TY 2014 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) BUD WATSON........................................................................ GRANTS/SCHOLARSHIPS CHAIR	2.00 .......................	X	X	0	0	0
(2) ARTHUR R SALOMON........................................................................ CHAIR	3.00 .......................	X	X	0	0	0
(3) JONATHAN BARKER........................................................................ TREASURER	2.00 .......................	X	X	0	0	0
(4) JOHN MILWARD........................................................................ AT-LARGE	1.00 .......................	X	X	0	0	0
(5) JOE ROSENBERG........................................................................ INVESTMENT CHAIR	2.00 .......................	X	X	0	0	0
(6) FRAN TAYLOR........................................................................ SECRETARY	2.00 .......................	X	X	0	0	0
(7) MADONNA TURNER........................................................................ VICE CHAIR	2.00 .......................	X	X	0	0	0
(8) ALEXANDER ZANDY G CAMPBELL III........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(9) GRIFFIN VANMETER........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(10) TRAVIS MUSGRAVE........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(11) DR RONALD SAYKALY........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(12) RUFUS FRIDAY........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(13) LISA HIGGINS-HORD........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(14) ASHLEY ROBBINS........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(15) NANCY ALLEN TURNER........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(16) LISA ADKINS........................................................................ CEO	40.00 .......................		X	141,725	0	12,352

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.	(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	8,371,125	8,371,125
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ....	216,161	216,161
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............
4	Benefits paid to or for members ....
5	Compensation of current officers, directors, trustees, and key employees ....	152,956	137,660	10,707	4,589
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages ....	533,255	479,929	37,328	15,998
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	41,239	37,115	2,887	1,237
9	Other employee benefits .......	54,017	48,616	3,781	1,620
10	Payroll taxes ...........	52,057	46,851	3,644	1,562
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	13,117	6,559	6,558
c	Accounting ...........	13,117	6,559	6,558
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	228,252		228,252
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ....	67,316	67,316
12	Advertising and promotion ....	74,426	66,902		7,524
13	Office expenses .......	27,013	18,733	7,538	742
14	Information technology ......	15,578	4,198	11,380
15	Royalties ..
16	Occupancy ...........	22,427	20,184	1,570	673
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....	29,952	14,976	14,976
20	Interest ...........	19,956	17,960	1,397	599
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization .....	75,421	67,879	5,279	2,263
23	Insurance ..............	8,069		8,069
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	COMMUNITY SUPPORT FEES	922,729	922,729
b	SERVICE AGREEMENTS	58,482		58,482
c	MEMBERSHIP DUES & LICEN	14,177	11,895	1,886	396
d	EQUIPMENT	10,945	9,851	766	328
e	All other expenses	26,585	11,601	10,169	4,815
25	Total functional expenses. Add lines 1 through 24e	11,048,372	10,584,799	421,227	42,346
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............		1
2	Savings and temporary cash investments .........	5,818,704	2	5,202,540
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............		4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........		9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,064,179
b	Less: accumulated depreciation .....	10b	251,700	875,356	10c	812,479
11	Investments—publicly traded securities ..........	62,103,979	11	65,178,828
12	Investments—other securities. See Part IV, line 11 .....	3,386,368	12	3,225,006
13	Investments—program-related. See Part IV, line 11 .....		13
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........	44,362	15	659,189
16	Total assets. Add lines 1 through 15 (must equal line 34)......	72,228,769	16	75,078,042
	17	Accounts payable and accrued expenses .........	650	17	1,454
18	Grants payable .................		18
19	Deferred revenue ................	1,317	19	191
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..	8,927,736	21	7,970,147
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..	567,964	23	555,813
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................		25
26	Total liabilities. Add lines 17 through 25.........	9,497,667	26	8,527,605
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............	16,908,981	27	17,704,069
28	Temporarily restricted net assets ...........	45,822,121	28	48,846,368
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........		30
31	Paid-in or capital surplus, or land, building or equipment fund .....		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	62,731,102	33	66,550,437
34	Total liabilities and net assets/fund balances ........	72,228,769	34	75,078,042

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations .............................

Provide the following information about the supported organization(s).

(i)Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i)Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2014

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....	9,705,221	14,309,565	13,603,526	16,139,127	13,734,925	67,492,364
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	9,705,221	14,309,565	13,603,526	16,139,127	13,734,925	67,492,364
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..						20,025,188
6	Public support. Subtract line 5 from line 4.						47,467,176

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
7	Amounts from line 4..	9,705,221	14,309,565	13,603,526	16,139,127	13,734,925	67,492,364
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	1,348,758	1,447,274	2,078,804	2,408,938	2,310,050	9,593,824
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..				48,295	19,615	67,910
11	Total support Add lines 7 through 10.						77,154,098

Gross receipts from related activities, etc. (see instructions) ..................

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f)) .........

61.520 %

Public support percentage for 2013 Schedule A, Part II, line 14 ...............

56.770 %

16a

33 1/3% support test—2014. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2013. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2013 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2014 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2013 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2014. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2013. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations....

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part II of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Schedule A (Form 990 or 990-EZ) 2014

Page 5

Part IV

Supporting Organizations (continued)

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2014

Page 6

Part V – Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1. Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6
7	Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2014

Page 7

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2014 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2014	(iii) Distributable Amount for 2014
1 Distributable amount for 2014 from Section C, line 6
2 Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions)
3 Excess distributions carryover, if any, to 2014:
a From 2009.......X
b From 2010.......X
c From 2011.......X
d From 2012.......X
e From 2013.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2014 distributable amount
i Carryover from 2009 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2014 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2014 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions)
6 Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions)
7 Excess distributions carryover to 2015. Add lines 3j and 4c.
8 Breakdown of line 7:
a From 2010.......X
b From 2011.......X
c From 2012.......X
d From 2013.......
e From 2014.......

Schedule A (Form 990 or 990-EZ) (2014)

Schedule A (Form 990 or 990-EZ) 2014

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization BLUE GRASS COMMUNITY FOUNDATION INC

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization BLUE GRASS COMMUNITY FOUNDATION INC

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........	234	132
2	Aggregate value of contributions to (during year)	7,425,588	1,803,841
3	Aggregate value of grants from (during year)	5,036,269	929,893
4	Aggregate value at end of year ........	26,815,792	20,326,163

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2014

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIII and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII .......

