The Community Foundation of Louisville Corporate Depository Inc logo

The Community Foundation of Louisville Corporate Depository Inc

Public charity · Grantmaker Louisville, KY EIN: 61-1100993 Website

The Community Foundation of Louisville Corporate Depository Inc is a public charity based in Louisville, Kentucky. It distributes grants and contributions to qualifying 501(c)(3) organizations and, in its ordinary business, fiscally sponsors charitable projects in the Louisville Metro area. Its 2024 filing reported one fiscally sponsored project as of June 30, 2025.

Key facts about The Community Foundation of Louisville Corporate Depository Inc

In short: The Community Foundation of Louisville Corporate Depository Inc gave $4.3M across 128 grants in 2025 (avg $34K), mostly in Kentucky. 15% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
61-1100993
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$4,299,915
Grants made (2025)
128
Average grant
$33,593
Median grant
$12,000
New grantees (estimate)
15% first-time grantees (19 of 128, 2025)
Total assets
$3,316,860
Primary geography
Kentucky (84% of itemized 2025 grant dollars)
How to apply
The foundation describes its grant programs as using an open application and review process. Full details ↓

Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$3.3M

-36.8% YoY

Annual Giving

$4.3M

-16.9% YoY

Grant Count

128

-5.2% YoY

Avg Grant Size

$34K

-12.4% YoY

Is The Community Foundation of Louisville Corporate Depository Inc open to new grantees?

15%

first-time grantees, 2025

In 2025, 19 of 128 grantees (15%) were first-time recipients. First grants averaged $35K; repeat grants $33K. How we count

Medians: $10K first-time, $13K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving fell 52% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The organization’s stated mission is to mobilize people, networks, and capital to spark meaningful change in and beyond Louisville. Its filing describes grant distribution to qualifying 501(c)(3) organizations and fiscal sponsorship of charitable projects in the Louisville Metro area.

The 2025 grants went to organizations working in areas including human services, children’s and youth services, education, health, housing, and philanthropy. For example, Harbor House of Louisville says its mission is to empower people with disabilities and their families through employment, education, and community-building opportunities. The Catholic Education Foundation says it primarily provides tuition assistance to families unable to afford the full cost of Catholic elementary school tuition in Central Kentucky. Home of the Innocents describes its work as enriching the lives of children and families with hope, health, and happiness.

Grantmaking

In filing year 2025, the organization reported 128 grants totaling $4,299,915. Grant amounts ranged from $5,157 to $720,515, with a median grant of $12,000.

Among the largest reported grants were $720,515 to Community Foundation of Louisville Inc. for philanthropy, voluntarism, and grantmaking; $400,000 to State University of Iowa Foundation for single-organization support; $343,826 to Harbor House of Louisville for human services; $135,000 to St Joseph Children’s Home; and $127,500 to Catholic Education Foundation for scholarships and student financial aid. Other large recipients included University of Louisville Foundation Inc. ($106,000), St Vincent de Paul Society Council of Louisville ($101,500), Home of the Innocents ($101,100), Freedom Lake Inc. ($75,000), Louisville Dental Society ($75,000), University of Kentucky ($67,500), and Bracken County Health Department ($66,000).

The foundation’s website describes grant programs as using an open application and review process. Listed opportunities include the Vogt Invention and Innovation Awards, Green River Area Community Foundation grants, and the Charles and Jack Fund for LGBTQ+ Advancement. The Vogt program’s listed September 30, 2026 deadline has passed. The foundation’s grant-opportunities page says the Green River Area Community Foundation Needs Survey application is closed. For the Charles and Jack Fund, the website says the application is closed, while a program listing describes the opportunity as currently open.

How to Apply

The foundation describes its grant programs as using an open application and review process. Eligibility and application details vary by program.

Open Grants

5 open opportunities from The Community Foundation of Louisville Corporate Depository Inc

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Geographic Focus

Where this funder awards grants

The organization is based in Louisville, Kentucky. In 2025, 84% of its grant dollars went to recipients in Kentucky, 9% to Iowa, 2% to Illinois, and 1% each to Florida and North Carolina. The foundation’s website describes funding opportunities serving Louisville and, through the Green River Area Community Foundation, Daviess, Hancock, McLean, Ohio, Union, and Webster counties in Kentucky.

Grant Distribution by State

24states

Share of 2025 grant dollars across all 128 itemized grants.

