Governor's Scholars Program

FRANKFORT, KY EIN: 61-1393028 Website

TO RAISE AND MANAGE FINANCIAL SUPPORT FOR THE GOVERNOR'S SCHOLARS PROGRAM, INC. (GSP), AS WELL AS TO PROVIDE PLANNED GIVING OPPORTUNITIES FOR DONORS WHO ARE INTERESTED IN SUPPORTING GSP.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$4.3M

+7.2% YoY

Annual Giving

$450K

+5.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$450K

+5.9% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$242K$484K$727K$969K20202021202220232024
Metric202420232022
Total Assets$4,257,048$3,972,731$3,597,407
Revenue$880,831$558,834$651,381
Expenses$737,843$690,202$548,922
Qualifying Distributions
Net Investment Income$258,149$121,233$51,275
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$113K$225K$338K$450K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

GOVERNOR'S SCHOLARS PROG…$450K

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Governor's Scholars Program fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DOUG DRAUTPRESIDENT/SECRETARY$126K

From 2024 filing

NameTitleHoursCompensation
DOUG DRAUTPRESIDENT/SECRETARY40$125,660
ALAN STEINCHAIR0.5
VINCE GABBERTVICE CHAIR0.5
WILLIAM MALONETREASURER0.5
LAURA COLEMAN PRITCHARDBOARD MEMBER0.25
HAROLD H HAL SMITHBOARD MEMBER0.25
WAYNE M MARTINBOARD MEMBER0.25
TREY GRAYSONBOARD MEMBER0.25
MIKE BUCKENTINBOARD MEMBER0.25
SRINI MATAMBOARD MEMBER0.25

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Frankfort

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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