Public Charity

COMMONWEALTH FUND FOR KET INC

COMMONWEALTH FUND FOR KET INC is a Public Charity headquartered in LEXINGTON, KY. Financial data from the 2025 filing: $11.0M revenue, $8.2M expenses, $50.2M total assets. 66 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.

EIN: 611285473 LEXINGTON, KY Single Organization Support NTEE: A11 Latest filing: 2025
Total Revenue$11.0M
Total Expenses$8.2M
Total Assets$50.2M
Grant Records66
Funding Total$1.5M
Filing Years2020–2025

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT AND FURTHER THE EDUCATIONAL, CHARITABLE AND PUBLIC PURPOSES AND ACTIVITIES OF THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION (AUTHORITY) AND THE RELATED KENTUCKY EDUCATIONAL TELEVISION FOUNDATION, INC. (FOUNDATION). THE FUND'S PRIMARY PURPOSE IS TO RECEIVE, HOLD AND ADMINISTER FUNDS PROVIDED BY ITS FUNDRAISING ACTIVITIES, WHICH ARE CONCENTRATED PRIMARILY IN THE STATE OF KENTUCKY, FOR THE BENEFIT OF THE AUTHORITY AND THE FOUNDATION.

Where $100 goes at Commonwealth Fund for Ket Inc

How Commonwealth Fund for Ket Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$67 Programs the work itself
$21 Management running the organization
$12 Fundraising raising the next dollar

Inside the $67 for programs

$67
The organization's purpose is to support the mission of the authority for kentucky educational television, the governing body of kentucky educational television (ket)
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$6,635
2024
AWARENESS OF HEALTH ISSUES
$100,000
2024
B90 EDUCATIONAL SERVICES AND SCHOOLS-OTHER
$61,845
2024
B90 EDUCATIONAL SERVICES AND SCHOOLS-OTHER
$48,181
2024
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
$40,500

Showing up to 5 of 66 total records — full history available with membership.

Officers & Directors

DIRECTOR Alice K Houston
TREASURER Bill Jones
DIRECTOR (AUTHORITY) Dan Griffith
DIRECTOR Donovan Blackburn
DIRECTOR D R Ball
DIRECTOR Hilma Prather

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$546,382 19 grants
General Support
$455,938 30 grants
Arts & Culture
$241,385 9 grants
Health & Medicine
$200,000 3 grants
Human & Social Services
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $11.0M $8.2M $50.2M
2024 $15.0M $12.8M $45.2M
2023 $7.1M $7.4M $38.6M
2021 $10.3M $6.0M $38.4M
2020 $7.2M $6.0M $28.5M

Between 2020 and 2025, reported annual revenue grew from $7.2M to $11.0M (+53%), with total assets most recently reported at $50.2M.

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

See the full picture for COMMONWEALTH FUND FOR KET INC

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