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....	45,787,681	39,091,964	33,188,829	33,319,280	29,256,464
b	Contributions ........	5,406,459	2,953,543	3,266,607	1,739,149	4,041,091
c	Net investment earnings, gains, and losses	-932,651	6,470,564	4,682,119	-235,676	515,423
d	Grants or scholarships .....	1,494,028	1,891,605	1,363,794	1,092,386
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....	922,729	836,785	681,797	541,538	493,698
g	End of year balance ......	48,793,394	45,787,681	39,091,964	33,188,829	33,319,280

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

100.000 %

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................	645,843	41,381	604,462
c	Leasehold improvements ............
d	Equipment ................	418,336	210,319	208,017
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				812,479

Schedule D (Form 990) 2014

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)		(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability		(b) Book value
Federal income taxes









Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2014

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	13,184,732
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-4,900,167
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................			2e	-4,900,167
3	Subtract line 2e from line 1.....................			3	18,084,899
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	228,252
b	Other (Describe in Part XIII.) ...........	4b	497,134
c	Add lines 4a and 4b.......................			4c	725,386
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	18,810,285

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	10,314,059
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	37,252
e	Add lines 2a through 2d......................			2e	37,252
3	Subtract line 2e from line 1.....................			3	10,276,807
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	228,252
b	Other (Describe in Part XIII.) ............	4b	543,313
c	Add lines 4a and 4b.......................			4c	771,565
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	11,048,372

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART IV, LINE 2B:	THE FOUNDATION ACTS AS AN AGENT FOR CERTAIN THIRD PARTY NON PROFIT ORGANIZATIONS, THE THIRD PARTIES ENTRUST THE FOUNDATION TO MANAGE CERTAIN ASSETS FOR GAAP PURPOSES, PURSUANT TO SFAS 136. THE FOUNDATION HAS RECORDED THESE FUNDS AS A LIABILITY, WHICH IS OFFSET BY THE ASSETS MANAGED FROM THE THIRD PARTY. FOR PURPOSES OF THE FORM 990, CONTRIBUTIONS TO THE FOUNDATION FOR AN AGENCY ENDOWMENT WILL BE TREATED AS A CONTRIBUTION TO THE FOUNDATION. THIS HAS BEEN REFLECTED AS A RECONCILING ITEM WITH THE AUDITED FINANCIAL STATEMENTS.
PART V, LINE 4:	ENDOWED ASSETS INCLUDE THOSE ASSETS OF DONOR RESTRICTED FUNDS THAT THE FOUNDATION INTENDS TO, BUT IS NOT REQUIRED TO, HOLD IN PERPETUITY AS WELL AS BOARD DESIGNATED FUNDS. THE ENDOWED INVESTMENTS GENERATE GRANT DOLLARS FOR THE SOLE PURPOSE OF PROVIDING FOR THE NEEDS AND ACTIVITIES OF THE COMMUNITY SERVICED BY THE FOUNDATION.
PART X, LINE 2:	THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE LLC IS DISREGARDED FOR INCOME TAX PURPOSES AND ALL OF ITS ACTIVITIES ATTRIBUTE TO THE FOUNDATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. AS SUCH, THE ORGANIZATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE ORGANIZATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	SFAS 136 ADJUSTMENT 534,386. SPECIAL EVENTS -37,252.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	SPECIAL EVENTS 37,252.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	SFAS 136 ADJUSTMENT 543,313.

Schedule D (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization
BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants

and other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria

used to award the grants or assistance? ...........................

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in region	(d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in region	(f) Total expenditures for and investments in region
	CENTRAL AMERICA AND THE CARIBBEAN	0	0	PROGRAM SERVICES	INVESTMENTS	10,844,233
















3a	Sub-total .....	0	0			10,844,233
b	Total from continuation sheets to Part I ...	0	0			0
c	Totals (add lines 3a and 3b)	0	0			10,844,233

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2014

Schedule F (Form 990) 2014

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

1 (a) Name of organization		(b) IRS code section and EIN (if applicable)	(a)(c) Region	(b)(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of non-cash assistance	(h) Description of non-cash assistance	(i) Method of valuation (book, FMV, appraisal, other)

Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .... MediumBullet

Enter total number of other organizations or entities ....................... MediumBullet

Schedule F (Form 990) 2014

Schedule F (Form 990) 2014Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of non-cash assistance	(g) Description of non-cash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2014

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2014

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).

ReturnReference	Explanation

Schedule F (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G (Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Information about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization
BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part I

Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17. Form 990-EZ

filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

Yes

If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total .................

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990 or 990-EZ) 2014

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 FUNDRAISING ACTIVITY (event type)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . .	116,115	116,115
2	Less: Contributions . .	96,500	96,500
3	Gross income (line 1 minus line 2) . . .	19,615	19,615
4	Cash prizes . . .
5	Noncash prizes . .
6	Rent/facility costs . .	18,500	18,500
7	Food and beverages .
8	Entertainment . . .
9	Other direct expenses .	18,752	18,752
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........		37,252
11	Net income summary. Subtract line 10 from line 3, column (d)...........		-17,637

Part III

Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

(a) Bingo

(b) Pull tabs/Instant
bingo/progressive bingo

(c) Other gaming

(d) Total gaming (add col.(a) through col.(c))

Gross revenue . . . .

Cash prizes . . . .

Non-cash prizes . . .

Rent/facility costs . . .

Other direct expenses . .

Volunteer labor . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d) ......... right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? ............

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....

YesNo

If "Yes," explain:

Schedule G (Form 990 or 990-EZ) 2014

Page 3

Does the organization conduct gaming activities with nonmembers? .................

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? ..........................

YesNo

Indicate the percentage of gaming activities conducted in:

The organization's facility ......................

13a

An outside facility ........................

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? ......................................

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? ............................

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information (see instructions).

Return Reference	Explanation

Schedule G (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization
BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number
61-6053466

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section if applicable	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) AMERICAN FRIENDS OF THE ISRAEL MUSEUM 500 FIFTH AVENUE SUIT 2540 NEW YORK,NY10110	23-7182582	501C(3)	10,800	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(2) AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE 711 THIRD AVENUE 10TH FLOOR NEW YORK,NY10017	13-1656634	501C(3)	11,800	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(3) AMERICAN RED CROSS - BLUEGRASS AREA CHAPTER BLUEGRASS AREA CHAPTER 1450 NEWTOWN PIKE LEXINGTON,KY40511	61-0444644	501C(3)	8,250	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(4) ARBOR YOUTH SERVICES 540 WEST THIRD STREET LEXINGTON,KY40508	61-0926861	501C(3)	15,638	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(5) ARTS COMMISSION OF DANVILLEBOYLE COUNTY 105 EAST WALNUT FISHERS ROW 1 IN CONSTITUTION SQUARE DANVILLE,KY40422	61-1335123	501C(3)	8,020	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(6) ASSISTING DEAF ADULTS TO PARTICIPATE TOTALLY PO BOX 1814 DANVILLE,KY40423	30-0098055	501C(3)	22,223	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(7) AVOL 225 WALTON AVENUE SUITE 110 LEXINGTON,KY40502	61-1149457	501C(3)	6,617	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(8) BABY HEALTH SERVICE INC 1590 HARRODSBURG ROAD LEXINGTON,KY40504	61-0518017	501C(3)	15,275	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(9) BELMONT CHILD CARE ASSOCIATION 2150 HEMPSTEAD TURNPIKE - GATE 6 ELMONT,NY11003	31-1646091	501C(3)	25,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(10) BEREA COLLEGE 101 CHESTNUT STREET BEREA,KY40404	61-0444650	501C(3)	14,442	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(11) BIG BROTHERSBIG SISTERS OF THE BLUEGRASS 436 GEORGETOWN STREET SUITE B LEXINGTON,KY40511	61-0523288	501C(3)	24,164	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(12) BLESSING HANDS 106 TIMBER LANE MOREHEAD,KY40351	20-4794276	501C(3)	16,377	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(13) BLUE GRASS FARMS CHARITIES INC 340 LEGION DRIVE 20 LEXINGTON,KY40514	20-0374962	501C(3)	5,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(14) BLUEGRASS COMMUNITY & TECHNICAL COLLEGE FOUNDATION 164 OPPORTUNITY WAY LEXINGTON,KY40511	76-0826082	501C(3)	5,453	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(15) BLUEGRASS CONSERVANCY 380 SOUTH MILL STREET SUITE 205 LEXINGTON,KY40508	61-1293032	501C(3)	9,970	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(16) BLUEGRASS HERITAGE MUSEUM INC 217 SOUTH MAIN STREET WINCHESTER,KY40391	61-1377512	501C(3)	35,580	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(17) BLUEGRASS RAPE CRISIS CENTER PO BOX 1603 LEXINGTON,KY40588	61-0916756	501C(3)	20,827	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(18) BOY SCOUTS OF AMERICA BLUE GRASS COUNCIL BSA-204 3445 RICHMOND ROAD LEXINGTON,KY40509	61-0444653	501C(3)	6,453	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(19) BOYLE COUNTY EDUCATION ENDOWMENT FUND INC 352 N DANVILLE BYPASS DANVILLE,KY40422	20-8375080	501C(3)	10,523	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(20) BOYLE COUNTY SCHOOLS BOARD OF EDUCATION 352 NORTH DANVILLE BY-PASS DANVILLE,KY40422	61-6001269	501C(3)	7,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(21) BROKE SPOKE COMMUNITY BIKE SHOP INC 501 WEST SIXTH STREET SUITE 130 LEXINGTON,KY40508	27-3933001	501C(3)	6,979	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(22) CALVARY BAPTIST CHURCH 150 E HIGH STREET LEXINGTON,KY40507	20-2824933	501C(3)	6,695	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(23) CALVARY CHRISTIAN CHURCH 15 REDWING DRIVE WINCHESTER,KY40391	61-1018211	501C(3)	197,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(24) CAMP HORSIN' AROUND 1159 CLAUNCH ROAD PERRYVILLE,KY40468	76-0714967	501C(3)	167,700	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(25) CARDINAL HILL HEALTHCARE SYSTEM 2050 VERSAILLES ROAD LEXINGTON,KY405041499	61-0444712	501C(3)	12,479	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(26) CARLISLE-NICHOLAS COUNTY TOURISM 295 MOOREFIELD ROAD CARLISLE,KY40311	61-1185009	501C(3)	25,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(27) CARNEGIE CENTER FOR LITERACY AND LEARNING 251 WEST SECOND STREET LEXINGTON,KY40507	61-1185631	501C(3)	24,104	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(28) CASA OF LEXINGTON 1155 RED MILE PLACE LEXINGTON,KY40504	61-1339185	501C(3)	10,118	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(29) CASA OF THE BLUEGRASS 1153 PERRYVILLE ROAD DANVILLE,KY40422	61-0445828	501C(3)	7,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(30) CATHOLIC CHARITIES OF THE DIOCESE OF LEXINGTON INC 1310 WEST MAIN STREET LEXINGTON,KY40508	61-1138597	501C(3)	8,424	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(31) CENTRAL CHRISTIAN CHURCH 205 E SHORT STREET LEXINGTON,KY40507	61-0525160	501C(3)	23,466	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(32) CENTRAL KENTUCKY COMPUTER SOCIETY 160 MOORE DRIVE SUITE 107 LEXINGTON,KY40503	31-1119333	501C(3)	6,098	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(33) CENTRAL KENTUCKY RADIO EYE 1733 RUSSELL CAVE ROAD LEXINGTON,KY40505	61-1148801	501C(3)	7,091	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(34) CENTRAL KENTUCKY YOUTH ORCHESTRAS 161 NORTH MILL STREET LEXINGTON,KY40507	61-6027055	501C(3)	6,850	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(35) CENTRAL MUSIC ACADEMY 219 EAST SHORT STREET LEXINGTON,KY40507	61-1466695	501C(3)	5,631	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(36) CENTRE COLLEGE 600 WEST WALNUT STREET DANVILLE,KY40422	61-0444671	501C(3)	13,250	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(37) CHILD DEVELOPMENT CENTER OF THE BLUEGRASS INC 290 ALUMNI DRIVE LEXINGTON,KY40503	61-0543367	501C(3)	23,846	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(38) CHILDREN OF THE AMERICAS PO BOX 25046 LEXINGTON,KY40524	61-1196577	501C(3)	6,448	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(39) CHILDREN'S ADVOCACY CENTER OF THE BLUEGRASS INC 162 N ASHLAND AVENUE LEXINGTON,KY40502	61-1221470	501C(3)	20,185	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(40) CHILDREN'S CHARITY FUND OF THE BLUEGRASS 230 LEXINGTON GREEN CIRCLE SUITE 600 LEXINGTON,KY40503	31-1078176	501C(3)	32,367	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(41) CHRIST CHURCH CATHEDRAL 166 MARKET STREET LEXINGTON,KY40507	61-0444674	501C(3)	14,528	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(42) CHRIST THE KING CATHEDRAL 299 COLONY BLVD LEXINGTON,KY40502	61-1132894	501C(3)	9,150	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(43) CHRYSALIS HOUSE INC 1589 HILL RISE DRIVE LEXINGTON,KY40504	61-1012290	501C(3)	27,641	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(44) CITY OF OWINGSVILLE PO BOX 639 19 GOODPASTER AVENUE OWINGSVILLE,KY40360		GOVT	7,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(45) CITY OF SHARPSBURG PO BOX 128 SHARPSBURG,KY40374		GOVT	34,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(46) CLARK COUNTY COMMUNITY SERVICES PO BOX 574 WINCHESTER,KY40391	31-1005844	501C(3)	33,259	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(47) CLARK COUNTY FISCAL COURT 34 SOUTH MAIN STREET WINCHESTER,KY40391		GOVT	93,397	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(48) CLARK COUNTY HOMELESS COALITION INC PO BOX 4692 WINCHESTER,KY40392	27-1281819	501C(3)	38,401	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(49) CLARK COUNTYWINCHESTER HERITAGE COMMISSION 28 BECKNER STREET WINCHESTER,KY40391	61-0900865	501C(3)	40,203	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(50) COMMERCE LEXINGTON INC 330 EAST MAIN STREET SUITE 100 LEXINGTON,KY40507	61-0258800	501C(3)	10,223	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(51) COMMUNITY ACTION COUNCIL FOR LEX-FAYETTE BOURB HARR PO BOX 11610 LEXINGTON,KY40576	61-0650121	501C(3)	5,695	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(52) COMMUNITY ARTS CENTER INC 401 WEST MAIN STREET DANVILLE,KY40422	16-1674338	501C(3)	27,389	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(53) CONFRONTATION POINT MINISTRIES PO BOX 127 WILMORE,KY40390	58-1475965	501C(3)	6,898	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(54) COURT APPOINTED SPECIAL ADVOCATES (CASA) OF LEXINGTON 1155 RED MILE PLACE LEXINGTON,KY40504	61-1339185	501C(3)	14,040	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(55) CROSSROADS CHRISTIAN CHURCH 4128 TODDS ROAD LEXINGTON,KY40509	61-1133403	501C(3)	49,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(56) DANVILLE SCHOOLS EDUCATION FOUNDATION INC 152 E MARTIN LUTHER KING BOULEVARD DANVILLE,KY40422	20-5409746	501C(3)	13,800	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(57) DANVILLEBOYLE COUNTY HAPPY FEET EQUALS LEARNING FEET 1131 SECRETARIAT DRIVE EAST DANVILLE,KY40422	45-5231361	501C(3)	7,088	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(58) DOCTORS WITHOUT BORDERS USA INC PO BOX 5030 HAGERSTOWN,MD21741	13-3433452	501C(3)	5,250	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(59) DOWNTOWN LITTLE LEAGUE 124 HUDSON STREET APT 3A NEW YORK,NY10013	23-1622231	501C(3)	10,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(60) DRESS FOR SUCCESS LEXINGTON 1301 WINCHESTER ROAD SUITE 29 LEXINGTON,KY40505	46-2472399	501C(3)	6,791	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(61) ELDER HEART PO BOX 1511 NASHVILLE,IN47448	46-2750726	501C(3)	22,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(62) EPISCOPAL DIOCESE OF LEXINGTON 203 EAST 4TH STREET PO BOX 610 LEXINGTON,KY40588	61-0536772	501C(3)	20,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(63) FAITH FEEDS OF KENTUCKY INC PO BOX 4448 LEXINGTON,KY40544	27-4087963	501C(3)	21,763	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(64) FAYETTE ALLIANCE FOUNDATION INC FUND 499 EAST HIGH STREET SUITE 112 LEXINGTON,KY40507	47-2128336	501C(3)	26,191	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(65) FAYETTE COOPERATING NURSERY SCHOOL 109 ROSEMENT GARDEN LEXINGTON,KY40503	23-7212696	501C(3)	7,900	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(66) FAYETTE COUNTY PUBLIC SCHOOLS BOARD OF EDUCATION 1126 RUSSELL CAVE ROAD LEXINGTON,KY40505	61-6001059	501C(3)	18,141	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(67) FIDELITY CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI,OH45277	11-0303001	501C(3)	15,496	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(68) FLEMING COUNTY BOARD OF EDUCATION 211 WEST WATER STREET FLEMINGSBURG,KY41041		GOVT	48,774	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(69) FOODCHAIN INC 501 WEST SIXTH STREET LEXINGTON,KY40508	45-4088193	501C(3)	11,084	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(70) FOUNDATION FOR AFFORABLE HOUSING INC 169 DEWEESE STREET LEXINGTON,KY40507	61-1192747	501C(3)	48,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(71) FRIEDELL COMMITTEE FOR HEALTH SYSTEM TRANSFORMATION PO BOX 910953 LEXINGTON,KY40591	42-6674534	501C(3)	22,941	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(72) FRIENDS & VETS HELPING PETS PO BOX 910117 LEXINGTON,KY40591	45-3113935	501C(3)	13,743	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(73) GATEWAY AREA DEVELOPMENT DISTRICT GENERAL OPERATING FUND 110 COUNTY ROAD 1429 MOREHEAD,KY40351	61-0701310	501C(3)	5,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(74) GATEWAY REGIONAL ARTS CENTER 101 EAST MAIN STREET MOUNT STERLING,KY40353	61-1224757	501C(3)	6,187	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(75) GOD'S PANTRY FOOD BANK 1685 JAGGIE FOX WAY LEXINGTON,KY40511	31-0979404	501C(3)	55,732	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(76) GREENHOUSE 17 PO BOX 55190 LEXINGTON,KY40555	20-1965942	501C(3)	19,917	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(77) HADASSAH ASSOCIATION 40 WALL STREET 8TH FLOOR NEW YORK,NY10268	13-1656651	501C(3)	13,673	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(78) HARRODSBURG-MERCER COUNTY RECREATIONAL PARK BOARD 1501 LOUISVILLE ROAD HARRODSBURG,KY40330	61-1279422	501C(3)	5,761	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(79) HEADLEY-WHITNEY MUSEUM 4435 OLD FRANKFORT PIKE LEXINGTON,KY40510	61-0850306	501C(3)	7,835	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(80) HENRY CLAY MEMORIAL FOUNDATION ASHLAND THE HENRY CLAY ESTATE 120 SYCAMORE ROAD LEXINGTON,KY40502	61-0461732	501C(3)	20,647	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(81) HERITAGE HOSPICE INC PO BOX 1213 120 ENTERPRISE DRIVE DANVILLE,KY40423	31-0988104	501C(3)	25,561	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(82) HISTORIC PARIS-BOURBON COUNTY INC HOPEWELL MUSEUM 800 PLEASANT STREET PARIS,KY40361	61-0947643	501C(3)	18,403	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(83) HOPE CENTER PO BOX 6 LEXINGTON,KY40588	61-1107296	501C(3)	29,194	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(84) HOPE'S WINGS INC PO BOX 488 RICHMOND,KY40476	20-4496496	501C(3)	21,760	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(85) HOSPICE OF THE BLUEGRASS INC 2312 ALEXANDRIA DRIVE LEXINGTON,KY40504	61-0978097	501C(3)	61,140	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(86) INTERNATIONAL CIVIL SOCIETY ACTION NETWORK INC C/O WEDO 1776 MASSACHUSETTS AVENUE NW SUITE 100 WASHINGTON,DC20036	20-3951175	501C(3)	12,275	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(87) ITNBLUEGRASS 436 GEORGETOWN STREET LEXINGTON,KY40508	26-1341780	501C(3)	8,984	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(88) JEWISH FEDERATION OF PALM BEACH COUNTY 4601 COMMUNITY DRIVE WEST PALM BEACH,FL33417	59-0948696	501C(3)	10,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(89) JEWISH FEDERATION OF THE BLUEGRASS 1050 CHINOE ROAD SUITE 112 LEXINGTON,KY40502	31-0906786	501C(3)	42,569	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(90) JUNIOR ACHIEVEMENT OF THE BLUEGRASS 1092 DUVAL STREET SUITE 240 LEXINGTON,KY40515	84-1267604	501C(3)	6,224	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(91) JUST FUND EDUCATION PROJECT INC PO BOX 21815 LEXINGTON,KY40522	20-8465456	501C(3)	21,696	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(92) KENTUCKY CANCERLINK PO BOX 25088 LEXINGTON,KY40524	26-2704188	501C(3)	9,233	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(93) KENTUCKY CHURCH OF GOD MINISTRIES 2494 COLBY ROAD WINCHESTER,KY40391	61-1128825	501C(3)	15,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(94) KENTUCKY EDUCATIONAL TELEVISION 600 COOPER DRIVE LEXINGTON,KY40502	61-0722558	501C(3)	7,067	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(95) KENTUCKY EQUAL JUSTICE CENTER 201 WEST SHORT STREET SUITE 310 LEXINGTON,KY40508	61-0909545	501C(3)	28,867	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(96) KENTUCKY HISTORICAL SOCIETY FOUNDATION 100 WEST BROADWAY PO BOX 6856 FRANKFORT,KY40602	61-1204590	501C(3)	5,092	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(97) KENTUCKY HORSE PARK FOUNDATION 4089 IRON WORKS PIKE LEXINGTON,KY40511	62-1257717	501C(3)	22,854	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(98) KENTUCKY HUMANITIES COUNCIL 206 EAST MAXWELL STREET LEXINGTON,KY40508	31-0981031	501C(3)	5,050	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(99) KENTUCKY REFUGEE MINISTRIES 1206 NORTH LIMESTONE LEXINGTON,KY40505	61-1229842	501C(3)	9,449	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(100) KENTUCKY SCHOOL FOR THE DEAF FOUNDATION PO BOX 27 DANVILLE,KY40423	61-1091577	501C(3)	5,600	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(101) KENTUCKY UNITED METHODIST HOMES FOR CHILDREN & YOUTH PO BOX 749 VERSAILLES,KY40383	61-0458375	501C(3)	6,688	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(102) LARRY H SPEARS FOUNDATION 118 HOGANS PARKWAY DRY RIDGE,KY41035	20-8674980	501C(3)	30,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(103) LEXARTS ARTSPLACE 161 NORTH MILL STREET LEXINGTON,KY40507	61-1163184	501C(3)	19,694	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(104) LEXINGTON CATHOLIC HIGH SCHOOL 2250 CLAYS MILL ROAD LEXINGTON,KY40503	61-1132894	501C(3)	10,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(105) LEXINGTON CHILDREN'S THEATRE 418 WEST SHORT STREET LEXINGTON,KY40507	61-0929277	501C(3)	135,128	