The Community Foundation Of Louisville Inc

Organization Overview

The Community Foundation Of Louisville Inc is located in Louisville, KY. The organization was established in 1980. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Community Foundation Of Louisville Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Louisville Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Community Foundation Of Louisville Inc generated $70.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $38.8m during the year ending 06/2021. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of Louisville Inc has awarded 3,811 individual grants totaling $266,573,906. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STRENGTHEN OUR REGION THROUGH INSPIRED PHILANTHROPY AND OUTSTANDING STEWARDSHIP.

Describe the Organization's Program Activity:

DISTRIBUTE CONTRIBUTIONS AND GRANTS TO 501(C)(3) ORGANIZATIONS CLASSIFIED AS 509(A).


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Board, Officers & Key Employees

Name (title)Compensation
Matthew L Bacon
VP & CFO
$219,142
Trisha Finnegan
Chief Strategy Officer
$132,880
Ronald Gallo
President & CEO
$117,311
Janet Walther
Vp, Communications & Marketing
$115,951
Heather Cash
Vp, Development & Stewardship
$110,515
Stephanie H Smith
Board Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,763,513
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$37,125,141
Noncash contributions included in lines 1a–1f $11,486,382
Total Revenue from Contributions, Gifts, Grants & Similar$38,888,654
Total Program Service Revenue$1,819,078
Investment income $11,241,859
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $18,678,750
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,628,491

Grants Awarded

Over the last fiscal year, The Community Foundation Of Louisville Inc has awarded $29,162,033 in support to 486 organizations.

Grant RecipientAmount

LOUISVILLE ORCHESTRA INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: A69 SYMPHONY ORCHESTRAS

$1,102,249

METRO UNITED WAY INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: P30 CHILDREN'S AND YOUTH SERVICES

$972,837

UNIVERSITY OF LOUISVILLE FOUNDATION INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: B11 SINGLE ORGANIZATION SUPPORT

$953,335

FRIENDS OF MCGILL UNIVERSITY INC

Org PageRecipient Profile

New Rochelle, NY

PURPOSE: B EDUCATIONAL INSTITUTIONS

$781,000

FUND FOR THE ARTS INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: A12 FUNDRAISING AND/OR FUND DISTRIBUTION

$642,890

LOUISVILLE FREE PUBLIC LIBRARY FOUNDATION

Org PageRecipient Profile

Louisville, KY

PURPOSE: B70 LIBRARIES LIBRARY SCIENCE

$632,600
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that The Community Foundation Of Louisville Inc has recieved totaling $25,000.

Awarding OrganizationAmount
Jarosz Family Foundation

Hinsdale, IL

PURPOSE: FAMILY COMMUNITY CLINIC

$10,000
The Hazel & Walter T Bales Foundation Inc

Jeffersonville, IN

PURPOSE: GENERAL

$10,000
Gilbert Foundation Inc

Prospect, KY

PURPOSE: EDUCATIONAL - LYPC OPERATIONS

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$499,394,417
Earnings$164,677,394
Admin Expense$5,617,750
Net Contributions$39,070,731
Grants$33,769,316
Ending Balance$663,755,476

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