Kentucky Historical Society Foundation Inc

Organization Overview

Kentucky Historical Society Foundation Inc is located in Frankfort, KY. The organization was established in 1991. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Kentucky Historical Society Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Historical Society 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 06/2022, Kentucky Historical Society Foundation Inc generated $671.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $631.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

KHSF EXISTS SOLELY TO ASSIST AND SUPPORT THE KY HISTORICAL SOCIETY. THE KHS MISSION IS TO EDUCATE & ENGAGE THE PUBLIC THROUGH KY HISTORY TO CONFRONT THE CHALLENGES OF THE FUTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THERE IS A STRONG PUBLIC-PRIVATE PARTNERSHIP BETWEEN KHS AND THE KENTUCKY HISTORICAL SOCIETY FOUNDATION. OVER THE YEARS, THIS PARTNERSHIP HAS RESULTED IN THE BUILDING OF THE THOMAS D. CLARK CENTER FOR KENTUCKY HISTORY, THE ACQUISITION OF SOME OF KENTUCKY'S MOST SIGNIFICANT HISTORICAL TREASURES, THE EXPANSION STATEWIDE OF THE HISTORICAL MARKERS PROGRAM, AND MANY IMPORTANT EDUCATION INITIATIVES INCLUDING THE NATIONALLY AWARD-WINNING HISTORYMOBILE AND HISTORYSMARTS PROGRAMS, AND NATIONAL HISTORY DAY. MORE THAN 4,500 KENTUCKY MIDDLE AND HIGH SCHOOL STUDENTS PARTICIPATE EACH YEAR. IN ANY GIVEN YEAR INDIVIDUALS, CORPORATIONS AND FOUNDATIONS GIVE TO NEARLY FORTY DIFFERENT KHS PROGRAMS AND ACTIVITIES AT KHS. THESE GIFTS HELP MAKE KHS COLLECTIONS MORE ACCESSIBLE TO THE PUBLIC AND TO TEACH KENTUCKY STUDENTS IMPORTANT CRITICAL THINKING SKILLS BY ENGAGING THEM IN THE HISTORICAL PROCESS. THEY ALSO HELP RAISE AWARENESS OF LOCAL HISTORY RESOURCES THROUGHOUT THE COMMONWEALTH, PRESERVE OUR HERITAGE, AND TEACH US WHAT IT MEANS TO BE A KENTUCKIAN.


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Board, Officers & Key Employees

Name (title)Compensation
David Smith
President
$0
Scott Alvey
Secretary
$0
Chip Atkins
Second Vice President
$0
Steve Stewart
First Vice President
$0
Jim Rickard
Treasurer
$0
Elizabeth Lloyd Jones
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$287,163
Noncash contributions included in lines 1a–1f $93,744
Total Revenue from Contributions, Gifts, Grants & Similar$287,163
Total Program Service Revenue$58,815
Investment income $127,650
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $198,092
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $671,720

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Kentucky Historical Society Foundation Inc has recieved totaling $20,059.

Awarding OrganizationAmount
Blue Grass Community Foundation Inc

Lexington, KY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$10,000
Brereton And Elizabeth Jones Charitable Family Foundation

Midway, KY

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$59
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,963,220
Earnings-$597,372
Other Expense$340,000
Ending Balance$5,025,848

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