Tom Musselman Foundation Inc
Tom Musselman Foundation Inc is a private foundation based in Louisville, Kentucky. Its 2024 filing reports grants to organizations supporting parish ministries, education and tuition assistance, food access, disaster relief, and other activities.
Tom Musselman Foundation Inc at a glance
In short: Tom Musselman Foundation Inc gave $739K across 22 grants in 2024 (avg $34K), mostly in Kentucky. 36% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $739,482
- +125.5% vs 2023
- Grants made (2024)
- 22
- +15.8% vs 2023
- Average grant
- $33,613
- +94.7% vs 2023
- Median grant
- $7,500
- Total assets
- $1,507,768
- +23.0% vs 2023
- New grantees (estimate)
- 36% first-time grantees (8 of 22, 2024; small sample)
- Primary geography
- Kentucky (94% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Tom Musselman Foundation Inc
- How to Apply
-
The filing names Thomas A. Musselman Sr. as the contact. It states that there is no application form at this time and no restrictions or limitations on grant awards.
- Review Cycle
- The filing states there are no grant submission deadlines.
- Deadline
- The filing states there are no grant submission deadlines.
- Contact
Application contact: Thomas A Musselman Sr
Mailing address: C/O Tom Musselman Foundation Inc, 1055 Alta Vista Rd, Louisville, KY 40205
Phone: (502) 899-9991
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Tom Musselman Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was St Francis of Assisi Church ($211K). Together the top 10 received $693K.
Grant Size Distribution
94 grants across all recorded years
The most common grant size was under $50K: 85 grants of 94 (90%).
Geographic Focus
Where this funder awards grants
In 2024, 94% of grant dollars went to recipients in Kentucky. The remaining reported shares went to recipients in Washington, DC (2%), Florida (2%), Colorado (1%), and Connecticut (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
States
Cities
Is Tom Musselman Foundation Inc open to new grantees?
36%
first-time grantees, 2024
In 2024, 8 of 22 grantees (36%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $5K; repeat grants $50K. How we count
Medians: $4K first-time, $11K repeat.
- 55% of 2024 grantees were also funded in 2023. Method
- Giving grew 263% from 2021 to 2024. Method
- In 2024 it paid out well above 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $204K (2021) to $739K (2024). In 2024 it made 22 grants totaling $739K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Francis of Assisi Church Louisville, KY | To build community and provide funds for parish ministries | $211,000 |
| University of Louisville Louisville, KY | To Provide Funds for Scholarships and Golf Activities | $182,500 |
| Sacred Heart Academy Louisville, KY | To provide funds for academic programs and extracurricular activities for young women | $160,000 |
| St Xavier High School Louisville, KY | To provide funds for academic programs and extracurricular activities for young men | $52,000 |
| Dare to Care Food Bank Louisville, KY | To provide food to the hungry in the community | $25,000 |
| Pitt Academy Louisville, KY | To Provide Funds for Tuition Assistance to Students | $16,432 |
| The American Red Cross Washington, DC | To Provide Funds for Disaster Relief | $12,500 |
| Catholic Education Foundation Louisville, KY | To provide funds for tuition assistance to catholic school families | $12,000 |
| The Center for Great Apes Wauchula, FL | To provide sancuary for great apes who have been rescued or retired | $12,000 |
| Archdioceese of Louisville Louisville, KY | To provide funds to be used at churches in the louisville area | $10,000 |
Ready to take the next step with Tom Musselman Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,507,768 | $1,564,573 | $756,198 | $739,482 | 22 | $744,738 | $646,317 | $51,952 |
| 2023 | $1,225,468 | $595,407 | $338,741 | $328,000 | 19 | $330,440 | $28,712 | $53,678 |
| 2022 | $968,802 | $879,714 | $216,972 | $212,500 | 24 | $214,261 | $301,510 | $35,928 |
| 2021 | $645,329 | $276,385 | $206,580 | $203,500 | 16 | $204,997 | $101,778 | $26,166 |
| 2020 | $575,524 | $1,910 | $217,931 | $205,800 | 13 | — | — | $30,998 |
Under IRS private-foundation payout rules, Tom Musselman Foundation Inc reported a distributable amount of $52K for 2024 — 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 mission statement for the foundation is provided. Its 2024 grants included support for parish ministries and churches, academic and extracurricular programs, scholarships, tuition assistance, food assistance, disaster relief, and sanctuary for rescued or retired great apes.
