Kincaid Foundation

LEXINGTON, KY EIN: 61-6033698

Kincaid Foundation is a private foundation, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 19 grants totaling $83K. Net investment income was $55K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+1.6% YoY

Annual Giving

$83K

+22.2% YoY

Grant Count

+11.8% YoY

Avg Grant Size

$4K

+9.4% YoY

Under IRS private-foundation payout rules, Kincaid Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Kincaid Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $313K (100%)

States

Kentucky

Cities

Lexington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,137,296	$1,118,900	$1,150,039
Revenue	$112,240	$41,784	$49,996
Expenses	$90,924	$73,408	$61,544
Qualifying Distributions	$83,933	$69,061	$58,925
Net Investment Income	$55,246	$22,999	$20,424
Distributable Amount	$61,401	$57,984	$52,262

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 2024

Grant Size Distribution

80 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bigabo Jackson ($5,500), Brent Edington ($5,500), Brice Craig ($5,500).

Recipient	Purpose	Amount
ALLISON OHARA LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$2,500
BIGABO JACKSON LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$5,500
BRENT EDINGTON LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$5,500
BRICE CRAIG LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$5,500
BRYCE JENKINS LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$5,500
CAROLINE DAVIS LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$5,500
CHRISTINE MARIE ARGUS LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$2,500
DOROTTY PETRA GAL LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$5,500
ISAIAH MCFARLAND LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$2,500
LYNDON PAYNE LEXINGTON, KY	COLLEGE SCHOLARSHIP BASED ON NEED	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOAN D KINCAID	PRESIDENT-DIRECTOR	1	—
MICHAEL D FOLEY	SECR/TREAS-DIRECTOR	1	—
GARVICE D KINCAID DECEASED	FOUNDER	—	—
BARRY HICKEY	DIRECTOR	1	—

Frequently Asked Questions

How large is Kincaid Foundation?

As of 2024, Kincaid Foundation holds $1.1M in total assets with $112K in annual revenue. It awarded 19 grants totaling $83K in 2024.

Where does Kincaid Foundation operate?

Kincaid Foundation has awarded grants in Kentucky.

What size grants does Kincaid Foundation award?

In 2024, Kincaid Foundation awarded 19 grants totaling $83K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Kincaid Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kincaid Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.