Business Cultivation Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 93-1571078

Business Cultivation Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Wilmington, DE. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $13K in total assets. In 2025, it awarded 8 grants totaling $6K. Net investment income was $32.

Business Cultivation Foundation at a glance

In short: Business Cultivation Foundation gave $6K across 8 grants in 2025 (avg $741.5), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$5,932
Grants made (2025)
8
Average grant
$742
Median grant
$741
Total assets
$13,019
+58.9% vs 2024
Primary geography
Kentucky (76% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Business Cultivation Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Sidney High School: $1KSidney High School$1KElite Demo Team Inc: $1KElite Demo Team Inc$1KKentucky 4-H Foundation Inc: $1KKentucky 4-H Foundation Inc$1KGrayson Tourism and Convention Commission: $950 across 2 grantsGrayson Tourism and ConventionCommission$950 · 2 grantsM Merget: $882M Merget$882West Carter County High School: $600West Carter County High School$600Olive Hill Historical Society Inc: $100Olive Hill Historical SocietyInc$100

The largest 2025 recipient was Sidney High School ($1K). Together the top 7 received $6K.

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 8 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

Olive HillGraysonAshlandLexingtonSidney

How Business Cultivation Foundation gives

  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K0 grants2023 0 grants2024 8 grants2025

In 2025 it made 8 grants totaling $6K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Sidney High School Sidney, MTGeneral & Unrestricted$1,400
Elite Demo Team Inc Olive Hill, KYGeneral & Unrestricted$1,000
Kentucky 4-H Foundation Inc Lexington, KYGeneral & Unrestricted$1,000
M Merget Ashland, KYHardship Assistance Grant$882
Grayson Tourism and Convention Commission Grayson, KYGeneral & Unrestricted$600
West Carter County High School Olive Hill, KYGeneral & Unrestricted$600
Grayson Tourism and Convention Commission Grayson, KYBattle of the Bands memory days event fund$350
Olive Hill Historical Society Inc Olive Hill, KYGeneral & Unrestricted$100
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$13,019$112,682$103,481$5,9328$103,481$32$585
2024$8,194$31,224$22,730—————

Under IRS private-foundation payout rules, Business Cultivation Foundation reported a distributable amount of $585 for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Business Cultivation Foundation is led by Patricia R Parsons, Chair on the 2025 filing; 3 of 6 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Patricia R Parsons

    Chair

    New on the 2025 filing

    40 hrs/week

    $9K (2025)

  • Eugena Wilson

    Chair & Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Amber E Samons

    Director & Secretary

    New on the 2025 filing

    40 hrs/week

    $7K (2025)

  • Robert R Parsons

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Scott Duvall

    Director & Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Sarah Ada E Porter

    Chief Operations Officer

    Administrative Secretary → Chief Operations Officer, 2025

    On filings since 2024

    20 hrs/week

    $1K (2024) → $11K (2025)

Former officers (2)
  • Former: Renee Parsons (2023–2024) — Executive Director
  • Former: Todd Schreier (2024) — Chief Strategist

Data from IRS Form 990 filings, 2023–2025. "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

Sarah Ada E Porter — Chief Operations Officer: $11KSarah Ada E PorterChief Operations Officer$11KPatricia R Parsons — Chair: $9KPatricia R ParsonsChair$9KAmber E Samons — Dir, Sec: $7KAmber E SamonsDir, Sec$7K

The highest reported compensation on the 2025 filing was $11K, to Sarah Ada E Porter (Chief Operations Officer). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Business Cultivation Foundation

How much does Business Cultivation Foundation give each year?

Business Cultivation Foundation gave $6K across 8 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Business Cultivation Foundation's typical grant size?

Business Cultivation Foundation's median grant in 2025 was $741, and its average grant was $742, across 8 grants on its 2025 IRS Form 990-PF.

Where does Business Cultivation Foundation give grants?

Business Cultivation Foundation gives mostly in Kentucky: 76% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Montana (24%). The most frequent recipient cities were Olive Hill, KY (3 grants) and Grayson, KY (2 grants).

Does Business Cultivation Foundation give general operating support?

Yes: 75% of Business Cultivation Foundation's 2025 grants with a stated purpose (6 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Business Cultivation Foundation's largest grantees?

Business Cultivation Foundation's largest 2025 grantees include Sidney High School ($1,400), Elite Demo Team Inc ($1,000) and Kentucky 4-H Foundation Inc ($1,000), according to its 2025 IRS Form 990-PF. Together they received 57% of its itemized 2025 grant dollars.

How large is Business Cultivation Foundation?

Business Cultivation Foundation reported $13K in total assets on its 2025 IRS Form 990-PF. It paid out $103K in qualifying distributions that year, against a required minimum of $585 (roughly 5% of its investment assets).

What is Business Cultivation Foundation?

Business Cultivation Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Wilmington, DE. It holds $13K in total assets as of 2025.

What is Business Cultivation Foundation's EIN?

Business Cultivation Foundation's EIN (Employer Identification Number) is 93-1571078. IRS Form 990 filing data is available on this page for 2023–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2023–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Business Cultivation Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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