Funds preselected organizations onlyPhilanthropy and grantmaking149 grants on file · $42.6M · FY2016–2024IRS 990-PF · FY2024
Can I apply?
Funds preselected organizations only
The funder's latest Form 990-PF says it gives only to organizations it has already chosen and does not accept unsolicited requests. An introduction is usually the only route.
How to apply
Deadlines
Restrictions
Application policy: Funds preselected organizations only, as stated on the FY2024 return.
What its returns show
Stated the same way on all 9 Form 990-PF returns on record (FY2016 to FY2024).
On its FY2024 Form 990-PF return this foundation listed grants to 20 named recipients.
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
This is a count from past returns. It does not say the foundation will consider a new request. How it is counted: names are compared as written on the returns, without "The" at the start, without endings such as "Inc" or "LLC", and without spaces and punctuation. A recipient also counts as already listed when our records link it to the same organization as an earlier recipient, or when its name is almost the same as an earlier name (a trigram similarity of 0.8 or more, where 1 means identical). The state on the grant row is not compared. Grants that the foundation marked as paid to an individual, such as a scholarship, are left out of both numbers, and no count is shown when most of its grants are marked that way. A person whom the foundation did not mark as an individual is still counted as a recipient. A recipient can still look new when its name is written very differently from year to year, and two different recipients with almost the same name can be counted as one.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Financials
Giving
$7.6M
FY2024 · qualifying distributions
Total assets
$146.2M
FY2024 · end of year
Revenue
$30.4M
FY2024
Expenses
$12.8M
FY2024
Giving by year
Total assets by year
Year
Form
Revenue
Expenses
Giving
Assets
Net assets
FY2024
990-PF
$30,417,393
$12,810,467
$7,605,756
$146,153,975
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
What they fund
Recipient focus areas
Education$11.8M · 19
Public and societal benefit$905K · 7
Community improvement$552K · 2
Human services$310K · 4
Religion$210K · 2
Arts and culture$1,000 · 1
Where recipients are
KY$32.8M · 67
OK$5.9M · 53
DC$2.1M · 8
TX$1.6M · 11
FL$100K · 1
NY$50K · 2
AZ$50K · 1
WV$40K · 4
Based on the 30% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
Grants paid
149 on file
Recipient
Purpose
Amount
Year
Source
ALICE LLOYD COLLEGEMatched to this organization because 20 grant-making charities wrote this name with its EIN. Source: Schedule I of their Form 990 returns, fiscal years 2020 to 2025. Counted Oct 9, 2026.PIPPA PASSES, KY
CHARITABLE
$2,500,000
2023
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed. Some links come from other funders' returns: when three or more of them wrote the same name and state with one EIN, and the city on this row matches, we use that EIN. The name on this row is still shown as this funder wrote it.
Officers and directors
Name
Title
Hours / week
Compensation
Joseph W Craft Iii
Trustee
2.00
$0
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
$146,153,975
FY2023
990-PF
$23,470,885
$12,775,797
$6,953,561
$129,727,384
$129,727,384
FY2022
990-PF
$22,976,192
$12,757,962
$5,121,563
$122,082,052
$122,082,052
FY2021
990-PF
$19,434,208
$11,776,699
$5,357,359
$111,776,138
$111,776,138
FY2020
990-PF
$5,548,954
$8,647,793
$3,226,476
$104,051,210
$104,051,210
FY2019
990-PF
$13,770,647
$14,542,147
$5,525,829
$107,043,900
$107,043,900
FY2018
990-PF
$51,295,049
$3,213,316
$3,000,542
$107,799,095
$107,799,095
FY2017
990-PF
$3,596,626
$3,257,001
$3,075,687
$59,665,436
$59,665,436
FY2016
990-PF
$5,101,964
$3,446,757
$3,220,553
$59,249,000
$59,249,000
ALICE LLOYD COLLEGEMatched to this organization because 20 grant-making charities wrote this name with its EIN. Source: Schedule I of their Form 990 returns, fiscal years 2020 to 2025. Counted Oct 9, 2026.PIPPA PASSES, KY
CHARITABLE
$2,000,000
2019
UNIVERSITY OF KENTUCKYLEXINGTON, KY
CHARITABLE
$2,000,000
2019
FOUNDATION FOR APPALACHIA KENTUCKYHAZARD, KY
CHARITABLE
$1,910,000
2022
FOUNDATION FOR APPALACHIAN KENTUCKYHAZARD, KY
CHARITABLE
$1,675,000
2023
ALICE LLOYD COLLEGEMatched to this organization because 20 grant-making charities wrote this name with its EIN. Source: Schedule I of their Form 990 returns, fiscal years 2020 to 2025. Counted Oct 9, 2026.PIPPA PASSES, KY
CHARITABLE
$1,500,000
2016
ALICE LLOYD COLLEGEMatched to this organization because 20 grant-making charities wrote this name with its EIN. Source: Schedule I of their Form 990 returns, fiscal years 2020 to 2025. Counted Oct 9, 2026.PIPPA PASSES, KY
CHARITABLE
$1,500,000
2017
MSU FOUNDATIONMOREHEAD, KY
CHARITABLE
$1,320,000
2024
SOAR SHAPING OUR APPALACHIAN REGIONPIKEVILLE, KY
CHARITABLE
$1,312,500
2024
UNIVERSITY OF KENTUCKYLEXINGTON, KY
CHARITABLE
$1,120,000
2021
ALICE LLOYD COLLEGEMatched to this organization because 20 grant-making charities wrote this name with its EIN. Source: Schedule I of their Form 990 returns, fiscal years 2020 to 2025. Counted Oct 9, 2026.PIPPA PASSES, KY
CHARITABLE
$1,000,000
2018
ALICE LLOYD COLLEGEMatched to this organization because 20 grant-making charities wrote this name with its EIN. Source: Schedule I of their Form 990 returns, fiscal years 2020 to 2025. Counted Oct 9, 2026.PIPPA PASSES, KY