The Real Estate Asset Legacy Foundation of Kentucky Inc

Public charity · Grantmaker Louisville, KY EIN: 26-2417672

To receive gifts of real or personal property for charitable purposes.

The Real Estate Asset Legacy Foundation of Kentucky Inc at a glance

Total assets
$850,000
+0.0% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who The Real Estate Asset Legacy Foundation of Kentucky Inc funds

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K2$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 3 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Louisville

How The Real Estate Asset Legacy Foundation of Kentucky Inc gives

  • Giving fell 57% from 2019 to 2022. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M2 grants2019 0 grants2020 0 grants2021 3 grants2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2022, annual grant giving ranged from $1.6M (2022) to $3.6M (2019). In 2022 it made 3 grants totaling $1.6M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Louisville Association for Community Economics Inc Louisville, KYTo develop a commercial cooperative grocery store to be operated by the louisville community grocery, lca$625,000
Rebound Inc Louisville, KYTo support a community land trust ("clt") for the benefit of smoketown and russell neighborhoods.$625,000
Community Foundation of Louisville Inc Louisville, KYTo Support Programs$309,545
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrants
2025$850,000————
2024$850,000————
2023$900,000————
2022$1,200,000$1,509,545$1,559,545$1,559,5453
2021$1,250,000————
2020$1,250,000————
2019$1,050,000—$3,596,500$3,596,5002

About The Real Estate Asset Legacy Foundation of Kentucky Inc

Based on IRS filings

The Real Estate Asset Legacy Foundation of Kentucky Inc is a public charity, based in Louisville, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $850K in total assets.

Leadership & Key People

Officers and directors from IRS filings

The Real Estate Asset Legacy Foundation of Kentucky Inc is led by Ronald Gallo, President on every filing since 2024; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ronald Gallo

    President

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Elizabeth Fust

    Board Chair

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

  • Heather Cash

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Stephen Kertis

    Director

    Director & Start → Director, 2025

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Thomas Reynolds

    Controller

    Treasurer → Controller, 2025

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Dana Jackson

    Board Secretary

    Secretary & Start → Board Secretary, 2025

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Lopa Mehrotra

    Board Vice Chair

    Vice Chair & Start → Board Vice Chair, 2025

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Matthew Bacon

    Treasurer

    On filings since 2024

    0.1 hrs/week

    No compensation reported

Former officers (13)
  • Former: David Tachau (2019–2024) — Chair
  • Former: Deborah Williams (2021–2024) — Secretary
  • Former: Kris Sirchio (2022–2024) — Director
  • Former: Liz Fust (2022–2024) — Chair
  • Former: Matt Bacon (2019–2023) — Treasurer
  • Former: Ron Gallo (2021–2023) — President
  • Former: Stephanie Smith (2019–2022) — Chair
  • Former: Harriet Lair (2019–2021) — Director
  • Former: M. Claire Alagia (2019–2021) — Vice Chair
  • Former: Jennifer Fust-Rutherford (2020–2021) — Director
  • Former: Susan A. Barry (2019–2020) — President
  • Former: Eric Taylor (2019) — Chair
  • Former: Maria Hampton (2019) — Secretary

Data from IRS Form 990 filings, 2019–2025. "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 The Real Estate Asset Legacy Foundation of Kentucky Inc

How large is The Real Estate Asset Legacy Foundation of Kentucky Inc?

The Real Estate Asset Legacy Foundation of Kentucky Inc reported $850K in total assets on its 2025 IRS Form 990.

Where does The Real Estate Asset Legacy Foundation of Kentucky Inc operate?

The Real Estate Asset Legacy Foundation of Kentucky Inc has awarded grants in Kentucky.

What is The Real Estate Asset Legacy Foundation of Kentucky Inc's EIN?

The Real Estate Asset Legacy Foundation of Kentucky Inc's EIN (Employer Identification Number) is 26-2417672. IRS Form 990 filing data is available on this page for 2019–2025.

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

  1. Added Form 990 for fiscal year 2019 (received by the IRS April 14, 2020)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 5, 2026)

Explore Open Grants

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Real Estate Asset Legacy Foundation of Kentucky 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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