982 |
| Qualifying Distributions | $2,124,490 | $2,006,608 | $1,640,982 |
| Net Investment Income | $11,520 | $8,936 | — |
| Distributable Amount | $56,127 | $45,827 | $45,207 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include College Ministry Support ($2,079,655).
| Recipient | Purpose | Amount |
|---|---|---|
| COLLEGE MINISTRY SUPPORT LEXINGTON, KY | MINISTRY TO COLLEGE STUDENTS ABROAD | $2,079,655 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN S SAWYER | DIRECTOR | 4 | — |
| RICK IFLAND | CHAIRMAN | 4 | — |
| ROBERT V SARTIN | DIRECTOR | 2 | — |
| THETFORD H CALLAHAN | DIRECTOR | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mustard Seed Foundation?
The Mustard Seed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. It holds $1.4M in total assets as of 2024.
How large is The Mustard Seed Foundation?
As of 2024, The Mustard Seed Foundation holds $1.4M in total assets with $2.6M in annual revenue. It awarded 1 grants totaling $2.1M in 2024.
Where does The Mustard Seed Foundation operate?
The Mustard Seed Foundation has awarded grants in Kentucky.
What size grants does The Mustard Seed Foundation award?
In 2024, The Mustard Seed Foundation awarded 1 grants totaling $2.1M — an average of about $2.1M per grant, based on its IRS Form 990 filings.
How much is The Mustard Seed Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mustard Seed Foundation reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mustard Seed Foundation's EIN?
The Mustard Seed Foundation's EIN (Employer Identification Number) is 61-1390910. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mustard Seed Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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