University of Louisville Foundation logo

University of Louisville Foundation

LOUISVILLE, KY EIN: 23-7078461 Website

THE FOUNDATION SUPPORTS THE UNIVERSITY IN ITS EFFORTS TO MAINTAIN ITS DISTINCTION AS A PREMIER, NATIONALLY RECOGNIZED METROPOLITAN RESEARCH UNIVERSITY WHILE PROMOTING THE UNIVERSITY'S DEPARTMENTS IN THEIR EDUCATIONAL, SCIENTIFIC, AND LITERARY EFFORTS AND ENTERPRISES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2B

+9.8% YoY

Annual Giving

$65.5M

-2.3% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$32.7M

-2.3% YoY

About University of Louisville Foundation

Based on IRS filings

University of Louisville Foundation is a nonprofit organization focused on Education, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2B in total assets. In 2024, it awarded 2 grants totaling $65.5M. Net investment income was $118K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Louisville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23M$46M$69M$91M20202021202220232024
Metric202420232022
Total Assets$1,161,032,051$1,057,025,817$1,030,933,372
Revenue$65,921,956$52,798,346$57,798,687
Expenses$75,831,967$79,408,065$67,383,319
Qualifying Distributions
Net Investment Income$118,096$-115,109$62,974
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$17M$34M$50M$67M2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

UNIVERSITY OF LOUISVILLE$58.2MU OF L HEALTH - LOUISVIL…$7.3M

Grant Size Distribution

10 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M10$5M+

Open Grants

6 open opportunities from University of Louisville Foundation

Show all 6 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Louisville ($58,159,499), U of L Health - Louisville Inc ($7,315,150).

RecipientPurposeAmount
UNIVERSITY OF LOUISVILLE LOUISVILLE, KYOPERATIONAL AND DEVELOPMENT SUPPORT$58,159,499
U OF L HEALTH - LOUISVILLE INC LOUISVILLE, KYGENERAL SUPPORT$7,315,150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KEITH SHERMANEXECUTIVE DIRECTOR & COO$293KJUSTIN RUHLCONTROLLER$132KREGINA LANSKWERTDIRECTOR OF ADMINISTRATION$128K

From 2024 filing

NameTitleHoursCompensation
JERRY ABRAMSONDIRECTOR0.5
SOFYA ALTERMANDIRECTOR0.5
DAVID ANDERSONDIRECTOR0.5
JIM BOONEVICE CHAIR1
SCOTT BRINKMANDIRECTOR0.5
ERNEST BROOKSDIRECTOR0.5
MATT CARPERDIRECTOR0.5
JESSICA COLEDIRECTOR0.5
AL CORNISHDIRECTOR0.5
CHRIS DISCHINGERDIRECTOR0.5
JILL FORCECHAIR1
KATIE HAYDENDIRECTOR0.5
KEVIN LEDFORDDIRECTOR0.5
LARRY MCDONALDSECRETARY1
DIANE MEDLEYDIRECTOR0.5
EUGENE MUELLERDIRECTOR0.5
KIM SCHATZELDIRECTOR0.5
RUDY SPENCERDIRECTOR0.5
DAVID KREBSDIRECTOR (PREVIOUS)0.5
MARK NICKELDIRECTOR (PREVIOUS)1
MARY NIXONDIRECTOR (PREVIOUS)0.5
JIM ROGERSDIRECTOR (PREVIOUS)0.5
JOHN THOMPSONDIRECTOR (PREVIOUS)0.5
KEITH SHERMANEXECUTIVE DIRECTOR & COO27.5$292,771
REGINA LANSKWERTDIRECTOR OF ADMINISTRATION43$128,158
JUSTIN RUHLCONTROLLER41$131,650

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is University of Louisville Foundation?

University of Louisville Foundation is a nonprofit organization focused on Education, based in LOUISVILLE, KY. It holds $1.2B in total assets as of 2024.

How large is University of Louisville Foundation?

As of 2024, University of Louisville Foundation holds $1.2B in total assets with $65.9M in annual revenue. It awarded 2 grants totaling $65.5M in 2024.

Where does University of Louisville Foundation operate?

University of Louisville Foundation has awarded grants in Kentucky.

What size grants does University of Louisville Foundation award?

In 2024, University of Louisville Foundation awarded 2 grants totaling $65.5M — an average of about $32.7M per grant, based on its IRS Form 990 filings.

What is University of Louisville Foundation's EIN?

University of Louisville Foundation's EIN (Employer Identification Number) is 23-7078461. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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