Trager Family Foundation Inc
- Assets
- $14.4m
- Revenue
- $690.0k
- Investments
- $12.9m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 61-1337078
Organization Overview
Trager Family Foundation Inc is located in Louisville, KY. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trager Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Trager Family Foundation Inc generated $690.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Trager Family Foundation Inc has awarded 78 individual grants totaling $9,225,833. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Trager Director | 1 | $0 | |
Shelley Trager Director | 1 | $0 | |
Steven E Trager President | 1 | $0 | |
Jean S Trager Treasurer/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $607,168 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,581 |
| Capital Gain Net Income | $82,581 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $251 |
| Total Revenue | $690,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,588 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,029 |
| Total operating and administrative expenses | $38,415 |
| Contributions, gifts, grants paid | $5,328,893 |
| Total expenses and disbursements | $5,367,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,457,997 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,012,741 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,353,142 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Trager Family Foundation Inc has awarded $5,328,893 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: ORGANIZATIONAL OPERATIONS | $4,752,900 |
Louisville, KY PURPOSE: ORGANIZATIONAL OPERATIONS | $375,000 |
UNIVERSITY OF LOUISVILLE ATHLETIC ASSOCIATION PURPOSE: ORGANIZATIONAL OPERATIONS | $50,000 |
UNITED JEWISH CAMPAIGN PURPOSE: ORGANIZATIONAL OPERATIONS | $26,173 |
Louisville, KY PURPOSE: ORGANIZATIONAL OPERATIONS | $20,000 |
Louisville, KY PURPOSE: ORGANIZATIONAL OPERATIONS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |