Kda Lifting Spirits Foundation Inc

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

EIN: 851627113 ✦ Frankfort, KY ✦ Designated as a 501(c)(3)

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Overview

What is Kda Lifting Spirits Foundation Inc?

Kda Lifting Spirits Foundation Inc, a nonprofit based in Frankfort, Kentucky, with an address at 100 Capital Ave, 40601, was established with the mission to foster education and workforce development within Kentucky's distilled spirits industry. They achieve this goal by offering scholarships to students pursuing related fields. The selected candidates are nominated by universities, and the scholarship payments are directly transferred to the participating universities. This foundation aims to support the growth and prosperity of the distilled spirits industry by nurturing skilled professionals.

Is Kda Lifting Spirits Foundation Inc legitimate?

Kda Lifting Spirits Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kda Lifting Spirits 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kda Lifting Spirits Foundation Inc?

The Kda Lifting Spirits Foundation Inc was established with a mission to support the education of students about Kentucky's distilled spirits industry. The organization's primary objectives include providing scholarships and vocational educational workforce development for individuals interested in pursuing careers in the distilled spirits industry. The scholarship program is a key activity of the foundation, aimed at offering financial assistance to students studying in relevant fields, identified and nominated by universities. Scholarship payments are directly made to the participating universities.

Who is the CEO of Kda Lifting Spirits Foundation Inc?

Eric Gregory is the Director of Kda Lifting Spirits Foundation Inc.

What is the revenue of Kda Lifting Spirits Foundation Inc?

Kda Lifting Spirits Foundation Inc's revenue in 2022 was $1,886,874.

Who are the executives of Kda Lifting Spirits Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Lisa Banner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gregory (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Pendergrass (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rj Whittington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kda Lifting Spirits Foundation Inc?

Kda Lifting Spirits Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kda Lifting Spirits Foundation Inc

Kda Lifting Spirits Foundation Inc was established with a mission to support the education of students about Kentucky's distilled spirits industry. The foundation aims to provide scholarships and vocational educational workforce development opportunities within this industry. By doing so, it aims to nurture a skilled workforce that can contribute to the growth and success of the distilled spirits industry in Kentucky. The scholarship program is a significant initiative of the foundation, with students in relevant fields being identified and nominated by universities. The foundation funds these students through tuition assistance, directly paying the participating universities. This approach ensures that students have the necessary education to thrive in the distilled spirits industry, thereby contributing to its growth and development.

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Impact




July, 2024

The Kda Lifting Spirits Foundation Inc's impact lies in supporting education and workforce development within Kentucky's distilled spirits industry. Through its scholarship program, the foundation provides tuition assistance to deserving candidates selected by universities. Additionally, the organization has received donations from individuals and companies linked to the Kentucky distillery sector, enabling it to contribute to significant causes such as the eastern Kentucky flood relief fund and the west end opportunity fund. This support not only fosters educational opportunities but also aids in community development, showcasing the foundation's dedication to uplifting spirits and making a positive impact in both educational and charitable realms.




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


Financials

This financial information is from Propublica.

Revenue
$1,886,874 (2022)
Expenses
$1,766,813 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,373
  • Gross Receipts: $1,886,874

Assets and Liabilities:

  • Total Assets: $206,337
  • Total Liabilities: $0
  • Net Assets: $206,337

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Organization Details

Principal Officer

Eric Gregory

Main Address

100 CAPITAL AVE, FRANKFORT, KY, 40601

NTEE Category

Code: B82 - Education

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