Brown Badgett Foundation Inc

HANSON, KY EIN: 61-1129923

Brown Badgett Foundation Inc is a private foundation, based in HANSON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 3 grants totaling $287K. Net investment income was $174K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.3M

+9.7% YoY

Annual Giving

$287K

-7.6% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$96K

+23.2% YoY

Under IRS private-foundation payout rules, Brown Badgett Foundation Inc reported a distributable amount of $433K for 2024 — the minimum it must pay out in qualifying distributions.

About Brown Badgett Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $1.6M (98%)

Mississippi $20K (1%)

Tennessee $5K (0%)

Missouri $2K (0%)

States

Kentucky Missouri Mississippi Tennessee

Cities

Bowling GreenConcordiaFrankfortLouisvilleMadisonvilleMageeNashville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,282,957	$8,459,365	$7,736,280
Revenue	$470,925	$618,081	$976,381
Expenses	$577,295	$575,402	$725,457
Qualifying Distributions	$291,082	$314,421	$470,765
Net Investment Income	$173,587	$349,666	$719,394
Distributable Amount	$432,560	$383,476	$386,901

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include J Rogers Badgett Sr Foundation in ($275,000), Magee Middle School ($10,000), Breaking Bread ($1,500).

Recipient	Purpose	Amount
J ROGERS BADGETT SR FOUNDATION IN MADISONVILLE, KY	OPERATIONS	$275,000
MAGEE MIDDLE SCHOOL MAGEE, MS	OPERATING	$10,000
BREAKING BREAD MADISONVILLE, KY	OPERATING	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS BROWN BADGETT JR	DIRECTOR	1	—
SUE S CUMBEE-BADGETT	DIRECTOR	1	—

Frequently Asked Questions

How large is Brown Badgett Foundation Inc?

As of 2024, Brown Badgett Foundation Inc holds $9.3M in total assets with $471K in annual revenue. It awarded 3 grants totaling $287K in 2024.

Where does Brown Badgett Foundation Inc operate?

Brown Badgett Foundation Inc has awarded grants in Kentucky, Missouri, Mississippi, Tennessee.

What size grants does Brown Badgett Foundation Inc award?

In 2024, Brown Badgett Foundation Inc awarded 3 grants totaling $287K — an average of about $96K per grant, based on its IRS Form 990 filings.

How much is Brown Badgett Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Brown Badgett Foundation Inc reported a distributable amount of $433K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.