Republic Bank Foundation Inc
Republic Bank Foundation Inc is a private foundation based in Louisville, Kentucky. Its 2025 filing reports 139 grants totaling $1,513,218, with most grant dollars going to recipients in Kentucky.
Republic Bank Foundation Inc at a glance
In short: Republic Bank Foundation Inc gave $1.5M across 139 grants in 2025 (avg $11K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,513,218
- +7.2% vs 2024
- Grants made (2025)
- 139
- -9.2% vs 2024
- Average grant
- $10,886
- +18.0% vs 2024
- Median grant
- $2,500
- Total assets
- $7,078,167
- -3.1% vs 2024
- Primary geography
- Kentucky (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Republic Bank Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Republic Bank’s published contribution guidelines describe written requests submitted on its corporate donation request form at least two months before funds are needed. Those guidelines say eligible organizations must have IRS 501(c)(3), 501(c)(4), or 501(c)(19) status, and exclude individuals, political candidates or organizations, controversial organizations, and general operating expenses. They also distinguish advertising requests from charitable contributions. The published form requests organizational and contact information, a description of the organization, and its primary mission.
- Contact
Mailing address: 601 West Market Street, Louisville, KY 40202-2745
Phone: (502) 560-8628
Website: https://republicbank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Republic Bank Foundation Inc
Who Republic Bank Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Louisville ($277K across 2 grants). Together the top 10 received $952K.
Grant Size Distribution
494 grants across all recorded years
The most common grant size was under $50K: 477 grants of 494 (97%).
Geographic Focus
Where this funder awards grants
Republic Bank’s contribution guidelines describe support for nonprofit organizations based in Kentucky, Indiana, Ohio, Tennessee, and Florida that serve needs and benefit people within the bank’s service area. In 2025, 98% of the foundation’s grant dollars went to Kentucky recipients; the filing reports 1% each for Indiana, Florida, and Virginia, and 0% for Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 139 itemized grants.
States
Cities
How Republic Bank Foundation Inc gives
- 64% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 262% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $974K (2021) to $1.5M (2025). In 2025 it made 139 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Louisville Louisville, KY | Republic Bank Foundation charitable agreement (payment 6 of 8) | $266,666 |
| JCTC Foundation Louisville, KY | Jefferson Rising Campus Transformation Project (Payment 1 of 5) | $200,000 |
| Hosparus Health Louisville, KY | Hospice Care Center Campaign + Celebration of Compassion (payment 1 of 4) | $125,000 |
| Jewish Community of Louisville Louisville, KY | United Jewish Campaign | $60,000 |
| Metro United Way Louisville, KY | Corporate gift 2024 | $50,000 |
| Metro United Way Louisville, KY | 2025 Campaign | $50,000 |
| Fund for the Arts Louisville, KY | Performance Village at St. James Court Art Show | $45,000 |
| Thomas More University Crestview Hills, KY | Thomas More Second Century Campaign (payment 3 of 5) | $40,000 |
| Leadership Louisville Center Louisville, KY | Leadership Louisville Program Sponsorship | $25,000 |
| NKU Foundation Highland Heights, KY | Adult and Transfer Center | $25,000 |
Ready to take the next step with Republic Bank Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,078,167 | $1,439,600 | $1,637,529 | $1,513,218 | 139 | $1,515,733 | $1,339,027 | $579,504 |
| 2024 | $7,303,994 | $1,357,335 | $1,517,108 | $1,411,775 | 153 | $1,411,834 | $1,264,484 | $594,455 |
| 2023 | $7,464,374 | $859,868 | $1,430,729 | $1,325,798 | 200 | $1,328,603 | $749,324 | $564,198 |
| 2022 | $8,041,622 | $714,169 | $1,501,362 | $1,357,908 | 1 | $1,372,267 | $603,772 | $617,270 |
| 2021 | $8,850,689 | $1,293,907 | $1,103,149 | $973,819 | 1 | $975,726 | $1,184,474 | $679,306 |
| 2020 | $8,657,263 | $902,935 | $1,408,930 | $1,321,963 | 85 | — | $826,598 | $590,434 |
Under IRS private-foundation payout rules, Republic Bank Foundation Inc reported a distributable amount of $580K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s own stated mission is not provided. Republic Bank’s contribution guidelines list education and youth programs, family and community welfare, civic projects, healthcare and human services, performing arts and cultural activities, and recreation and preservation programs.
