Trustees of the Augusta Free

Private foundation · Grantmaker Augusta, GA EIN: 58-6073259

Trustees of the Augusta Free is a private foundation, based in Augusta, GA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $841K in total assets. In 2025, it awarded 6 grants totaling $45K. Net investment income was $10K.

Key facts about Trustees of the Augusta Free

In short: Trustees of the Augusta Free gave $45K across 6 grants in 2025 (avg $8K), mostly in Georgia. Source: 2025 IRS Form 990-PF.

EIN
58-6073259
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$45,453
Grants made (2025)
6
Average grant
$7,576
Median grant
$5,983
Total assets
$841,458
Primary geography
Georgia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$841K

+4.7% YoY

Annual Giving

$45K

+19.6% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$8K

+39.5% YoY

Under IRS private-foundation payout rules, Trustees of the Augusta Free reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.

How Trustees of the Augusta Free gives

  • Giving held roughly steady from 2022 to 2025 (−15%). Method
  • In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 6 itemized grants.

States

Cities

Augusta

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants2021 7 grants2022 6 grants2023 7 grants2024 6 grants2025

From 2021 to 2025, annual grant giving ranged from $29K (2023) to $54K (2022). In 2025 it made 6 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Heritage Academy: $19KHeritage Academy$19KTuttle Newton Home: $8KTuttle Newton Home$8KApparo Academy: $8KApparo Academy$8KBoys Girls Club: $4KBoys Girls Club$4KChristian Learning Centers: $4KChristian Learning Centers$4KRise Augusta: $3KRise Augusta$3K

The largest 2025 recipient was Heritage Academy ($19K). Together the top 6 received $45K.

Grant Size Distribution

33 grants across all recorded years

33<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 33 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Heritage Academy Augusta, GAEducation$19,155
Tuttle Newton Home Augusta, GAEducation$7,644
Apparo Academy Augusta, GAEducation$7,644
Boys Girls Club Augusta, GACharacter Development$4,322
Christian Learning Centers Augusta, GAEducation$3,822
Rise Augusta Augusta, GAEducation/Basic Needs$2,866

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$841,458$803,853$739,172
Revenue$100,898$56,679$12,291
Expenses$61,251$52,510$44,767
Qualifying Distributions$45,453$38,000$29,300
Net Investment Income$9,833$46,674$2,717
Distributable Amount$41,101$37,701$36,789

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Trustees of the Augusta Free is led by Jay Forrester, President on every filing since 2021; none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jay Forrester

    President

    On filings since 2021

    No compensation reported

  • Bill Thompson

    Trustee

    On filings since 2021

    No compensation reported

  • Carrie Hodge

    Trustee

    On filings since 2021

    No compensation reported

  • Charlie Anderson

    Trustee

    On filings since 2021

    No compensation reported

  • David Jones

    Trustee

    On filings since 2021

    No compensation reported

  • Doug Cates

    Trustee

    On filings since 2021

    No compensation reported

  • Levi Hill IV

    Trustee

    On filings since 2021

    No compensation reported

  • Tom Blanchard III

    Trustee

    On filings since 2021

    No compensation reported

  • Stanley E. Martin

    Secretary

    On filings since 2021

    No compensation reported

Former officers (1)
  • Former: Dickie Boardman (2021–2023) — Trustee

Data from IRS Form 990 filings, 2021–2025. "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 Trustees of the Augusta Free

How much does Trustees of the Augusta Free give each year?

Trustees of the Augusta Free gave $45K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $38K across 7 grants.

What is Trustees of the Augusta Free's typical grant size?

Trustees of the Augusta Free's median grant in 2025 was $5,983, and its average grant was $7,576, across 6 grants on its 2025 IRS Form 990-PF.

Where does Trustees of the Augusta Free give grants?

Trustees of the Augusta Free gives mostly in Georgia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Augusta, GA (6 grants).

Does Trustees of the Augusta Free give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Trustees of the Augusta Free's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (4 grants).

Who are Trustees of the Augusta Free's largest grantees?

Trustees of the Augusta Free's largest 2025 grantees include Heritage Academy ($19,155), Tuttle Newton Home ($7,644) and Apparo Academy ($7,644), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.

How large is Trustees of the Augusta Free?

Trustees of the Augusta Free reported $841K in total assets on its 2025 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).

What is Trustees of the Augusta Free's EIN?

Trustees of the Augusta Free's EIN (Employer Identification Number) is 58-6073259. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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