Commercial Bank Foundation
Accepts applications
Commercial Bank Foundation is a private foundation in Grayson, Kentucky. In tax year 2025 it gave $39,000 in 20 grants; the typical grant was $1,000 and the largest $20,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$39,000
- Number of grants20
- Typical grant$1,000
- Largest grant$20,000
- Assets$204,397
- New grantees17%
Giving in 2025 was down from $42,037 the year before.
17% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $41,426 | 19 | $246,977 |
| 2024 | $42,037 | 19 | $217,740 |
| 2025 | $39,000 | 20 | $204,397 |
How to apply
| Contact | Jack Wstrotherjr Mark Strother 208 E Main Street, Grayson, KY 41143 |
|---|---|
| Phone or email | (606) 474-7811 |
| What to submit | The college scholarship fund is the only function which utilizes a standard application form. No prescribed form for other functions. |
| Deadlines | Graduating seniors must submit application form by april 15 of that year. |
| Restrictions | The only limitation is on scholarship awards which are restricted to students of carter county schools. Limitations are determined by the trustees. |
What Commercial Bank Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Kentucky.
| State | Grants | Amount |
|---|---|---|
| Kentucky | 19 | $38,000 |
| Ohio | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Kentucky Christian University | Charitable grants for scholarships | $20,000 |
| Tristen Sexton U of L | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | $1,000 | |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Jennifer Nyugen Boston University | Scholarship | $1,000 |
| Jennifer Nyugen Boston University | Scholarship | $1,000 |
| Ssu Development Foundation | Dare to dream school competition | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Foundation for Tristate | Charitable grants for scholarships | $1,000 |
| Individual | Scholarship | $1,000 |
| Kentucky Bankers Association | Flood relief fund | $1,000 |
| Individual | Scholarship | $1,000 |
Officers and trustees
- Jack W Strother Jr
- Mark Strother
Questions people ask
Does Commercial Bank Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Graduating seniors must submit application form by april 15 of that year..
How much does Commercial Bank Foundation give?
$39,000 in tax year 2025, across 20 grants, with a typical grant of $1,000.
Who runs Commercial Bank Foundation?
Its 2025 filing lists Jack W Strother Jr (Co-Trustee) and Mark Strother (Co-Trustee).
What does Commercial Bank Foundation fund?
Based on its grants, mainly education.