Republic Bank Foundation Inc
Republic Bank Foundation Inc is a private foundation based in Louisville, Kentucky, established to provide philanthropic support to nonprofit organizations. The foundation operates as a 501(c)(3) charitable organization with a focus on strengthening communities through strategic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
-2.1% YoY
Annual Giving
$1.4M
+6.5% YoY
Grant Count
153
-23.5% YoY
Avg Grant Size
$9K
+39.2% YoY
Mission & Focus Areas
The foundation's mission centers on providing funding for scholarships and supporting initiatives that enhance community welfare. Primary funding areas include:
- Education and higher education
- University education
- Religion, particularly Judaism
- Human services
- Family services
- Child welfare
- Philanthropy and grantmaking
Grantmaking
The foundation awards grants through various programs including:
Grant Range
$11 to $266,666
Average Grant
approximately $28 (though individual grants vary significantly)
Grant Types
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple states and cities, including:
States: California, Florida, Illinois, Indiana, Kentucky, Maryland, New York, Ohio, Oregon, Tennessee, and Texas
Cities: Louisville, Chicago, Dallas, and New York, among others
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $7,303,994
- Total Revenue: $1,357,335
- Total Expenses: $1,517,108
- Total Giving: $1,411,775
Historical Context: The foundation has grown significantly since its establishment, with assets previously reported at $7.5 million and annual giving capacity in the $1.3–$1.4 million range.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,303,994 | $7,464,374 | $8,041,622 |
| Revenue | $1,357,335 | $859,868 | $714,169 |
| Expenses | $1,517,108 | $1,430,729 | $1,501,362 |
| Qualifying Distributions | $1,411,834 | $1,328,603 | $1,372,267 |
| Net Investment Income | $1,264,484 | $749,324 | $603,772 |
| Distributable Amount | $594,455 | $564,198 | $617,270 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
152 grants across all recorded years
Open Grants
1 open opportunity from Republic Bank Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Carolle Jones Clay – President
- Steven E Trager – Director
- William Summers – Director
- John Rippy – Secretary
- Kevin Sipes – Treasurer
- Logan Pichel – Director
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Contact Information
Address: 601 W Market Street, Louisville, KY 40202-2745
Phone: (502) 560-8628
EIN: 27-2222303
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Republic Bank Foundation Inc on Grantable?
- Assess strategic fit with your organization
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