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Independence Foundation Incorporated is a private corporation based in OWENSBORO, KY. The foundation received its IRS ruling in 2009. The principal officer is % Wes Hamilton. It holds total assets of $394K. Annual income is reported at $332K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Independence Foundation Incorporated has made 13 grants totaling $2.2M, with a median grant of $7K. Annual giving has grown from $686K in 2021 to $1.5M in 2022. Individual grants have ranged from $200 to $1.5M, with an average award of $168K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Independence Foundation Incorporated primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in KY.
Independence Foundation Incorporated has distributed a total of $2.2M across 13 grants. The median grant size is $7K, with an average of $168K. Individual grants have ranged from $200 to $1.5M.
The application deadline is APPLICATIONS FOR GRANT FUNDS MUST BE RECEIVED BY THE 20TH OF EACH MONTH TO BE CONSIDERED FOR THAT MO. APPLICANTS FOR GRANT FUNDS MUST BE EMPLOYED AT INDEPENDENCE BANK. APPLICANTS FOR SCHOLARSHIPS MUST REMAIN IN COLLEGE AS FULL TIME STUDENTS AND MAINTAIN A 3.2 GPA.
Independence Foundation Incorporated is headquartered in OWENSBORO, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eve Holder | ADMINISTRATOR | $0 | $0 | $0 |
| Lauren Patton | MANAGER | $0 | $0 | $0 |
| Tracy Reid | DIRECTOR | $0 | $0 | $0 |
| Chris Reid | DIRECTOR | $0 | $0 | $0 |
| Jacob Reid | DIRECTOR | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$337K
Fair Market Value
$337K
Net Worth
$337K
Grants Paid
$1M
Contributions
$906K
Net Investment Income
$0
Distribution Amount
$20K
Total Grants
13
Total Giving
$2.2M
Average Grant
$168K
Median Grant
$7K
Unique Recipients
12
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various - See AttachedSEE ATTACHMENT | Owensboro, KY | $1.5M | 2022 |
| Nicholas JacobsRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Owensboro, KY | $9K | 2022 |
| Robasha RobinsonRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Owensboro, KY | $7K | 2022 |
| Laura UeltschiRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Frankfort, KY | $7K | 2022 |
| Emily PriceRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Owensboro, KY | $7K |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY
| 2022 |
| Amy HaywoodRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Fordsville, KY | $7K | 2022 |
| Ashley BeasleyRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Lacenter, KY | $7K | 2022 |
| Marian ReiszRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Owensboro, KY | $5K | 2022 |
| Michael MoseleyRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Owensboro, KY | $4K | 2022 |
| Christy PerryRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Scottsville, KY | $2K | 2021 |
| Summer FlowersRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Frankfort, KY | $2K | 2021 |
| Haley OwensRELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | Rumsey, KY | $200 | 2021 |
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