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CHARITY REVIEW
Issued: May 2026 Expires: May 2028

Governor's School for Entrepreneurs

Accredited Charity
Accredited Charity

Meets Standards

PO Box 6476
Louisville, KY, 40206

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Governor's School for Entrepreneurs meets the 20 Standards for Charity Accountability.

Stated Purpose:
To identify, inspire, and empower Kentuckys future innovators.

Year, State Incorporated:
2015, KY

Also Known As:
GSE

The Governors School for Entrepreneurs identifies, inspires, and empowers Kentuckys future innovators. GSEs Summer Startup program develops lifelong entrepreneurial skills in high school students and qualifies them for college scholarships. GSEs Collegiate Pitch program is Kentuckys largest intercollegiate pitch competition, offering thousands of dollars in prizes. GSE alums have launched more than 120 businesses in Kentucky.

For the year ended September 30, 2025, Governor's School for Entrepreneurs's program expenses were:

GSE Program $728,563
Kentucky Pitch Competition $110,132
Ecosystem $5,526
Total Program Expenses $844,221

Chief Executive
Anne Jewell, President & CEO

Chair of the Board
Koleman Karleski

Chair's Profession / Business Affiliation
GSE Co-Founder, Executive Chairman at Cork Leadership

Board Size
5

Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Television, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Governor's School for Entrepreneurs's audited financial statements for the year ended September 30, 2025.

Source of Funds
State funding $1,000,000
Federal funding $150,000
Interest income $43,203
Contributions $1,886
Total Income $1,195,089

Programs: 84% Fundraising: 1% Administrative: 15%

Total Income $1,195,089
Total expenses: $1,000,789
  Program expenses $844,221
  Fundraising expenses $9,105
  Administrative expenses $147,463
  Other expenses $0
Income in Excess of Expenses $194,300
Beginning Net Assets $1,472,748
Other Changes In Net Assets $0
Ending Net Assets $1,667,048
Total Liabilities $3,163
Total Assets $1,670,211
Ending net assets as reported above are unrestricted net assets.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana