Trim Masters Charitable Foundation Inc

Foundation · Grantmaker DANVILLE, KY EIN: 61-1225606

Trim Masters Charitable Foundation Inc is a private foundation focused on Youth Development, based in DANVILLE, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 28 grants totaling $85K. Net investment income was $83K.

Key facts about Trim Masters Charitable Foundation Inc

EIN: 61-1225606
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $84,900
Grants made (2025): 28
Average grant: $3,032
Median grant: $2,500
New grantees (estimate): 11% first-time grantees (3 of 28, 2025)
Total assets: $1,169,657
Primary geography: Kentucky (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Trim Masters Charitable Foundation Inc funds

By grant dollars, the top recipient states for Trim Masters Charitable Foundation Inc's 28 itemized 2025 grants were Kentucky (100%). The most frequent recipient cities were Danville, KY (15 grants), Bardstown, KY (6 grants) and Harrodsburg, KY (3 grants). None of its 28 grants with a stated purpose were described as general or operating support. Recurring purposes include "Project Graduation" (3 grants).

Is Trim Masters Charitable Foundation Inc open to new grantees?

11%

first-time grantees, 2025

In 2025, 3 of 28 grantees (11%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $2K first-time, $3K repeat.

68% of 2025 grantees were also funded in 2024. Method
Giving grew 25% from 2022 to 2025. Method
In 2025 it paid out 150% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.2M

-1.5% YoY

Annual Giving

$85K

-5.7% YoY

Grant Count

-6.7% YoY

Avg Grant Size

$3K

+1.1% YoY

Under IRS private-foundation payout rules, Trim Masters Charitable Foundation Inc reported a distributable amount of $66K for 2025 — the minimum it must pay out in qualifying distributions.

About Trim Masters Charitable Foundation Inc

Based on IRS filings

Focus Areas

Youth Development

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $85K (100%)

Share of all 28 itemized 2025 grant dollars.

States

Kentucky

Cities

DanvilleBardstownHarrodsburgTaylorsvilleFrankfortLexingtonPerryvilleElizabethtownMt Washington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,169,657	$1,187,851	$1,229,508
Revenue	$89,096	$67,925	$86,249
Expenses	$107,290	$109,582	$99,957
Qualifying Distributions	$99,821	$102,262	$92,806
Net Investment Income	$82,538	$61,802	$80,175
Distributable Amount	$66,365	$65,431	$64,161

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2021–2025

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 2025

Grant Size Distribution

137 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Thomas Nelson High School ($7,000), The Gladys Project ($6,000), Tri-county United Way ($6,000).

Recipient	Purpose	Amount
THOMAS NELSON HIGH SCHOOL BARDSTOWN, KY	PROJECT GRADUATION AND BASKETBALL PROGRAM SUPPORT	$7,000
THE GLADYS PROJECT DANVILLE, KY	SUPPORT OF KINDERGARTEN READINESS PROGRAM "READY SET GO PRESCHOOL"	$6,000
TRI-COUNTY UNITED WAY BARDSTOWN, KY	MATCHING FUNDS FOR HARRODSBURG ANNUAL CAMPAIGN	$6,000
HEART OF KENTUCKY UNITED WAY DANVILLE, KY	MATCHING FUNDS FOR BARDSTOWN ANNUAL CAMPAIGN, LAUGH UNITED 2025, SUPPORT FOR DAY OF CARING	$5,500
DISTINGUISHED YOUNG WOMEN OF BOYLE COUNTY DANVILLE, KY	SENIOR WOMEN SCHOLARSHIP PROGRAMS	$5,000
MERCER COUNTY COMMUNITY ENDOWMENT HARRODSBURG, KY	IMPROVING, ECONOMIC LEVEL, HEALTH & OVERALL QUALITY OF LIFE FOR CITIZENS OF MERCER CO.	$5,000
NORTON CENTER FOR THE ARTS - CENTRE COLLEGE DANVILLE, KY	ARTS FOR CLASSROOM SUBSIDIES FOR OVER 25,000 STUDENTS	$5,000
SALVATION ARMY DANVILLE, KY	SUMMER CAMPS FOR CHILDREN	$5,000
SPENCER COUNTY HABITAT FOR HUMANITY TAYLORSVILLE, KY	NEW HABITAT HOME SUPPORT	$5,000
SUNRISE CHILDREN'S SERVICES DANVILLE, KY	FACILITY RENOVATIONS	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Name	Title	Hours	Compensation
Dale Kihlman	President	2	$11,631
Steve Hesselbrock	Vice-President	0.25	—
Larry Carter	Director	0.25	—
Julie Mullins	Director	0.25	—
Scarlett Ingram	Secretary / Treasurer	1	—
Lorrie Collier	Director	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Youth Development

Frequently Asked Questions

What is Trim Masters Charitable Foundation Inc?

Trim Masters Charitable Foundation Inc is a private foundation focused on Youth Development, based in DANVILLE, KY. It holds $1.2M in total assets as of 2025.

How large is Trim Masters Charitable Foundation Inc?

As of 2025, Trim Masters Charitable Foundation Inc holds $1.2M in total assets with $89K in annual revenue. It awarded 28 grants totaling $85K in 2025.

Where does Trim Masters Charitable Foundation Inc operate?

Trim Masters Charitable Foundation Inc has awarded grants in Kentucky.

What size grants does Trim Masters Charitable Foundation Inc award?

In 2025, Trim Masters Charitable Foundation Inc awarded 28 grants totaling $85K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Trim Masters Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Trim Masters Charitable Foundation Inc reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Trim Masters Charitable Foundation Inc's EIN?

Trim Masters Charitable Foundation Inc's EIN (Employer Identification Number) is 61-1225606. IRS Form 990 filing data is available on this page for 2021–2025.