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Ken Towery Family Foundation is a private trust based in LOUISVILLE, KY. The foundation received its IRS ruling in 2020. The principal officer is Hilliard Lyons Trust Company LLC. It holds total assets of $1.4M. Annual income is reported at $183K. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Ken Towery Family Foundation has made 15 grants totaling $454K, with a median grant of $25K. Annual giving has grown from $47K in 2021 to $125K in 2023. Grantmaking activity was highest in 2022 with $282K distributed across 8 grants. Individual grants have ranged from $2K to $68K, with an average award of $30K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Kentucky and Missouri and Indiana. 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.
Ken Towery Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in KY, MO, IN.
Ken Towery Family Foundation has distributed a total of $454K across 15 grants. The median grant size is $25K, with an average of $30K. Individual grants have ranged from $2K to $68K.
Ken Towery Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ken Towery Family Foundation is headquartered in LOUISVILLE, KY. While based in KY, the foundation distributes grants to organizations across 3 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$141K
Total Assets
$1.5M
Fair Market Value
$2.8M
Net Worth
$1.5M
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$87K
Distribution Amount
$131K
Total: $1.4M
Total Grants
15
Total Giving
$454K
Average Grant
$30K
Median Grant
$25K
Unique Recipients
5
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southern Baptist Theological SemRELIGIOUS CHARITABLE | Louisville, KY | $55K | 2023 |
| Love The HungryPROVIDING MEALS TO | Louisville, KY | $25K | 2023 |
| Concordia Lutheran ChurchRELIGIOUS CHARITABLE | Louisville, KY | $25K | 2023 |
| Lutheran Church Missouri SynodRELIGIOUS CHARITABLE | St Louis, MO | $20K | 2023 |
| Lakeview MinistriesRELIGIOUS CHARITABLE | Seymour, IN | $3K | 2022 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY