The Community Foundation Of Louisville Corporate Depository In

Organization Overview

The Community Foundation Of Louisville Corporate Depository In is located in Louisville, KY. The organization was established in 1986. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Louisville Corporate Depository In 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 Corporate Depository In generated $10.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $10.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of Louisville Corporate Depository In has awarded 1,597 individual grants totaling $73,375,755. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FACILITATE DONORS' CHARITABLE GIVING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTE GRANTS AND CONTRIBUTIONS TO 501(C)(3) ORGANIZATIONS QUALIFYING UNDER SECTION 509(A).


IN THE NORMAL COURSE OF ITS BUSINESS THE COMMUNITY FOUNDATION OF LOUISVILLE CORPORATE DEPOSITORY, INC. FISCALLY SPONSORS VARIOUS CHARITABLE PROJECTS IN THE LOUISVILLE METRO AREA. AT JUNE 30, 2021 THERE WERE 8 SUCH PROJECTS. EVERY PROJECT IS REVIEWED AND APPROVED BY THE FOUNDATION'S MISSION AND IMPACT COMMITTEE AND BY THE BOARD OF DIRECTORS PRIOR TO ACTIVATION TO ENSURE PROPOSED PROJECTS ARE CONSISTENT WITH THE COMMUNITY FOUNDATION'S TAX EXEMPT MISSION, AS DESCRIBED HEREIN.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie H Smith
Board Chair
$0
Deborah B Williams
Board Secretary
$0
David Tachau
Board Vice Chair
$0
Michael W Gough
Board Treasurer
$0
Matthew L Bacon
VP & CFO
$0
Trisha Finnegan
Chief Strategy Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$162,000
Membership dues$0
Fundraising events$6,538
Related organizations$535,552
Government grants $105,213
All other contributions, gifts, grants, and similar amounts not included above$8,744,616
Noncash contributions included in lines 1a–1f $1,194,436
Total Revenue from Contributions, Gifts, Grants & Similar$9,553,919
Total Program Service Revenue$0
Investment income $234,564
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $400,979
Net Income from Fundraising Events -$12,333
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,177,129

Grants Awarded

Over the last fiscal year, The Community Foundation Of Louisville Corporate Depository In has awarded $6,736,155 in support to 154 organizations.

Grant RecipientAmount

HARBOR HOUSE OF LOUISVILLE

Org PageRecipient Profile

Louisville, KY

PURPOSE: A70 HUMANITIES ORGANIZATIONS

$1,011,195

COMMUNITY FOUNDATION OF LOUISVILLE INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: T31 COMMUNITY FOUNDATIONS

$368,524

LOUISVILLE JEFFERSON COUNTY METRO GOVERNMENT

PURPOSE: S COMMUNITY IMPROVEMENT CAPACITY BUILDING

$333,604

ST JOSEPH CHILDREN'S HOME

Org PageRecipient Profile

Louisville, KY

PURPOSE: P73 GROUP HOME (LONG-TERM PRIMARILY ASSISTED LIVING)

$301,000

SCHOOL CHOICE SCHOLARSHIPS INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: B82 SCHOLARSHIPS STUDENT FINANCIAL AID AWARDS

$300,000

LOUISVILLE URBAN LEAGUE

Org PageRecipient Profile

Louisville, KY

PURPOSE: P22 URBAN LEAGUE

$251,503
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that The Community Foundation Of Louisville Corporate Depository In has recieved totaling $115,000.

Awarding OrganizationAmount
Norton Healthcare Inc

Louisville, KY

PURPOSE: General program support

$55,000
Bridgeman Charitable Group Inc

Louisville, KY

PURPOSE: ACADEMICALLY RIGOROUS SCHOOL HELPING AT RISK WEST END LOUISVILLE BOYS

$50,000
Jewish Heritage Fund For Excellence Inc

Louisville, KY

PURPOSE: GIVE FOR GOOD LOUISVILLE

$10,000
View Grant Recipient Profile

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