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Nonprofit · EIN 31-0997017

THE COMMUNITY FOUNDATION OF LOUISVILLE INC

Tax-exempt · LOUISVILLE, KY 40202

Financials

$143.7M$122.3M2022$90.1M$60.9M2023$99.1M$66.1M2024
Revenue Expenses · by fiscal year end
Financials of THE COMMUNITY FOUNDATION OF LOUISVILLE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$99,113,120$66,146,281$32,966,839$766,878,624$31,433,334$735,445,290
June 30, 2024990$90,144,485$60,861,518$29,282,967$699,480,025$28,616,105$670,863,920
June 30, 2023990$143,692,154$122,313,109$21,379,045$642,554,528$29,565,860$612,988,668
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$52,400,050
Program service revenue
$2,075,413
Investment income
$44,637,657
Net gain from sales of assets
$25,230,900
Other revenue
$0

Expenses

Grants and similar amounts paid
$57,573,751
Compensation of officers, directors and key employees
$1,698,811
Other salaries and wages
$2,545,488
Salaries, compensation and benefits (total)
$4,929,727
Professional fundraising fees
$0
Legal fees
$19,288
Accounting fees
$62,613
Occupancy
$311,631
Travel
$43,877
Depreciation
$81,637
Program services (functional)
$59,361,012
Management and general (functional)
$5,008,836
Fundraising (functional)
$1,776,433

