Doran Foundation Inc

Foundation · Grantmaker Murray, KY EIN: 20-3474077

Doran Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Murray, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $213K. Net investment income was $131K.

Key facts about Doran Foundation Inc

EIN
20-3474077
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$213,091
Grants made (2024)
12
Average grant
$17,758
Median grant
$6,400
New grantees (estimate)
20% first-time grantees (2 of 10, 2024)
Total assets
$4,032,040
Primary geography
Kentucky (57% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Doran Foundation Inc funds

By grant dollars, the top recipient states for Doran Foundation Inc's 12 itemized 2024 grants were Kentucky (57%), Florida (27%) and Indiana (17%). The most frequent recipient cities were Murray, KY (5 grants) and Boca Grande, FL (2 grants). 33% of grants with a stated purpose were for general or operating support.

Is Doran Foundation Inc open to new grantees?

20%

first-time grantees, 2024

In 2024, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $225; repeat grants $27K. How we count

Medians: $225 first-time, $22K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−1%). Method
  • In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.0M

+4.2% YoY

Annual Giving

$213K

+50.5% YoY

Grant Count

12

+9.1% YoY

Avg Grant Size

$18K

+38.0% YoY

Under IRS private-foundation payout rules, Doran Foundation Inc reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.

About Doran Foundation Inc

Based on IRS filings

Doran Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Murray, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $213K. Net investment income was $131K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 12 itemized 2024 grant dollars.

Cities

MurrayBoca GrandeHollywoodIndianapolisLouisvilleMadisonAlamoAlmoDexterEddyvilleHendersonLexingtonMemphisNashville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$235K$470K$705K$940K20202021202220232024
Metric202420232022
Total Assets$4,032,040$3,868,065$3,877,867
Revenue$402,008$178,028$151,798
Expenses$303,293$233,110$285,175
Qualifying Distributions$213,091$141,545$209,550
Net Investment Income$131,048$27,460$19,978
Distributable Amount$209,955$183,196$183,575

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$107K$161K$215K18 grants202018 grants202119 grants202211 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Murray State University Foundation: $60K across 3 grantsMurray State UniversityFoundation$60K · 3 grantsDiabetes Research Institute Foundation: $51KDiabetes Research InstituteFoundation$51KCity of Murray: $50KCity of Murray$50KRenaissance Charitable Foundation Inc: $35KRenaissance CharitableFoundation Inc$35KFirst United Methodist Church: $8KFirst United Methodist Church$8KFriends of Boca Grande Community Center: $5KFriends of Boca GrandeCommunity Center$5KLincoln Heritage Scout Council: $2KLincoln Heritage Scout Council$2KBoca Grande Health Clinic Foundation: $1KBoca Grande Health ClinicFoundation$1KNorthside Baptist Church: $250Northside Baptist Church$250Shriners Hospitals for Children: $200Shriners Hospitals forChildren$200

Grant Size Distribution

78 grants across all recorded years

67<$50K11$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Murray State University Foundation ($60,434 across 3 grants), Diabetes Research Institute Foundation ($51,000), City of Murray ($50,000).

RecipientPurposeAmount
DIABETES RESEARCH INSTITUTE FOUNDATION Hollywood, FLGENERAL PURPOSES$51,000
CITY OF MURRAY Murray, KYCITY PARK RENOVATIONS$50,000
MURRAY STATE UNIVERSITY FOUNDATION Murray, KYDORAN ARBORETUM PLEDGE$50,000
RENAISSANCE CHARITABLE FOUNDATION INC Indianapolis, INGENERAL PURPOSES$35,207
MURRAY STATE UNIVERSITY FOUNDATION Murray, KYMSU MUSIC DEPARTMENT$9,234
FIRST UNITED METHODIST CHURCH Murray, KYGENERAL PURPOSES$7,800
FRIENDS OF BOCA GRANDE COMMUNITY CENTER Boca Grande, FLRENAISSANCE CAMPAIGN$5,000
LINCOLN HERITAGE SCOUT COUNCIL Louisville, KYMURRAY AREA FRIENDS OF SCOUTING$2,000
BOCA GRANDE HEALTH CLINIC FOUNDATION Boca Grande, FLGENERAL PURPOSES$1,200
MURRAY STATE UNIVERSITY FOUNDATION Murray, KYDORAN ENDOWMENT ADDITIONAL SCHOLARSHIP$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Kelly W Doran — Office Manager: $40KKelly W DoranOffice Manager$40K

From 2024 IRS filing

NameTitleHoursCompensation
Harold G Doran JrPresident/Director30—
Kelly W DoranOffice Manager20$40,000
H Frank DoranTreasurer/Director20—
Sarah D MurraySecretary/ Director1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Doran Foundation Inc?

Doran Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Murray, KY. It holds $4.0M in total assets as of 2024.

How large is Doran Foundation Inc?

As of 2024, Doran Foundation Inc holds $4.0M in total assets with $402K in annual revenue. It awarded 12 grants totaling $213K in 2024.

Where does Doran Foundation Inc operate?

Doran Foundation Inc has awarded grants in Alabama, Florida, Indiana, Kentucky, Tennessee, Texas.

What size grants does Doran Foundation Inc award?

In 2024, Doran Foundation Inc awarded 12 grants totaling $213K — an average of about $18K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Doran Foundation Inc reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Doran Foundation Inc's EIN?

Doran Foundation Inc's EIN (Employer Identification Number) is 20-3474077. IRS Form 990 filing data is available on this page for 2020–2024.

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

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