Tackett Foundation Inc

MAYFIELD, KY EIN: 61-1359783

Tackett Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD, KY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 11 grants totaling $215K. Net investment income was $2K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$215K

+331.7% YoY

Grant Count

+57.1% YoY

Avg Grant Size

$20K

+174.7% YoY

Under IRS private-foundation payout rules, Tackett Foundation Inc reported a distributable amount of $7K for 2023 — the minimum it must pay out in qualifying distributions.

About Tackett Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $306K (83%)

Tennessee $31K (8%)

Indiana $19K (5%)

Georgia $10K (3%)

Oklahoma $1K (0%)

States

Georgia Indiana Kentucky Oklahoma Tennessee

Cities

ArlingtonBethanyEvansvilleHendersonLebanonLowesMarionMayfieldMelberMorganfieldMurrayStockbridge

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$196,757	$290,579
Revenue	$-1,710	$13,508	$28,656
Expenses	$219,854	$52,627	$66,398
Qualifying Distributions	$215,000	$49,800	—
Net Investment Income	$1,884	$11,051	$25,540
Distributable Amount	$7,230	$11,855	$14,547

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Grant Size Distribution

38 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include New Pathways for Children ($50,000), West Ky Youth Camp ($50,000), Graves County Long Term Recovery ($40,000).

Recipient	Purpose	Amount
BREAD OF LIFE LOWES, KY	CHARITY	$20,000
MACEDONIA CHURCH OF CHRIST MAYFIELD, KY	RELIGIOUS	$10,000
MILBURN COMMUNITY CEMETARY ARLINGTON, KY	PUBLIC CEMETARY	$10,000
NEW PATHWAYS FOR CHILDREN MELBER, KY	CHILD WELFARE	$50,000
ROZZELL CHAPEL CHURCH CEMETERY FUND MAYFIELD, KY	RELIGIOUS	$5,000
WASHINGTON AVENUE CHURCH OF CHRIST EVANSVILLE, IN	RELIGIOUS	$5,000
WEST KY YOUTH CAMP MARION, KY	PROMOTE YOUTH RELATIONSHIPS	$50,000
GRAVES COUNTY LONG TERM RECOVERY MAYFIELD, KY	LONG TERM CARE FACILITY	$40,000
NEW BEGINNINGS SHELTER STOCKBRIDGE, GA	RELIGIOUS	$10,000
NORTHSIDE CHURCH OF CHRIST MAYFIELD, KY	RELIGIOUS	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
GREG SLOAN	PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Tackett Foundation Inc?

Tackett Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD, KY. It holds — in total assets as of 2023.

Where does Tackett Foundation Inc operate?

Tackett Foundation Inc has awarded grants in Georgia, Indiana, Kentucky, Oklahoma, Tennessee.

What size grants does Tackett Foundation Inc award?

In 2023, Tackett Foundation Inc awarded 11 grants totaling $215K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Tackett Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Tackett Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.