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The Community Foundation of Louisville

Louisville, KY · EIN 31-0997017 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Community Foundation of Louisville reported $99.1 million in revenue and $66.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.74 went to program services, $7.57 to management and general costs and $2.69 to fundraising. Its largest source of revenue was contributions and grants: 52.9% of the total. The highest compensation it reported for one person was $385,160 (PRESIDENT & CEO). 8 people received more than $100,000 in reportable compensation. Revenue fell 17% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $66M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $99M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.7%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
7.6%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.7%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
52.9%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
2.1%0.0%
Highest reported compensation
Part VII-A, columns D–F
$385,160$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.58%1.56%
People paid over $100,000
Part VII, line 2
83
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
133.456.6
Independent voting board members
Part VI 1a–1b
23 of 23100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$59M expenses · 100.0% of program spending · grants $58M · revenue $2.1M

Distribute contributions and grants to 501(c)(3) organizations classified as 509(a)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.00 hrs/week
$373,838$0$11,322$385,160
COO & CFO
Officer, 40.00 hrs/week
$277,634$0$14,690$292,324
PRESIDENT OF FELIX E. MARTIN JR. FDN
Key employee, 0.00 hrs/week
$168,627$0$13,358$181,985
CHIEF PHILANTHROPY OFFICER
Officer, 40.00 hrs/week
$153,593$0$13,526$167,119
SENIOR VP, COMM LEADER, TO 05/25
Officer, 40.00 hrs/week
$151,982$0$13,546$165,528
CHIEF MARKETING OFFICER
Officer, 40.00 hrs/week
$141,956$0$12,883$154,839
VP, ADVANCEMENT
Officer, 40.00 hrs/week
$131,345$0$12,911$144,256
CONTROLLER
Highest compensated employee, 40.00 hrs/week
$106,867$0$11,743$118,610

8 people received more than $100,000 in reportable compensation from The Community Foundation of Louisville (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$99M$66M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$99M$66M89.7%$735M$385,160
FY2024 ⓘ$90M$61M90.7%$671M$354,575
FY2023 ⓘ$144M$122M96.3%$613M$320,646
FY2022 ⓘ$100M$50M89.9%$604M$319,165
FY2021 ⓘ$71M$39M90.9%$650M$234,535
FY2020 ⓘ$119M$46M91.3%$488M$197,260

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b23 · 23 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 553
  • Volunteers Part I, line 649

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PRIME BUCHHOLZ LLC
Investment consulting
$305,041

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

31 private foundations reported grants to The Community Foundation of Louisville totaling $8.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Community Foundation of Louisville's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Community Foundation of Louisville, you can publish a response that is linked from this page.

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Questions people ask

How much of The Community Foundation of Louisville's spending goes to programs?

In the fiscal year ending June 30, 2025, The Community Foundation of Louisville reported that 89.7% of its $66.1 million in expenses went to program services, 7.6% to management and general and 2.7% to fundraising (Form 990, Part IX).

How much does The Community Foundation of Louisville pay its top executive?

The largest total compensation The Community Foundation of Louisville reported for one person in the fiscal year ending June 30, 2025 was $385,160, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Community Foundation of Louisville get its money?

Of $99.1 million in revenue in the fiscal year ending June 30, 2025, 52.9% came from contributions and grants and 2.1% from program service revenue (Form 990, Part VIII).

Is The Community Foundation of Louisville a registered charity?

The IRS lists EIN 31-0997017 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621259349302797 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521289349300227 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349303409 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331319349302118 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231239349301633 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131259349301113 · read the filing

All filings for EIN 31-0997017: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.