Lexington Industrial Foundation

LEXINGTON, KY EIN: 61-6032773

PROMOTE AND ENCOURAGE THE CREATION OF JOBS IN THE CENTRAL KENTUCKY AREA BY IMPROVING BUSINESS CONDITIONS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$516K

+7.2% YoY

Annual Giving

$50K

Grant Count

Avg Grant Size

$50K

About Lexington Industrial Foundation

Based on IRS filings

Lexington Industrial Foundation is a nonprofit organization, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $516K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $33K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $170K (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	$515,979	$481,264	$460,524
Revenue	$34,311	$15,043	$32,286
Expenses	$56,290	$67,362	$95,777
Qualifying Distributions	—	—	—
Net Investment Income	$33,398	—	$32,264
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Commerce Lexington - Lexington Strides Ahead ($50,000).

Recipient	Purpose	Amount
COMMERCE LEXINGTON - LEXINGTON STRIDES AHEAD LEXINGTON, KY	SUPPORT FOR THE MISSION TO PROMOTE ECONOMIC DEVELOPMENT AND EXPANSION IN LEXINGTON	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOB D DARBY TURNER	PRESIDENT	0.5	—
ROBERT M HEWITT	VICE PRESIDENT	0.5	—
HARRY RICHART III	TREASURER	0.5	—
ROBERT L QUICK	SECRETARY	0.5	—
LUTHER DEATON	DIRECTOR	0.5	—
ED HOLMES	DIRECTOR	0.5	—
TIM HAYMAKER	DIRECTOR	0.5	—
WAYNE MARTIN	DIRECTOR	0.5	—
MIRA BALL	DIRECTOR	0.5	—
ELIZABETH WOODWARD	DIRECTOR	0.5	—
ADAM SMITH	DIRECTOR	0.5	—
NICK ROWE	DIRECTOR	0.5	—
ANN B BAKHAUS	DIRECTOR	0.5	—
HERB MILLER	DIRECTOR	0.5	—
KIMRA COLE	DIRECTOR	0.5	—

Frequently Asked Questions

How large is Lexington Industrial Foundation?

As of 2024, Lexington Industrial Foundation holds $516K in total assets with $34K in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does Lexington Industrial Foundation operate?

Lexington Industrial Foundation has awarded grants in Kentucky.

What size grants does Lexington Industrial Foundation award?

In 2024, Lexington Industrial Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

What is Lexington Industrial Foundation's EIN?

Lexington Industrial Foundation's EIN (Employer Identification Number) is 61-6032773. IRS Form 990 filing data is available on this page for 2020–2024.