Raymond B Preston Family Foundation Inc
Raymond B Preston Family Foundation Inc is a private foundation focused on Arts and culture, based in Henderson, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 1 grant totaling $759K. Net investment income was $1.3M.
Raymond B Preston Family Foundation Inc at a glance
In short: Raymond B Preston Family Foundation Inc gave $759K across 1 grant in 2024 (avg $759K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $758,875
- +14.4% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $758,875
- +14.4% vs 2023
- Median grant
- $758,875
- Total assets
- $9,814,896
- +5.2% 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 October 2026.
How to apply to Raymond B Preston Family Foundation Inc
Open Grants
1 open opportunity from Raymond B Preston Family Foundation Inc
Who Raymond B Preston Family Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Raymond B Preston Family Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+1%). Method
- In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). 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 $584K (2020) to $759K (2024). In 2024 it made 1 grant totaling $759K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Henderson, KY | Charitable | $758,875 |
Ready to take the next step with Raymond B Preston Family Foundation Inc?
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 | $9,814,896 | $1,442,107 | $953,418 | $758,875 | 1 | $816,415 | $1,338,725 | $740,278 |
| 2023 | $9,326,207 | $932,527 | $783,645 | $663,600 | 1 | $707,967 | $841,367 | $659,739 |
| 2022 | $9,179,225 | $530,283 | $832,732 | $677,849 | 1 | $722,050 | $443,368 | $668,542 |
| 2021 | $9,481,674 | $1,635,690 | $883,691 | $750,581 | 1 | $783,270 | $1,520,754 | $754,597 |
| 2020 | $8,729,675 | $911,042 | $685,571 | $584,472 | 1 | — | $825,383 | $615,582 |
Under IRS private-foundation payout rules, Raymond B Preston Family Foundation Inc reported a distributable amount of $740K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Raymond B Preston Family Foundation Inc is led by Connie Walaskay, President & Chairperson since 2024 (on filings since 2022); 1 of 10 officers listed in 2024 is compensated.
Officers on the 2024 filing
Connie Walaskay
President & Chairperson
Secretary & Treasurer → President & Chairperson, 2024
On filings since 2022
1 hr/week
No compensation reported
Charles Morgan
Director
On filings since 2023
1 hr/week
No compensation reported
Bart Critser
Director
New on the 2024 filing
1 hr/week
No compensation reported
Leigh Anne Preston
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Viki Brigham
Director
New on the 2024 filing
1 hr/week
No compensation reported
Viki Walaskay
Director
New on the 2024 filing
1 hr/week
No compensation reported
Andrea Payne
Recording Secretary
On filings since 2022
10 hrs/week
$20K (2022) → $20K (2024)
Jennifer Preston
Secretary & Treasurer
President & Chairperson → Director, 2023
Director → Secretary & Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Scott P. Davis
Administrative Manager
On filings since 2022
5 hrs/week
No compensation reported
Charles Evans
Vice President & Vice Chairperson
Director → Vice President & Vice Chairperson, 2024
On filings since 2023
1 hr/week
No compensation reported
Former officers (6)
- Former: Emily Critser (2022–2023) — Vice President & Vice Chairperson
- Former: Forrest Gurowitz (2022–2023) — Director
- Former: Jeff Preston (2022–2023) — Director
- Former: Jilana Ordman (2022–2023) — President & Chairperson
- Former: Gary Critser (2022) — Secretary & Treasurer
- Former: Miles Morgan (2022) — Director
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $20K, to Andrea Payne (Recording Secretary).
Frequently asked questions about Raymond B Preston Family Foundation Inc
How much does Raymond B Preston Family Foundation Inc give each year?
Raymond B Preston Family Foundation Inc gave $759K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $664K across 1 grant.
How large is Raymond B Preston Family Foundation Inc?
Raymond B Preston Family Foundation Inc reported $9.8M in total assets on its 2024 IRS Form 990-PF. It paid out $816K in qualifying distributions that year, against a required minimum of $740K (roughly 5% of its investment assets).
What is Raymond B Preston Family Foundation Inc?
Raymond B Preston Family Foundation Inc is a private foundation focused on Arts and culture, based in Henderson, KY. It holds $9.8M in total assets as of 2024.
Where does Raymond B Preston Family Foundation Inc operate?
Raymond B Preston Family Foundation Inc has awarded grants in Kentucky.
What is Raymond B Preston Family Foundation Inc's EIN?
Raymond B Preston Family Foundation Inc's EIN (Employer Identification Number) is 52-1676236. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 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
Explore Open Grants
Browse active grant opportunities in Raymond B Preston Family Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Kentucky
The Community Foundation of Louisville Inc
Louisville, KY
The Community Foundation of Louisville funds nonprofits across areas including education, arts and culture, health, and community development, with a focus on Louisville and surrounding communities while also supporting work beyond the region. Its 2025 grants ranged from $5,012 to $3,853,691, with a median of $22,987; it states that grant programs for local nonprofits use an open application and review process.
Assets
$766.9M
Grants
678
Total Given
$55.0M
LG&E and Ku Foundation Inc
Louisville, KY
The foundation funds community organizations in economic development, education, the environment, and diversity, as well as event sponsorships and tree-planting grants, primarily in communities served by LG&E and KU. Its 2025 grants ranged from $100 to $749,000, with a median of $2,500; 96% of grant dollars went to Kentucky. It accepts community grant applications through its online portal in March and October.
Assets
$22.0M
Grants
497
Total Given
$4.3M
John B & Brownie Young Memorial Fund
Owensboro, KY
The fund provides scholarships to eligible high school seniors from four Owensboro-area Kentucky school districts for full-time college or vocational/technical study, primarily supporting the first year. Awards are at least $500, with a $500 median grant in 2025; larger awards depend on students’ financial need. Students are notified and receive application information through their school counselor and Independence Bank; the fund does not state whether it accepts unsolicited requests.
Assets
$13.5M
Grants
392
Total Given
$894K
The Community Foundation of Louisville Depository Inc
Louisville, KY
The Community Foundation of Louisville supports a broad range of causes, including arts, parks, education, social services, and libraries, with most 2025 grant dollars going to Kentucky organizations. Its 2025 grants had a median of $15,200 and ranged from $5,100 to over $2.3 million; the available information does not say whether it accepts unsolicited requests.
Assets
$24.0M
Grants
421
Total Given
$20.5M
Blue Grass Community Foundation Inc
Lexington, KY
Blue Grass Community Foundation funds charitable causes and community needs, including education, housing, basic assistance, and youth wellbeing, primarily in Central and Appalachia Kentucky. Its 2025 grants ranged from about $5,000 to $520,000, with a median of about $16,700; the foundation’s website describes competitive grant opportunities but does not state whether it accepts unsolicited requests.
Assets
$296.2M
Grants
514
Total Given
$20.7M
Honorable Order of Kentucky Colonels Inc
Louisville, KY
The Honorable Order of Kentucky Colonels funds Kentucky 501(c)(3) organizations serving Kentuckians, supporting projects in areas such as education, health, community services, arts, and disaster relief. Its 2024 grants ranged from $370 to $500,000, with a median of about $6,000; Good Works applications require a letter of intent, and the profile does not state whether unsolicited requests are accepted.
Assets
$23.5M
Grants
358
Total Given
$4.5M
More similar funders
More Funders in Kentucky
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Raymond B Preston Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Raymond B Preston Family Foundation Inc down — hundreds of funders to go?