Lexington Industrial Foundation Inc
Promote and encourage the creation of jobs in the central Kentucky area by improving business conditions.
Key facts about Lexington Industrial Foundation Inc
In short: Lexington Industrial Foundation Inc gave $50K across 1 grant in 2025 (avg $50K), mostly in Kentucky. Source: 2025 IRS Form 990.
- EIN
- 61-6032773
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $50,000
- Grants made (2025)
- 1
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $532,970
- Primary geography
- Kentucky (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$533K
+3.3% YoY
Annual Giving
$50K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$50K
+0.0% YoY
How Lexington Industrial Foundation Inc gives
- Giving fell 44% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Lexington Industrial Foundation Inc
Based on IRS filings
Lexington Industrial Foundation Inc is a public charity, based in Lexington, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $533K in total assets. In 2025, it awarded 1 grant totaling $50K. Net investment income was $38K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $50K (2024) to $90K (2022). In 2025 it made 1 grant totaling $50K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Commerce Lexington - Lexington Strides Ahead ($50K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Commerce Lexington - Lexington Strides Ahead Lexington, KY | Support for the mission to promote economic development and expansion in lexington | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $532,970 | $515,979 | — |
| Revenue | $37,684 | $34,311 | $15,043 |
| Expenses | $57,591 | $56,290 | $67,362 |
| Net Investment Income | $37,684 | $33,398 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS February 14, 2023)
- Updated Form 990-EZ for fiscal year 2023 (received by the IRS April 29, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS April 27, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Lexington Industrial Foundation Inc is led by Job D. Darby Turner, President on every filing since 2020; none of the 15 officers listed in 2025 report compensation.
Officers on the 2025 filing
Job D. Darby Turner
President
On filings since 2020
0.2 hrs/week
No compensation reported
Ann B. Bakhaus
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Ed Holmes
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Herb Miller
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Luther Deaton
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Mira Ball
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Nick Rowe
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Tim Haymaker
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Wayne Martin
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Adam Smith
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Kimra Cole
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Elizabeth Woodward
Director
On filings since 2024
0.2 hrs/week
No compensation reported
Harry Richart III
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Robert L. Quick
Secretary
On filings since 2020
0.2 hrs/week
No compensation reported
Robert M. Hewett
Vice President
On filings since 2020
0.2 hrs/week
No compensation reported
Former officers (5)
- Former: Paula C. Hanson (2020–2023) — Director
- Former: John Gohmann (2021–2022) — Director
- Former: Raymond Daniels (2020) — Director
- Former: Robby Trimble (2020) — Director
- Former: Rufus Friday (2020) — Director
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.
Frequently asked questions about Lexington Industrial Foundation Inc
How much does Lexington Industrial Foundation Inc give each year?
Lexington Industrial Foundation Inc gave $50K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $50K across 1 grant.
How large is Lexington Industrial Foundation Inc?
Lexington Industrial Foundation Inc reported $533K in total assets on its 2025 IRS Form 990. Its revenue that year was $38K.
Where does Lexington Industrial Foundation Inc operate?
Lexington Industrial Foundation Inc has awarded grants in Kentucky.
What is Lexington Industrial Foundation Inc's EIN?
Lexington Industrial Foundation Inc's EIN (Employer Identification Number) is 61-6032773. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Lexington Industrial Foundation Inc by hand.
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