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(106) LEXINGTON COMMUNITY RADIO PO BOX 526 LEXINGTON,KY40588	36-4662643	501C(3)	9,169	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(107) LEXINGTON DOWNTOWN DEVELOPMENT AUTHORITY 101 EAST VINE STREET SUITE 100 LEXINGTON,KY40507		GOVT	185,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(108) LEXINGTON FAIRNESS 333 WEST VINE STREET SUITE 1210 PO BOX 417 LEXINGTON,KY40588	26-2147307	501C(3)	11,273	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(109) LEXINGTON FAYETTE URBAN COUNTY GOVERNMENT 200 EAST MAIN STREET LEXINGTON,KY40507		GOVT	114,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(110) LEXINGTON HABITAT FOR HUMANITY 700 EAST LOUDON AVENUE LEXINGTON,KY40508	61-1139529	501C(3)	16,774	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(111) LEXINGTON HEARING AND SPEECH CENTER 350 HENRY CLAY BOULEVARD LEXINGTON,KY40502	61-0593951	501C(3)	11,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(112) LEXINGTON HUMANE SOCIETY 1600 OLD FRANKFORT PIKE LEXINGTON,KY40504	61-0444762	501C(3)	36,505	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(113) LEXINGTON OPERA SOCIETY PO BOX 8463 LEXINGTON,KY40533	61-1170162	501C(3)	20,412	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(114) LEXINGTON PHILHARMONIC ARTS PLACE 161 NORTH MILL STREET LEXINGTON,KY40507	61-6033529	501C(3)	19,585	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(115) LEXINGTON PUBLIC LIBRARY FOUNDATION INC 140 EAST MAIN STREET LEXINGTON,KY40507	31-1565272	501C(3)	18,177	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(116) LEXINGTON RESCUE MISSION PO BOX 1050 LEXINGTON,KY40588	61-1387338	501C(3)	16,030	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(117) LIFE ADVENTURE CENTER 570 MILNER ROAD VERSAILLES,KY40383	61-0461733	501C(3)	8,483	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(118) LIFE FOR PETS PO BOX 4304 WINCHESTER,KY40392	61-1371393	501C(3)	10,948	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(119) LIFE PLAN OF KENTUCKY 2333 ALEXANDRIA DRIVE LEXINGTON,KY40504	45-3567607	501C(3)	5,028	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(120) LIFEHOUSE 2710 RIEDLING DRIVE LOUISVILLE,KY40206	20-8514733	501C(3)	10,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(121) LIVING ARTS AND SCIENCE CENTER 362 NORTH MARTIN LUTHER KING BLVD LEXINGTON,KY40508	61-0675663	501C(3)	37,624	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(122) LOWER HOWARD CREEK HERITAGE PARK FUND CLARK COUNTY HERITAGE COMMISSION 28 BECKNER ST WINCHESTER,KY40391	61-0900865	501C(3)	7,014	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(123) LYRIC THEATRE AND CULTURAL ARTS CENTER 300 EAST THIRD STREET LEXINGTON,KY40508	27-2608879	501C(3)	5,331	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(124) MADISON COUNTY PUBLIC LIBRARY 507 WEST MAIN STREET RICHMOND,KY40475	61-0600662	501C(3)	25,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(125) MARCH MADNESS MARCHING BAND 125 EDGEMOOR DRIVE LEXINGTON,KY40503	27-1735896	501C(3)	6,451	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(126) MARKEY CANCER FOUNDATION UNIVERSITY OF KENTUCKY 800 ROSE STREET CC 160 LEXINGTON,KY40536	31-0944925	501C(3)	11,398	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(127) MARY TODD LINCOLN HOUSE PO BOX 132 LEXINGTON,KY40588	23-7002838	501C(3)	6,473	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(128) MD ANDERSON CANCER CENTER PO BOX 4486 HOUSTON,TX77210	74-6000203	501C(3)	7,229	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(129) MIDWAY COLLEGE 512 EAST STEPHENS STREET MIDWAY,KY40347	61-0444708	501C(3)	8,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(130) MISSION LEXINGTON 230 SOUTH MARTIN LUTHER KING BOULEVARD LEXINGTON,KY40508	20-2824933	501C(3)	12,797	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(131) MOREHEAD STATE UNIVERSITY FOUNDATION MOREHEAD STATE UNIVERSITY 150 UNIVERSITY BOULEVARD PO BOX 1887 MOREHEAD,KY40351	31-1003236	501C(3)	6,600	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(132) MOREHEAD THEATRE GUILD PO BOX 256 MOREHEAD,KY40351	61-1197730	501C(3)	15,936	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(133) MOVEABLE FEAST LEXINGTON INC PO BOX 367 LEXINGTON,KY40588	31-1604759	501C(3)	13,577	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(134) MUSTARD SEED COMMUNITIES 29 JANES AVENUE MEDFIELD,MA02052	58-1657207	501C(3)	15,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(135) NATURE CONSERVANCY OF KENTUCKY 114 WOODLAND AVENUE LEXINGTON,KY40508	53-0242652	501C(3)	9,050	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(136) NEW BEGINNINGS OF WINCHESTER INC 139 JEFFERSON STREET WINCHESTER,KY40391	61-1180957	501C(3)	31,742	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(137) NEW OPPORTUNITY SCHOOL FOR WOMEN INC 204 CHESTNUT STREET BEREA,KY40403	61-1323868	501C(3)	14,103	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(138) NEWTON'S ATTIC 4974 OLD VERSAILLES ROAD LEXINGTON,KY40510	52-2115824	501C(3)	16,203	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(139) NORTH LIMESTONE COMMUNITY DEVELOPMENT CORPORATION ATTN DIRECTOR 714 N LIMESTONE LEXINGTON,KY40505	46-2090782	501C(3)	45,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(140) NURSING HOME OMBUDSMAN AGENCY OF THE BLUEGRASS INC SENIOR CITIZENS CENTER 1530 NICHOLASVILLE ROAD LEXINGTON,KY40503	61-0996520	501C(3)	5,617	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(141) OHAVAY ZION SYNAGOGUE 2048 EDGEWATER COURT LEXINGTON,KY40502	61-0649672	501C(3)	19,091	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(142) OHIO UNIVERSITY SOUTHERN OFFICE OF STUDENT FINANCIAL AID AND SCHOLARSHIPS 020 CHUBB HALL ATHENS,OH45701	31-6402269	501C(3)	6,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(143) OLD FRIENDS INC 1841 PAYNES DEPOT ROAD GEORGETOWN,KY40324	20-0049798	501C(3)	12,441	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(144) ONE PARENT FACILITYVIRGINIA PLACE 1156 HORSEMANS LANE LEXINGTON,KY40504	61-1080310	501C(3)	7,468	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(145) OWINGSVILLE BATH COUNTY PARKS TOURISM & CONVENTION COMMIS PO BOX 639 19 GOODPASTER AVENUE OWINGSVILLE,KY40360	61-6000912	501C(3)	50,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(146) PARENT AND FAMILY ENRICHMENT CENTER 118 CONSTITUTION STREET SUITE 200 LEXINGTON,KY40507	46-3733470	501C(3)	8,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(147) PARIS ANIMAL WELFARE SOCIETY PO BOX 222 PARIS,KY40362	61-1224933	501C(3)	13,080	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(148) PARTNERS IN EDUCATION 24 WEST LEXINGTON AVENUE WINCHESTER,KY40391	27-5436682	501C(3)	25,526	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(149) POST CLINIC INC 125 W MAIN STREET PO BOX 550 MT STERLING,KY40353	31-1515325	501C(3)	9,415	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(150) PRICHARD COMMITTEE FOR ACADEMIC EXCELLENCE 271 WEST SHORT STREET SUITE 202 LEXINGTON,KY40507	61-1026214	501C(3)	44,450	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(151) PROVIDENCE MONTESSORI SCHOOL INC 1209 TEXACO ROAD LEXINGTON,KY40508	31-1041787	501C(3)	32,841	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(152) RACE FOR EDUCATION INC 1818 VERSAILLES ROAD LEXINGTON,KY40504	42-1546327	501C(3)	7,964	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(153) READING CAMP PO BOX 610 LEXINGTON,KY40508	61-0536772	501C(3)	13,791	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(154) REITZ MEMORIAL HIGH SCHOOL 520 SOUTH BENNINGHOF AVENUE EVANSVILLE,IN47714	27-1480068	501C(3)	10,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(155) RICHMOND AREA ARTS COUNCIL 399 W WATER STREET RICHMOND,KY40475	61-1168831	501C(3)	11,133	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(156) ROSE MARY C BROOKS PLACE 200 ROSE MARY DRIVE WINCHESTER,KY40391	61-1370614	501C(3)	52,086	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(157) SAYRE SCHOOL 194 NORTH LIMESTONE LEXINGTON,KY40507	61-0449657	501C(3)	7,454	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(158) SEEDLEAF 931 IDLEWILD COURT LEXINGTON,KY40505	45-0582109	