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

1

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

1states

States

Cities

Lexington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$26K$53K$79K$105K20202021202220232024
Metric202420232022
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

$0$15K$30K$45K$60K1 grants20201 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

COMMERCE LEXINGTON - LEX…$50K

Grant Size Distribution

3 grants across all recorded years

<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOB D DARBY TURNERPRESIDENT0.5
ROBERT M HEWITTVICE PRESIDENT0.5
HARRY RICHART IIITREASURER0.5
ROBERT L QUICKSECRETARY0.5
LUTHER DEATONDIRECTOR0.5
ED HOLMESDIRECTOR0.5
TIM HAYMAKERDIRECTOR0.5
WAYNE MARTINDIRECTOR0.5
MIRA BALLDIRECTOR0.5
ELIZABETH WOODWARDDIRECTOR0.5
ADAM SMITHDIRECTOR0.5
NICK ROWEDIRECTOR0.5
ANN B BAKHAUSDIRECTOR0.5
HERB MILLERDIRECTOR0.5
KIMRA COLEDIRECTOR0.5

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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