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Pin Oak Foundation Inc. is a private corporation based in VERSAILLES, KY. The foundation received its IRS ruling in 2019. The principal officer is John W Backer Jr. It holds total assets of $6.6M. Annual income is reported at $2M. Total assets have grown from $8K in 2019 to $6.6M in 2024. The foundation is governed by 3 officers and trustees. 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 2020 to 2024. Grantmaking is concentrated in Kentucky. According to available records, Pin Oak Foundation Inc. has made 8 grants totaling $1.2M, with a median grant of $113K. Annual giving has grown from $135K in 2020 to $500K in 2023. Individual grants have ranged from $20K to $500K, with an average award of $145K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$33K
Average Grant
$34K
Largest Grant
$50K
Based on 4 grants from the most recent 990-PF filing.
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.
Pin Oak Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KY.
Pin Oak Foundation Inc. has distributed a total of $1.2M across 8 grants. The median grant size is $113K, with an average of $145K. Individual grants have ranged from $20K to $500K.
Pin Oak Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is NONE NONE.
Pin Oak Foundation Inc. is headquartered in VERSAILLES, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John W Backer Jr | PRESIDENT | $0 | $0 | N/A |
| Teresa Damron | TRUSTEE | $0 | $0 | N/A |
| Sharon Naas | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.6M
Fair Market Value
N/A
Net Worth
$6.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$1.2M
Average Grant
$145K
Median Grant
$113K
Unique Recipients
5
Most Common Grant
$175K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Old FriendsRETIRED THOROUGHBRED NON-PROFIT | Georgetown, KY | $500K | 2023 |
| Bluegrass Community FoundationPUBLIC CHARITYPUBLIC CHARITY | Lexington, KY | $175K | 2022 |
| Fayette Alliance FoundationPUBLIC CHARITY | Lexington, KY | $50K | 2020 |
| National Christian FoundationPUBLIC CHARITY | Lexington, KY | $40K | 2020 |
| The Lexington SchoolPUBLIC CHARITY | Lexington, KY | $25K | 2020 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY