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Commonwealth Fund For Ket Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611285473 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

Overview

What is Commonwealth Fund For Ket Inc?

Commonwealth Fund for KET Inc. is a nonprofit organization situated in Lexington, Kentucky, with a primary mission to support the educational, charitable, and public purposes of the Kentucky Authority for Educational Television (KET). As one of the largest public television networks in the nation, KET reaches over 2 million people weekly, offering a mix of locally produced programs focusing on Kentucky history, culture, and public affairs, along with the PBS lineup. The Commonwealth Fund collects, manages, and administers funds raised through various activities, primarily benefiting KET and the related Kentucky Educational Television Foundation, Inc. (Foundation). The organization delivers trusted children's educational programming, cradle-to-career instructional services, and resources for educators, impacting numerous teachers, students, families, and communities in Kentucky and beyond.


Official website here: www.ket.org

Is Commonwealth Fund For Ket Inc legitimate?

Commonwealth Fund For Ket Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Fund For Ket Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ket.org

What is the mission statement of Commonwealth Fund For Ket Inc?

The Commonwealth Fund for KET Inc's mission is to support and advance the educational, charitable, and public purposes of the Kentucky Authority for Educational Television (Authority) and the related Kentucky Educational Television Foundation, Inc. (Foundation). The primary objective of the fund is to receive, hold, and administer funds obtained through its fundraising activities, primarily within Kentucky, for the benefit of both the Authority and the Foundation. The fund's activities are geared towards enhancing the educational, charitable, and public goals of these organizations.


Official website here: www.ket.org

Who is the CEO of Commonwealth Fund For Ket Inc?

Michele Ripley is the President of Commonwealth Fund For Ket Inc.


Official website here: www.ket.org

What is the revenue of Commonwealth Fund For Ket Inc?

Commonwealth Fund For Ket Inc's revenue in 2023 was $7,109,511.


Official website here: www.ket.org

Who are the executives of Commonwealth Fund For Ket Inc and what are their salaries?

Here are 19 key members and their salaries:

    Shae Hopkins (Director (Authority))
  • Compensation: $0
  • Related: $261,737
  • Other: $144,540

    • Michele Ripley (President)
  • Compensation: $0
  • Related: $134,225
  • Other: $25,026

    • Dan Griffith (Director (Authority))
  • Compensation: $0
  • Related: $450
  • Other: $0

    • Nick Nicholson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John S Domaschko (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly D Patton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert M Beck Jr (Director (Authority))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Moore Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice K Houston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • D R Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilma Prather (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Simpson-Conley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael A Owsley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mira S Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vickie Yates Brown Glisson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William T Young Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary M Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nana Lampton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ket.org

    Where can I find the form 990 for Commonwealth Fund For Ket Inc?

    The Commonwealth Fund For Ket Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ket.org

    Learn more at the official website: www.ket.org

    Mission Statement of Commonwealth Fund For Ket Inc

    Commonwealth Fund for KET, Inc., is a nonprofit organization with a mission to support and advance the educational, charitable, and public purposes of the Kentucky Authority for Educational Television (Authority) and the Kentucky Educational Television Foundation, Inc. (Foundation). The primary objective of Commonwealth Fund for KET, Inc. is to receive, hold, and administer funds raised through its activities, primarily within Kentucky, for the benefit of both the Authority and the Foundation. The organization's role is instrumental in furthering the causes and objectives of these two entities, contributing to the betterment of education and related public endeavors in the state of Kentucky.

    Impact

    This information is meant to be a general summary of Commonwealth Fund For Ket Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Commonwealth Fund For Ket Inc's impact is significant in supporting the mission of the Kentucky Authority for Educational Television (KET). This organization plays a crucial role in providing high-quality educational resources to over 2 million people weekly, benefiting every school district in Kentucky and classrooms nationwide. By delivering a wide range of educational programming through broadcast, mobile, and connected devices, KET serves the educational needs of the state by offering trusted children's educational content, cradle-to-career instructional services, and professional training for educators. Through their efforts, Commonwealth Fund For Ket Inc contributes to the enhancement of education and public service in Kentucky.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $373,436
  • Program Service Revenue: $0
  • Gross Receipts: $20,261,688

    • Assets and Liabilities:
  • Total Assets: $38,561,241
  • Total Liabilities: $579,638
  • Net Assets: $37,981,603
  • Organization Details

    Founding Year

    1994

    Principal Officer

    Michele Ripley

    Main Address

    560 COOPER DRIVE, LEXINGTON, KY, 40502

    NTEE Category

    Code: A112 - Arts

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