The Owsley Brown III Philanthropic Found

Foundation · Grantmaker Louisville, KY EIN: 27-4432014

The Owsley Brown III Philanthropic Foundation is a private foundation based in Louisville, Kentucky, established in 2013. The organization operates as a 501(c)(3) tax-exempt entity dedicated to philanthropic grantmaking across multiple focus areas.

Key facts about The Owsley Brown III Philanthropic Found

EIN
27-4432014
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,710,992
Grants made (2024)
95
Average grant
$28,537
Median grant
$10,000
New grantees (estimate)
18% first-time grantees (12 of 67, 2024)
Total assets
$15,489,888
Primary geography
Kentucky (44% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Owsley Brown III Philanthropic Found funds

By grant dollars, the top recipient states for The Owsley Brown III Philanthropic Found's 95 itemized 2024 grants were Kentucky (44%), California (25%) and Iowa (11%). The most frequent recipient cities were Louisville, KY (20 grants), San Francisco, CA (16 grants), Half Moon Bay, CA (4 grants) and New York, NY (4 grants). 38% of grants with a stated purpose were for general or operating support. Recurring purposes include "Restricted Support" (53 grants).

Is The Owsley Brown III Philanthropic Found open to new grantees?

18%

first-time grantees, 2024

In 2024, 12 of 67 grantees (18%) were first-time recipients. First grants averaged $12K; repeat grants $47K. How we count

Medians: $10K first-time, $15K repeat.

  • 75% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−12%). Method
  • In 2024 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Owsley Brown III Philanthropic Found

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.5M

+64.1% YoY

Annual Giving

$2.7M

-14.7% YoY

Grant Count

95

-15.9% YoY

Avg Grant Size

$29K

+1.4% YoY

Under IRS private-foundation payout rules, The Owsley Brown III Philanthropic Found reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not maintain a publicly stated mission statement. However, its grantmaking priorities focus on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Science and STEM Education

Grantmaking

The foundation is an active grantmaker with the following characteristics:

Grant Range

** $489–$500,000

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Geographic Focus

Where this funder awards grants

Primary grantmaking activity occurs in:

  • California
  • Kentucky
  • New York

Grant Distribution by State

22states

Share of all 95 itemized 2024 grant dollars.

Cities

LouisvilleSan FranciscoBooneNew YorkBoulderSteamboat SpringsCrestoneSan RafaelHalf Moon BayLos AngelesBerkeleyMontecitoCharlottesvilleLondonMarionDavisRhinebeckAllentownMadisonWashington

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $9.44 million
  • Total Revenue: $2.45 million
  • Total Expenses: $3.28 million
  • Total Liabilities: $0

As of 2024:

  • Total Assets: $15,489,888
  • Total Giving: $2,710,992

The foundation maintains no debt and operates with positive financial positioning.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$15,489,888$9,441,429$10,262,614
Revenue$1,489,451$2,454,301$3,375,274
Expenses$2,847,593$3,275,486$3,364,508
Qualifying Distributions$2,797,267$3,225,417$3,327,154
Net Investment Income$1,472,879$2,436,557$1,694,898
Distributable Amount$2,073,864$2,797,924$3,175,406

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M95 grants2020142 grants2021133 grants2022113 grants202395 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Kentucky College of Art Design: $370K across 4 grantsKentucky College of Art Design$370K · 4 grantsParks Alliance of Louisville: $350K across 4 grantsParks Alliance of Louisville$350K · 4 grantsUniversity of Virginia: $304K across 2 grantsUniversity of Virginia$304K · 2 grantsSpeed Art Museum: $152K across 3 grantsSpeed Art Museum$152K · 3 grantsLouisville Orchestra: $150KLouisville Orchestra$150KPundarika Foundation: $105K across 2 grantsPundarika Foundation$105K · 2 grantsUniversity of Southern California: $101KUniversity of SouthernCalifornia$101KThacher School: $100KThacher School$100KSpecial Operations Services: $100K across 2 grantsSpecial Operations Services$100K · 2 grantsMaiden Voyage Productions: $82K across 4 grantsMaiden Voyage Productions$82K · 4 grants

Grant Size Distribution

578 grants across all recorded years

505<$50K32$50–100K35$100–250K4$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Kentucky College of Art Design ($370,336 across 4 grants), Parks Alliance of Louisville ($349,953 across 4 grants), University of Virginia ($303,539 across 2 grants).

