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Kentucky · Nonprofit

Madisonville College Foundation

Madisonville College Foundation (Kentucky) receives grants from 2 organizations whose IRS filings report $517,000 to it, the largest being Lowes Foundation ($450,000). 1 of them have funded it in more than one year.

Revenue FY2025
$122k
Funders on record
2
Grants received
$517k
Net assets
$311k
1/2 repeat funderspeak grant-dependency 18%
01What it does

What Madisonville College Foundation does

Program

  1. N/a

    $0 spent

The program described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($209k) Expenses 100 ($208k) Net assets 100 ($330k)2021 Revenue 53 ($112k) Expenses 107 ($223k) Net assets 66 ($219k)2022 Revenue 27 ($56k) Expenses 26 ($55k) Net assets 43 ($142k)2023 Revenue 27 ($57k) Expenses 11 ($24k) Net assets 53 ($175k)2024 Revenue 41 ($86k) Expenses 15 ($32k) Net assets 69 ($229k)2025 Revenue 58 ($122k) Expenses 23 ($48k) Net assets 94 ($311k)
202020212022202320242025
Revenue (58)Expenses (23)Net assets (94)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $330k to $219k (−34%).

$330k
$219k
$209k
$242k
$281k
$374k
202020212022202320242025
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

R Steven Cox

Board Chairman

As listed on its FY2025 Form 990-PF.

202020212022202320242025
Listed212222
Joined······
No longer listed······
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $5k → $1k.

Funder
'20
'22
'23
'24*
'25*
total
funders
1
1
1
2
1

From the IRS filings of Madisonville College Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Madisonville College Foundation leans on a few funders — its largest provides 87% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Madisonville College Foundation.

87%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Madisonville College Foundation draws 87% of its grant income from funders outside Kentucky, across 2 states in all.

KY
NC

In-state vs out-of-state, by year

’20
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Madisonville College Foundation holds deeper cash reserves than three-quarters of the 16,849 education nonprofits its size.

Months of reserve75.4mo · top quartile
Revenue growth (annualized)−10% · bottom quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like Madisonville College Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Madisonville College Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Madisonville College Foundation?
Madisonville College Foundation (Kentucky) receives grants from 2 organizations whose IRS filings report $517,000 to it, the largest being Lowes Foundation ($450,000). 1 of them have funded it in more than one year.
How many funders does Madisonville College Foundation have?
IRS filings report 2 organizations giving $517,000 in grants to Madisonville College Foundation, 1 of which have funded it in more than one year.
Who is the largest funder of Madisonville College Foundation?
Lowes Foundation is the largest funder on record, with $450,000 in grants. The full list of funders is on this page.
How can an organization like Madisonville College Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing