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    3. Commonwealth Fund for Ket
    Commonwealth Fund for Ket logo

    Commonwealth Fund for Ket

    ActiveArts, Culture & Humanities
    LEXINGTON, KYWebsite8592587000

    About Commonwealth Fund for Ket

    KET is Kentucky’s largest classroom, where learning comes to life for more than two million people each week via television, online and mobile.

    Focus Areas

    EducationPublic media / BroadcastingEarly childhoodCommunity engagement

    Who They Fund

    Kentucky residents/general publicK-12 students and educatorspublic television audiences

    Funding Style

    project-based production fundingpublic media operating supportprogrammatic/content funding

    Topics

    educational television production

    About Commonwealth Fund for Ket

    Commonwealth Fund for Ket Inc’s recent giving centers on a single recipient: Kentucky Educational Television Foundation in Lexington, funded year after year for the production of educational programs and support of Kentucky public television. The three largest recent grants on file show a multi-year pattern, with awards of $10,191,000 in 2024, $5,410,600 in 2025, and $4,927,000 in 2023. That pattern matches the foundation’s role in supporting KET’s educational mission through public media content rather than individual awards or program-related investments. The foundation’s stated focus areas point to education, public media and broadcasting, early childhood, and community engagement. Its program structure also includes named KET endowments and funds tied to public affairs, Kentucky productions, and educational media. The recipient organization serves Kentucky audiences through television, online, and mobile platforms, aligning the funder’s grantmaking with statewide public broadcasting and learning content. KET’s founder is also recognized through an award administered by Friends of KET, showing an institutional link between the foundation and the broadcaster’s mission.

    What Commonwealth Fund for Ket Funds

    Education is the clearest funding theme. Commonwealth Fund for Ket Inc gave $10,191,000 in 2024 to Kentucky Educational Television Foundation for production of educational programs and support of Kentucky public television, and the foundation’s taxonomy includes K-12 and lifelong learning content. Public media and broadcasting are another core lane. The 2025 grant of $5,410,600 to Kentucky Educational Television Foundation supported the same work, indicating continuing backing for educational television production and public broadcasting operations. The foundation also supports content and mission-specific infrastructure through its named funds. The O. Leonard Press Endowment for Public Affairs supports public affairs programming such as Kentucky Edition and Kentucky Tonight, while the KET Endowment for Kentucky Productions helps fund Kentucky-focused television and digital content.

    How Commonwealth Fund for Ket Gives

    Typical award size is large: the p25 is $6,243,000, the median is $7,559,000, and the p75 is $8,875,000. The recent record also shows a clear repeat-recipient pattern, with the same Kentucky Educational Television Foundation appearing in 2023, 2024, and 2025. This points to ongoing operating or program support rather than one-off project grants. The foundation does not fund individuals and makes no program-related investments. Its grantmaking is local, and the available program descriptions emphasize project-based production funding, public media operating support, and programmatic/content funding.

    Financial Snapshot

    Annual Giving

    $5.4M

    Total Assets

    $50.2M

    Total Revenue

    $11M

    Total Expenses

    $8.2M

    Typical Grant Size

    Most grants fall between $6.2M and $8.9M, with a median of $7.6M.

    25th Percentile

    $6.2M

    Median

    $7.6M

    75th Percentile

    $8.9M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in KY.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    MICHELE RIPLEY

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    Privacy PolicyTerms of ServiceSystem Status
    EIN: 61-1285473
    3 filings on record
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    public broadcasting strengthening
    creation/distribution of educational media
    K-12 and lifelong learning content

    Where Commonwealth Fund for Ket Makes Grants

    Grantmaking is concentrated in Kentucky: 100% of grants in the provided sample went to recipients in the headquarters state, and Kentucky is also the top state by grant count. The recent grants all went to Lexington-based Kentucky Educational Television Foundation. Program descriptions also reference Kentucky-only support for public affairs programming and Kentucky productions, reinforcing the in-state focus.

    Frequently Asked Questions About Commonwealth Fund for Ket

    What kinds of work does Commonwealth Fund for Ket Inc support?

    Its stated focus areas are education, public media and broadcasting, early childhood, and community engagement. The active grant programs also point to public affairs programming, Kentucky productions, educational media, and educator recognition tied to KET’s mission.

    What is the typical grant size?

    The typical award is in the multi-million-dollar range. The grant-size distribution is p25 $6,243,000, median $7,559,000, and p75 $8,875,000.

    Does the foundation mainly support the same recipient over time?

    Yes. The recent grants list shows Kentucky Educational Television Foundation receiving awards in 2023, 2024, and 2025, all for production of educational programs and support of Kentucky public television.

    Where do the grants go geographically?

    The giving is local and entirely in Kentucky in the provided data. All recorded grants went to recipients in the HQ state, and the recent grant recipient is in Lexington, KY.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    KENTUCKY EDUCATIONAL TELEVISION FOUNDATIONLEXINGTON, KY$5,410,6002025PRODUCTION OF EDUCATIONAL PROGRAMS AND SUPPORT OF KENTUCKY PUBLIC TELEVISION
    KENTUCKY EDUCATIONAL TELEVISION FOUNDATIONLEXINGTON, KY$10,191,0002024PRODUCTION OF EDUCATIONAL PROGRAMS AND SUPPORT OF KENTUCKY PUBLIC TELEVISION
    KENTUCKY EDUCATIONAL TELEVISION FOUNDATIONLEXINGTON, KY$4,927,0002023PRODUCTION OF EDUCATIONAL PROGRAMS AND SUPPORT OF KENTUCKY PUBLIC TELEVISION

    KENTUCKY EDUCATIONAL TELEVISION FOUNDATION

    $5,410,600
    LEXINGTON, KY2025

    PRODUCTION OF EDUCATIONAL PROGRAMS AND SUPPORT OF KENTUCKY PUBLIC TELEVISION

    KENTUCKY EDUCATIONAL TELEVISION FOUNDATION

    $10,191,000
    LEXINGTON, KY2024

    PRODUCTION OF EDUCATIONAL PROGRAMS AND SUPPORT OF KENTUCKY PUBLIC TELEVISION

    KENTUCKY EDUCATIONAL TELEVISION FOUNDATION

    $4,927,000
    LEXINGTON, KY2023

    PRODUCTION OF EDUCATIONAL PROGRAMS AND SUPPORT OF KENTUCKY PUBLIC TELEVISION