Cities

LouisvilleLexingtonOwensboroBowling GreenFrankfortBardstownFlorenceCrestwoodHopkinsvilleLa GrangeAlexandriaElizabethtownChicagoDenverFort LauderdaleProspectCincinnatiDanvilleElkhartLebanon

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M426 grants2020 154 grants2021 167 grants2022 183 grants2023 135 grants2024 128 grants2025

From 2020 to 2025, annual grant giving ranged from $4.3M (2025) to $18.6M (2020). In 2025 it made 128 grants totaling $4.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Community Foundation of Louisville Inc: $721KCommunity Foundation ofLouisville Inc$721KState University of Iowa Foundation: $400KState University of IowaFoundation$400KHarbor House of Louisville: $344KHarbor House of Louisville$344KSt Joseph Children's Home: $135KSt Joseph Children's Home$135KCatholic Education Foundation: $128KCatholic Education Foundation$128KUniversity of Louisville Foundation Inc: $106KUniversity of LouisvilleFoundation Inc$106KSt Vincent De Paul Society Council of Louisville: $102KSt Vincent De Paul SocietyCouncil of Louisville$102KHome of the Innocents: $101KHome of the Innocents$101KFreedom Lake Inc: $75KFreedom Lake Inc$75KLouisville Dental Society: $75KLouisville Dental Society$75K

The largest 2025 recipient was Community Foundation of Louisville Inc ($721K). Together the top 10 received $2.2M.

Grant Size Distribution

767 grants across all recorded years

616<$50K79$50–100K41$100–250K21$250–500K8$500K–1M1$1–5M1$5M+

The most common grant size was under $50K: 616 grants of 767 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Foundation of Louisville Inc Louisville, KYT Philanthropy Voluntarism and Grantmaking$720,515
State University of Iowa Foundation Iowa City, IAB11 Single Organization Support$400,000
Harbor House of Louisville Louisville, KYP20 Human Service Organizations$343,826
St Joseph Children's Home Louisville, KYP73 Group Home (Long-Term Primarily Assisted Living)$135,000
Catholic Education Foundation Louisville, KYB82 Scholarships Student Financial Aid Awards$127,500
University of Louisville Foundation Inc Chicago, ILB11 Single Organization Support$106,000
St Vincent De Paul Society Council of Louisville Louisville, KYP85 Homeless Services/Centers$101,500
Home of the Innocents Louisville, KYP30 Children's and Youth Services$101,100
Freedom Lake Inc Louisville, KYP20 Human Service Organizations$75,000
Louisville Dental Society Louisville, KYB99 Education N.E.C.*$75,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $3,316,860 $6,349,697 $7,906,222 $4,299,915
2024 $5,245,057 $3,798,152 $8,064,572 $5,174,222
2023 $8,603,819 $8,897,180 $17,543,680 $14,172,088
Revenue
Expenses
Net Investment Income
$0$10M$20M$30M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,316,860$5,245,057$8,603,819
Revenue$6,349,697$3,798,152$8,897,180
Expenses$7,906,222$8,064,572$17,543,680
Net Investment Income$203,181$-305,047$777,932

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 5, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 3, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 5, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Elizabeth Fust as board chair, Lopa Mehrotra as board vice chair, Michael W Gough as board treasurer, and Dana Jackson as board secretary. Other listed directors are Stephen Kertis and Carl Williams. The filing lists Ronald Gallo as president and CEO, Matthew L Bacon as COO and CFO, Heather Cash as chief philanthropy officer, and Ramona Dallum as senior vice president and community leader through May 2025.

The Community Foundation of Louisville Corporate Depository Inc is led by Ronald Gallo, President & CEO on every filing since 2021; none of the 14 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ronald Gallo

    President & CEO

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Alyssa Manning

    President Felix E. Martin Junior Fdn

    New on the 2025 filing

    No compensation reported

  • Elizabeth Fust

    Board Chair

    Board Vice Chair → Board Chair, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Carl Williams

    Director

    Director & From → Director, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Stephen Kertis

    Director

    Director & From → Director, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Heather Cash

    Chief Philanthropy Officer

    Vice President & Philanthropic Services → Senior Vice President & Philanthropic Services, 2024

    Senior Vice President & Philanthropic Services → Chief Philanthropy Officer, 2025

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Matthew L. Bacon

    COO & CFO

    Interim President, CEO, CFO & Senior Vice President → Vice President & CFO, 2021

    Vice President & CFO → COO & CFO, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Michael W. Gough

