Frances N Alden Charitable Tr

Tax-deductible

Louisville, KY501(c)(3)EIN 86-6493305Revenue $5.8M in FY2025

On file with the IRSPo Box 32760, 40232-2760 · Louisville, KYTax-exempt since Dec 2021Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$150K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $13.3M a year · 82% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$150K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.8M
+132% vs prior year
Spent
$5.1M
Net assets
$45.5M
By yearFY2021–FY2025
Revenue
$5.8M
FY2025▲ +132%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.1M
FY2022$69.7M
FY2023$1.7M
FY2024$2.5M
FY2025$5.8M
Expenses
$5.1M
FY2025▲ +0.8%
Tap a bar for its year
Expenses by fiscal year
FY2021$2K
FY2022$1.4M
FY2023$2.8M
FY2024$5.1M
FY2025$5.1M
Net assets
$45.5M
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.1M
FY2022$48.5M
FY2023$47.0M
FY2024$44.8M
FY2025$45.5M

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 96% · $4.9M Operating & administrative 4% · $219K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990-PF; $150K paid to officers and key staff.

Part VII, Section A · reportable compensation
$150,364Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Baird Trust Company$150,364$141,693$123,562

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

A private foundation based in Louisville, KY.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 23 grants · $4.9M · 2025–2025
Home of the InnocentsFY2025$1,500,000
Louisville Free Public Library FdnFY2025$500,000
Historic Locust Grove INCFY2025$435,900
Speed Art MuseumFY2025$300,000
University of Louisville FoundationFY2025$300,000
Neuroplasticity AllianceFY2025$250,000
Hosparus INCFY2025$250,000
Individual RecipientFY2025$200,000
Kids Center for Pediatric TherapiesFY2025$200,000
Individual RecipientFY2025$150,000
Fund for the Arts INCFY2025$150,000
Individual RecipientFY2025$120,000
Individual RecipientFY2025$100,000
Louisville Collegiate SchoolFY2025$100,000
Community Foundation of LouisvilleFY2025$100,000
Dare to Care INCFY2025$100,000
Individual RecipientFY2025$50,000
HorseseningFY2025$35,000
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$213K
Median grantPart XV$120K
Largest grantPart XV$1.5M

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$5.8M
Investment income$4.9M
Gifts and grants$890K
Money out
$5.1M
Grants paid$4.9M
Running costs$219K
Owns and owes
$45.5M
net assets
Cash and savings$1.1M
Total assets$45.5M
Liabilities$0
People
1
listed
Paid1
2In more detail
Revenue in detail
Gifts and grants$890K
Investment income$4.9M
Total revenue$5.8M
Assets in detailEnd of year
Cash and savings together$1.1M
Total assets$45.5M
Liabilities$0
Net assets$45.5M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.8M$5.1M$676K$45.5M 990 PDF
FY2024 $2.5M$5.1M−$2.6M$44.8M 990 PDF
FY2023 $1.7M$2.8M−$1.1M$47.0M 990 PDF
FY2022 $69.7M$1.4M$68.4M$48.5M 990 PDF
FY2021 $1.1M$2K$1.1M$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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