Nonprofit · EIN 61-6053466
BLUE GRASS COMMUNITY FOUNDATION INC
Tax-exempt · LEXINGTON, KY 40507
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $64,287,841 | $34,010,126 | $30,277,715 | $296,229,100 | $30,713,398 | $265,515,702 |
| June 30, 2024 | 990 | $45,056,474 | $33,386,198 | $11,670,276 | $252,952,729 | $25,455,176 | $227,497,553 |
| June 30, 2023 | 990 | $57,159,622 | $27,853,076 | $29,306,546 | $223,373,063 | $22,554,148 | $200,818,915 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $43,287,377
- of which government grants
- $975,445
- Program service revenue
- $2,775,748
- Investment income
- $18,224,716
- Net gain from sales of assets
- $6,162,880
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $27,250,165
- Compensation of officers, directors and key employees
- $512,939
- Other salaries and wages
- $1,086,787
- Salaries, compensation and benefits (total)
- $1,908,258
- Professional fundraising fees
- $0
- Legal fees
- $31,689
- Accounting fees
- $24,275
- Occupancy
- $31,479
- Travel
- $66,560
- Depreciation
- $20,259
- Program services (functional)
- $31,010,768
- Management and general (functional)
- $2,795,022
- Fundraising (functional)
- $204,336
Balance sheet and other
- Total assets, start of year
- $252,952,729
- Total assets, end of year
- $296,229,100
- Total liabilities, end of year
- $30,713,398
- Net assets, end of year
- $265,515,702
- Land, buildings and equipment
- $496,438
- Publicly traded securities
- $239,172,534
- Net assets without donor restrictions
- $670,450
- Net assets with donor restrictions
- $264,845,252
- Gross unrelated business income
- -$1,733,384
- Gross receipts
- $106,189,706
- Employees
- 18
- Volunteers
- 125
- Year formed
- 1967
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA ADKINS | PRESIDENT/CEO Officer | 40 | $268,484 | $27,488 |
| BRIAN DINEEN | VP OF FINANCE & ADMINISTRA Officer | 40 | $162,690 | $27,499 |
| SCOTT FITZPATRICK | EMPLOYEE Highest-paid employee | 40 | $130,273 | $20,934 |
| ANTHONY B THOMPSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ART SALOMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| B BLANTON COATES JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARYL LOVE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR TIFFANY DANIELS DC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GENTRY COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BACKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTEN LARUE BOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LESME ROMERO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA HIGGINS-HORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LOUIE KESSINGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHELLE RAWLINGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE KRETZ | DIRECTOR Trustee or director | 1 | $0 |
| NOA GIMELLI | DIRECTOR Trustee or director | 1 | $0 |
| SUZANNE SHAFFAR | DIRECTOR Trustee or director | 1 | $0 |
| WALTER MORRIS | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE HOLLINGSHEAD | CHAIR Trustee or director, Officer | 5 | $0 |
| BILL ALVERSON | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| MARSHA MOORS-CHARLES | SECRETARY Trustee or director, Officer | 5 | $0 |
| SUSAN KRAUSS | TREASURER Trustee or director, Officer | 5 | $0 |
| ANDY REYNOLDS | PAST BOARD CHAIR Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA ADKINS | PRESIDENT/CEO Officer | 40 | $250,030 | $25,643 |
| BRIAN DINEEN | VP OF FINANCE & ADMINISTRA Officer | 40 | $153,918 | $24,294 |
| SCOTT FITZPATRICK | EMPLOYEE Highest-paid employee | 40 | $121,896 | $18,791 |
| B BLANTON COATES JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GENTRY COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR TIFFANY DANIELS DC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NOA GIMELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA HIGGINS-HORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN KRAUSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE KRETZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARYL LOVE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WALTER MORRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DREW RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LESME ROMERO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ART SALOMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUZANNE SHAFFAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY REYNOLDS | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| MICHELLE HOLLINGSHEAD | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| MARSHA MOORS-CHARLES | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| BILL ALVERSON | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ANTHONY B THOMPSON | SCHOLARSHIPS CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| FRAN TAYLOR | PAST BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA ADKINS | PRESIDENT/CEO Officer | 40 | $234,516 | $24,092 |
