Educational Institutions

Commonwealth Fund for Ket, Inc.

  • Lexington, KY
  • www.ket.org

Mission Statement

To make Kentucky a better place and strengthen its communities by educating, inspiring, informing and connecting its citizens through communications technologies and the power of public media.

Main Programs

  1. Annual Costs to Fund Local and National Broadcasts
  2. Kentucky Production Endowment
  3. W. Paul & Lucille Caudill Little Arts Endowment
  4. The O. Leonard Press 21st Century Fund
Service Areas

Self-reported

Kentucky

The entire Commonwealth of Kentucky and parts of the surrounding contingent states.

ruling year

1995

Principal Officer since 2001

Self-reported

Mrs. Michele Ripley

Keywords

Self-reported

KET, CH15

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EIN

61-1285473

Contact

Cause Area (NTEE Code)

Educational Services and Schools - Other (B90)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

KET strives to impact learners of all ages using television multimedia to eliminate barriers thus improving lives individually and collectively so that the overall well-being of our community and state improves. Last year, KET education consultants offered 551 workshops and consultations to over 9,150 teachers and over 1,720 students statewide, including 422 pre-service students. The consultants visited 1,041 schools and sent out over 286,600 electronic communications to K-12 library media specialists, district technology coordinators, classroom teachers, and other educators about KET resources and services. KET's main goals are to:1. Support student achievement. Provide standards-based instructional resources and services for teachers, students, adult learners, and the education community. KET will contribute to the professional growth of educators and the development of an educated workforce. 2. Serve the audience. Produce, acquire, and distribute high-quality, innovative educational, local, and national content on multiple platforms. KET will be responsive to the needs and expectations of our viewers, users, and supporters.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Annual Costs to Fund Local and National Broadcasts

KET provides 3 channels digitally in High Definition 24 hours a day, 7 days a week. These programs including national favorites such as Sesame Street, NewsHour, and Nova. KET also produces more local programming than all other Kentucky commercial stations combined. All programs are available for sponsorship.

Category

Population(s) Served

Budget

$1,900,000.00

Program 2

Kentucky Production Endowment

KET enjoys a stellar reputation nationally for excellence across the Public Broadcasting System. It is widely understood throughout the industry that KET is a flagship, a celebrated leader. And among its accolades, KET's commitment to local productions is unmatched since KET produces more local productions than any other PBS station. To ensure a stable funding source that guarantees in perpetuity local production capacity and ensures access to a lifelong learning gift for all our citizens and students, we have established the Kentucky Productions Endowment. KET's local productions celebrate, preserve, and share stories about the people, places, and heritage of Kentucky. These stories remind all Kentuckians of what makes this Commonwealth richly distinctive. May these stories inspire ideas, make connections, and help the youth to carry on the legacy to preserve a very special place in this world.

Category

Population(s) Served

Adults

Budget

$2,000,000.00

Program 3

W. Paul & Lucille Caudill Little Arts Endowment

With a donation of $1 million, the W. Paul and Lucille Caudill Little Arts Endowment was established. Mrs. Little's gift, the largest donation in KET history at the time, was matched by other private donations over five years, including the Steele-Reese Foundation, and used for the purchase and production of arts programming for Kentucky schools.

Category

Population(s) Served

Budget

Program 4

The O. Leonard Press 21st Century Fund

In 1998, the O. Leonard Press 21st Century Fund for civic engagement was established.

