Central Kentucky Community Foundation Inc
- Assets
- $36.1m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 6
- Location
- Elizabethtown, KY
- Founding
- 01/1964
- Data as of
- 12/2023
- EIN
- 61-6035002
Organization Overview
Central Kentucky Community Foundation Inc is located in Elizabethtown, KY. The organization was established in 1964. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 12/2023, Central Kentucky Community Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Kentucky Community 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 12/2023, Central Kentucky Community Foundation Inc generated $4.8m 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 (9.0%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Central Kentucky Community Foundation Inc has awarded 170 individual grants totaling $9,413,670. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN OUR REGION THROUGH INSPIRED PHILANTHROPY AND OUTSTANDING STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1960, CENTRAL KENTUCKY COMMUNITY FOUNDATION HAS BEEN UNITING PEOPLE, IDEAS, AND RESOURCES FOR A THRIVING CENTRAL KENTUCKY. THROUGH COLLABORATION WITH GENEROUS PEOPLE AND COMMUNITY PARTNERS, WE HARNESS THE POWER OF COLLECTIVE GIVING TO SUPPORT COMMUNITIES WITH OPPORTUNITY, PROSPERITY, AND A FULFILLING LIFE FOR ALL. CKCF SERVES A 9-COUNTY REGION AND OFFERS SEVEN FUND TYPES TO MEET SPECIFIC DONOR, NONPROFIT, AND COMMUNITY PHILANTHROPIC NEEDS. CKCF MANAGES OVER 200 FUNDS CREATED BY PEOPLE IN OUR REGION WHO THROUGH THEIR GENEROSITY, MAKE OUR COMMUNITY BETTER. CKCF SUPPORTS AREA NONPROFITS BY OFFERING EDUCATION AND GRANT OPPORTUNITIES THROUGH A VARIETY OF PROGRAMMING. THROUGH SCHOLARSHIP CENTRAL, CKCF'S SCHOLARSHIP PORTAL, OVER 150 SCHOLARSHIPS SUPPORT EDUCATIONALOPPORTUNITIES TO LOCAL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Alicna Director | Trustee | 2 | $0 |
Matt Hess Director | Trustee | 1 | $0 |
Chris Carter Vice Chair/treasurer | Trustee | 2 | $0 |
Ann Carnes Douglas Director | Trustee | 1 | $0 |
Dustin Humphrey Secretary | Trustee | 2 | $0 |
Beth Lochmiller Chair | Trustee | 2 | $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 | $3,358,719 |
| Noncash contributions included in lines 1a–1f | $462,519 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,358,719 |
| Total Program Service Revenue | $0 |
| Investment income | $861,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $558,272 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,807,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,823,230 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,768 |
| Compensation of current officers, directors, key employees. | $64,707 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,903 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,677 |
| Payroll taxes | $20,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $137,926 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,248 |
| Office expenses | $2,858 |
| Information technology | $30,512 |
| Royalties | $0 |
| Occupancy | $36,852 |
| Travel | $5,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,202 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,984 |
| Insurance | $11,838 |
| All other expenses | $3,650 |
| Total functional expenses | $2,632,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,444 |
| Savings and temporary cash investments | $23,517 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,296,489 |
| Investments—publicly traded securities | $33,512,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $36,054,935 |
| Accounts payable and accrued expenses | $34,142 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $690,570 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,195,440 |
| Total liabilities | $1,920,152 |
| Net assets without donor restrictions | $2,506,876 |
| Net assets with donor restrictions | $31,627,907 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $36,054,935 |
Grants Awarded
Over the last fiscal year, Central Kentucky Community Foundation Inc has awarded $1,225,642 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST HEALTH FOUNDATION HARDIN PURPOSE: HEALTH AND WELLNESS | $15,000 |
CAMPBELLSVILLE UNIVERSITY PURPOSE: HIGHER EDUCATION | $6,000 |
CAMPUS OUTREACH SERVE PURPOSE: RELIGIOUS SUPPORT | $11,000 |
CENTRAL KENTUCKY COMMUNITY ACTION COUNCIL INC PURPOSE: HUMAN SERVICES | $15,000 |
CASA OF THE HEARTLAND PURPOSE: COMMUNITY EDUCATION | $6,000 |
CLARITY SOLUTIONS PURPOSE: HUMAN SERVICES | $19,399 |