Commercial Bank Foundation
Commercial Bank Foundation is a private foundation, based in GRAYSON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $218K in total assets. In 2024, it awarded 19 grants totaling $42K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$218K
-11.8% YoY
Annual Giving
$42K
+1.5% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$2K
+1.5% YoY
Under IRS private-foundation payout rules, Commercial Bank Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Commercial Bank Foundation
Based on IRS filings
Commercial Bank Foundation is a private foundation, based in GRAYSON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $218K in total assets. In 2024, it awarded 19 grants totaling $42K. Net investment income was $1K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $217,740 | $246,977 | $275,924 |
| Revenue | $13,249 | $12,632 | $12,548 |
| Expenses | $42,486 | $41,880 | $41,355 |
| Qualifying Distributions | $42,037 | $41,426 | $40,350 |
| Net Investment Income | $1,249 | $632 | $298 |
| Distributable Amount | $12,102 | $13,374 | $14,588 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kentucky Christian University ($15,000), Carter County Elementary ($10,787), Tristen Sexton U of L ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CARTER COUNTY ELEMENTARY GRAYSON, KY | PURCHASE OF ONLINE FINANCIAL LITERAC | $10,787 |
| KENTUCKY CHRISTIAN UNIVERSITY GRAYSON, KY | CHARITABLE GRANTS FOR SCHOLARSHIPS | $15,000 |
| TRISTEN SEXTON U OF L WEBBVILLE, KY | SCHOLARSHIP | $1,000 |
| TRISTEN SEXTON U OF L WEBBVILLE, KY | SCHOLARSHIP | $1,000 |
| ADDISON RILEY HALL MSU GRAYSON, KY | SCHOLARSHIP | $1,000 |
| ADDISON RILEY HALL MSU GRAYSON, KY | SCHOLARSHIP | $1,000 |
| NOAH SAMMONS MSU GRAYSON, KY | SCHOLARSHIP MSU | $1,000 |
| ETHAN TILLER TRANSYLVANIA GRAYSON, KY | SCHOLARSHIP | $1,000 |
| ADEN NICHOLS MSU OLIVE HILL, KY | SCHOLARSHIP | $1,000 |
| ADEN NICHOLS MSU OLIVE HILL, KY | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JACK W STROTHER JR | CO-TRUSTEE | — | — |
| MARK STROTHER | CO-TRUSTEE | — | — |
Frequently Asked Questions
How large is Commercial Bank Foundation?
As of 2024, Commercial Bank Foundation holds $218K in total assets with $13K in annual revenue. It awarded 19 grants totaling $42K in 2024.
Where does Commercial Bank Foundation operate?
Commercial Bank Foundation has awarded grants in District of Columbia, Kentucky, North Carolina, Ohio, West Virginia.
What size grants does Commercial Bank Foundation award?
In 2024, Commercial Bank Foundation awarded 19 grants totaling $42K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Commercial Bank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Commercial Bank Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Commercial Bank Foundation's EIN?
Commercial Bank Foundation's EIN (Employer Identification Number) is 61-1087988. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Commercial Bank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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