Marksbury Family Foundation Inc
Marksbury Family Foundation Inc is a private foundation focused on Human Services, based in Nicholasville, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.3M in total assets. In 2024, it awarded 3 grants totaling $981K. Net investment income was $1.2M.
Marksbury Family Foundation Inc at a glance
In short: Marksbury Family Foundation Inc gave $981K across 3 grants in 2024 (avg $327K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $981,000
- -8.1% vs 2023
- Grants made (2024)
- 3
- -40.0% vs 2023
- Average grant
- $327,000
- +53.2% vs 2023
- Median grant
- $300,000
- Total assets
- $13,318,221
- +2.7% vs 2023
- Primary geography
- Kentucky (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Marksbury Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Bluegrass Community Foundation ($410K). Together the top 3 received $981K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 12 grants of 32 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Marksbury Family Foundation Inc gives
- Giving grew 89% from 2021 to 2024. Method
- In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $519K (2021) to $1.1M (2023). In 2024 it made 3 grants totaling $981K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bluegrass Community Foundation Lexington, KY | Donation to enhance quality of life in the bluegrass region | $410,000 |
| Lexington Public Library Foundation Lexington, KY | Capital campaign pledge of $300k over six years to rebuild a library branch | $300,000 |
| United Way of the Bluegrass Lexington, KY | Donation to support the organization's efforts to help children & families succeed | $271,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $13,318,221 | $1,258,755 | $1,010,903 | $981,000 | 3 | $991,210 | $1,247,719 | $1,140,291 |
| 2023 | $12,973,541 | $798,179 | $1,097,903 | $1,067,034 | 5 | $1,083,235 | $790,486 | $903,895 |
| 2022 | $13,271,119 | $589,916 | $909,181 | $892,034 | 5 | $901,876 | $578,890 | $905,716 |
| 2021 | $13,590,384 | $264,580 | $528,676 | $518,947 | 4 | $526,931 | $261,094 | $984,453 |
| 2020 | $13,854,480 | $304,568 | $816,245 | $803,500 | 15 | — | $298,433 | $827,883 |
Under IRS private-foundation payout rules, Marksbury Family Foundation Inc reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Marksbury Family Foundation Inc is led by Logan Marksbury, Executive Director on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Logan Marksbury
Executive Director
On filings since 2020
0.3 hrs/week
No compensation reported
Davis L. Marksbury Jr.
Chairman
On filings since 2020
0.3 hrs/week
No compensation reported
Davis L. Marksbury III
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Doris G. Marksbury
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Stacie Marksbury
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Beverly E. Marksbury
Treasurer & Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Marksbury Family Foundation Inc
How much does Marksbury Family Foundation Inc give each year?
Marksbury Family Foundation Inc gave $981K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 5 grants.
What is Marksbury Family Foundation Inc's typical grant size?
Marksbury Family Foundation Inc's median grant in 2024 was $300,000, and its average grant was $327,000, across 3 grants on its 2024 IRS Form 990-PF.
Where does Marksbury Family Foundation Inc give grants?
Marksbury Family Foundation Inc gives mostly in Kentucky: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lexington, KY (3 grants).
Does Marksbury Family Foundation Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Marksbury Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
How large is Marksbury Family Foundation Inc?
Marksbury Family Foundation Inc reported $13.3M in total assets on its 2024 IRS Form 990-PF. It paid out $991K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Marksbury Family Foundation Inc?
Marksbury Family Foundation Inc is a private foundation focused on Human Services, based in Nicholasville, KY. It holds $13.3M in total assets as of 2024.
What is Marksbury Family Foundation Inc's EIN?
Marksbury Family Foundation Inc's EIN (Employer Identification Number) is 26-4737208. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Marksbury Family Foundation Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Marksbury Family Foundation Inc's focus areas in our free grants database
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