Louisville Association for Communit
The louisville association for community economics (LACE) is a non-profit developer committed to fostering an ecosystem of cooperative social enterprises built on racial and economic equity.
Louisville Association for Communit at a glance
In short: Louisville Association for Communit gave $1.0M across 2 grants in 2024 (avg $505K), mostly in Kentucky. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,010,546
- Grants made (2024)
- 2
- Average grant
- $505,273
- Median grant
- $505,273
- Primary geography
- Kentucky (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Louisville Association for Communit funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Rebound Inc ($1.0M). Together the top 2 received $1.0M.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Louisville Association for Communit gives
- Giving grew 459% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $181K (2021) to $1.0M (2024). In 2024 it made 2 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rebound Inc Louisville, KY | Support of Mission | $1,001,805 |
| Conference Scholarships | — | $8,741 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | — | $9,278 | $1,290,205 | $1,010,546 | 2 | $7,005 |
| 2023 | $1,362,768 | $205,750 | $428,110 | — | — | $16,467 |
| 2022 | $1,489,946 | $1,168,244 | $376,631 | — | — | $1,399 |
| 2021 | $698,815 | $879,173 | $294,214 | $180,674 | 1 | $975 |
| 2020 | $87,744 | $103,895 | $36,813 | — | — | — |
About Louisville Association for Communit
Based on IRS filings
Louisville Association for Communit is a public charity focused on Community Improvement & Capacity Building, based in Louisville, KY. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $1.0M. Net investment income was $7K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Louisville Association for Communit is led by Theresa Men, President since 2023 (on filings since 2022); 1 of 5 officers listed in 2024 is compensated.
Officers on the 2024 filing
Theresa Men
President
Vice President → President, 2023
On filings since 2022
2 hrs/week
No compensation reported
Tiffany Brown
Executive Di
Co-Interim Executive Director → Executive Di, 2024
On filings since 2022
40 hrs/week
$59K (2022) → $105K (2024)
Clara Nunez
Treasurer
Vice President → Treasurer, 2022
On filings since 2021
2 hrs/week
No compensation reported
Lisa Markowitz
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Joseph Fraizer
Board Member
On filings since 2022
2 hrs/week
No compensation reported
Former officers (14)
- Former: Nathan Hernandez (2021–2022) — President
- Former: Joseph Bowens (2022) — Co-Interim Executive Director
- Former: Sharlis Montgomery (2022) — Board Member
- Former: DeNita Wright (2021) — Director Board Member
- Former: Randall Webber (2021) — President Interim
- Former: Brown Andrea (2020) — Board Member
- Former: Buckner LuTisha (2020) — Board Member
- Former: Elliott James (2020) — Board Member
- Former: Fields Aletha (2020) — Secretary
- Former: Hernandez Nathan (2020) — Treasurer
- Former: Herron Cassia (2020) — President
- Former: Markowitz Lisa (2020) — Board Member & Secretary
- Former: Nunez Clara (2020) — Board Member
- Former: Webber Randall (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $105K, to Tiffany Brown (Executive Di).
Frequently asked questions about Louisville Association for Communit
How much does Louisville Association for Communit give each year?
Louisville Association for Communit gave $1.0M across 2 grants in 2024, according to its 2024 IRS Form 990.
What is Louisville Association for Communit?
Louisville Association for Communit is a public charity focused on Community Improvement & Capacity Building, based in Louisville, KY.
Where does Louisville Association for Communit operate?
Louisville Association for Communit has awarded grants in Kentucky.
What is Louisville Association for Communit's EIN?
Louisville Association for Communit's EIN (Employer Identification Number) is 82-1927610. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS April 7, 2022)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 24, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Louisville Association for Communit funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
- Hancock Whitney Opportunity Grant (Hancock Whitney Community Reinvestment Act Program) Up to US $25,000 · Due October 30, 2026
Explore Open Grants
Browse active grant opportunities in Louisville Association for Communit's focus areas in our free grants database
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Louisville Association for Communit down — hundreds of funders to go?