Among its grantees, Pitt Academy describes its mission as providing a supportive learning environment for children with learning and communication disabilities. The Catholic Education Foundation says it primarily advances Catholic education through tuition assistance for families who cannot afford full tuition. CSZ Foundation says its main focus is supporting people recovering from addiction.
Grantmaking
In 2024, the foundation reported 22 grants totaling $739,482. Grant amounts ranged from $50 to $211,000, with a median grant of $7,500. The largest awards included $211,000 to St. Francis of Assisi Church for community-building and parish ministries; $182,500 to the University of Louisville for scholarships and golf activities; $160,000 to Sacred Heart Academy for academic programs and extracurricular activities; and $52,000 to St. Xavier High School for academic programs and extracurricular activities. Other reported grants included $25,000 to Dare to Care Food Bank for food assistance and $16,432 to Pitt Academy for tuition assistance.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Thomas A. Musselman Sr. as president and director, Chester Musselman as secretary and director, and Sharron Musselman-Marcum as treasurer and director.
Tom Musselman Foundation Inc is led by Thomas A. Musselman Sr., President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Thomas A. Musselman Sr.
President & Director
On filings since 2020
0.1 hrs/week
No compensation reported
Chester Musselman
Secretary & Director
On filings since 2020
0.1 hrs/week
No compensation reported
Sharron Musselman-Marcum
Treasurer & Director
On filings since 2020
0.1 hrs/week
No compensation reported
Former officers (1)
- Former: Thomas A. Musselman Jr. (2020) — Treasurer
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.
Frequently asked questions about Tom Musselman Foundation Inc
How much does Tom Musselman Foundation Inc give each year?
Tom Musselman Foundation Inc gave $739K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $328K across 19 grants.
What is Tom Musselman Foundation Inc's typical grant size?
Tom Musselman Foundation Inc's median grant in 2024 was $7,500, and its average grant was $33,613, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Tom Musselman Foundation Inc that year got $5K on average.
Where does Tom Musselman Foundation Inc give grants?
Tom Musselman Foundation Inc gives mostly in Kentucky: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (15 grants) and Washington, DC (2 grants).
Does Tom Musselman Foundation Inc give general operating support?
Yes: 18% of Tom Musselman Foundation Inc's 2024 grants with a stated purpose (4 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Tom Musselman Foundation Inc's largest grantees?
Tom Musselman Foundation Inc's largest 2024 grantees include St Francis of Assisi Church ($211,000), University of Louisville ($182,500) and Sacred Heart Academy ($160,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is Tom Musselman Foundation Inc?
Tom Musselman Foundation Inc reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $745K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).
What does Tom Musselman Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for parish ministries and churches, academic and extracurricular programs, scholarships, tuition assistance, food assistance, disaster relief, and sanctuary for rescued or retired great apes. See mission & focus areas ↑
How do I apply for a grant from Tom Musselman Foundation Inc?
The filing names Thomas A. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Tom Musselman Foundation Inc's EIN?
Tom Musselman Foundation Inc's EIN (Employer Identification Number) is 26-1324568. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Tom Musselman Foundation Inc funds
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Cite this profile
Grantable. (2026). Tom Musselman Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/tom-musselman-foundation-inc-morg_23f257848e594bc38928fe3c1b15dc0d
BibTeX
@misc{grantable_261324568_2026,
author = {{Grantable}},
title = {{Tom Musselman Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/tom-musselman-foundation-inc-morg_23f257848e594bc38928fe3c1b15dc0d},
note = {Accessed 2026-10-17. 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 Tom Musselman Foundation Inc'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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