EIN 23-7078461

University of Louisville Foundation

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1970
Most recent tax filings
2020-06-01
Description
The Foundation is organized and operated for the benefit of the University. It serves as a fundraising organization and provides economic impact on the commonwealth of Kentucky through development of new businesses and the creation of new jobs. Funds ...
Total revenues
$66,715,351
2020
Total expenses
$83,114,771
2020
Total assets
$841,865,659
2020
Num. employees
14
2020

Program areas at University of Louisville Foundation

The Foundation supports the University in its efforts to maintain its distinction as a premier, nationally recognized metropolitan research University while promoting the University's departments in their educational, scientific, and literary efforts and enterprises. By maximizing private charitable support and investing prudently, the Foundation helps keep the University in a leadership position for research and academic instruction.continued on schedule o.excellence in research translates to real-world solutions to the issues and complex problems posed to our communities each and every day. Strong metropolitan research universities are engines for intellectual and economic growth and prosperity, and the Foundation makes the University more powerful every day by providing talented researchers with necessary resources to make breakthroughs that matter. As public financial support for higher education has declined and the cost continues to increase, the Foundation is working to ensure the deficit in funding is met, and that students can continue to become University of Louisville academics, athletes and citizens, creating their own unique uofl stories. That is why the Foundation provides financial support for the various academic, athletic and career pursuits.

Grants made by University of Louisville Foundation

GranteeGrant descriptionAmount
Uofl of L Health - LouisvilleGeneral Support$17,520,092

Who funds University of Louisville Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of LouisvilleB11 Single Organization Support$1,590,081
Jewish Heritage Fund for Excellence (JHFE)Bridge Grants & Startup Grants$1,200,000
University of Louisville TrustTo Promote and Enhance Academic Excellence of University of Louisville and Quality of Supporting Programs By Operating Exclusively for Charitable, Scientific, Literary, Educ Purposes$938,358
...and 42 more grants received totalling $7,654,570

Personnel at University of Louisville Foundation

NameTitleCompensation
Keith ShermanExecutive Director and Chief Operating Officer$231,889
Gina LankswertDirector of Administration
Susan MagnessBudget Director$122,524
Tom FaloneProperty Manager
Judy SingletonSenior Manager of Gift Administration / Senior Manager Gift Administration
...and 22 more key personnel

Financials for University of Louisville Foundation

RevenuesFYE 06/2020
Total grants, contributions, etc.$62,343,858
Program services$0
Investment income and dividends$429,358
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$141,384
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,800,751
Total revenues$66,715,351

Form 990s for University of Louisville Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-06-01990View PDF
2019-062020-12-21990View PDF
2018-062019-07-23990View PDF
2017-062018-10-16990View PDF
2016-062017-09-15990View PDF
...and 7 more Form 990s

Organizations like University of Louisville Foundation

OrganizationLocationRevenue
Clemson University FoundationClemson, SC$65,187,016
UWM FoundationMilwaukee, WI$32,469,764
Georgia Tech FoundationAtlanta, GA$131,640,518
University of Colorado FoundationDenver, CO$259,096,557
Colorado State University FoundationFort Collins, CO$76,359,569
The Nobel FoundationSweden, $41,813,891
Southern Illinois University Foundation (SIUF)Carbondale, IL$31,565,742
Children's Hospital of Chicago Faculty Practice PlanChicago, IL$24,966,990
Florida State University Research Foundation (FSURF)Tallahassee, FL$21,810,684
Virginia Tech FoundationBlacksburg, VA$221,999,686
Data update history
August 3, 2022
Received grants
Identified 13 new grant, including a grant for $500,000 from The Nucleus Real Properties
July 18, 2022
Updated personnel
Identified 10 new personnel
May 21, 2022
Posted financials
Added Form 990 for fiscal year 2020
May 21, 2022
Used new vendors
Identified 4 new vendors, including , , , and
September 28, 2021
Received grants
Identified 22 new grant, including a grant for $1,590,081 from Community Foundation of Louisville
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Science and technologyEducation
Characteristics
Funds one specific organizationProvides grantsConducts researchLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
215 Central Ave No 212
Louisville, KY 40208
Metro area
Louisville/Jefferson County, KY-IN
Website URL
louisvillefoundation.org/ 
Phone
(502) 852-7300
IRS details
EIN
23-7078461
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U11: Science and Technology Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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