501C(3)	15,350	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(159) SHARPSBURG WORSHIP CENTER PO BOX 257 SHARPSBURG,KY40374	61-0705763	501C(3)	20,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(160) SHOULDER TO SHOULDER GLOBAL 111 WASHINGTON AVENUE OFFICE 203C LEXINGTON,KY40536	61-6001218	501C(3)	18,840	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(161) SHRINERS HOSPITAL FOR CHILDREN 1900 RICHMOND ROAD LEXINGTON,KY40502	36-2193608	501C(3)	24,284	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(162) SING FOR HOPE 575 EIGHTH AVENUE SUITE 1812 NEW YORK,NY10018	01-0856384	501C(3)	12,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(163) SMOKY MOUNTAIN SERVICE DOGS 110 TOOWEKA CIRCLE LOUDON,TN37774	27-3365083	501C(3)	5,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(164) SOUTHLAND CHRISTIAN CHURCH 5001 HARRODSBURG ROAD NICHOLASVILLE,KY40356	61-6013200	501C(3)	5,075	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(165) SPECIAL PERSONS ADVOCACY NETWORK INC (SPAN) 106 SOUTH ALTA AVENUE DANVILLE,KY40422	61-1349003	501C(3)	5,600	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(166) ST AGATHA ACADEMY 244 S MAIN ST WINCHESTER,KY40391	61-1132894	501C(3)	51,092	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(167) ST CLAIRE HOSPICE AND PALLIATIVE CARE 222 MEDICAL CIRCLE MOREHEAD,KY40351	61-0605336	501C(3)	7,229	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(168) ST ELIZABETH ANNE SETON CATHOLIC CHURCH 1730 SUMMERHILL LEXINGTON,KY40515	61-1132894	501C(3)	10,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(169) ST LUKE UNITED METHODIST CHURCH 2351 ALUMNI DRIVE LEXINGTON,KY40517	61-0945448	501C(3)	10,900	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(170) ST PETER CLAVER CATHOLIC CHURCH 410 JEFFERSON STREET LEXINGTON,KY40508	61-1132894	501C(3)	9,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(171) SURGERY ON SUNDAY INC 650 NEWTOWN PIKE LEXINGTON,KY40508	20-3187452	501C(3)	5,627	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(172) TEMPLE ADATH ISRAEL 124 NORTH ASHLAND AVENUE LEXINGTON,KY40502	61-0546638	501C(3)	8,349	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(173) THE ARBORETUM 500 ALUMNI DRIVE LEXINGTON,KY40503		GOVT	10,417	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(174) THE ART MUSEUM AT THE UNIVERSITY OF KENTUCKY 405 ROSE STREET LEXINGTON,KY40506	61-6033693	501C(3)	8,647	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(175) THE AVIATION MUSEUM OF KENTUCKY 4029 AIRPORT ROAD SUITE 100 LEXINGTON,KY40510	31-1028870	501C(3)	7,653	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(176) THE BULLDOG CLUB PO BOX BT BRYAN BUILDING LAKEVIEW DRIVE MISSISSIPPI STATE,MS39762	51-0163622	501C(3)	9,250	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(177) THE CENTER FOR COURAGEOUS KIDS ATTN DEVELOPMENT DIRECTOR 1501 BURNLEY ROAD SCOTTSVILLE,KY42164	20-1789905	501C(3)	50,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(178) THE GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC 1024 CAPITAL CENTER DRIVE SUITE 210 FRANKFORT,KY40601	61-1393028	501C(3)	7,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(179) THE LEXINGTON SCHOOL 1050 LANE ALLEN ROAD LEXINGTON,KY40504	61-0563291	501C(3)	25,643	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(180) THE MISSION CONTINUES 1141 SOUTH 7TH STREET SAINT LOUIS,MO63104	20-8742553	501C(3)	50,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(181) THE NEST - CENTER FOR WOMEN CHILDREN & FAMILIES 530 NORTH LIMESTONE STREET LEXINGTON,KY40508	31-0904247	501C(3)	54,809	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(182) THE PLANTORY (KCCJ) 501 WEST SIXTH STREET SUITE 250 LEXINGTON,KY40508	37-1500795	501C(3)	35,272	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(183) THE PRESBYTERIAN CHURCH OF DANVILLE 500 WEST MAIN STREET DANVILLE,KY40422	61-0587173	501C(3)	7,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(184) THE SALVATION ARMY 736 WEST MAIN STREET LEXINGTON,KY40508	13-5562351	501C(3)	51,030	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(185) THY KINGDOM COME NETWORK 110 DENNIS DRIVE LEXINGTON,KY40503	61-1256833	501C(3)	12,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(186) TOWNE BOULEVARD CHURCH OF GOD 3722 TOWNE BOULEVARD MIDDLETOWN,OH45005	31-0721817	501C(3)	7,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(187) TRANSYLVANIA UNIVERSITY FINANCIAL AID OFFICE 300 NORTH BROADWAY LEXINGTON,KY40508	61-0444825	501C(3)	10,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(188) TRINITY CHRISTIAN ACADEMY 3900 RAPID RUN LEXINGTON,KY40515	58-1582598	501C(3)	6,100	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(189) TWEENS NUTRITION AND FITNESS COALITION 220 DELMAR AVENUE LEXINGTON,KY40508	46-3018740	501C(3)	5,453	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(190) UK ATHLETICS - K FUND JOE CRAFT CENTER 338 LEXINGTON AVENUE LEXINGTON,KY40506	61-0501295	501C(3)	120,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(191) UNIVERSITY OF CHICAGO KOVLER DIABETES CENTER 900 EAST 57TH STREET EIGHT FLOOR ROOM 8144 CHICAGO,IL60637	36-2177139	501C(3)	35,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(192) UNIVERSITY OF KENTUCKY ATHLETICS 338 LEXINGTON AVENUE JOE CRAFT CENTER LEXINGTON,KY40506	61-0501295	501C(3)	2,170,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(193) UNIVERSITY OF KENTUCKY DANCEBLUE STUDENT VOLUNTEER CENTER 106 STUDENT CENTER LEXINGTON,KY40506	61-6001218	501C(3)	26,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(194) UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION 109 KINKEAD HALL LEXINGTON,KY40506	61-6033693	501C(3)	10,650	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(195) URBAN LEAGUE OF LEXINGTON-FAYETTE COUNTY 148 DEWEESE STREET LEXINGTON,KY40507	61-6054655	501C(3)	10,801	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(196) USA CARES INC 562B NORTH DIXIE BOULEVARD SUITE 3 RADCLIFF,KY40160	05-0588761	501C(3)	63,710	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(197) VIPS (VISUALLY IMPAIRED PRESCHOOL SERVICES) 161 BURT ROAD STE 4 LEXINGTON,KY40503	61-1061973	501C(3)	12,664	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(198) WARRIOR MEDITATION FOUNDATION SAVE A WARRIOR PO BOX 2416 MALIBU,CA90265	45-5571507	501C(3)	104,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(199) WILDERNESS TRACE CHILD DEVELOPMENT CENTER INC 409 NORTH STEWARTS LANE DANVILLE,KY40422	61-1230722	501C(3)	31,065	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(200) WINCHESTER DRUG COALITION PO BOX 856 WINCHESTER,KY40392	20-4988322	501C(3)	8,000	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(201) WINCHESTER YOUTH SOCCER LEAGUE INC PO BOX 4122 WINCHESTER,KY40392	61-1336455	501C(3)	14,681	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(202) WOODFORD HUMANE SOCIETY PO BOX 44 VERSAILLES,KY40383	61-0992070	501C(3)	12,468	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(203) YMCA OF WINCHESTER 645 WESTMEADE DRIVE WINCHESTER,KY40391	61-1206677	501C(3)	32,787	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(204) AMERICA-ISRAEL CULTURAL FOUNDATION 1140 BROADWAY SUITE 2540 NEW YORK,NY10001	13-1664048	501C(3)	25,200	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(205) AMERICAN ASSOCIATES BEN-GURION UNIVERSITY OF THE NEGEV 1430 BROADWAY 8TH FLOOR NEW YORK,NY10018	23-7270753	501C(3)	25,200	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(206) AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE 633 THIRD AVENUE 2ND FLOOR NEW YORK,NY10017	13-1623886	501C(3)	25,200	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(207) AMERICAN FRIENDS OF HEBREW UNIVERSITY 7280 WEST PALMETTO PARK ROAD SUITE 301 BOCA RATON,FL33433	13-1568923	501C(3)	25,200	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(208) AMERICAN FRIENDS OF MAGEN DAVID ADOM (AFMDA) 3300 PGA BOULEVARD SUITE 510 PALM BEACH GARDENS,FL33410	13-1790719	501C(3)	8,500	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
(209) CENTER FOR FAMILY AND COMMUNITY SERVICES 540 EAST THIRD STREET LEXINGTON,KY40507		501C(3)	9,720	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image

