Blue North KY Inc
We operate under grants with the commonwealth of Kentucky to provide charitable and educational assistance to entrepreneurs, start ups, and small businesses to create a scalable business.
Key facts about Blue North KY Inc
In short: Blue North KY Inc gave $437K across 1 grant in 2025 (avg $437K), mostly in Kentucky. Source: 2025 IRS Form 990.
- EIN
- 87-0822775
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $436,550
- Grants made (2025)
- 1
- Average grant
- $436,550
- Median grant
- $436,550
- Total assets
- $2,101,702
- Primary geography
- Kentucky (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$2.1M
+189.2% YoY
Annual Giving
$437K
+181.6% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$437K
+744.9% YoY
How Blue North KY Inc gives
- Giving grew 152% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Blue North KY Inc
Based on IRS filings
Blue North KY Inc is a public charity focused on public and societal benefit, based in Covington, KY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 1 grant totaling $437K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $155K (2023) to $437K (2025). In 2025 it made 1 grant totaling $437K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Kentucky Cabinet for Economic Development ($437K).
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 6 grants of 11 (55%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kentucky Cabinet for Economic Development Frankfort, KY | Business Development | $436,550 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,101,702 | $726,826 | $134,655 |
| Revenue | $1,879,446 | $978,684 | $595,912 |
| Expenses | $451,778 | $539,501 | $537,262 |
| Net Investment Income | $21,226 | $9,620 | $902 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 11, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
Blue North KY Inc is led by Dave Knox, Executive Director on the 2025 filing; 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
Dave Knox
Executive Director
New on the 2025 filing
40 hrs/week
$195K (2025)
Kris Knochelmann
Board Chair
Chair → Judge Executive, 2023
Judge Executive → Board Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Christine Russell
Director
Treasurer → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Jesse Simmons
Director
On filings since 2022
1 hr/week
No compensation reported
Brian Cobb
Director
On filings since 2023
1 hr/week
No compensation reported
Chad Summe
Director
On filings since 2023
1 hr/week
No compensation reported
Edward Wimmer
Director
On filings since 2023
1 hr/week
No compensation reported
Rico Grant
Director
On filings since 2023
1 hr/week
No compensation reported
Eric Gentry
Director
On filings since 2024
1 hr/week
No compensation reported
Matt Hollenkamp
Board Secretary
Secretary → Board Secretary, 2025
On filings since 2022
1 hr/week
No compensation reported
Rich Hempel
Board Treasurer
Treasurer → Board Treasurer, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (3)
- Former: David Knox (2022–2024) — Executive Director
- Former: Carmen Hickerson (2022–2023) — Former Director
- Former: Stephen Saunders (2022–2023) — Vice Chair
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $195K, to Dave Knox (Executive Director).
Frequently asked questions about Blue North KY Inc
How much does Blue North KY Inc give each year?
Blue North KY Inc gave $437K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $155K across 3 grants.
How large is Blue North KY Inc?
Blue North KY Inc reported $2.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.9M.
What is Blue North KY Inc?
Blue North KY Inc is a public charity focused on public and societal benefit, based in Covington, KY. It holds $2.1M in total assets as of 2025.
Where does Blue North KY Inc operate?
Blue North KY Inc has awarded grants in Kentucky.
What is Blue North KY Inc's EIN?
Blue North KY Inc's EIN (Employer Identification Number) is 87-0822775. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Blue North KY Inc by hand.
Explore Open Grants
Browse active grant opportunities in Blue North KY Inc's focus areas in our free grants database
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Blue North KY Inc down — hundreds of funders to go?