Balance sheet and other

Total assets, start of year
$699,480,025
Total assets, end of year
$766,878,624
Total liabilities, end of year
$31,433,334
Net assets, end of year
$735,445,290
Land, buildings and equipment
$312,537
Publicly traded securities
$578,637,207
Net assets without donor restrictions
$442,939,695
Net assets with donor restrictions
$292,505,595
Gross unrelated business income
$99
Gross receipts
$631,139,522
Employees
53
Volunteers
49
Year formed
1984
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RONALD GALLOPRESIDENT & CEO
Officer
40$373,838$11,322
MATTHEW L BACONCOO & CFO
Officer
40$277,634$14,690
ALYSSA MANNINGPRESIDENT OF FELIX E. MARTIN JR. FDN
Key employee
0$168,627$13,358
HEATHER CASHCHIEF PHILANTHROPY OFFICER
Officer
40$153,593$13,526
RAMONA DALLUMSENIOR VP, COMM LEADER, TO 05/25
Officer
40$151,982$13,546
VALERIE SICKLESCHIEF MARKETING OFFICER
Officer
40$141,956$12,883
ANNE MCKUNEVP, ADVANCEMENT
Officer
40$131,345$12,911
THOMAS REYNOLDSCONTROLLER
Highest-paid employee
40$106,867$11,743
ELIZABETH FUSTBOARD CHAIR
Trustee or director, Officer
2$0$0
LOPA MEHROTRABOARD VICE CHAIR
Trustee or director, Officer
2$0$0
MICHAEL W GOUGHBOARD TREASURER
Trustee or director, Officer
2$0$0
DANA JACKSONBOARD SECRETARY
Trustee or director, Officer
2$0$0
DEBORAH B WILLIAMSDIRECTOR, TO 09/24
Trustee or director
1$0$0
DAVID CALZIDIRECTOR, TO 11/24
Trustee or director
1$0$0
CURT SCOTTDIRECTOR
Trustee or director
1$0$0
19 more people on this return
NameTitleHours / weekCompensation
BETH S PEABODYDIRECTOR
Trustee or director
1$0
SUSAN ZEPEDADIRECTOR
Trustee or director
1$0
ELIZABETH ROUNSAVALLDIRECTOR
Trustee or director
1$0
STEPHEN KERTISDIRECTOR
Trustee or director
1$0
THEODORE NIXONDIRECTOR
Trustee or director
1$0
CARL L WILLIAMSDIRECTOR
Trustee or director
1$0
MOSES ICYISHAKADIRECTOR
Trustee or director
1$0
SUMMER AUERBACHDIRECTOR
Trustee or director
1$0
ARMON PERRYDIRECTOR
Trustee or director
1$0
KRIS SIRCHIODIRECTOR
Trustee or director
1$0
KARINA BARILLASDIRECTOR
Trustee or director
1$0
TERRIAN BARNESDIRECTOR
Trustee or director
1$0
AMBER HALLORANDIRECTOR, TO 01/25
Trustee or director
1$0
FRANKIE JONESDIRECTOR
Trustee or director
1$0
VALLE JONESDIRECTOR
Trustee or director
1$0
BUTCH MOSBYDIRECTOR
Trustee or director
1$0
TENDAI CHARASIKADIRECTOR
Trustee or director
1$0
MELANIE MCCOYDIRECTOR
Trustee or director
1$0
CARLOS HERNANDEZ OCAMPODIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 37 people
NameTitleHours / weekCompensationOther / benefits
RONALD GALLOPRESIDENT & CEO
Officer
40$343,699$10,876
MATTHEW L BACONCOO & CFO
Officer
40$222,240$18,989
ALYSSA MANNINGPRESIDENT OF FELIX E. MARTIN JR. FOUNDATION INC.
Key employee
0$159,931$16,901
HEATHER CASHSENIOR VP, PHILANTHROPIC SERVICES
Officer
40$144,135$22,407
RAMONA DALLUMSENIOR VP, COMMUNITY LEADERSHIP
Officer
40$132,417$22,164
MARY GRISSOMVP, COMMUNITY INVESTMENT, THRU 02/24
Officer
40$128,944$22,495
VALERIE SICKLESVP, MARKETING & COMMUNICATIONS
Officer
40$128,655$13,688
ANNE MCKUNEVP, ADVANCEMENT
Officer
40$118,796$21,264
ELIZABETH FUSTBOARD CHAIR, FROM 09/23
Trustee or director, Officer
2$0$0
DAVID TACHAUBOARD CHAIR, THRU 09/23
Trustee or director, Officer
2$0$0
LOPA MEHROTRABOARD VICE CHAIR, FROM 09/23
Trustee or director, Officer
2$0$0
MICHAEL W GOUGHBOARD TREASURER
Trustee or director, Officer
2$0$0
DANA JACKSONBOARD SECRETARY, FROM 09/23
Trustee or director, Officer
2$0$0
ALEJANDRO ALVAREZDIRECTOR, THRU 11/23
Trustee or director
1$0$0
SUMMER AUERBACHDIRECTOR
Trustee or director
1$0$0
KARINA BARILLASDIRECTOR, FROM 09/23
Trustee or director
1$0$0
TERRIAN BARNESDIRECTOR, FROM 09/23
Trustee or director
1$0$0
STEPHANIE BATEMANDIRECTOR, THRU 09/23
Trustee or director
1$0$0
ELLEN CALLDIRECTOR, THRU 02/24
Trustee or director
1$0$0
DAVID CALZIDIRECTOR
Trustee or director
1$0$0
JOSE NEIL DONISDIRECTOR, THRU 09/23
Trustee or director
1$0$0
ANGIE EVANSDIRECTOR, THRU 09/23
Trustee or director
1$0$0
AMBER HALLORANDIRECTOR, FROM 09/23
Trustee or director
1$0$0
MOSES ICYISHAKADIRECTOR
Trustee or director
1$0$0
FRANKIE JONESDIRECTOR, FROM 09/23
Trustee or director
1$0$0
VALLE JONESDIRECTOR, FROM 09/23
Trustee or director
1$0$0
STEPHEN KERTISDIRECTOR
Trustee or director
1$0$0
BUTCH MOSBYDIRECTOR, FROM 09/23
Trustee or director
1$0$0
THEODORE NIXONDIRECTOR
Trustee or director
1$0$0
BETH S PEABODYDIRECTOR
Trustee or director
1$0$0
ARMON PERRYDIRECTOR
Trustee or director
1$0$0
ELIZABETH ROUNSAVALLDIRECTOR
Trustee or director
1$0$0
CURT SCOTTDIRECTOR
Trustee or director
1$0$0
KRIS SIRCHIODIRECTOR
Trustee or director
1$0$0
CARL L WILLIAMSDIRECTOR
Trustee or director
1$0$0
DEBORAH B WILLIAMSDIRECTOR, FROM 09/23
Trustee or director
2$0$0
SUSAN ZEPEDADIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 36 people
NameTitleHours / weekCompensationOther / benefits
RONALD GALLOPRESIDENT & CEO
Officer
40$311,423$9,223
MATTHEW L BACONEXECUTIVE VP & CFO
Officer
40$199,939$18,779
ALYSSA MANNINGPRESIDENT OF FELIX E. MARTIN JR. FOUNDATION
Highest-paid employee
0$142,174$11,836
HEATHER CASHSENIOR VP, PHILANTHROPIC SERVICES
Officer
40$136,257$13,866
RAMONA DALLUMVP, COMMUNITY ENGAGEMENT
Officer
40$116,167$16,192
MARY GRISSOMVP, COMMUNITY INVESTMENT
Officer
40$100,679$16,189
VALERIE SICKLESVP , COMMUNICATIONS & MARKETING
Officer
40$100,076$8,334
ANNE MCKUNEVP, ADVANCEMENT
Officer
40$92,341$15,160
ANGIE EVANSDIRECTOR
Trustee or director
1$0$0
STEPHANIE BATEMANDIRECTOR
Trustee or director
1$0$0
DAVID CALZIDIRECTOR
Trustee or director
1$0$0
CURT SCOTTDIRECTOR
Trustee or director
1$0$0
LOPA MEHROTRADIRECTOR
Trustee or director
1$0$0
BETH S PEABODYDIRECTOR
Trustee or director
1$0$0
SUSAN ZEPEDADIRECTOR
Trustee or director
1$0$0
ELIZABETH ROUNSAVALLDIRECTOR
Trustee or director
1$0$0
STEPHEN KERTISDIRECTOR
Trustee or director
1$0$0
THEODORE NIXONDIRECTOR
Trustee or director
1$0$0
CARL L WILLIAMSDIRECTOR
Trustee or director
1$0$0
ALEJANDRO ALVAREZDIRECTOR
Trustee or director
1$0$0
MOSES ICYISHAKADIRECTOR
Trustee or director
1$0$0
SUMMER AUERBACHDIRECTOR
Trustee or director
1$0$0
ARMON PERRYDIRECTOR
Trustee or director
1$0$0
JOSE NEIL DONISDIRECTOR
Trustee or director
1$0$0
DANA JACKSONDIRECTOR
Trustee or director
1$0$0
KRIS SIRCHIODIRECTOR
Trustee or director
1$0$0
ELLEN CALLDIRECTOR
Trustee or director
1$0$0
JERRY ABRAMSONDIRECTOR (ENDED 6/23)
Trustee or director
1$0$0
AUDREY D KLINEDIRECTOR (ENDED 7/22)
Trustee or director
1$0$0
GWEN KELLYDIRECTOR (ENDED 9/22)
Trustee or director
1$0$0
WILLIAM G STRENCHDIRECTOR (ENDED 9/22)
Trustee or director
1$0$0
JASON ZACHARIAHDIRECTOR (ENDED 8/22)
Trustee or director
1$0$0
DAVID TACHAUBOARD CHAIR
Trustee or director, Officer
2$0$0
ELIZABETH FUSTBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
MICHAEL W GOUGHBOARD TREASURER
Trustee or director, Officer
2$0$0
DEBORAH B WILLIAMSBOARD SECRETARY
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
325 W MAIN ST STE 1110, LOUISVILLE, KY 40202-4251
Principal officer (990 for 2024)
RONALD GALLO, 325 W MAIN ST 1110, LOUISVILLE, KY 40202
Signed the 990
MATTHEW L BACON, COO & CFO
Phone
(502) 585-4649
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • DISTRIBUTE CONTRIBUTIONS AND GRANTS TO 501(C)(3) ORGANIZATIONS CLASSIFIED AS 509(A).
    Expenses $59,361,012 · grants $57,573,751 · revenue $2,075,413

