Trim Masters Charitable Foundation Inc

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.

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

Ready to take the next step with Trim Masters Charitable Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $396K (100%)

States

Kentucky

Cities

BardstownDanvilleElizabethtownFrankfortHarrodsburgLexingtonMt WashingtonPerryvilleTaylorsville

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

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 include Thomas Nelson High School ($7,000), The Gladys Project ($6,000), Tri-county United Way ($6,000).

Recipient	Purpose	Amount
BETHANY HAVEN BARDSTOWN, KY	SPONSORSHIP OF GOLF SCRAMBLE FUNDRAISER	$3,000
BETHLEHEM HIGH SCHOOL BARDSTOWN, KY	2025 PROJECT GRADUATION AND CANCER PATIENT SUPPORT	$2,000
BOYLE COUNTY HIGH SCHOOL DANVILLE, KY	PROJECT GRADUATION	$1,000
CAMP HORSING AROUND PERRYVILLE, KY	OUTDOOR CAMP ADVENTURE FOR SPECIAL NEEDS CHILDREN OR COMPROMISED HEALTH	$1,000
COURT APPOINTED SPECIAL ADVOCATE OF THE BLUEGRASS DANVILLE, KY	ADVOCATING FOR NEEDS OF ABUSED OR NEGLECTED CHILDREN	$2,000
DANVILLE BOYLE COUNTY HUMANE SOCIETY DANVILLE, KY	ANNUAL POINTS FOR PETS FUNDRAISER	$1,000
DANVILLE HIGH SCHOOL PROJECT GRADUATION DANVILLE, KY	PROJECT GRADUATION	$1,000
DISTINGUISHED YOUNG WOMEN OF BOYLE COUNTY DANVILLE, KY	SENIOR WOMEN SCHOLARSHIP PROGRAMS	$5,000
GREAT AMERICAN BRASS BAND FESTIVAL DANVILLE, KY	BRASS BAND FESTIVAL 2025	$1,500
HAVEN CARE CENTER DANVILLE, KY	GOLF SCRAMBLE SPONSORSHIPSPONSORSHIP OF GOLF SCRAMBLE	$800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 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.