209

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2014

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a)Type of grant or assistance	(b)Number of recipients	(c)Amount of cash grant
(1) SCHOLARSHIP	105	216,161

Part IV

Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

ALL RECIPIENTS OF COMPETITIVE GRANTS ARE REQUIRED TO SUBMIT A GRANT REPORT AT THE END OF THE GRANT PERIOD, TYPICALLY ONE YEAR. GRANTEES ARE ASKED TO EVALUATE THE SUCCESS OF THEIR PROJECT. IF THE GRANT HAS BEEN INSTRUMENTAL IN ATTRACTING ADDITIONAL SUPPORT, TO PROVIDE INCOME AND EXPENSE INFORMATION INCLUDING WHETHER ALL GRANT DOLLARS WERE SPENT, FUTURE SUSTAINABILITY OF THE PROJECT, AND IF THERE WAS ANY VARIANCE IN THE PROJECT OR IN SPENDING. STAFF MEMBERS READ GRANT REPORTS, FILL OUT A GRANT REVIEW REPORT FORM, AND ATTACH THIS TO THE GRANT RECORD. GRANT COMMITTEES REVIEW A SUMMARY OF THE PREVIOUS YEAR'S GRANT REPORTS BEFORE CONSIDERING FUNDING TO THE SAME AGENCIES THAT DO NOT SUBMIT GRANT REPORTS ARE NOT ELIGIBLE TO RECEIVE FUNDING FROM COMPETITIVE GRANTS.

Schedule I (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2014

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred in prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1LISA ADKINSCEO	(i) (ii)	141,725 ............................... 0	0 ............................... 0	0 ............................... 0	0 ............................... 0	12,352 ............................... 0	154,077 ............................... 0	0 ............................... 0

Schedule J (Form 990) 2014

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Information about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	3	1,657,877	FMV
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( )
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that

it must hold for at least three years from the date of the initial contribution, and which is not required to be used

for exempt purposes for the entire holding period? ..................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

If "Yes," describe in Part II.