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-0997017
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$766,878,624
Income (IRS master file)
$631,139,522

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$99,113,120$66,146,281$766,878,624IRS
990-TJune 2025–––IRS
990June 2024$90,144,485$60,861,518$699,480,025IRS
990-TJune 2024–––IRS
990June 2023$143,692,154$122,313,109$642,554,528XML
990-TJune 2023–––IRS
990June 2022$100,491,799$49,879,474$629,099,146IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0997017).

Questions about THE COMMUNITY FOUNDATION OF LOUISVILLE INC

What is the EIN of THE COMMUNITY FOUNDATION OF LOUISVILLE INC?
The employer identification number (EIN) of THE COMMUNITY FOUNDATION OF LOUISVILLE INC is 31-0997017.
Is THE COMMUNITY FOUNDATION OF LOUISVILLE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to THE COMMUNITY FOUNDATION OF LOUISVILLE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE COMMUNITY FOUNDATION OF LOUISVILLE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE COMMUNITY FOUNDATION OF LOUISVILLE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE COMMUNITY FOUNDATION OF LOUISVILLE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE COMMUNITY FOUNDATION OF LOUISVILLE INC?
The 990 for the year ended June 30, 2025 names RONALD GALLO.
Who are the officers and directors of THE COMMUNITY FOUNDATION OF LOUISVILLE INC?
The 990 for the year ended June 30, 2025 lists 34 people; 8 received compensation from the organization, the highest $373,838 (RONALD GALLO, PRESIDENT & CEO).
How much revenue does THE COMMUNITY FOUNDATION OF LOUISVILLE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $99,113,120, expenses of $66,146,281 and total assets of $766,878,624 at year end.

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