The Old State Capitol in Frankfort, Kentucky
Foundation Lookup

Form 990-PFTax year 2025EIN 26-1568393

Independence Foundation Inc

A private foundation in Owensboro, KY. Its return for tax year 2025 lists 3 grants and $142,866 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Human Resources
PO Box 988 2425 Frederica Street
Owensboro, KY 42302
(270) 686-1776
Form and materials
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.
Deadlines
Grant funds: 20th of each month scholarship funds: high school seniors
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.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $142,866

    Grants listed
    3
    Assets, end of year
    $405,675

  • Tax year 2024

    $250,034

    Grants listed
    1
    Assets, end of year
    $393,500

  • Tax year 2023

    $1,018,709

    Grants listed
    8
    Assets, end of year
    $336,917

  • Tax year 2022

    $1,502,854

    Grants listed
    8
    Assets, end of year
    $479,712

  • Tax year 2021

    $686,473

    Grants listed
    3
    Assets, end of year
    $419,718

  • Tax year 2020

    $770,301

    Grants listed
    5
    Assets, end of year
    $179,738

  • Tax year 2019

    $834,628

    Grants listed
    6
    Assets, end of year
    $238,810

Grants paid in 2025

3 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. This return lists its grants in an attachment that is not in the IRS e-file: $140,692 in all.

  2. Individual

    Relief of economic distress, medical bills, rent

    $752
  3. Individual

    Relief of economic distress, medical bills, rent

    $714
  4. Individual

    Relief of economic distress, medical bills, rent

    $708

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Tracy ReidDirector Hours 0.25Pay $0
  • Chris ReidDirector Hours 0.25Pay $0
  • Eve HolderAdministrator Hours 0.25Pay $0
  • Jacob ReidDirector Hours 0.25Pay $0
  • Lauren PattonManager Hours 0.25Pay $0

The return

More foundations

Other foundations in Kentucky

  1. American Friends of St Georges & Descendants of the KnightsGlenview, KY 2 grants Preselected only $141,405 giving
  2. Robert & Gladys Harris Char Tua ConsLouisville, KY 3 grants Preselected only $144,348 giving
  3. Trust Under Will of Leight M Wilso FBO Leight M Wilson Foundation IncGlasgow, KY 1 grant Preselected only $145,000 giving
  4. A L and Virginia Johnson FoundationFranklin, KY 2 grants Preselected only $145,000 giving
  5. Anne C Stoll TRLexington, KY 3 grants Preselected only $145,860 giving