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Also known as: FOUNDATION INC
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Community Trust Bank Charitable Foundation Inc. is a private corporation based in PIKEVILLE, KY. The foundation received its IRS ruling in 2022. The principal officer is Kevin Stumbo. It holds total assets of $56K. Annual income is reported at $126K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. According to available records, Community Trust Bank Charitable Foundation Inc. has made 8 grants totaling $69K, with a median grant of $8K. Individual grants have ranged from $4K to $14K, with an average award of $9K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Community Trust Bank Charitable Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KY.
Community Trust Bank Charitable Foundation Inc. has distributed a total of $69K across 8 grants. The median grant size is $8K, with an average of $9K. Individual grants have ranged from $4K to $14K.
Community Trust Bank Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Community Trust Bank Charitable Foundation Inc. is headquartered in PIKEVILLE, KY.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles W Hancock | Secretary | $0 | $0 | N/A |
| Richard Newsom | Vice President / Director | $0 | $0 | N/A |
| Kevin Stumbo | Treasurer / Director | $0 | $0 | N/A |
| Mark Gooch | President / Director | $0 | $0 | N/A |
| Year | Return Type | |
|---|---|---|
| 2022 | 990PF | View |
Total Giving
$69K
Total Assets
$56K
Fair Market Value
$56K
Net Worth
$56K
Grants Paid
$69K
Contributions
$126K
Net Investment Income
N/A
Distribution Amount
$851
Total Grants
8
Total Giving
$69K
Average Grant
$9K
Median Grant
$8K
Unique Recipients
8
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carol Mosleyflood loss reimbursement | Hindman, KY | $14K | 2022 |
| Lucinda Mullinsflood loss reimbursement | Bypro, KY | $14K | 2022 |
| James Matt Combsflood loss reimbursement | Lost Creek, KY | $14K | 2022 |
| Julie Colemanflood loss reimbursement | Jenkins, KY | $8K | 2022 |
| Mckayla Lucasflood loss reimbursement | Pikeville, KY | $8K | 2022 |
| Linda Neaseflood loss reimbursement | Ermine, KY | $4K | 2022 |
| Casey Tackettflood loss reimbursement | Virgie, KY | $4K | 2022 |
| Twila Roseflood loss reimbursement | Jenkins, KY | $4K | 2022 |