The Triangle Foundation Inc

Lexington, KY ยท Founded 1980

Developing public parks and civic spaces in downtown Lexington

Primary audience
Lexington Community
Work area
Civic Development
Topic
Park Projects
Contact
Mr Stephen L Grossman
Website Contact

About Organization

Triangle Foundation initiates private projects for public benefit, including development of Triangle Park, Equestrian Park, Thoroughbred Park, and Woodland Skateboard Park. Based in Lexington, KY, the foundation generated $145,519 in revenue in 2023 with assets of $19.1 million.

What They Focus On

Public Park Creation

Development of accessible community spaces including Triangle Park, Equestrian Park, Thoroughbred Park, and Woodland Skateboard Park throughout downtown Lexington

Kentucky Heritage

Projects celebrating Kentucky equestrian and thoroughbred racing traditions through public art installations and themed park spaces for residents and visitors

Civic Beautification

Enhancement of downtown Lexington through landscape improvements and public gathering areas initiated by over 100 board members and 82 volunteers

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2023)

$146K

+40% vs 2020

Expenses (2023)

$218K

+124.1% vs 2020

Assets (2023)

$19.1M

+8.5% vs 2020

Year Revenue Expenses Assets Employees
2023 $145,519 $218,442 $19,078,881 0
2020 $103,978 $97,494 $17,588,938 0
2019 $383,712 $94,869 $13,945,046 0
2018 $108,881 $163,957 $13,926,164 0

Source: IRS Form 990 filings. All figures in USD.

How They Work

Learn more
  • 01

    Project Identification

    Board members identify civic improvement opportunities that beautify and promote Kentucky heritage

  • 02

    Resource Development

    Mobilize board member donations and community support to fund public benefit projects

  • 03

    Park Creation

    Plan and construct public parks and beautification projects for community use

  • 04

    Heritage Celebration

    Develop spaces and features honoring Kentucky equestrian and thoroughbred racing traditions

Programs and Initiatives

Services and programs offered by The Triangle Foundation Inc

Park Development

Planning and construction of public parks including Triangle Park, Equestrian Park, Thoroughbred Park, and Woodland Skateboard Park

Heritage Promotion

Projects celebrating Kentucky rich equestrian and thoroughbred racing heritage through public art and spaces

Downtown Beautification

Enhancement of downtown Lexington through landscape improvements, public spaces, and community gathering areas

Community Engagement

Board member leadership and volunteer coordination for civic improvement project planning and fundraising

Team & Leadership

Meet the people behind The Triangle Foundation Inc.

MS

Mr Stephen L Grossman

President
1 hrs/week
ME

Mr Edward S Barr

Chairman
1 hrs/week

Milestones

1980

Foundation Established

1980

Alex Campbell Jr and community leaders founded Triangle Foundation to develop Triangle Park

1980

IRS Recognition

1980

Received tax-exempt status recognition from the Internal Revenue Service in September

2019

Peak Funding

2019

Generated $383,712 in revenue supporting multiple park development and beautification projects

2023

Asset Growth

2023

Reached $19.1 million in assets with over 100 board members supporting civic projects

Associated People

Board members, advisors, and key contributors

Board of Directors

MD
Mr Douglas Dean Treasurer 0.20 hrs/week
MH
Mr Headley Bell Director 0.20 hrs/week
MH
Mr Herbert A Miller Jr Secretary 0.20 hrs/week
MS
Mr Steven H Caller Director 0.20 hrs/week
MW
Mr William Rouse III Director 0.20 hrs/week
MW
Mr William T Young Jr Director 0.20 hrs/week
ME
Ms Ellen Chapman Director 0.20 hrs/week

Information compiled from IRS Form 990 and organizational materials.

Contact

Get in touch with The Triangle Foundation Inc

Phone

(859) 338-0369
Visit Website
Po Box 223 Lexington, KY 40588