Marksbury Family Foundation Inc

Organization Overview

Marksbury Family Foundation Inc is located in Nicholasville, KY. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marksbury 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 12/2022, Marksbury Family Foundation Inc generated $589.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $909.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Marksbury Family Foundation Inc has awarded 53 individual grants totaling $4,540,981. 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)Compensation
Davis L Marksbury Jr
Chairman
$0
Beverly E Marksbury
Treasurer/secretary
$0
Stacie Marksbury
Director
$0
Davis L Marksbury III
Director
$0
Doris G Marksbury
Director
$0
Logan Marksbury
Executive Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $9,127
Interest on Savings $3,409
Dividends & Interest $577,786
Net Rental Income$0
Net Gain on Sale of Assets -$406
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $589,916

Grants Awarded

Over the last fiscal year, Marksbury Family Foundation Inc has awarded $892,034 in support to 5 organizations.

Grant RecipientAmount

BLUEGRASS COMMUNITY FOUNDATION

PURPOSE: DONATION TO ENHANCE QUALITY OF LIFE IN THE BLUEGRASS REGION

$417,000

KEENSTARTKENTUCKY ENTREPRENEURSHIP EDUCATION

PURPOSE: DONATION TO AID STUDENTS IN THEIR JOURNEY TOWARDS BECOMING ENTREPRENEURS AND KEY BUSINESS LEADERS IN COMMUNITIES ACROSS KENTUCKY

$50,000

LEXINGTON HEARING & SPEECH CENTER

PURPOSE: DONATION TO PROVIDE SERVICES FOR HEARING, SPEECH, AND LANGUAGE IMPAIRED INDIVIDUALS

$75,000

NURSE FAMILY PARTNERSHIP

PURPOSE: DONATION TO POSITIVELY TRANSFORM THE LIVES OF VULNERABLE BABIES, MOTHERS AND FAMILIES

$50,034

LEXINGTON PUBLIC LIBRARY FOUNDATION

PURPOSE: CAPITAL CAMPAIGN PLEDGE OF $300K OVER SIX YEARS TO REBUILD A LIBRARY BRANCH

$300,000
View Grant Profile

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