| BRIAN DINEEN | VP OF FINANCE & ADMINISTRA Officer | 40 | $146,234 | $22,448 |
| TIFFANY DANIELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NOA GIMELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VANESSA GROSSL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA HIGGINS-HORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN KRAUSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARYL LOVE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARSHA MOORS-CHARLES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WALTER MORRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DREW RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ART SALOMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUZANNE SHAFFAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY B THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY REYNOLDS | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| MICHELLE HOLLINGSHEAD | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| SALVADOR SANCHEZ | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| BILL ALVERSON | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| CAROLYN F PURCELL | SCHOLARSHIPS CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| FRAN TAYLOR | PAST BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 499 E HIGH ST STE 112, LEXINGTON, KY 40507-1977
- In care of
- % BRIAN DINEEN
- Principal officer (990 for 2024)
- LISA ADKINS, 499 EAST HIGH STREET 112, LEXINGTON, KY 40507
- Signed the 990
- LISA ADKINS, PRESIDENT/CEO
- Phone
- (859) 225-3343
- Website
- WWW.BGCF.ORG
- Return prepared by
- BLUE & CO LLC
Mission
ESTABLISHED IN 1967, BLUE GRASS COMMUNITY FOUNDATION'S MISSION IS TO IMPROVE THE QUALITY OF LIFE IN THE BLUEGRASS REGION BY INCREASING CHARITABLE GIVING AND LEADING ON CRITICAL COMMUNITY ISSUES.
Program accomplishments
- GRANTMAKING THE COMMUNITY FOUNDATION MADE OVER 3,000 GRANTS THIS FISCAL YEAR IMPACTING MORE THAN 1,000 NONPROFIT ORGANIZATIONS AND OVER 120 SCHOLARSHIP RECIPIENTS. ALL GRANTS WERE MADE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES. THE COMMUNITY FOUNDATION CURRENTLY ADMINISTERS MORE THAN 800 CHARITABLE FUNDS ESTABLISHED TO SUPPORT CHARITABLE CAUSES THAT ARE IMPORTANT TO OUR DONORS AND THEIR COMMUNITIES.Expenses $27,250,165 · grants $27,250,165 · revenue $2,775,748
- COMMUNITY ENGAGEMENT THE COMMUNITY FOUNDATION LEADS AND CONVENES ON KEY COMMUNITY ISSUES AND PROJECTS. WE PARTNER WITH NATIONAL FUNDERS, STATE AND CITY GOVERNMENT AND LOCAL RESIDENTS TO MAKE OUR REGION THE MOST GENEROUS, VIBRANT AND ENGAGED PLACE IT CAN BE. EXAMPLES OF OUR COMMUNITY ENGAGEMENT EFFORTS INCLUDE "LEXINGTON BLACK PROSPERITY INITIATIVE", "GOODGIVING CHALLENGE AND "BGCF 365". TO LEARN MORE ABOUT THESE PROGRAMS AND OTHER LEADERSHIP AND ENGAGEMENT EFFORTS PLEASE VISIT WWW.BGCF.ORG/ENGAGE.Expenses $3,760,603
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-6053466
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31Z)
- Assets (IRS master file)
- $296,229,100
- Income (IRS master file)
- $106,189,706
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $64,287,841 | $34,010,126 | $296,229,100 | IRS |
| 990 | June 2024 | $45,056,474 | $33,386,198 | $252,952,729 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $57,159,622 | $27,853,076 | $223,373,063 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $57,304,796 | $21,286,267 | $187,166,931 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-6053466).
Questions about BLUE GRASS COMMUNITY FOUNDATION INC
- What is the EIN of BLUE GRASS COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of BLUE GRASS COMMUNITY FOUNDATION INC is 61-6053466.
- Is BLUE GRASS COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to BLUE GRASS COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BLUE GRASS COMMUNITY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BLUE GRASS COMMUNITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLUE GRASS COMMUNITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BLUE GRASS COMMUNITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names LISA ADKINS.
- Who are the officers and directors of BLUE GRASS COMMUNITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 24 people; 3 received compensation from the organization, the highest $268,484 (LISA ADKINS, PRESIDENT/CEO).
- How much revenue does BLUE GRASS COMMUNITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $64,287,841, expenses of $34,010,126 and total assets of $296,229,100 at year end.
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