2026-03-20T09:41:50-05:00 2025-06-30 351178661 BLUE & CO LLC 2650 EASTPOINT PKWY SUITE 300 LOUISVILLE KY 40223 990 2024-07-01 610969361 LOUISVILLE FREE PUBLIC LIBRARY FOUNDATIO LOUI 5027541702 301 YORK STREET LOUISVILLE KY 402032257 CHANDRA GORDON EXECUTIVE DIRECTOR 5027541702 2026-03-19 1 1 GREG JACKSON CPA P00077314 5029923500 2026-03-19 2024 2025-03-06 01:10:19Z CHANDRA GORDON 301 YORK STREET LOUISVILLE KY 402032257 6561227 0 X WWW.LFPLFOUNDATION.ORG X 1980 KY TO ENHANCE THE PROGRAMS AND SERVICES OF THE LOUISVILLE FREE PUBLIC LIBRARY. 24 24 6 37 0 0 5107183 5028494 0 0 833500 902247 0 0 5940683 5930741 2147014 3899524 0 0 527465 591417 29800 7575 414002 222660 250061 2926939 4748577 3013744 1182164 24272920 27114141 8222819 9500656 16050101 17613485 X TO ENHANCE THE PROGRAMS AND SERVICES OF THE LOUISVILLE FREE PUBLIC LIBRARY. 0 0 4087361 3899524 SEE SCHEDULE O 4087361 1 1 0 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X CHANDRA GORDON 5027541702 301 YORK STREET LOUISVILLE KY 402032257 CHRIS GARRETT IMMEDIATE PAST CHAIR 2.00 X 0 0 0 MELANIE MCCOY CHAIR 2.00 X X 0 0 0 BARBARA SEXTON SMITH SECRETARY 2.00 X X 0 0 0 BRIAN STIVERS TREASURER 2.00 X X 0 0 0 LIZ AMICK DIRECTOR 1.00 X 0 0 0 CHRISTEN BOONE DIRECTOR 1.00 X 0 0 0 WALEED BAHOUTH DIRECTOR 1.00 X 0 0 0 KENDALL BOYD DIRECTOR 1.00 X 0 0 0 ANITA HALL DIRECTOR 1.00 X 0 0 0 FANNIE M COX DIRECTOR 1.00 X 0 0 0 MARCIE DEFFENBAUGH DIRECTOR 1.00 X 0 0 0 KATY DELAHANTY DIRECTOR 1.00 X 0 0 0 JENNIFER GLASSNER DIRECTOR 1.00 X 0 0 0 BRIAN GUPTON DIRECTOR 1.00 X 0 0 0 DANIEL FROCKT DIRECTOR 1.00 X 0 0 0 FRANK HARSHAW DIRECTOR 1.00 X 0 0 0 BILL HOLLANDER DIRECTOR 1.00 X 0 0 0 CARRYE JONES DIRECTOR 1.00 X 0 0 0 ANDREA KINSER DIRECTOR 1.00 X 0 0 0 KATHY KNOTTS VICE CHAIR 1.00 X X 0 0 0 AARON MILLER DIRECTOR 1.00 X 0 0 0 KATHRYN LUTTNER DIRECTOR 1.00 X 0 0 0 PHYLLIS METCALF-TURNER DIRECTOR 1.00 X 0 0 0 ALLISON STRICKLAND DIRECTOR 1.00 X 0 0 0 CHANDRA GORDON EXECUTIVE DIRECTOR 40.00 X 125811 0 36193 125811 0 36193 1 0 0 0 0 5028494 60862 5028494 680887 680887 851846 630486 221360 221360 221360 5930741 0 0 902247 3899524 3899524 162004 40501 40501 81002 326168 103755 43618 178795 47130 15052 6201 25877 17775 6143 1542 10090 38340 11469 6368 20503 35 35 14500 14500 7575 7575 74036 2423 71613 11385 11385 34365 3050 25862 5453 13744 1472 9640 2632 2358 2358 9619 9619 OTHER FUNDRAISING 54198 54198 DONOR MAILINGS 19933 19933 TRAINING & DEVELOPMENT 15888 3972 3972 7944 4748577 4087361 247214 414002 179704 92600 2306618 2431662 53 17724 18144 50339 36855 7647 13484 7469040 8608156 6154766 6515740 8137368 9434355 24272920 27114141 48641 35326 8137368 9434355 36810 30975 8222819 9500656 X 2428545 3012659 13621556 14600826 16050101 17613485 24272920 27114141 X 1182164 963155 -581935 X 0 1 X 1 0 X 1640995 858240 2033742 5105983 4777494 14416454 1640995 858240 2033742 5105983 4777494 14416454 14416454 280707 353805 436074 643737 563307 2277630 70500 70500 16764584 0.85990 0.84040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 X 9995927 2337945 1374205 734634 12973443 9165541 2000 1203824 375438 9995927 8574764 26000 937632 372855 9165541 10293341 280000 -1362152 636425 8574764 8564224 2368849 639732 10293341 0.51540 0.48460 1 0 50339 36855 13484 13484 BENEFICIAL INTERESTS IN ASSETS 