Independence Foundation Inc
https://N/A
$394K
Total Assets (2024)
$250K
Total Giving (2024)
11
Grants on File (2019–2024)
$125K
Avg Grant Size
About
Assets decreased by more than 25% due to a large amount of distributions to charitable organizations.
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
HUMAN RESOURCES
Phone
2706861776
Deadlines
GRANT FUNDS: 20TH OF EACH MONTH SCHOLARSHIP FUNDS: HIGH SCHOOL SENIORS
How to Apply
APPLICANTS FOR GRANT FUNDS SHOULD BRING APPLICATION IN HAND, INCLUDING OTHER REQUESTED SUPPORTING DOCUMENTS SUCH AS BILLS, LETTER FROM LANDLORD, ETC. APPLICANTS FOR SCHOLARSHIPS SHOULD SUBMIT HIGH SCHOOL GRADES TO DATE, ACT SCORES, AND A SCHOLARSHIP ESSAY. APPLICATIONS ARE JUDGED ON THESE FACTORS AND ALSO FINANCIAL NEED. PERSONAL INTERVIEWS ARE CONDUCTED WITH THE SCHOLARSHIP FINALISTS.
Restrictions
APPLICANTS FOR GRANT FUNDS MUST BE EMPLOYED AT INDEPENDENCE BANK. APPLICANTS FOR SCHOLARSHIPS MUST REMAIN IN COLLEGE AS FULL TIME STUDENTS AND MAINTAIN A 3.2 GPA.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | N/A | $239K | $787K | N/A |
| 2020 | N/A | $180K | $716K | N/A |
| 2021 | N/A | $420K | $932K | N/A |
| 2023 | N/A | $337K | $906K | N/A |
| 2024 | N/A | $394K | $332K | N/A |
Grant Size Distribution
Based on 11 grants on record
Minimum
$500
25th Pctl
$1K
Median
$5K
Average
$115K
75th Pctl
$8K
Maximum
$988K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| Tracy Reid | Director | — |
| Lauren Patton | Manager | — |
| Jacob Reid | Director | — |
| Eve Holder | Administrator | — |
| Chris Reid | Director | — |
| MARJORIE A REID | DIRECTOR | — |
Grants Awarded (11 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| VARIOUS - SEE ATTACHED | Owensboro, KY | $987,741 | VARIOUS - SEE ATTACHED | 2023 |
| VARIOUS - SEE ATTACHED | OWENSBORO, KY | $248,824 | SEE ATTACHMENT | 2024 |
| KAYLA NEWMAN | OWENSBORO, KY | $7,731 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |
| ASHLEY HAYDEN | PADUCAH, KY | $5,504 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |
| MICHAEL MOSELEY | OWENSBORO, KY | $5,350 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |
| CATHERINE KASINGER | OWENSBORO, KY | $4,992 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |
| CARLEY HELM | OWENSBORO, KY | $4,360 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |
| ALEXIS BAKER FISHER | OWENSBORO, KY | $1,615 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |
| LAURA UELTSCHI | FRANKFORT, KY | $1,210 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2024 |
| MARIAN REISZ | OWENSBORO, KY | $916 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |
| EMILY PRICE | OWENSBORO, KY | $500 | RELIEF OF ECONOMIC DISTRESS, MEDICAL BILLS, RENT | 2023 |