First United Bank Foundation Inc

MADISONVILLE, KY EIN: 92-3027206

First United Bank Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISONVILLE, KY. IRS filing data is available from 2023 through 2024. In 2024, it awarded 22 grants totaling $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$20K

Grant Count

22

Avg Grant Size

$895.455

Under IRS private-foundation payout rules, First United Bank Foundation Inc reported a distributable amount of $197 for 2024 — the minimum it must pay out in qualifying distributions.

About First United Bank Foundation Inc

Based on IRS filings

First United Bank Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISONVILLE, KY. IRS filing data is available from 2023 through 2024. In 2024, it awarded 22 grants totaling $20K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Beaver DamCentertownFordsvilleHartfordHorse BranchMadisonvilleMarionMorganfieldOwensboroSomersetTriangle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$11K$16K$22K20232024
Metric20242023
Total Assets
Revenue$19,700
Expenses$19,700
Qualifying Distributions$19,700
Net Investment Income
Distributable Amount$197

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNITED WAY OF THE COALFI…$3KBREAKING BREAD$2KCHRISTIAN FOOD BANK OF H…$2KHOPKINS COUNTY HUMANE SO…$2KHOPKINS COUNTY SCHOOLS F…$2KHAPPY FEET EQUAL LEARNIN…$2KFRATERNAL ORDER OF POLIC…$1KHELP OFFICE OF OWENSBORO…$700CHRISTMAS WISH$650OWENSBORO HUMANE SOCIETY$650

Grant Size Distribution

22 grants across all recorded years

22<$50K$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 include United Way of the Coalfield Inc ($3,000), Breaking Bread ($2,000), Christian Food Bank of Hopkins Co ($2,000).

RecipientPurposeAmount
BEAVER DAM ELEMENTARY SCHOOL RESOURCE CENTER BEAVER DAM, KYJEAN MONEY DONATION -BEAVER DAM$200
BREAKING BREAD MADISONVILLE, KYJEAN MONEY DONATION -HOPKINS CO.$2,000
CASA OF MIDWEST KENTUCKY INC MADISONVILLE, KYDONATION: NO SHAVE NOVEMBER$500
CHRISTIAN FOOD BANK OF HOPKINS CO MADISONVILLE, KYJEAN MONEY DONATION -HOPKINS CO.$2,000
CHRISTMAS WISH OWENSBORO, KYJEAN MONEY DONATION -OWENSBORO$650
COMMUNITY ARTS FOUNDATION MARION, KYCHRISTMAS DONATION 2024: MARION$500
CRITTENDEN COUNTY 4H COUNCIL MARION, KYJEAN MONEY DONATION -MARION$500
CRITTENDEN COUNTY COMMUNITY SERVICES INC MARION, KYCHRISTMAS DONATION 2024: MARION$500
FORDSVILLE ELEMENTARY SCHOOL RESOURCE CENTER FORDSVILLE, KYJEAN MONEY DONATION -BEAVER DAM$200
FRATERNAL ORDER OF POLICE LODGE #19 MADISONVILLE, KYCHRISTMAS DONATION 2024- HOPKINS CO.$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
J JASON HAWKINSDIRECTOR1
RACHEAL L PRUITTDIRECTOR1
CHRISTOPHER FINDLEYDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is First United Bank Foundation Inc?

First United Bank Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISONVILLE, KY. It holds — in total assets as of 2024.

Where does First United Bank Foundation Inc operate?

First United Bank Foundation Inc has awarded grants in Kentucky, Virginia.

What size grants does First United Bank Foundation Inc award?

In 2024, First United Bank Foundation Inc awarded 22 grants totaling $20K — an average of about $895.455 per grant, based on its IRS Form 990 filings.

How much is First United Bank Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, First United Bank Foundation Inc reported a distributable amount of $197 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is First United Bank Foundation Inc's EIN?

First United Bank Foundation Inc's EIN (Employer Identification Number) is 92-3027206. IRS Form 990 filing data is available on this page for 2023–2024.

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

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