6515740 F 6515740 RESTRICTED INVESTMENTS 9434355 9434355 DUE TO LIBRARY 30975 30975 X 6303956 963155 963155 5340801 589940 589940 5930741 4740572 0 4740572 8005 8005 4748577 PART IV, LINE 2B: ESCROW LIABILITY ARRANGEMENT EXPLANATION THE FOUNDATION HOLDS FUNDS OWNED BY THE LIBRARY ADVISORY COMMISSION, A COMMISSION FORMED BY LOCAL ORDINANCE. THE FOUNDATION HOLDS AND INVESTS THE ASSETS AND DISBURSES THEM WHEN AUTHORIZED BY THE COMMISSION. THE FUNDS ARE REPORTED ON THE BALANCE SHEET AS RESTRICTED INVESTMENTS (ASSETS) AND CUSTODIAL FUND (LIABILITY). PART V, LINE 4: THE LIBRARY FOUNDATION HOLDS FOUR SEPARATE ENDOWMENT FUNDS WITH THE FOLLOWING INTENDED USES: NEW BOOK ENDOWMENT FUND - SUPPORTS THE PURCHASE OF NEW BOOKS AND MATERIALS AT THE LOUISVILLE FREE PUBLIC LIBRARY. CHILDREN'S PROGRAM ENDOWMENT FUND - SUPPORTS CHILDREN'S PROGRAMMING AT THE LOUISVILLE FREE PUBLIC LIBRARY. SCHOLARSHIP ENDOWMENT FUND - FUNDS SCOLARSHIPS FOR STAFF MEMBERS OF THE LOUISVILLE FREE PUBLIC LIBRARY PURSUING A MASTER'S DEGREE IN LIBRARY SCIENCE CRAIG BUTHOD AUTHOR SERIES ENDOWMENT FUND - SUPPORTS THE CRAIG BUTHOD AUTHORS SERIES PROGRAM THAT BRINGS AWARD WINNING AND NEW YORK TIMES BESTSELLING AUTHORS TO LOUISVILLE FOR SPEAKING ENGAGEMENTS AT THE LOUISVILLE FREE PUBLIC LIBRARY. TWO BOARD DESIGNATED ENDOWMENT FUNDS WERE ESTABLISHED UNDER THE FOUNDATION'S BEQUEST POLICY: GRANT ENDOWMENT FUND - TO SUPPORT A RELIABLE SOURCE OF FUNDS FOR ANNUAL SUPPORT TO THE LIBRARY. OPERATING ENDOWMENT FUND - TO SUPPORT A RELIABLE SOURCE OF OPERATING FUNDS FOR THE LIBRARY FOUNDATION. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY. PART XI, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 589,940. PART XII, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 8,005. 1 LOUISVILLE FREE PUBLIC LIBRARY 301 YORK ST LOUISVILLE KY 40203 GOVT 3899524 0 ENHANCE THE PROGRAMS AND SERVICES OF THE LOUISVILLE FREE PUBLIC LIBRARY 0 0 0 0 0 0 0 0 0 CHANDRA GORDON EXECUTIVE DIRECTOR 125811 0 0 0 0 0 19394 0 16799 0 162004 0 0 0 X 9 60462 FAIR MARKET VALUE X 3D PRINTER 1 400 FAIR MARKET VALUE 0 1 0 FORM 990, PART III, LINE A IN FY25, THE LIBRARY FOUNDATION PROVIDED $3.9 MILLION IN DIRECT PROGRAM SUPPORT FOR THE LOUISVILLE FREE PUBLIC LIBRARY (LFPL), WHICH OFFERS FREE, YEAR-ROUND PROGRAMS AND RESOURCES AT 18 LIBRARY LOCATIONS. ONGOING PROGRAMS THAT ARE UNDERWRITTEN, IN PART, BY THE LIBRARY FOUNDATION RANGE FROM EARLY CHILDHOOD EDUCATION PROGRAMS (STORYTIME, 1000 BOOKS BEFORE KINDERGARTEN CHALLENGE, ETC.), TO ACT/SAT PREPARATION FOR TEENS TO ADULT BOOK DISCUSSION GROUPS, AUTHOR EVENTS, SHORT COURSES ON A VARIETY OF TOPICS, IMMIGRANT SERVICES SUCH AS CITIZENSHIP STUDY GROUPS AND ENGLISH CONVERSATION CLUBS, AND WORKFORCE DEVELOPMENT TOOLS AND RESOURCES. WITH THE SUPPORT OF THE LIBRARY FOUNDATION, LFPL OFFERED ANNUAL EVENTS THAT INCLUDED THE HOW-TO FESTIVAL, SUMMER READING, AND THE "BOOKS AND BREWS" ADULT WINTER READING PROGRAM. PATRONS ALSO HAD FREE ACCESS TO COMPUTERS, INTERNET, AND LFPL'S ONLINE RESOURCES THAT INCLUDE EDUCATIONAL PLATFORMS SUCH AS LINKEDIN LEARNING. IN FY25, THE LIBRARY FOUNDATION SUCCESSFULLY GRANTED FUNDS TO LFPL, ALLOWING THEM TO: IMPLEMENT THE 2025 SUMMER READING PROGRAM, WHICH HELPED 37,669 YOUTH TO READ 400,000 BOOKS AND ENGAGE IN 1,600 PROGRAMS PROVIDED