RecipientPurposeAmount
PARKS ALLIANCE OF LOUISVILLE Louisville, KYRESTRICTED SUPPORT - STOCK CONTRIBUTION (SEE ATTACHED INFORMATION)$333,453
KENTUCKY COLLEGE OF ART DESIGN Louisville, KYGENERAL SUPPORT$200,336
UNIVERSITY OF VIRGINIA Boone, IARESTRICTED SUPPORT - STOCK CONTRIBUTION (SEE ATTACHED INFORMATION)$164,880
LOUISVILLE ORCHESTRA Louisville, KYGENERAL SUPPORT - STOCK CONTRIBUTION (SEE ATTACHED INFORMATION)$150,236
UNIVERSITY OF VIRGINIA Boone, IARESTRICTED SUPPORT - STOCK CONTRIBUTION (SEE ATTACHED INFORMATION)$138,659
SPEED ART MUSEUM Louisville, KYRESTRICTED SUPPORT - STOCK CONTRIBUTION (SEE ATTACHED INFORMATION)$115,763
UNIVERSITY OF SOUTHERN CALIFORNIA Los Angeles, CARESTRICTED SUPPORT - STOCK CONTRIBUTION (SEE ATTACHED INFORMATION)$100,601
THACHER SCHOOL Ojai, CARESTRICTED SUPPORT - STOCK CONTRIBUTION (SEE ATTACHED INFORMATION)$100,209
KENTUCKY COLLEGE OF ART DESIGN Louisville, KYGENERAL SUPPORT$100,000
PUNDARIKA FOUNDATION Crestone, CORESTRICTED SUPPORT$100,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by the following individuals:

  • Owsley Brown III — Director, President, and Secretary (0.5 hours/week)
  • Brooke Brown Barzun — Director (0.5 hours/week)
  • Augusta Brown Holland — Director (0.5 hours/week)
  • Christina Lee Brown — Director (0.5 hours/week)

Owsley Brown III is a documentary filmmaker and director of multiple nonprofit boards and foundations. He is a fifth-generation shareholder of Brown-Forman, the international spirits and wine company founded in 1870. He serves on numerous boards including the University of Virginia's Center for Contemplative Sciences, Center for Interfaith Relations, Mind and Life Institute, and currently serves as President of the Sustainable Food Alliance.

The Owsley Brown III Philanthropic Found is led by Owsley Brown III, Director, President & Secretary on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Owsley Brown III

    Director, President & Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Augusta Brown Holland

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Brooke Brown Barzun

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Christina Lee Brown

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Recent News & Activity

Recent developments and announcements

The foundation has demonstrated active grantmaking in recent years:

Committed $1 million to historic properties preservation in Louisville

Louisville, Owsley Brown Foundation commit $1 million to historic properties

Awarded $1 million grant to OneWest for West End revitalization efforts

OneWest gets $1M Brown Foundation grant for West End revitalization - Lane

Provided $1 million challenge donation to support park equity improvements in Louisville

Louisville, Owsley Brown Foundation commit $1 million to historic properties

The foundation is associated with the Owsley Brown II Center for Artistic Excellence, celebrated by the Fund for the Arts

Louisville, Owsley Brown Foundation commit $1 million to historic properties

Frequently Asked Questions

What does The Owsley Brown III Philanthropic Found fund?

The foundation does not maintain a publicly stated mission statement. However, its grantmaking priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education

How do I apply for a grant from The Owsley Brown III Philanthropic Found?

The foundation is an active grantmaker with the following characteristics: • **Total giving (2024):** $2,710,992 • **Typical grant range:** $489–$500,000 • **Grant median:** $11,000 • **Grant maximum:** $500,000 • **Number of grants (2022):** 113 grants distributed The foundation distributes grants across multiple states with particular concentration in California, Kentucky, and New York.

Where does The Owsley Brown III Philanthropic Found make grants?

Primary grantmaking activity occurs in: • California • Kentucky • New York

What size grants does The Owsley Brown III Philanthropic Found award?

In 2024, The Owsley Brown III Philanthropic Found awarded 95 grants totaling $2.7M — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is The Owsley Brown III Philanthropic Found required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Owsley Brown III Philanthropic Found reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Owsley Brown III Philanthropic Found's EIN?

The Owsley Brown III Philanthropic Found's EIN (Employer Identification Number) is 27-4432014. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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