Josephine Ardery Foundation Inc
- Assets
- $1.5m
- Revenue
- $74.8k
- Investments
- $1.4m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 04/2007
- Data as of
- 12/2023
- EIN
- 20-8432064
Organization Overview
Josephine Ardery Foundation Inc is located in Lexington, KY. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Josephine Ardery Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Josephine Ardery Foundation Inc generated $74.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $97.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Josephine Ardery Foundation Inc has awarded 89 individual grants totaling $645,389. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan H Blythe President | 1 | $0 | |
Margo Miller Secretary | 1 | $0 | |
Candace Lane Vice President | 1 | $0 | |
Debra Dawahare Director | 1 | $0 | |
Michael Mills Treasurer | 2 | $0 | |
Sharon Gold Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $40,971 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,856 |
| Capital Gain Net Income | $33,856 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $822 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $160 |
| Other expenses | $933 |
| Total operating and administrative expenses | $17,613 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $97,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,732 |
| Savings and temporary cash investments | $122,586 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $55 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,295,057 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,493,135 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Josephine Ardery Foundation Inc has awarded $80,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BLUEGRASS TRUST FOR HISTORIC PRESERVATION PURPOSE: PRESERVATION OF HISTORIC BUILDINGS | $8,000 |
ALICE LLOYD COLLEGE PURPOSE: PRESERVATION OF HISTORIC BUILDINGS | $5,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: TO SUPPORT HISTORICAL MUSIC | $5,000 |
BLUEGRASS COMMUNITY FOUNDATION PURPOSE: PRESERVATION OF HISTORIC BOOKS | $10,000 |
THE BERRY CENTER PURPOSE: PRESERVE AGRARIAN WAY OF LIFE | $10,000 |
CARNEGIE CENTER FOR LITERACY PURPOSE: PRESERVATION OF HISTORIC BUILDINGS | $1,000 |