If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2014)

Page 2

Part II

Supplemental Information. Provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation

Schedule M (Form 990) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11	THE FINAL FORM 990 AND SUPPLEMENTAL SCHEDULES ARE REVIEWED IN DETAIL BY THE FINANCE AUDIT COMMITTEE OF THE BOARD. ONCE REVIEWED AND APPROVED BY THE FINANCE AND AUDIT COMMITTEE, ALL BOARD MEMBERS ARE SENT AN EMAIL CONTAINING A LINK TO A PASSWORD-PROTECTED COPY OF THE COMPLETE FORM 990. BOARD MEMBERS ARE INFORMED THE PASSWORD-PROTECTED COPY IS AVAILABLE FOR REVIEW ON THE FOUNDATION?S WEBSITE.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST STATEMENTS ARE UPDATED ANNUALLY AND REVIEWED BY SENIOR MANAGEMENT OF THE COMMUNITY FOUNDATION. ANY CONFLICTS ARE NOTED AT THAT TIME AS WELL AS CREATION OF A PLAN FOR MONITORING THE CONFLICT IF A CONFLICT IS DETERMINED. PERSONS INVOLVED IN THE TRANSACTION INVOLVING A CONFLICT ARE PROHIBITED FROM PARTICIPATION IN THE DELIBERATIONS AND DECISIONS OF SUCH TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION FOR THE COMMUNITY FOUNDATIONS CEO WAS RECOMMENDED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPARATIVE DATA WAS USED FROM LOCAL AND NATIONAL SOURCES AND THE PROCESS WAS DOCUMENTED IN THE MINUTES OF THE COMMITTEE MEETINGS AS WELL AS IN THE EMPLOYMENT CONTRACT OF THE CEO. THE PROCESS WAS LAST COMPLETED DURING THE CURRENT FISCAL YEAR.
FORM 990, PART VI, SECTION C, LINE 19	MOST RECENT AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE FOUNDATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST ARE AVAILABLE FOR INSPECTION UPON REQUEST.
FORM 990, PART XI, LINE 9:	SFAS 136 ADJUSTMENT 8,927.
FORM 990, PART XII, LINE 2C	THE OVERSIGHT OF THE AUDIT AND PROCESS USED TO SELECT AN INDEPENDENT ACCOUNTANT DID NOT CHANGE IN THE PRIOR YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

BLUE GRASS COMMUNITY FOUNDATION INC

Employer identification number

61-6053466

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)
(1) FOUR NINETY NINE EAST HIGH STREET LLC 250 WEST MAIN STREET LEXINGTON,KY40507 46-1577439	REAL ESTATE HOLDING	KY

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2014

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No

Schedule R (Form 990) 2014

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .

m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .

o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2014

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2014

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2014

Additional Data

Software ID:
Software Version:

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	16,139,127	13,891,243
9	Program service revenue (Part VIII, line 2g) .........	946,123	854,362
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	3,912,576	4,082,317
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	7,992	-17,637
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	21,005,818	18,810,285
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	17,146,288	8,587,286
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	767,836	833,524
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 42,346
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	1,605,548	1,627,562
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	19,519,672	11,048,372
19	Revenue less expenses. Subtract line 18 from line 12.......	1,486,146	7,761,913
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	72,228,769	75,078,042
21	Total liabilities (Part X, line 26).............	9,497,667	8,527,605
22	Net assets or fund balances. Subtract line 21 from line 20.....	62,731,102	66,550,437

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 10,584,799 including grants of $ 8,587,286 ) (Revenue $ 854,362 )
	THE COMMUNITY FOUNDATION MADE OVER 1,200 GRANTS IMPACTING MORE THAN 580 NON PROFIT ORGANIZATIONS AND 94 SCHOLARSHIP RECIPIENTS. THE GRANTS WERE MADE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES. THE COMMUNITY FOUNDATION CURRENTLY HOUSES MORE THAN 400 CHARITABLE FUNDS ESTABLISHED TO SUPPORT THE CHARITABLE CAUSES THAT ARE IMPORTANT TO DONORS AND ADMINISTERS 10 COMPETITIVE GRANT MAKING PROGRAMS IN KENTUCKY. THROUGH THE LEADERSHIP AND ENGAGEMENT ARM OF THE COMMUNITY FOUNDATION A NEW MODEL FOR COMMUNITY ENGAGEMENT HAS BEEN REALIZED. THE FOUNDATION WORKS CLOSELY WITH COMMUNITY LEADERS TO IDENTIFY AREAS OF NEED, FACILITATE PUBLIC FORUMS AND OVERSEE PROJECTS THAT HAVE A LASTING IMPACT ON OUR COMMUNITY.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses10,584,799

(A) Name and business address	(B) Description of services	(C) Compensation
FUND EVALUATION GROUP 201 EAST FIFTH STREET STE 1600 CINCINNATI,OH45202	INVESTMENT ADVISORY GROUP	134,022




2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 1

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c		96,500
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f		13,794,743

g	Noncash contributions included in lines 1a-1f:$		1,657,877
h	Total. Add lines 1a-1f.......			13,891,243
			Business Code
2a	COMMUNITY SUPPORT FEES		900099	854,362	854,362
b
c
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			854,362
3	Investment income (including dividends, interest, and other similar amounts).......			2,310,050			2,310,050
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	21,910,257
b	Less: cost or other basis and sales expenses	20,137,990
c	Gain or (loss)	1,772,267
d	Net gain or (loss)..........			1,772,267			1,772,267
8a	Gross income from fundraising events (not including $ 96,500 of contributions reported on line 1c). See Part IV, line 18 ..
	a		19,615
b	Less: direct expenses ...b		37,252
c	Net income or (loss) from fundraising events..			-17,637			-17,637
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			18,810,285	854,362	0	4,064,680

1	Briefly describe the organization’s mission or most significant activities: ESTABLISHED IN 1967, BLUE GRASS COMMUNITY FOUNDATION'S MISSION IS TO IMPROVE THE QUALITY OF LIFE IN THE BLUEGRASS REGION BY INCREASING CHARITABLE GIVING AND LEADING ON CRITICAL COMMUNITY ISSUES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	15
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	15
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	11
6	Total number of volunteers (estimate if necessary) .............	6	30
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	141,725	0	12,352


				(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............				1
2	Savings and temporary cash investments .........			5,818,704	2	5,202,540
3	Pledges and grants receivable, net ...........				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net .............				7
8	Inventories for sale or use ..............				8
9	Prepaid expenses and deferred charges ..........				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,064,179
b	Less: accumulated depreciation .....	10b	251,700	875,356	10c	812,479
11	Investments—publicly traded securities ..........			62,103,979	11	65,178,828
12	Investments—other securities. See Part IV, line 11 .....			3,386,368	12	3,225,006
13	Investments—program-related. See Part IV, line 11 .....				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			44,362	15	659,189
16	Total assets. Add lines 1 through 15 (must equal line 34)......			72,228,769	16	75,078,042
17	Accounts payable and accrued expenses .........			650	17	1,454
18	Grants payable .................				18
19	Deferred revenue ................			1,317	19	191
20	Tax-exempt bond liabilities .............				20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..			8,927,736	21	7,970,147
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........				22
23	Secured mortgages and notes payable to unrelated third parties ..			567,964	23	555,813
24	Unsecured notes and loans payable to unrelated third parties ....				24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................				25
26	Total liabilities. Add lines 17 through 25.........			9,497,667	26	8,527,605
	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............			16,908,981	27	17,704,069
28	Temporarily restricted net assets ...........			45,822,121	28	48,846,368
29	Permanently restricted net assets ...........				29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances ...........			62,731,102	33	66,550,437
34	Total liabilities and net assets/fund balances ........			72,228,769	34	75,078,042

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; do not file with Form 990)............................	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)...............................................	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713; do not file with Form 990).....................................	Yes	No