Community Foundation Of West Kentucky Inc

Organization Overview

Community Foundation Of West Kentucky Inc is located in Paducah, KY. The organization was established in 1996. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of West Kentucky Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of West Kentucky 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, Community Foundation Of West Kentucky Inc generated $11.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Community Foundation Of West Kentucky Inc has awarded 321 individual grants totaling $10,897,304. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE PHILANTHROPY AND PROVIDE GRANTS TO CHARITABLE, RELIGIOUS, EDUCATIONAL AND COMMUNITY PROGRAMS AND ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROMOTES THE ARTS IN ITS REGION THROUGH GRANTS TO PROGRAMS AND ORGANIZATIONS RELATED TO ARTS AND ENTERTAINMENT. OTHER AREAS SUPPORTED BY THE ORGANIZATION ARE MUSEUMS AND RELATED ENTITIES WHICH PROMOTE THE CIVIC WELFARE OF THE COMMUNITIES IN THE REGION SERVICED BY THE ORGANIZATION.


SOCIAL SERVICES, HOUSING AND EDUCATION HAVE BEEN THE FOCUS OF MUCH OF THE PROGRAM GRANTS FROM THE ORGANIZATION. BENEFITS SUPPORTED BY THE ORGANIZATION INCLUDE PROVIDING SHELTER, FOOD, PREGNANCY COUNSELING, AND JOB TRAINING FOR THE HANDICAPPED. OTHER GRANTS WERE PROVIDED TO INSTITUTIONS ENGAGED IN THE EDUCATION OF THE COMMUNITY.


THE ORGANIZATION SUPPORTS VARIOUS RELIGIOUS ACTIVITIES IN THE REGION BY PROVIDING FUNDING TO ASSIST IN THE PROMOTION OF RELIGIOUS PROGRAMS.


EDUCATION AND HEALTH CARE ARE MAJOR CONCERNS OF THE AREA SERVED BY THE ORGANIZATION AND GRANTS WERE PROVIDED TO ENHANCE AND PROMOTE BOTH CONCERNS. ADDITIONAL FUNDING FOR THESE AREAS WAS DERIVED THROUGH THE FUND RUN EVENT.


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Board, Officers & Key Employees

Name (title)Compensation
Anthony J Watkins
Chief Exec O
$123,500
Jamey Brown
President
$0
Vicki Brantley
Secretary/tr
$0
Angie Jackson
Vice-Preside
$0
Chris Black
Director
$0
Terry Bunnell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,488,702
Noncash contributions included in lines 1a–1f $458,163
Total Revenue from Contributions, Gifts, Grants & Similar$8,488,702
Total Program Service Revenue$10,105
Investment income $787,766
Tax Exempt Bond Proceeds $0
Royalties $789
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,086,198
Net Income from Fundraising Events $6,830
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,381,597

Grants Awarded

Over the last fiscal year, Community Foundation Of West Kentucky Inc has awarded $2,978,175 in support to 50 organizations.

Grant RecipientAmount

BAPTIST HEALTH FOUNDATION PADUCAH

Org PageRecipient Profile

Paducah, KY

PURPOSE: PROGRAM SUPPORT

$1,026,901

CITY OF PADUCAH TREASURER

PURPOSE: PROGRAM SUPPORT

$291,946

COMMUNITY MINISTRIES INC OF PADUC

PURPOSE: PROGRAM SUPPORT

$131,015

PADUCAH COOPERATIVE MINISTRY

Org PageRecipient Profile

Paducah, KY

PURPOSE: PROGRAM SUPPORT

$116,428

HOPE UNLIMITED FAMILY CARE CENTER

Org PageRecipient Profile

Paducah, KY

PURPOSE: PROGRAM SUPPORT

$109,118

Paducah, KY

PURPOSE: PROGRAM SUPPORT

$87,953
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 27 grants that Community Foundation Of West Kentucky Inc has recieved totaling $958,167.

Awarding OrganizationAmount
Blue Grass Community Foundation Inc

Lexington, KY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$209,066
Gheens Foundation Inc

Louisville, KY

PURPOSE: COMMUNITY GRANTMAKING IN EDUCATION, HEALTH, HUMAN SERVICES, ARTS, PUBLIC RECREATION, AND RELIGIOUS ACTIVITIES

$175,000
Mr And Mrs George W Taylor Foundtn

Rockford, IL

PURPOSE: SOCIAL WELFARE

$100,000
Greater Cincinnati Foundation

Cincinnati, OH

PURPOSE: GENERAL PURPOSE

$65,000
Ray And Kay Eckstein Charitable Trust

Paducah, KY

PURPOSE: PROJECT SUPPORT

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$48,550
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$31,615,408
Earnings$3,257,014
Admin Expense$338,007
Net Contributions$3,716,985
Grants$1,121,400
Ending Balance$37,130,000

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