Kentucky State University Foundation Inc

Public charity · Grantmaker Frankfort, KY EIN: 23-7351574

Administering the collection and disbursements of scholarship funds to eligible students and providing monetary support for the academic programs and activities of Kentucky state university.

Kentucky State University Foundation Inc at a glance

In short: Kentucky State University Foundation Inc gave $1.9M across 1 grant in 2025 (avg $1.9M), mostly in Kentucky. Source: 2025 IRS Form 990.

Annual giving (2025)
$1,938,264
+1003.2% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$1,938,264
+1003.2% vs 2024
Median grant
$1,938,264
Total assets
$12,740,735
-6.6% vs 2024
Primary geography
Kentucky (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

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

Who Kentucky State University Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Kentucky State University: $1.9MKentucky State University$1.9M

The largest 2025 recipient was Kentucky State University ($1.9M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K1$250–500K2$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Frankfort

How Kentucky State University Foundation Inc gives

  • Giving grew 183% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $176K (2024) to $1.9M (2025). In 2025 it made 1 grant totaling $1.9M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Kentucky State University Frankfort, KYUniversity Support$1,938,264
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$12,740,735$2,155,526$3,171,380$1,938,2641$1,657,371
2024$13,638,109$1,682,741$1,719,342$175,6941$1,031,377
2023$13,010,447$1,147,200$1,360,347$422,4621$448,294
2022$12,278,931$1,229,754$1,399,046$685,2161$622,774
2021$14,653,010$3,515,041$1,689,092$531,4951$916,894
2020$10,912,736$806,460$1,470,774$383,4501$244,776

About Kentucky State University Foundation Inc

Based on IRS filings

Kentucky State University Foundation Inc is a public charity focused on Education, based in Frankfort, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $12.7M in total assets. In 2025, it awarded 1 grant totaling $1.9M. Net investment income was $1.7M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Kentucky State University Foundation Inc is led by Willie E. Peale Jr., President on every filing since 2020; 1 of 26 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Willie E. Peale Jr.

    President

    On filings since 2020

    No compensation reported

  • A. Frazier Curry

    Trustee

    On filings since 2020

    No compensation reported

  • Ann B. Garvin

    Trustee

    Trustee → Executive Secretary, 2021

    Executive Secretary → Trustee, 2022

    On filings since 2020

    No compensation reported

  • Charles Whitehead Sr.

    Trustee

    On filings since 2020

    No compensation reported

  • Clifford Claiborne

    Trustee

    On filings since 2020

    No compensation reported

  • George Moore

    Trustee

    On filings since 2020

    No compensation reported

  • Herbert N. Watkins

    Trustee

    On filings since 2020

    No compensation reported

  • Jeffrey McDonald

    Trustee

    On filings since 2020

    No compensation reported

  • Johnny Sheppard

    Trustee

    On filings since 2020

    No compensation reported

  • Kathleen Sloan

    Trustee

    On filings since 2020

    No compensation reported

  • Kendra Hamilton-Wynn

    Trustee

    On filings since 2020

    No compensation reported

  • Kevin R. Cooke Jr.

    Trustee

    On filings since 2020

    No compensation reported

  • Laytonya Dawson

    Trustee

    On filings since 2020

    No compensation reported

  • Lea Robertson

    Trustee

    Trustee → President, 2021

    President → Trustee, 2022

    On filings since 2020

    No compensation reported

  • Lytle T. Davis

    Trustee

    On filings since 2020

    No compensation reported

  • Mary Loretta Stewart

    Trustee

    On filings since 2021

    No compensation reported

  • Aaron Terrell

    Trustee

    On filings since 2023

    No compensation reported

  • Kimberly Reed Thompson

    Trustee

    On filings since 2023

    No compensation reported

  • Chuck Morse

    Trustee

    New on the 2025 filing

    No compensation reported

  • Rance Williams

    Trustee

    New on the 2025 filing

    No compensation reported

  • Renee Micou

    Trustee

    New on the 2025 filing

    No compensation reported

  • Richard Graves

    Trustee

    New on the 2025 filing

    No compensation reported

  • William Wilson

    Trustee

    New on the 2025 filing

    No compensation reported

  • Donald W. Lyons

    Treasurer

    Executive Secretary → Treasurer, 2021

    On filings since 2020

    38 hrs/week

    $111K (2020) → $168K (2025)

  • Tava T. Clay

    Secretary

    Secretary & Assistant Treasurer → Secretary, 2021

    On filings since 2020

    No compensation reported

  • Patricia Stone

    Vice President

    On filings since 2021

    No compensation reported

Former officers (6)
  • Former: Lee Charles Harris (2020–2022) — Trustee
  • Former: Cuttie W. Bacon IV (2020) — Trustee
  • Former: M. Loretta Stewart (2020) — Trustee
  • Former: Naomi Barkley (2020) — Trustee
  • Former: Patricia Wilkes-Stone (2020) — Vice President
  • Former: William H. Mason Jr. (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Donald Lyons — Treasurer: $168KDonald LyonsTreasurer$168K

The highest reported compensation on the 2025 filing was $168K, to Donald Lyons (Treasurer).

Frequently asked questions about Kentucky State University Foundation Inc

How much does Kentucky State University Foundation Inc give each year?

Kentucky State University Foundation Inc gave $1.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $176K across 1 grant.

How large is Kentucky State University Foundation Inc?

Kentucky State University Foundation Inc reported $12.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.2M.

What is Kentucky State University Foundation Inc?

Kentucky State University Foundation Inc is a public charity focused on Education, based in Frankfort, KY. It holds $12.7M in total assets as of 2025.

Where does Kentucky State University Foundation Inc operate?

Kentucky State University Foundation Inc has awarded grants in Kentucky.

What is Kentucky State University Foundation Inc's EIN?

Kentucky State University Foundation Inc's EIN (Employer Identification Number) is 23-7351574. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Kentucky State University Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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