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Blue Grass Community Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 616053466 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

Overview

What is Blue Grass Community Foundation Inc?

Blue Grass Community Foundation Inc, established in 1967, is a charitable organization based in Lexington, Kentucky. With a team of 13 employees, the foundation aims to enhance the quality of life in the Bluegrass region by fostering charitable giving and addressing critical community issues. This year, the foundation granted over 3,000 times to more than 1,000 nonprofit organizations and 120 scholarship recipients, all for charitable, religious, scientific, literary, or educational purposes. Currently, they manage over 800 charitable funds, each set up to support causes that matter to their donors and their communities.


Official website here: www.bgcf.org

Is Blue Grass Community Foundation Inc legitimate?

Blue Grass Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Grass Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $416,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $682,119

For more financial information, click here


Official website here: www.bgcf.org

What is the mission statement of Blue Grass Community Foundation Inc?

Blue Grass Community Foundation, established in 1967, aims to enhance the quality of life in the community by boosting charitable giving and addressing crucial community issues. This year, the foundation made over 3,000 grants, benefiting more than 1,000 nonprofit organizations and over 120 scholarship recipients. All grants were exclusively used for charitable, religious, scientific, literary, or educational purposes. Currently, the foundation manages over 800 charitable funds, each established to support causes dear to donors and their communities.


Official website here: www.bgcf.org

Who is the CEO of Blue Grass Community Foundation Inc?

Lisa Adkins is the Director of Blue Grass Community Foundation Inc. The CEO's salary of Blue Grass Community Foundation Inc is $206,638 and their total compensation is $227,942.


Official website here: www.bgcf.org

What is the revenue of Blue Grass Community Foundation Inc?

Blue Grass Community Foundation Inc's revenue in 2022 was $57,304,796.


Official website here: www.bgcf.org

Who are the executives of Blue Grass Community Foundation Inc and what are their salaries?

The average compensation at Blue Grass Community Foundation Inc during 2022 was $84,484. There are 13 employees and 75 volunteers at Blue Grass Community Foundation Inc.

Here are 21 key members and their salaries (Blue Grass Community Foundation Inc's CEO's salary is $206,638 and their total compensation is $227,942):

    Lisa Adkins (President/Ceo)
  • Compensation: $206,638
  • Related: $0
  • Other: $21,304

    • Brian Dineen (Vp Of Finance & Administra)
  • Compensation: $135,700
  • Related: $0
  • Other: $20,197

    • Carolyn F Purcell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hollingshead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • B Blanton Coates Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Garkovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vanessa Grossl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Higgins-Hord (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Krauss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daryl Love (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenna Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marsha Moors-Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Prater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Art Salomon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Shaffar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony B Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fran Taylor (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Reynolds (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Alverson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Salvador Sanchez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bgcf.org

    Where can I find the form 990 for Blue Grass Community Foundation Inc?

    The Blue Grass Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bgcf.org

    Learn more at the official website: www.bgcf.org

    Mission Statement of Blue Grass Community Foundation Inc

    Blue Grass Community Foundation, established in 1967, is a mission-driven organization dedicated to enhancing the quality of life in the Bluegrass region. The community foundation fulfills this commitment by increasing charitable giving and championing critical community issues. With over 3,000 grants distributed during the fiscal year, the organization impacted more than 1,000 nonprofit organizations and 120 scholarship recipients. All grants provided were solely for charitable, religious, scientific, literary, or educational purposes. Blue Grass Community Foundation currently manages over 800 charitable funds, each established to support causes important to donors and their respective communities. By leading the charge in charitable giving, the foundation plays a pivotal role in addressing the unique needs of the region and fostering a thriving community.

    Impact

    This information is meant to be a general summary of Blue Grass Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Blue Grass Community Foundation Inc's impact is significant in the Bluegrass region. Through its grantmaking efforts, the foundation has made over 3,000 grants in the past fiscal year, benefiting more than 1,000 organizations and over 120 scholarship recipients. These grants are exclusively directed towards charitable, religious, scientific, literary, or educational purposes, supporting causes that are crucial to the community's well-being.

    With over 800 charitable funds under its administration, Blue Grass Community Foundation Inc plays a vital role in increasing charitable giving and addressing critical community issues in Lexington, Kentucky. By working towards improving the quality of life in the region, the foundation is actively shaping a better future for the community and fostering a culture of philanthropy.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,808,525
  • Program Service Revenue: $2,019,463
  • Gross Receipts: $87,777,090

    • Assets and Liabilities:
  • Total Assets: $187,166,931
  • Total Liabilities: $18,716,051
  • Net Assets: $168,450,880
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    COMMUNITY SUPPORT FEES

    Revenue

    $2,019,463

    Organization Details

    Founding Year

    1967

    Principal Officer

    Lisa Adkins

    Main Address

    499 EAST HIGH STREET 112, LEXINGTON, KY, 40507

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Blue Grass Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.