Public Charity

COMMONWEALTH CENTER FOR COMMERCIALIZATION INC

Based in FRANKFORT, KY, COMMONWEALTH CENTER FOR COMMERCIALIZATION INC operates as a Public Charity. The organization reported $43K in revenue, $14.8M in expenses for fiscal year 2020. Imperigo tracks 2 reported grants from this foundation totaling approximately $300K.

EIN: 832425275 FRANKFORT, KY General Support NTEE: DEFAULT Latest filing: 2020
Total Revenue$43K
Total Expenses$14.8M
Grants Given2
Grant Total$300K
Filing Years2019–2020

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT AND ACCELERATE SCIENCE AND TECHNOLOGY INVENTION AND ENTREPRENEURSHIP ACROSS THE STATE OF KENTUCKY BY PROVIDING CAPITAL INVESTMENTS TO SMALL AND MEDIUM-SIZED KENTUCKY BASED COMPANIES WHILE ADMINISTERING THE INITIATIVES AND PROGRAMS OF THE KENTUCKY INNOVATION ACT, INCLUDING ADMINISTERING THE OBJECTIVES OF THE KENTUCKY ENTERPRISE FUND, THE KENTUCKY RURAL INNOVATION FUND, AND THE KENTUCKY COMMERCIALIZATION FUND

Sample Grants Given

CUDDLE CLONES HOLDINGS LLC
LOUISVILLE, KY · 2019
START-UP EXPENSES
$150,000
SMART FARM SYSTEMS INC
NICHOLASVILLE, KY · 2019
START-UP EXPENSES
$150,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

DIRECTOR Aaron Thompson
DIRECTOR & PRESIDENT Brian Mefford
DIRECTOR Ian Mcclure
DIRECTOR & TREASURER Jackson Andrews
DIRECTOR Terry Gill
DIRECTOR Vivek Sarin

Officer compensation and complete director data available with membership.

Top Grant Purposes

START-UP EXPENSES
$300,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2020 $43K $14.8M
2019 $14.8M $15 $14.8M

Between 2019 and 2020, reported annual revenue declined from $14.8M to $43K (-100%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in KY.

KY

Full geographic grant map with state-by-state breakdown available with membership.

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