Governor's Scholars Program
TO RAISE AND MANAGE FINANCIAL SUPPORT FOR THE GOVERNOR'S SCHOLARS PROGRAM, INC. (GSP), AS WELL AS TO PROVIDE PLANNED GIVING OPPORTUNITIES FOR DONORS WHO ARE INTERESTED IN SUPPORTING GSP.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+7.2% YoY
Annual Giving
$450K
+5.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$450K
+5.9% YoY
About Governor's Scholars Program
Based on IRS filings
Governor's Scholars Program is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 1 grants totaling $450K. Net investment income was $258K.
Focus Areas
Ready to take the next step with Governor's Scholars Program?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,257,048 | $3,972,731 | $3,597,407 |
| Revenue | $880,831 | $558,834 | $651,381 |
| Expenses | $737,843 | $690,202 | $548,922 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $258,149 | $121,233 | $51,275 |
| Distributable Amount | — | — | — |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Governor's Scholars Program Inc ($450,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GOVERNOR'S SCHOLARS PROGRAM INC FRANKFORT, KY | ASSIST IN FUNDING CURRENT YEAR OPERATIONS FOR THE GOVERNOR'S SCHOLARS PROGRAM | $450,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUG DRAUT | PRESIDENT/SECRETARY | 40 | $125,660 |
| ALAN STEIN | CHAIR | 0.5 | — |
| VINCE GABBERT | VICE CHAIR | 0.5 | — |
| WILLIAM MALONE | TREASURER | 0.5 | — |
| LAURA COLEMAN PRITCHARD | BOARD MEMBER | 0.25 | — |
| HAROLD H HAL SMITH | BOARD MEMBER | 0.25 | — |
| WAYNE M MARTIN | BOARD MEMBER | 0.25 | — |
| TREY GRAYSON | BOARD MEMBER | 0.25 | — |
| MIKE BUCKENTIN | BOARD MEMBER | 0.25 | — |
| SRINI MATAM | BOARD MEMBER | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Governor's Scholars Program?
Governor's Scholars Program is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, KY. It holds $4.3M in total assets as of 2024.
How large is Governor's Scholars Program?
As of 2024, Governor's Scholars Program holds $4.3M in total assets with $881K in annual revenue. It awarded 1 grants totaling $450K in 2024.
Where does Governor's Scholars Program operate?
Governor's Scholars Program has awarded grants in Kentucky.
What size grants does Governor's Scholars Program award?
In 2024, Governor's Scholars Program awarded 1 grants totaling $450K — an average of about $450K per grant, based on its IRS Form 990 filings.
What is Governor's Scholars Program's EIN?
Governor's Scholars Program's EIN (Employer Identification Number) is 61-1393028. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Governor's Scholars Program's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
The Steele-reese Foundation Xxxxx1004
CHICAGO, IL
Assets
$36.5M
Grants
74
Total Given
$1.8M
Brown Badgett Foundation Inc
HANSON, KY
Assets
$9.3M
Grants
3
Total Given
$287K
The Ayco Charitable Foundation
COHOES, NY
Assets
$1.2B
Grants
4,719
Total Given
$287.7M
Ramtell Inc
TELL CITY, IN
Assets
$290.0M
Grants
42
Total Given
$1.5M
The Lazard Charitable Foundation
NEW YORK, NY
Assets
$10K
Grants
437
Total Given
$1.6M
The Community Foundation of
LOUISVILLE, KY
Assets
$699.5M
Grants
616
Total Given
$55.9M
Lg&e and Ku Foundation Inc
LOUISVILLE, KY
Assets
$24.7M
Grants
491
Total Given
$4.1M
John B & Brownie Young Memorial Fund
OWENSBORO, KY
Assets
$13.7M
Grants
398
Total Given
$655K
The Community Foundation of Louisville
LOUISVILLE, KY
Assets
$22.0M
Grants
373
Total Given
$18.6M
Blue Grass Community Foundation Inc
LEXINGTON, KY
Assets
$253.0M
Grants
369
Total Given
$23.4M
Honorable Order of Kentucky Colonels Inc
LOUISVILLE, KY
Assets
$23.5M
Grants
358
Total Given
$4.5M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Governor's Scholars Program on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Governor's Scholars Program to a real strategy.