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. 61 publicly reported grants to this organization, totaling roughly $1.4M, appear in IRS filings.

EIN: 611285473 LEXINGTON, KY Latest filing: 2025
Total Revenue$11.0M
Total Expenses$8.2M
Total Assets$50.2M
Grant Records61
Funding Total$1.4M
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.

Sample Grants Received

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
ARTS, CULTURE & HUMANITIES
$38,665
2024
For grant recipient's exempt purposes
$28,985

Showing up to 5 of 61 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

B90 EDUCATIONAL SERVICES AND SCHOOLS-OTHER
$338,018 12 grants
For grant recipient's exempt purposes
$247,524 9 grants
ARTS, CULTURE & HUMANITIES
$241,385 9 grants
EDUCATION
$100,714 5 grants
COLLABORATIVE HEALTH INITIATIVE
$100,000 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.

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