Its 2025 grantees illustrate the range of supported organizations. The Jewish Community of Louisville describes its mission as building and sustaining a vibrant, caring, inclusive community rooted in Jewish values. Metro United Way says its mission is to improve lives and the community by engaging people to give, advocate, and volunteer. Fund for the Arts describes a vision of a healthy, vibrant community where everyone belongs and says its mission is to contribute to the community’s overall health. Thomas More University describes itself as a Catholic liberal arts university that challenges students to consider their place in the world and responsibility to others. Simmons College of Kentucky says it provides biblical higher education in an urban context to help students become productive citizens and agents of change. Children’s Home of Northern Kentucky describes itself as a trauma-informed healthcare organization focused on holistic partnerships for health and wellness.
Grantmaking
In 2025, the foundation reported 139 grants totaling $1,513,218. Grant amounts ranged from $25 to $266,666, with a median of $2,500.
The largest reported grants included $266,666 to the University of Louisville for payment 6 of 8 under a charitable agreement; $200,000 to JCTC Foundation for the Jefferson Rising Campus Transformation Project; and $125,000 to Hosparus Health for its Hospice Care Center Campaign and Celebration of Compassion. Other notable awards included $60,000 to the Jewish Community of Louisville, two $50,000 grants to Metro United Way, and $45,000 to Fund for the Arts.
Leadership & Key People
Officers and directors from IRS filings
Republic Bank Foundation Inc is led by Carolle Jones Clay, President on every filing since 2020; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carolle Jones Clay
President
On filings since 2020
1 hr/week
No compensation reported
Steven E. Trager
Director
On filings since 2020
1 hr/week
No compensation reported
William Summers
Director
On filings since 2020
1 hr/week
No compensation reported
Logan Pichel
Director
On filings since 2023
1 hr/week
No compensation reported
Kevin Sipes
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Andrew Trager-Kusman
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: John Rippy (2020–2024) — Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Republic Bank Foundation Inc
How much does Republic Bank Foundation Inc give each year?
Republic Bank Foundation Inc gave $1.5M across 139 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.4M across 153 grants.
What is Republic Bank Foundation Inc's typical grant size?
Republic Bank Foundation Inc's median grant in 2025 was $2,500, and its average grant was $10,886, across 139 grants on its 2025 IRS Form 990-PF.
Where does Republic Bank Foundation Inc give grants?
Republic Bank Foundation Inc gives mostly in Kentucky: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (97 grants), Dallas, TX (6 grants), Covington, KY (5 grants) and Crestwood, KY (3 grants).
Does Republic Bank Foundation Inc give general operating support?
Not in 2025: none of the 139 grants with a stated purpose on Republic Bank Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Matching gift" (63 grants) and "Matching gifts" (6 grants).
Who are Republic Bank Foundation Inc's largest grantees?
Republic Bank Foundation Inc's largest 2025 grantees include University of Louisville ($276,666 across 2 grants), JCTC Foundation ($205,000 across 2 grants) and Hosparus Health ($125,060 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.
How large is Republic Bank Foundation Inc?
Republic Bank Foundation Inc reported $7.1M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $580K (roughly 5% of its investment assets).
What does Republic Bank Foundation Inc fund?
The foundation’s own stated mission is not provided. Republic Bank’s contribution guidelines list education and youth programs, family and community welfare, civic projects, healthcare and human services, performing arts and cultural activities, and recreation and preservation programs. See mission & focus areas ↑
How do I apply for a grant from Republic Bank Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Republic Bank Foundation Inc's EIN?
Republic Bank Foundation Inc's EIN (Employer Identification Number) is 27-2222303. IRS Form 990 filing data is available on this page for 2020–2025.
Does Republic Bank Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Republic Bank Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Republic Bank Foundation Inc funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/republic-bank-foundation-inc-morg_a0e90b1bfaf64629aa402605a43798fd
BibTeX
@misc{grantable_272222303_2026,
author = {{Grantable}},
title = {{Republic Bank Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/republic-bank-foundation-inc-morg_a0e90b1bfaf64629aa402605a43798fd},
note = {Accessed 2026-10-09. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Republic Bank Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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