University of Louisville Real Estate Foundation Inc
To acquire, maintain, improve, leverage, manage, lease, and convey real and personal property for the benefit of the university of louisville.
University of Louisville Real Estate Foundation Inc at a glance
In short: University of Louisville Real Estate Foundation Inc gave $2.4M across 1 grant in 2025 (avg $2.4M), mostly in Kentucky. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,365,600
- +215.0% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $2,365,600
- +529.9% vs 2024
- Median grant
- $2,365,600
- Total assets
- $415,523,563
- +72.5% vs 2024
- Primary geography
- Kentucky (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who University of Louisville Real Estate Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Louisville ($2.4M).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 10 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How University of Louisville Real Estate Foundation Inc gives
- Giving grew 219% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $742K (2022) to $2.4M (2025). In 2025 it made 1 grant totaling $2.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Louisville Louisville, KY | Supported Organization | $2,365,600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $415,523,563 | $34,399,947 | $34,431,897 | $2,365,600 | 1 | $666,475 |
| 2024 | $240,933,317 | $100,713,374 | $17,225,745 | $751,071 | 2 | $373,353 |
| 2023 | $167,969,861 | $38,491,724 | $18,119,853 | $847,151 | 3 | $1,007,160 |
| 2022 | $163,989,545 | $30,989,906 | $14,749,762 | $741,854 | 2 | $500,000 |
| 2021 | $156,388,720 | $20,770,834 | $16,972,521 | $1,188,662 | 2 | $219,598 |
| 2020 | $160,434,902 | $15,434,967 | $15,580,049 | $1,220,499 | 2 | $969,449 |
| 2019 | $168,218,960 | $43,339,310 | $12,491,121 | $968,140 | 1 | $2,380,078 |
About University of Louisville Real Estate Foundation Inc
Based on IRS filings
University of Louisville Real Estate Foundation Inc is a public charity, based in Louisville, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $415.5M in total assets. In 2025, it awarded 1 grant totaling $2.4M. Net investment income was $666K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
University of Louisville Real Estate Foundation Inc is led by Keith Sherman, Executive Director & COO on every filing since 2019; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Keith Sherman
Executive Director & COO
On filings since 2019
27.5 hrs/week
No compensation reported
Mariah Gratz
Chair
Director → Vice Chair, 2023
Vice Chair → Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Powell Spears
Director
Director → Secretary & Treasurer, 2023
Secretary & Treasurer → Director, 2024
On filings since 2021
0.5 hrs/week
No compensation reported
Scott Brinkman
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Charlie Dahlem
Secretary
Director → Secretary, 2025
On filings since 2023
1 hr/week
No compensation reported
Jake Smith
Vice Chair
Director → Vice Chair, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (15)
- Former: Craig Hawley (2019–2024) — Secretary & Treasurer
- Former: Steve Gault (2019–2024) — Chair
- Former: Jill Force (2020–2024) — Director
- Former: Jessica Cole (2023–2024) — Director
- Former: Kim Schatzel (2023–2024) — Director
- Former: Mark Nickel (2023–2024) — Director
- Former: Earl Reed (2019–2023) — Director
- Former: Ken Payne (2019–2023) — Director
- Former: Paul Carrico (2019–2023) — Director
- Former: Sandy Metts Snowden (2019–2023) — Director
- Former: Lori Gonzalez (2022–2023) — Director
- Former: Derrick Littlejohn (2019–2022) — Director
- Former: Neeli Bendapudi (2019–2022) — Director
- Former: Robert Koetter (2019–2021) — Director
- Former: Michael Bowers (2019) — Director
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 University of Louisville Real Estate Foundation Inc
How much does University of Louisville Real Estate Foundation Inc give each year?
University of Louisville Real Estate Foundation Inc gave $2.4M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $751K across 2 grants.
How large is University of Louisville Real Estate Foundation Inc?
University of Louisville Real Estate Foundation Inc reported $415.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $34.4M.
Where does University of Louisville Real Estate Foundation Inc operate?
University of Louisville Real Estate Foundation Inc has awarded grants in Kentucky.
What is University of Louisville Real Estate Foundation Inc's EIN?
University of Louisville Real Estate Foundation Inc's EIN (Employer Identification Number) is 47-2373203. 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS June 29, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
Live grants for the work University of Louisville Real Estate Foundation Inc funds
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