Category

Population(s) Served

Budget

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    The Commonwealth Fund for KET aims to support and further the educational, charitable and public purposes and activities of KET. KET produces and provides innovative and relevant programs and services, giving all citizens access to in-depth information and to cultural and educational opportunities.
  2. What are the organization's key strategies for making this happen?
    Initially, the primary avenue for giving - and still the most viable - was through TeleFund, the annual on-air pledge drive held in March. Even with the addition of the year-end WinterPledge in 2004, KET pledges some 25 days on air, far less than the average 63 days across the PBS system. In recent years, 50% of the callers during both drives have been new donors to KET, meaning these drives maintain one of KET's most effective acquisition tools. Approximately 20% of total revenue derives from on-air pledge drives. The core of today's balanced development program includes the annual Membership campaign that incorporates renewal, lapsed, additional gift and acquisition direct mail and telemarketing (gifts of $1-$499). Additional components of this campaign are the Family Fun Club, offering children's activities for some 2000 families, and Group Memberships. Membership gifts represent the majority of our donors and some 30% of total earned income. The Fund for Excellence giving society was created in 1981 to recognize annual major donors, though the base level has changed from $1000 to $1200; it is our oldest and most prestigious recognition program. Also part of the giving pipeline is the Cornerstone Society which recognizes mid-level donors of $500 to $999. The Legacy Circle includes bequests, trusts and other planned giving vehicles that enable others to remember KET in their estate planning. Incorporating restricted major giving opportunities, the Fund has established three endowments to ensure KET's mission and services in perptuity: the Lucille Caudill Little Arts Endowment for early childhood arts education, the O. Leonard Press 21st Century Fund for civic engagement, and the Endowment for Kentucky Productions for local programs. Today, major annual and restricted gifts represent some 30% of total contributed income; the system average is 6%. In FY2000, long after the system embraced the strategy, the Commonwealth Fund began accepting broadcast Underwriting gifts for programs. Corporations and foundations can support KET philanthropically and gain marketing benefits as well. The Fund manages some 15-20 Special Events annually across the state to engage KET donors and prospects in unique KET experiences. While few of these are fundraising events like Summer Celebration, which is in its 26th year, other cultivation events hold untold fundraising dividends in the future.
  3. What are the organization's capabilities for doing this?
    The Commonwealth Fund for KET owns the property at 560 Cooper Drive and leases 9 staff from the KET Foundation. They are given the same benefits and are subject to the same rules and restrictions as the other KET state and foundation employees.
  4. How will they know if they are making progress?
    Not available.
  5. What have and haven't they accomplished so far?
    Not available.
Service Areas

Self-reported

Kentucky

The entire Commonwealth of Kentucky and parts of the surrounding contingent states.

Funding Needs

KET accepts annual gifts, endowment and planned gifts to ensure quality local and national programming, to reach out to the community with vital services, and to enrich every classroom in the Commonwealth. Each day, KET brings a world of extraordinary television into your home. Programs that challenge your intellect and captivate your imagination. Programs that nurture the minds and spirits of children. Programs for and about you and your family. Your support will help us continue to give you and the rest of our community engaging programs that are always worth watching.

External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

COMMONEWALTH FUND FOR KET INC
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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  • Address, phone and website
  • Forms 990 for 2015, 2014 and 2014
  • Board Chair, Board Co-Chair and Board Members
  • Access to the GuideStar Community
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Operations

The people, governance practices, and partners that make the organization tick.

Commonwealth Fund for Ket, Inc.

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone and website
  • Forms 990 for 2015, 2014 and 2014
  • Board Chair, Board Co-Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Principal Officer

Mrs. Michele Ripley

BIO

Michele Ripley is president of the Commonwealth Fund for Kentucky Educational Television. For an unprecedented five consecutive years, PBS recognized KET with an Overall Development Award, the industry's highest fund-raising honor. Michele served as the 2007 national chair of PBS' Development Advisory Committee and also was named to the PBS Foundation's Station Advisory Council. Previously, for 13 years, Michele served the University of Kentucky, both as institutional National Marketing Director and as the Director of Development and Public Relations for the UK College of Fine Arts. Michele is a native of Lexington, a graduate of UK, and in 2007 became the youngest inductee into the Lafayette High School Hall of Fame. She is a member of the 2002 class ofLeadership Kentucky, was president of the Council for the Advancement and Support of Education-Kentucky, presently serves on the United Way of the Bluegrass Board of Directors, and is active with the Kentucky Chamber of Commerce.

Governance

BOARD CHAIR

Mr. Nick Nicholson

Retired/Keeneland Association, Inc., President

Term: Oct 2014 - Oct 2015

BOARD LEADERSHIP PRACTICES

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RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?