Commercial Bank Foundation
Commercial Bank Foundation is a private foundation based in Grayson, Kentucky. Its 2025 filing describes scholarship grants to qualifying students and support for Kentucky Christian University.
Commercial Bank Foundation at a glance
In short: Commercial Bank Foundation gave $39K across 20 grants in 2025 (avg $2K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $39,000
- -7.2% vs 2024
- Grants made (2025)
- 20
- +5.3% vs 2024
- Average grant
- $1,950
- -11.9% vs 2024
- Median grant
- $1,000
- Total assets
- $204,397
- -6.1% vs 2024
- Primary geography
- Kentucky (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Commercial Bank Foundation
- How to Apply
-
The filing states that only the college scholarship fund uses a standard application form; no prescribed form is used for other functions. Scholarship awards are restricted to students of Carter County schools, and the trustees determine limitations.
- Review Cycle
- Graduating seniors must submit the scholarship application by April 15 of that year. The April 15, 2025 deadline stated in the 2025 filing has passed.
- Deadline
- Graduating seniors must submit the scholarship application by April 15 of that year.
- Contact
Application contact: Jack Wstrotherjr Mark Strother
Mailing address: 208 E Main Street, Grayson, KY 41143
Phone: (606) 474-7811
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Commercial Bank Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Kentucky Christian University ($20K). Together the top 5 received $24K.
Organizations only. It also paid 15 individual scholarships ($15,000), which are not listed by name.
Grant Size Distribution
95 grants across all recorded years
The most common grant size was under $50K: 95 grants of 95 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in Kentucky and 3% to recipients in Ohio. The filing states that scholarship awards are restricted to students of Carter County schools.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
How Commercial Bank Foundation gives
- Giving held roughly steady from 2022 to 2025 (−3%). Method
- In 2025 it paid out 350% of 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
From 2019 to 2025, annual grant giving ranged from $39K (2025) to $43K (2020). In 2025 it made 20 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kentucky Christian University Grayson, KY | Charitable Grants for Scholarships | $20,000 |
| Tristen Sexton U of L Webbville, KY | Scholarship | $1,000 |
| 15 individual scholarships Recipients not named | — | $15,000 |
| Ssu Development Foundation Portsmouth, OH | Dare to Dream School Competition | $1,000 |
| Foundation for Tristate Ashland, KY | Charitable Grants for Scholarships | $1,000 |
| Kentucky Bankers Association Louisville, KY | Flood Relief Fund | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $204,397 | $26,135 | $39,478 | $39,000 | 20 | $39,000 | $1,135 | $11,127 |
| 2024 | $217,740 | $13,249 | $42,486 | $42,037 | 19 | $42,037 | $1,249 | $12,102 |
| 2023 | $246,977 | $12,632 | $41,880 | $41,426 | 19 | $41,426 | $632 | $13,374 |
| 2022 | $275,924 | $12,548 | $41,355 | $40,350 | 18 | $40,350 | $298 | $14,588 |
| 2021 | $304,731 | $12,329 | $40,030 | $39,600 | 19 | $39,600 | $329 | $16,120 |
| 2020 | $332,432 | $12,359 | $43,029 | $42,600 | 22 | — | $359 | $17,123 |
| 2019 | $363,102 | $12,629 | $39,628 | $39,200 | 19 | — | $388 | $18,568 |
Under IRS private-foundation payout rules, Commercial Bank Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 filing describes scholarship grants to qualifying students, as well as support for Kentucky Christian University’s Jack and Edith Strother Scholarship Fund and a scholarship campaign. The filing identifies 16 individual scholarship grants among its direct charitable activities.
In 2025, the foundation also gave to the Kentucky Bankers Association. The association describes its own mission as advocating for the financial services industry and providing information, education, and a forum for collective industry action.
Grantmaking
In 2025, the foundation reported 20 grants totaling $39,000. Grant amounts ranged from $1,000 to $20,000, with a median of $1,000. Its largest listed grant was $20,000 to Kentucky Christian University for charitable scholarships. Other listed scholarship grants included awards of $1,000 to students.
The foundation also gave $1,000 to the Kentucky Bankers Association in 2025. The foundation’s filing says it does not restrict giving to preselected organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jack W Strother Jr and Mark Strother as co-trustees.
Commercial Bank Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jack W. Strother Jr.
Co-Trustee
On filings since 2019
No compensation reported
Mark Strother
Co-Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Commercial Bank Foundation
How much does Commercial Bank Foundation give each year?
Commercial Bank Foundation gave $39K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 19 grants.
What is Commercial Bank Foundation's typical grant size?
Commercial Bank Foundation's median grant in 2025 was $1,000, and its average grant was $1,950, across 20 grants on its 2025 IRS Form 990-PF.
Where does Commercial Bank Foundation give grants?
Commercial Bank Foundation gives mostly in Kentucky: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Commercial Bank Foundation give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Commercial Bank Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (15 grants).
Who are Commercial Bank Foundation's largest grantees?
Commercial Bank Foundation's largest 2025 grantees include Kentucky Christian University ($20,000), Tristen Sexton U of L ($1,000) and Ssu Development Foundation ($1,000), according to its 2025 IRS Form 990-PF. It also paid 15 individual scholarships ($15,000), which are not listed by name. Together they received 56% of its itemized 2025 grant dollars.
How large is Commercial Bank Foundation?
Commercial Bank Foundation reported $204K in total assets on its 2025 IRS Form 990-PF. It paid out $39K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
What does Commercial Bank Foundation fund?
No mission statement for the foundation is provided. Its 2025 filing describes scholarship grants to qualifying students, as well as support for Kentucky Christian University’s Jack and Edith Strother Scholarship Fund and a scholarship campaign. See mission & focus areas ↑
How do I apply for a grant from Commercial Bank Foundation?
The filing states that only the college scholarship fund uses a standard application form; no prescribed form is used for other functions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 26, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS September 3, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 30, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
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Figures come from Commercial Bank 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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