Louisville Regional Airlift Development Inc

LOUISVILLE, KY EIN: 82-1630163

OUR MISSION IS TO DEVELOP NEW NONSTOP AIR SERVICE ROUTES FROM LOUISVILLE INTERNATIONAL AIRPORT TO IMPORTANT DOMESTIC AND INTERNATIONAL DESTINATIONS OVER A MULTI-YEAR PERIOD TO BENEFIT THE ENTIRE REGION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$547K

-32.9% YoY

Annual Giving

$425K

-61.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$213K

-61.9% YoY

About Louisville Regional Airlift Development Inc

Based on IRS filings

Louisville Regional Airlift Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $547K in total assets. In 2024, it awarded 2 grants totaling $425K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

Ft WorthSalt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$307K$615K$922K$1M20202021202220232024
Metric202420232022
Total Assets$546,823$815,108$1,275,147
Revenue$162,275$657,944$250,000
Expenses$430,560$1,117,689$251,604
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$279K$559K$838K$1M0 grants20200 grants20211 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

AMERICAN AIRLINES$365KBREEZE AIRWAYS$60K

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SANDRA FRAZIERBOARD CHAIR1
ED GLASSCOCKVICE CHAIRMAN1
MICHAEL MOUNTJOYSECRETARY/TREASURER1

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.

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