Trustees of the Augusta Free
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
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was Heritage Academy ($19K). Together the top 6 received $45K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 33 grants of 33 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Heritage Academy Augusta, GA | Education | $19,155 |
| Tuttle Newton Home Augusta, GA | Education | $7,644 |
| Apparo Academy Augusta, GA | Education | $7,644 |
| Boys Girls Club Augusta, GA | Character Development | $4,322 |
| Christian Learning Centers Augusta, GA | Education | $3,822 |
| Rise Augusta Augusta, GA | Education/Basic Needs | $2,866 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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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