Blue North KY Inc logo

Blue North KY Inc

Public charity · Grantmaker Covington, KY EIN: 87-0822775 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

CovingtonFrankfortHighland HeightsNewportHighland Hieghts

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K4 grants2022 3 grants2023 3 grants2024 1 grant2025

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

Kentucky Cabinet for Economic Development: $437KKentucky Cabinet for EconomicDevelopment$437K

The largest 2025 recipient was Kentucky Cabinet for Economic Development ($437K).

Grant Size Distribution

11 grants across all recorded years

6<$50K4$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 11 (55%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Kentucky Cabinet for Economic Development Frankfort, KYBusiness Development$436,550

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS October 11, 2023)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
  4. 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

Dave Knox — Executive Director: $195KDave KnoxExecutive Director$195K

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.

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