Bluegrass Charity Foundation Inc

The information for Bluegrass Charity Foundation Inc is as of the organization's most recent filing in December 2020. This organization is located in Lexington, KY and has been in existence for 45 years since it was founded in 1975.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Bluegrass Charity Foundation Inc's NTEE code is T70. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "70" tells us that the organization is a Federated Giving Program. The NTEE describes Federated Giving Programs as organizations that administer centralized fundraising efforts and then in turn distribute the contributed funds to several nonprofit agencies. Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Program Areas

The organization has provided grants to eleven local non-profit organizations in order to support their mission and goals.

Organization Growth

The Bluegrass Charity Foundation Inc's total revenue decreased over the time period from 2018 to 2020. In 2018, the organization had total revenue of $55.6K, whereas in 2020, total revenue had decreased to $49.3K. This suggests that the organization did not experience growth over this time period.