Kentucky Mountain Laurel Foundation Inc

Foundation · Grantmaker Middlesboro, KY EIN: 61-1199460

The general puposes of the corporation include, but are not limited to the following:1. To promote higher education; and2. To preserve and maintain the heritage of the kentucky mountain laurel festival

Key facts about Kentucky Mountain Laurel Foundation Inc

In short: Kentucky Mountain Laurel Foundation Inc reported $4K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
61-1199460
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$3,750 — reported as a total on the IRS filing, without an itemized list
Total assets
$862,593

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$863K

+9.9% YoY

Grants Paid (reported total)

$4K

+650.0% YoY

Revenue

$88K

+70.0% YoY

Net Investment Income

$67K

+86.3% YoY

About Kentucky Mountain Laurel Foundation Inc

Based on IRS filings

Kentucky Mountain Laurel Foundation Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in Middlesboro, KY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $863K in total assets. In 2025, it reported $4K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $67K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Pineville

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20KTotal only20221 grants2023Total only2024Total only2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2022202320242025
Metric202520242023
Total Assets$862,593$784,744$716,289
Revenue$87,801$51,662$8,098
Expenses$37,908$23,746$45,393
Qualifying Distributions———
Net Investment Income$66,714$35,812$-4,052
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS June 3, 2025)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS June 3, 2025)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS August 26, 2026)

Leadership & Key People

Officers and directors from IRS filings

Kentucky Mountain Laurel Foundation Inc is led by W. Neale Bennett IV, President since 2023 (on filings since 2022); none of the 13 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • W. Neale Bennett IV

    President

    Director → President, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Billie Jo Setzer

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Calvin Butch Baird Jr.

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Camden Skidmore

    Director

    President → Director, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Colby Slusher

    Director

    Treasurer → Director, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Joe Smith

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Katherine Reese

    Director

    Secretary → Director, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kimberly Chandler

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Terry Lacer

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Madison Bowling

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jane Winkler Dyche

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Charles Buddy Bishop

    Treasurer

    Director → Treasurer, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Jonna Knox

    Secretary

    Director → Secretary, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Kentucky Mountain Laurel Foundation Inc

How much does Kentucky Mountain Laurel Foundation Inc give each year?

Kentucky Mountain Laurel Foundation Inc reported $4K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $500 in grants paid.

How large is Kentucky Mountain Laurel Foundation Inc?

Kentucky Mountain Laurel Foundation Inc reported $863K in total assets on its 2025 IRS Form 990. Its revenue that year was $88K.

What is Kentucky Mountain Laurel Foundation Inc?

Kentucky Mountain Laurel Foundation Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in Middlesboro, KY. It holds $863K in total assets as of 2025.

Where does Kentucky Mountain Laurel Foundation Inc operate?

Kentucky Mountain Laurel Foundation Inc has awarded grants in Kentucky.

What is Kentucky Mountain Laurel Foundation Inc's EIN?

Kentucky Mountain Laurel Foundation Inc's EIN (Employer Identification Number) is 61-1199460. IRS Form 990 filing data is available on this page for 2022–2025.

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

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