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Madisonville College Foundation Inc. is a private corporation based in MADISONVILLE, KY. The foundation received its IRS ruling in 2018. It holds total assets of $374K. Annual income is reported at $122K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Madisonville College Foundation Inc. has made 8 grants totaling $115K, with a median grant of $2K. Annual giving has decreased from $69K in 2021 to $3K in 2023. Individual grants have ranged from $645 to $68K, with an average award of $14K. The foundation has supported 5 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.
Madisonville College Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KY.
Madisonville College Foundation Inc. has distributed a total of $115K across 8 grants. The median grant size is $2K, with an average of $14K. Individual grants have ranged from $645 to $68K.
Madisonville College Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Madisonville College Foundation Inc. is headquartered in MADISONVILLE, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald L Fishman | Treasurer | $0 | $0 | N/A |
| R Steven Cox | Board Chairman | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$281K
Fair Market Value
$283K
Net Worth
$229K
Grants Paid
N/A
Contributions
$82K
Net Investment Income
$4K
Distribution Amount
N/A
Total Grants
8
Total Giving
$115K
Average Grant
$14K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christian Food Bank Of Hopkins CoContribution of procees recd | Madisonville, KY | $2K | 2023 |
| VariousStorm relief | Madisonville, KY | $26K | 2022 |
| Madisonville Community CollegeScholarships | Madisonville, KY | $14K | 2022 |
| Mahr Cancer CenterDonation | Madisoville, KY | $645 | 2022 |
| United Way Of The CoalfieldGrant of specific donations | Madisonville, KY | $1K | 2021 |