Lg&e and Ku Foundation Inc

LOUISVILLE, KY EIN: 61-1257368

The LG&E and KU Foundation is a private grantmaking foundation established in 1994 as the charitable arm of Louisville Gas and Electric Company and Kentucky Utilities Company, subsidiaries of PPL Corporation. Based in Louisville, Kentucky, the foundation is committed to investing in the communities served by its parent utility companies through philanthropic support of nonprofit organizations addressing critical community needs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.7M

-12.4% YoY

Annual Giving

$4.1M

-9.7% YoY

Grant Count

491

+49000.0% YoY

Avg Grant Size

$8K

-99.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports programs designed to promote:

  • Education — Educational programs within public elementary, middle, and secondary schools and public and private post-secondary schools, with special emphasis on math, science, and technology
  • Environment — Programs designed to promote environmental excellence and economic growth, including the signature Plant for the Planet environmental grant program
  • Health and Human Services — Programs designed to better the health and welfare of society
  • Diversity — Programs that embrace and encourage the inclusion of diverse backgrounds, experiences, and perspectives
  • Economic Development — Organizations that empower business and growth in communities served, with priority given to initiatives for low-income and underserved communities

Grantmaking

Community Grant applications are accepted twice annually in February and October. Award notifications are sent approximately two months after each application period. Event Sponsorship applications are also available in February and October.

Grant Range

$100–$5,735,154

Average Grant

amount: $3,408 (general operating support)

Grant Types

**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation funds organizations in:

  • Louisville and 16 surrounding counties in Kentucky
  • Five counties in Virginia
  • Parts of Indiana
  • Nearly all 120 counties across Kentucky

The service territory of the parent utility companies encompasses approximately 1.3 million customers.

Grant Distribution by State

15states
+7 more states

Cities

AbingdonAdairsvilleAnn ArborAshlandBardstownBedfordBeltonBereaBig Stone GapBowling GreenBrandenburgBucknerBurginBurkesvilleCampbellsvilleCarrolltonCincinnatiColumbiaCrestwoodCurwensville

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $24,747,920
  • Total Giving: $4,051,712–$4,060,762
  • Total Revenue: $630,541
  • Total Expenses: $4,138,595
  • Total Liabilities: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
Total Assets$24,747,920$28,255,974$31,842,793
Revenue$630,541$969,404$53,339
Expenses$4,138,595$4,561,973$5,841,313
Qualifying Distributions$4,060,762$4,484,643$5,735,154
Net Investment Income$674,899$896,669$629,429
Distributable Amount$1,361,676$1,364,727$1,641,653

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M1 grants20201 grants20211 grants20221 grants2023491 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ASSOCIATION OF COMMUNITY…$749KKENTUCKY DERBY FESTIVAL …$178KENERGY CONSERVATION ASSO…$120KLINCOLN FOUNDATION$40KWINTERCARE ENERGY FUND INC$17KCOMMUNITY WINTERHELP INC$12KCATHOLIC EDUCATION FOUND…$10KTHE NEST - CENTER FOR WO…$10KSOUTH LOUISVILLE COMMUNI…$8KGIRL SCOUTS OF KENTUCKYS…$6K

Grant Size Distribution

54 grants across all recorded years

47<$50K$50–100K2$100–250K$250–500K1$500K–1M2$1–5M2$5M+

Open Grants

3 open opportunities from Lg&e and Ku Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Mary C Whelan — President (3 hours/week)
  • Tadd J Henninger — Senior Vice President & Treasurer (0.5 hours/week)
  • Christopher M Garrett — Vice President - Finance & Accounting (0.5 hours/week)
  • Vanessa D Hartline — Assistant Treasurer (0.5 hours/week)
  • John P Fendig — Corporate Secretary (0.5 hours/week)
  • Deborah C Gregor — Assistant Corporate Secretary (0.5 hours/week)
  • David K Arthur — Director (0.5 hours/week)
  • John R Crockett III — Director (0.5 hours/week)
  • Heather D Metts — Director (0.5 hours/week)
  • Shannon L Montgomery — Director (0.5 hours/week)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID K ARTHURDIRECTOR0.5
JOHN R CROCKETT IIIDIRECTOR0.5
HEATHER D METTSDIRECTOR0.5
SHANNON L MONTGOMERYDIRECTOR0.5
MARY C WHELANPRESIDENT3
CHRISTOPHER M GARRETTVICE PRESIDENT - FINANCE & ACCOUNTING0.5
TADD J HENNINGERSENIOR VICE PRESIDENT & TREASURER0.5
VANESSA D HARTLINEASSISTANT TREASURER0.5
JOHN P FENDIGCORPORATE SECRETARY0.5
DEBORAH C GREGORASSISTANT CORPORATE SECRETARY0.5

Recent News & Activity

Recent developments and announcements

2024

The LG&E and KU employee-led charitable giving campaign, known as the Power of One, raised nearly $2 million in 2024 for more than 50 area nonprofit organizations. Since its inception in 2005, the Power of One campaign has contributed more than $35 million to support critical community programs and services across Kentucky, Virginia, and Indiana.

The LG&E and KU Foundation: powering community impact | LG&E and KU
2024

**2024 Grant Highlights:**

Recent grantees demonstrate the foundation's impact across its focus areas:

Kentucky Shakespeare — supporting free live theater experiences

Hardin County Habitat for Humanity — home construction projects

Creasey Mahan Nature Preserve — natural space restoration

CASA — supporting abused and neglected children through the CASA Superhero Run

CAFCA Cares and Central Louisville Community Ministries — utility bill assistance and vital resources for families in need

Adelante Hispanic Achievers — student success programs

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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