EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC
1735 ALLIANT AVENUE, LOUISVILLE, KY 402996326

Total Revenue
$114,140
Total Expenses
$107,537
Net Assets
$1,581,446

Organizations Filed Purposes: THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (EDUCATIONAL FOUNDATION), FOUNDED IN 1961, IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ENHANCING THE NUMBER OF COLLEGE DEGREES IN KENTUCKY, EXPANDING THE PIPELINE OF FINANCIAL PROFESSIONALS IN THE BUSINESS MARKETPLACE, IMPROVING THE FINANCIAL LITERACY OF KENTUCKY'S YOUTH AND REVEALING TO STUDENTS THE BOUNDLESS CAREER OPPORTUNITIES OPEN TO THOSE WHO PURSUE AN ACCOUNTING DEGREE.

TO INTRODUCE STUDENTS THROUGHOUT ALL LEVELS OF THEIR EDUCATION TO THE ACCOUNTING PROFESSION AND TO PROVIDE SCHOLARSHIPS TO COLLEGE STUDENTS PURSUING A CAREER IN ACCOUNTING.

THE FOUNDATION SUPPORTS A CPA FIRM AT JUNIOR ACHIEVEMENT BIZTOWN IN LOUISVILLE AND IN LEXINGTON. JA BIZTOWN COMBINES IN-CLASS LEARNING WITH HANDS ON LEARNING AT BIZTOWN. THROUGH THE EFFORTS OF THE FOUNDATION, JA NOW INCLUDES A CPA IN EACH OF THE OTHER STORE FRONTS AT BIZTOWN. THESE EFFORTS EXPOSE APPROXIMATELY 28,000 5TH GRADERS EACH YEAR TO THE ACCOUNTING PROFESSION. THE FOUNDATION PROVIDES SCHOLARSHIPS TO COLLEGE STUDENTS WHO ARE PURSUING A DEGREE IN ACCOUNTING. THESE SCHOLARSHIPS ARE AWARDED AFTER A COMPREHENSIVE APPLICATION PROCESS AND REVIEW. DURING THE 2019-20 FISCAL YEAR, THE FOUNDATION AWARDED 46 SCHOLARSHIPS FOR A TOTAL OF $60,000. THE FOUNDATION CURRENTLY HAS 28 NAMED SCHOLARSHIPS WHICH REQUIRE A $50,000 PLEDGE.EXTENSIVE FUNDRAISING EFFORTS ALLOW THE FOUNDATION TO SUPPORT THE CPA FIRM AT BOTH THE LOUISVILLE AND LEXINGTON BIZTOWNS AND PROVIDE THE SCHOLARSHIPS. WE HAVE BEEN SUCCESSFUL BECAUSE OF THE OVERWHELMING SUPPORT FROM THE CPA COMMUNITY. THEIR CONTRIBUTIONS HAVE ALLOWED THE FOUNDATION TO CONTINUE PROGRAMS AT THE GRADE SCHOOL, HIGH SCHOOL AND COLLEGE LEVEL. WE UNDERSTAND THAT EVERYONE INCLUDING PUBLIC PRACTICE FIRMS AND INDUSTRY ARE DEALING WITH THE ISSUE OF A SHORTAGE IN TALENT. OUR GOAL IS TO CREATE A PIPELINE OF TALENTED CPAS. THE CONTINUED VIABILITY AND SUSTAINABILITY OF MANY ORGANIZATONS IS DEPENDENT UPON THE DEVELOPMENT OF THIS PIPELINE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Darlene ZibartCEO2$0
Jaclyn BadeauCHAIRPERSON1$0
Samantha SoutarTRUSTEE1$0
Rob KesterTRUSTEE1$0
Esther Thompson-LongTRUSTEE1$0
Laura FeatherTRUSTEE1$0
Douglas AllenTRUSTEE1$0
Blair ManningTRUSTEE1$0
Harry FreibertTRUSTEE1$0
Eric ScottTRUSTEE1$0
Kevin JoyntTRUSTEE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023169349300622_public.xml