    Board Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ramona Dallum

    Senior Vice President & Committee Leader

    Vice President & Community Engagement → Senior Vice President & Community Leadership, 2024

    Senior Vice President & Community Leadership → Senior Vice President & Committee Leader, 2025

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Anne McKune

    Vice President & Advancement

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Valerie Sickles

    Chief Marketing Officer

    Vice President, Marketing & Communications → Chief Marketing Officer, 2025

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Dana Jackson

    Board Secretary

    Board Secretary & From → Board Secretary, 2025

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Lopa Mehrotra

    Board Vice Chair

    Board Vice Chair & From → Board Vice Chair, 2025

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Thomas Reynolds

    Controller

    New on the 2025 filing

    5 hrs/week

    No compensation reported

Former officers (16)
  • Former: Curt Scott (2020–2024) — Director
  • Former: David Tachau (2020–2024) — Board Chair
  • Former: Deborah B. Williams (2020–2024) — Board Secretary
  • Former: Stephanie Bateman (2022–2024) — Director
  • Former: Mary Grissom (2023–2024) — Vice President & Com. Investment
  • Former: Janet Walther (2020–2022) — Vice President, Communications & Marke
  • Former: Stephanie H. Smith (2020–2022) — Board Chair
  • Former: Trisha Finnegan (2020–2022) — Chief Strategy Officer
  • Former: Harriet L. Lair (2020–2021) — Director
  • Former: Gary Ulmer (2020) — Director
  • Former: M. Claire Alagia (2020) — Director
  • Former: Mark A. Campisano (2020) — Director
  • Former: Susan A. Barry (2020) — President & CEO
  • Former: Susan Zepeda (2020) — Director
  • Former: Suzanne Bermeister (2020) — Director
  • Former: William G. Strench (2020) — Director

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.

Contact

Mailing address: 325 W Main St 1110, Louisville, KY 40202
Phone: (502) 585-4649
Website: https://cflouisville.org

Frequently asked questions about The Community Foundation of Louisville Corporate Depository Inc

How much does The Community Foundation of Louisville Corporate Depository Inc give each year?

The Community Foundation of Louisville Corporate Depository Inc gave $4.3M across 128 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $5.2M across 135 grants.

What is The Community Foundation of Louisville Corporate Depository Inc's typical grant size?

The Community Foundation of Louisville Corporate Depository Inc's median grant in 2025 was $12,000, and its average grant was $33,593, across 128 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The Community Foundation of Louisville Corporate Depository Inc that year got $35K on average.

Where does The Community Foundation of Louisville Corporate Depository Inc give grants?

The Community Foundation of Louisville Corporate Depository Inc gives mostly in Kentucky: 84% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Iowa (9%). The most frequent recipient cities were Louisville, KY (78 grants), Lexington, KY (12 grants), Owensboro, KY (5 grants) and Frankfort, KY (3 grants).

Does The Community Foundation of Louisville Corporate Depository Inc give general operating support?

Occasionally: 3% of The Community Foundation of Louisville Corporate Depository Inc's 2025 grants with a stated purpose (4 of 128) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "B Educational Institutions" (9 grants), "P20 Human Service Organizations" (4 grants) and "P30 Children's and Youth Services" (4 grants).

Who are The Community Foundation of Louisville Corporate Depository Inc's largest grantees?

The Community Foundation of Louisville Corporate Depository Inc's largest 2025 grantees include Community Foundation of Louisville Inc ($720,515), State University of Iowa Foundation ($400,000) and Harbor House of Louisville ($343,826), according to its 2025 IRS Form 990. Together they received 34% of its itemized 2025 grant dollars.

How large is The Community Foundation of Louisville Corporate Depository Inc?

The Community Foundation of Louisville Corporate Depository Inc reported $3.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.3M.

What does The Community Foundation of Louisville Corporate Depository Inc fund?

The organization’s stated mission is to mobilize people, networks, and capital to spark meaningful change in and beyond Louisville. Its filing describes grant distribution to qualifying 501(c)(3) organizations and fiscal sponsorship of charitable projects in the Louisville Metro area. See mission & focus areas ↑

How do I apply for a grant from The Community Foundation of Louisville Corporate Depository Inc?

The foundation describes its grant programs as using an open application and review process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Community Foundation of Louisville Corporate Depository Inc's EIN?

The Community Foundation of Louisville Corporate Depository Inc's EIN (Employer Identification Number) is 61-1100993. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

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