Continuing the Legacy Foundation

ASHLAND, KY EIN: 85-1250841

Continuing the Legacy Foundation is a private foundation focused on Human Services, based in ASHLAND, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 1 grants totaling $189K. Net investment income was $79K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

-1.0% YoY

Annual Giving

$189K

+209.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$189K

+209.7% YoY

Under IRS private-foundation payout rules, Continuing the Legacy Foundation reported a distributable amount of $198K for 2024 — the minimum it must pay out in qualifying distributions.

About Continuing the Legacy Foundation

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $369K (100%)

States

Kentucky

Cities

Ashland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,336,563	$4,381,984	$4,640,922
Revenue	$252,615	$45,486	$180,997
Expenses	$298,036	$304,424	$407,265
Qualifying Distributions	$189,162	$61,073	$69,624
Net Investment Income	$78,836	$64,557	$52,480
Distributable Amount	$198,367	$225,653	$202,427

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Local Organizations ($189,162).

Recipient	Purpose	Amount
VARIOUS LOCAL ORGANIZATIONS ASHLAND, KY	COMMUNITY SUPPORT	$189,162

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CINDY BLANTON	BOARD MEMBER	—	—
BJ BURCHAM	BOARD MEMBER	—	—
MARY CATHERINE FLATH	BOARD MEMBER	—	—
DON MOORE	BOARD MEMBER	—	—
KIM NALL	BOARD MEMBER	—	—
JENIFER CANTRELL	BOARD MEMBER	—	—
GEOFFREY GRIFFITH	BOARD MEMBER	—	—
ALANEA DEBOARD	DIRECTOR	30	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Continuing the Legacy Foundation?

Continuing the Legacy Foundation is a private foundation focused on Human Services, based in ASHLAND, KY. It holds $4.3M in total assets as of 2024.

How large is Continuing the Legacy Foundation?

As of 2024, Continuing the Legacy Foundation holds $4.3M in total assets with $253K in annual revenue. It awarded 1 grants totaling $189K in 2024.

Where does Continuing the Legacy Foundation operate?

Continuing the Legacy Foundation has awarded grants in Kentucky.

What size grants does Continuing the Legacy Foundation award?

In 2024, Continuing the Legacy Foundation awarded 1 grants totaling $189K — an average of about $189K per grant, based on its IRS Form 990 filings.

How much is Continuing the Legacy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Continuing the Legacy Foundation reported a distributable amount of $198K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Continuing the Legacy Foundation's EIN?

Continuing the Legacy Foundation's EIN (Employer Identification Number) is 85-1250841. IRS Form 990 filing data is available on this page for 2021–2024.