BY LIBRARIANS FOR FAMILIES ACROSS THE LFPL SYSTEM. COMPLETE RENOVATIONS AND REOPEN THE PARKLAND AND PORTLAND LIBRARIES. BEGIN CONSTRUCTION AT THE HISTORIC MAIN LIBRARY AND CONTINUE CONSTRUCTION ON THE FERN CREEK LIBRARY. THROUGH ITS ONE LIBRARY, ONE LOUISVILLE CAPITAL CAMPAIGN, THE LIBRARY FOUNDATION PROVIDED OVER $3.1 MILLION TOWARD THESE CAPITAL PROJECTS. GROW THE LIBRARY'S REVOLVING COLLECTION AND EXPAND LFPL'S "FOREVER BOOK" OUTREACH INITIATIVE. A $225,000 ANONYMOUS GIFT PROVIDES 78,000 NEW BOOKS FOR CHILDREN ACROSS 25 LOUISVILLE ZIP CODES. LAUNCH A NEW MOBILE PUPPETRY PROGRAM BASED AT THE NORTHEAST REGIONAL LIBRARY. THIS LITERATURE-BASED INITIATIVE WILL FEATURE ROTATING PUPPET SHOWS AND HANDS-ON STORYTELLING WORKSHOPS AT BRANCHES AND COMMUNITY SPACES ACROSS LOUISVILLE. PURCHASE 50 SENSORY KITS DESIGNED FOR THE NEURODIVERSE YOUTH, OFFERING FAMILIES HANDS-ON, SENSORY-FRIENDLY TOOLS THAT PROMOTE DEVELOPMENT, ENRICHMENT, AND COMFORTABLE EXPLORATION BOTH IN THE LIBRARY AND AT HOME. THE LIBRARY FOUNDATION ALSO CONTINUED ITS COMPREHENSIVE ADVOCACY AND ENGAGEMENT WITH ELECTED OFFICIALS AND LOCAL CITIZENS AND BUSINESS TO EDUCATE AND INFORM THEM ON THE RESOURCES AND MANY FREE SERVICES OFFERED AT THE LFPL. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS THOROUGHLY REVIEWED BY THE STAFF AND THE FINANCE & AUDIT COMMITTEE. IT IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW AND COMMENT BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY ANNUALLY, EACH BOARD MEMBER, COMMITTEE MEMBER AND EMPLOYEE SIGNS A CONFLICT OF INTEREST DISCLOSURE AFFRIMING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY AND HAS READ AND UNDERSTANDS THE POLICY. IF A CONFLICT SHOULD ARISE IT IS BROUGHT TO THE ATTENTION OF THE BOARD CHAIR OR IN CASE OF THE BOARD CHAIR, THE EXECUTIVE COMMITTEE WHO WILL THEN DETERMINE IF ADDITIONAL ACTION IS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR OFFICERS THE EXECUTIVE DIRECTOR ENSURES THAT SALARY RANGES FOR OTHER KEY EMPLOYEES ARE REVIEWED AT LEAST ANNUALLY, THAT ALL INDIVIDUAL JOBS ARE MARKET PRICED PERIODICALLY AND THAT COMPENSATION ADJUSTMENTS FOR STAFF ARE ADMINISTERED IN A FAIR AND EQUITABLE MANNER. ANNUAL COMPENSATION RECOMMENDATIONS WITH THE EXCEPTION OF THE EXECUTIVE DIRECTOR ARE PRESENTED TO THE COMPENSATION COMMITTEE BY THE EXECUTIVE DIRECTOR FOR THEIR KNOWLEDGE AND REVIEW. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, LINE 15A -COMPENSATION PROCESS FOR TOP OFFICIAL THE COMPENSATION COMMITTEE, AN AD HOC COMMITTEE OF THE BOARD OF DIRECTORS OF THE LOUISVILLE FREE PUBLIC LIBRARY FOUNDATION, IS CHARGED WITH ENSURING THAT THE SALARY AND BENEFITS OF THE EXECUTIVE DIRECTOR ARE CONSISTENT, REASONABLE AND EQUITABLE. THIS IS DONE BY REVIEWING MARKET SALARY LEVELS AND BENEFITS IN SIMILAR NONPROFIT ORGANIZATIONS ON AN ANNUAL BASIS AND RECOMMENDING TO THE BOARD OF DIRECTORS, THE SALARY AND SPECIFIC COMPONENTS OF THE TOTAL COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION ALL GOVERNING DOCUMENTS, POLICIES, AND AUDITED FINANCIAL STATEMENTS AS WELL AS THE FORM 1023 FILED WITH THE IRS, ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. FORM 990, PART XI, LINE 9: AGENCY FUNDS - SFAS 136 - EXPENSE INCLUDED ON 990 8,005. AGENCY FUNDS - SFAS 136 - INCOME INCLUDED ON 990 -589,940.