Independence Foundation Inc
Accepts applications
Independence Foundation Inc is a private foundation in Owensboro, Kentucky. In tax year 2025 it gave $142,866 in 4 grants; the typical grant was $733 and the largest $140,692. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$142,866
- Number of grants4
- Typical grant$733
- Largest grant$140,692
- Assets$405,675
- New grantees0%
Giving in 2025 was down from $250,034 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.0 million | 9 | $336,917 |
| 2024 | $250,034 | 2 | $393,500 |
| 2025 | $142,866 | 4 | $405,675 |
How to apply
| Contact | Human Resources PO Box 988 2425 Frederica Street, Owensboro, KY 42302 |
|---|---|
| Phone or email | (270) 686-1776 |
| What to submit | 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. |
What Independence Foundation Inc funds
Where it gives
All of its grants went to recipients in Kentucky.
| State | Grants | Amount |
|---|---|---|
| Kentucky | 4 | $142,866 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Various - See Attached | See statement | $140,692 |
| Individual | Relief of economic distress, medical bills, rent | $752 |
| Individual | Relief of economic distress, medical bills, rent | $714 |
| Individual | Relief of economic distress, medical bills, rent | $708 |
Officers and trustees
- Tracy Reid
- Chris Reid
- Eve Holder
- Jacob Reid
- Lauren Patton
Questions people ask
Does Independence Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Grant funds: 20th of each month scholarship funds: high school seniors.
How much does Independence Foundation Inc give?
$142,866 in tax year 2025, across 4 grants, with a typical grant of $733.
Who runs Independence Foundation Inc?
Its 2025 filing lists Tracy Reid (Director), Chris Reid (Director), Eve Holder (Administrator) and Jacob Reid (Director) among 5 officers and trustees.
What does Independence Foundation Inc fund?
Based on its grants, mainly health and human services.