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Community Development : Community Foundations

The Community Foundation of Louisville

Inspired giving. Lasting impact.

four stars

93.41

325 West Main Street Suite 1110
Louisville, KY 40202
tel: (502) 585-4649   Web Site
EIN: 31-0997017

Board Leadership
Marshall Bradley Jr.
Chair

CEO
Susan A. Barry
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 93.41 four stars
  Financial 91.59 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Our mission is to advance philanthropy by: serving the charitable interests of donors, enabling increased charitable giving, and improving communities by being a permanent philanthropic resource for current and future needs. From 1984 to 2009, the Community Foundation grew from six charitable funds and assets of $1.1 million to more than 1,100 funds totaling $250 million. Although commingled as a lasting community resource, each fund has its own name and charitable purpose as defined by its donors. In 2009, these funds awarded 7,500 grants totaling $32 million to nonprofit organizations that improve the quality of life in the Louisville area and beyond.

Our mission is to advance philanthropy by: serving the charitable interests of donors, enabling increased charitable giving, and improving communities by being a permanent philanthropic resource for current and future needs. From 1984 to 2009, the Community Foundation grew from six charitable funds and assets of $1.1 million to more than 1,100 funds totaling $250 million. Although commingled as a lasting community resource, each fund has its own name and charitable purpose as defined by its donors. In 2009, these funds awarded 7,500 grants totaling $32 million to nonprofit organizations that improve the quality of life in the Louisville area and beyond.

Results Information

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Financial

four stars

91.59

Accountability & Transparency

four stars

96.00

This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.3%
  Administrative Expenses 11.1%
  Fundraising Expenses 1.4%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 9.81
  Program Expenses Growth 5.7%
  Liabilities to Assets 5.9%
All data for Financial Performance Metrics calculations was provided by The Community Foundation of Louisville on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Community Foundation of Louisville on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Community Foundation of Louisville (KY) 93.41 four stars
Community Foundation of the Virgin Islands (VI) 91.33 four stars
Central New York Community Foundation (NY) 93.28 four stars
Community Foundation of Tampa Bay (FL) 93.20 four stars
Baltimore Community Foundation (MD) 88.42 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $30,386,630
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $171,481
   Government Grants $0
Total Contributions $30,558,111
   Program Service Revenue $2,829,666
Total Primary Revenue $33,387,777
   Other Revenue $13,651,030
TOTAL REVENUE $47,038,807
   
EXPENSES  
   Program Expenses $30,062,489
   Administrative Expenses $4,238,450
   Fundraising Expenses $444,302
TOTAL FUNCTIONAL EXPENSES $34,745,241
   
Payments to Affiliates $0
Excess (or Deficit) for the year $12,293,566
   
Net Assets $314,266,137

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Distribution of Contributions and Grants $29,987,274 99.7%
Gift Annuities $75,215 0.3%

Ratings History
The Community Foundation of Louisville has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 12/01/2017 93.41 four stars
2015-06 11/01/2016 97.11 four stars
2014-06 06/01/2016 96.96 four stars
 
CN 2.0
2014-06 11/01/2015 90.72 four stars
2013-06 04/01/2015 97.04 four stars
2012-06 12/20/2013 99.55 four stars
2011-06 10/01/2012 99.22 four stars
2010-06 11/01/2011 97.10 four stars
2009-06 09/20/2011 86.24 three stars
 
CN 1.0
2009-06 12/01/2010 93.45 four stars
2008-06 02/01/2010 92.56 four stars
2007-06 12/17/2008 98.64 four stars
2006-06 10/01/2007 82.44 three stars
2005-06 11/01/2006 76.31 two stars
2004-06 11/01/2005 73.56 two stars
2003-06 10/01/2004 88.12 three stars
2002-06 08/01/2003 83.65 three stars
2001-06 10/15/2002 95.74 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-0997017
Name in IRS Master File THE COMMUNITY FOUNDATION OF LOUISVILLE INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (903) Community trust or component
(602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1980
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$240,614 0.69% Susan A. Barry President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Community Foundation of Louisville (KY) 93.41 four stars
Jewish Community Foundation of San Diego (CA) 88.90 three stars
Community Foundation for Greater Buffalo (NY) 91.92 four stars
Community Foundation for Muskegon County (MI) 90.20 four stars
Community Foundation for the Fox Valley Region (WI) 91.57 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Community Foundation of Louisville
325 West Main Street
Suite 1110
Louisville, KY 40202
tel: (502) 585-4649
fax: (502) 587-7484
EIN: 31-0997017

Visit Web Site

Board Leadership

Marshall Bradley Jr.
Chair

CEO

Susan A. Barry
President, CEO

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