Keeneland Foundation Inc

LEXINGTON, KY EIN: 61-1358165

Keeneland Foundation Inc is a private foundation focused on Human Services, based in LEXINGTON, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $429K in total assets. In 2025, it awarded 16 grants totaling $195K. Net investment income was $7K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$429K

+11.1% YoY

Annual Giving

$195K

+4.5% YoY

Grant Count

-23.8% YoY

Avg Grant Size

$12K

+37.1% YoY

Under IRS private-foundation payout rules, Keeneland Foundation Inc reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.

About Keeneland Foundation Inc

Based on IRS filings

Focus Areas

Human Services

Ready to take the next step with Keeneland Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $877K (90%)

Illinois $100K (10%)

States

Illinois Kentucky

Cities

ElmhurstFrankfortLancasterLexingtonManchesterMidwayNicholasvillePerryvilleVersaillesWilmore

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$428,500	$385,562	$342,677
Revenue	$243,162	$234,159	$305,416
Expenses	$200,224	$191,274	$180,851
Qualifying Distributions	$196,556	$187,828	$177,850
Net Investment Income	$6,619	$23	$460
Distributable Amount	$30,534	$24,626	$18,240

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

86 grants across all recorded years

Open Grants

1 open opportunity from Keeneland Foundation Inc

Foundation

Keeneland Foundation Grant

KEENELAND FOUNDATION INC

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Blue Grass Community Foundation Inc ($50,000), Ed Brown Society ($50,000), Lexington Public Library Foundation ($25,000).

Recipient	Purpose	Amount
BLUE GRASS COMMUNITY FOUNDATION INC LEXINGTON, KY	TO SUPPORT LIGHT UP RACING	$50,000
CENTER FOR WOMEN CHILDREN AND FAMILIES INC LEXINGTON, KY	GENERAL OPERATING GRANT	$5,000
CENTRAL KENTUCKY RIDING FOR HOPE INC LEXINGTON, KY	GENERAL OPERATING GRANT	$3,900
DV8 KITCHEN VOCATIONAL TRAINING FOUNDATION LEXINGTON, KY	GENERAL OPERATING GRANT	$8,500
ED BROWN SOCIETY LEXINGTON, KY	GENERAL OPERATING GRANT	$50,000
EXPLORIUM OF LEXINGTONLEXINGTON CHILDREN'S MUSEUM LEXINGTON, KY	GENERAL OPERATING GRANT	$5,000
FOODCHAIN INC LEXINGTON, KY	GENERAL OPERATING GRANT	$5,000
GOD'S PANTRY FOOD BANK INC LEXINGTON, KY	GENERAL OPERATING GRANT	$5,000
HOOVES OF HOPE EQUESTRIAN CENTER INC LANCASTER, KY	GENERAL OPERATING GRANT	$2,500
KENTUCKY EQUINE ADOPTION CENTER NICHOLASVILLE, KY	GENERAL OPERATING GRANT	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
WILLIAM M LEAR JR	PRESIDENT & DIRECTOR	1	—
SHANNON BISHOP ARVIN	VICE PRESIDENT	1	—
KARI WEST	SECRETARY	1	—
HUNTER STOUT	TREASURER	1	—
EVERETT DOBSON	DIRECTOR	1	—
WILLIAM S FARISH JR	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Keeneland Foundation Inc?

Keeneland Foundation Inc is a private foundation focused on Human Services, based in LEXINGTON, KY. It holds $429K in total assets as of 2025.

How large is Keeneland Foundation Inc?

As of 2025, Keeneland Foundation Inc holds $429K in total assets with $243K in annual revenue. It awarded 16 grants totaling $195K in 2025.

Where does Keeneland Foundation Inc operate?

Keeneland Foundation Inc has awarded grants in Illinois, Kentucky.

What size grants does Keeneland Foundation Inc award?

In 2025, Keeneland Foundation Inc awarded 16 grants totaling $195K — an average of about $12K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2025, Keeneland Foundation Inc reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.