Wheeler Charitable Trust Foundation

Foundation · Grantmaker Covington, KY EIN: 30-0178631

Wheeler Charitable Trust Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Covington, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $802K in total assets. In 2024, it awarded 6 grants totaling $42K. Net investment income was $51K.

Key facts about Wheeler Charitable Trust Foundation

EIN: 30-0178631
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $42,000
Grants made (2024): 6
Average grant: $7,000
Median grant: $6,250
Total assets: $802,237
Primary geography: Kentucky (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Wheeler Charitable Trust Foundation funds

By grant dollars, the top recipient states for Wheeler Charitable Trust Foundation's 6 itemized 2024 grants were Kentucky (100%). The most frequent recipient cities were Highland Heights, KY (3 grants) and Alexandria, KY (2 grants). 67% of grants with a stated purpose were for general or operating support.

How Wheeler Charitable Trust Foundation gives

Giving fell 28% from 2021 to 2024. Method
In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Next steps with Wheeler Charitable Trust Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$802K

+0.9% YoY

Annual Giving

$42K

-3.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

-3.4% YoY

Under IRS private-foundation payout rules, Wheeler Charitable Trust Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.

About Wheeler Charitable Trust Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $42K (100%)

Share of all 6 itemized 2024 grant dollars.

States

Kentucky

Cities

Highland HeightsAlexandriaVersailles

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$802,237	$794,948	$814,114
Revenue	$37,957	$35,216	$31,943
Expenses	$58,198	$62,070	$81,257
Qualifying Distributions	$42,000	$43,500	$63,000
Net Investment Income	$51,235	$32,335	$18,636
Distributable Amount	$42,830	$42,029	$43,784

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

30 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Alexandria Community Church ($17,500), Asbury Methodist Church ($9,000), Grant's Lick Baptist Church ($9,000).

Recipient	Purpose	Amount
ALEXANDRIA COMMUNITY CHURCH Alexandria, KY	GENERAL PURPOSES	$17,500
ASBURY METHODIST CHURCH Highland Heights, KY	GENERAL PURPOSES	$9,000
GRANT'S LICK BAPTIST CHURCH Alexandria, KY	GENERAL PURPOSES	$9,000
NORTHERN KENTUCKY UNIVERSITY Highland Heights, KY	SCHOLARSHIPS	$3,500
NKU WESLEY FOUNDATION Highland Heights, KY	GENERAL PURPOSES	$1,500
THE KENTUCKY UNITED METHODIST HOME Versailles, KY	CHILDRENS HOME	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
David Whitehouse	Trustee	0.5	$2,000
James W Morgan Jr	Trustee	0.5	$2,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Wheeler Charitable Trust Foundation?

Wheeler Charitable Trust Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Covington, KY. It holds $802K in total assets as of 2024.

How large is Wheeler Charitable Trust Foundation?

As of 2024, Wheeler Charitable Trust Foundation holds $802K in total assets with $38K in annual revenue. It awarded 6 grants totaling $42K in 2024.

Where does Wheeler Charitable Trust Foundation operate?

Wheeler Charitable Trust Foundation has awarded grants in Kentucky.

What size grants does Wheeler Charitable Trust Foundation award?

In 2024, Wheeler Charitable Trust Foundation awarded 6 grants totaling $42K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Wheeler Charitable Trust Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wheeler Charitable Trust Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wheeler Charitable Trust Foundation's EIN?

Wheeler Charitable Trust Foundation's EIN (Employer Identification Number) is 30-0178631. IRS Form 990 filing data is available on this page for 2020–2024.