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University Of Louisville Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237078461 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

Overview

What is University Of Louisville Foundation Inc?

University of Louisville Foundation Inc, based in Louisville, Kentucky, is a nonprofit organization dedicated to supporting the University of Louisville in maintaining its distinction as a premier metropolitan research university. The Foundation advances the university's departments in their educational, scientific, and literary efforts and enterprises by maximizing private charitable support and investing prudently. Through financial assistance, the Foundation helps the university remain a leader in research and academic instruction. The Foundation's mission emphasizes the importance of research translating into real-world solutions, making the university a powerful engine for intellectual and economic growth. As public financial support for higher education declines and costs continue to rise, the Foundation works to bridge the funding gap and enable students to pursue academic, athletic, and career opportunities at the University of Louisville.


Official website here: www.louisvillefoundation.org

Is University Of Louisville Foundation Inc legitimate?

University Of Louisville Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Louisville Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $311,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,040,329

For more financial information, click here


Official website here: www.louisvillefoundation.org

What is the mission statement of University Of Louisville Foundation Inc?

The University of Louisville Foundation Inc supports the University of Louisville in its pursuit of maintaining its distinction as a premier, nationally recognized metropolitan research university. The foundation promotes the university's departments in their educational, scientific, and literary efforts and enterprises. By maximizing private charitable support and investing prudently, the foundation helps keep the university in a leadership position for research and academic instruction. Excellence in research translates to real-world solutions to the issues and complex problems faced in communities. Strong metropolitan research universities serve as engines for intellectual and economic growth and prosperity. The foundation empowers talented researchers by providing them with necessary resources to make groundbreaking discoveries that matter. Amid declining public financial support for higher education and increasing costs, the foundation works to bridge the funding gap, enabling students to thrive as University of Louisville academics, athletes, and citizens.


Official website here: www.louisvillefoundation.org

Who is the CEO of University Of Louisville Foundation Inc?

Keith Sherman is the Director of University Of Louisville Foundation Inc.


Official website here: www.louisvillefoundation.org

What is the revenue of University Of Louisville Foundation Inc?

University Of Louisville Foundation Inc's revenue in 2022 was $57,798,687.


Official website here: www.louisvillefoundation.org

Who are the executives of University Of Louisville Foundation Inc and what are their salaries?

The average compensation at University Of Louisville Foundation Inc during 2022 was $167,966. There are 14 employees and 21 volunteers at University Of Louisville Foundation Inc.

Here are 25 key members and their salaries:

    Keith Sherman (Executive Director & Coo)
  • Compensation: $253,514
  • Related: $0
  • Other: $44,499

    • Justin Ruhl (Controller)
  • Compensation: $121,875
  • Related: $0
  • Other: $31,017

    • Regina Lanskwert (Director Of Administration)
  • Compensation: $135,756
  • Related: $0
  • Other: $13,432

    • Susan Magness (Director Of Budget (Previous))
  • Compensation: $125,258
  • Related: $0
  • Other: $7,959

    • David Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Boone (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Carrico (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Cornish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Force (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Krebs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Nickel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Nixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ugonna Okorie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Payne (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Earl Reed (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neeli Bendapudi (Director (Previous))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Chilton (Director (Previous))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.louisvillefoundation.org

    Where can I find the form 990 for University Of Louisville Foundation Inc?

    The University Of Louisville Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.louisvillefoundation.org

    Learn more at the official website: www.louisvillefoundation.org

    Mission Statement of University Of Louisville Foundation Inc

    University of Louisville Foundation Inc is a dedicated organization that supports the University of Louisville in its mission to maintain its standing as a premier, nationally recognized metropolitan research university. The Foundation promotes the university's departments in their educational, scientific, and literary efforts and enterprises. By maximizing private charitable support and investing prudently, the Foundation helps keep the university at the forefront of research and academic instruction.

    The Foundation's commitment to excellence in research translates into real-world solutions to the complex problems faced by communities every day. Strong metropolitan research universities are engines for intellectual and economic growth and prosperity. University of Louisville Foundation Inc makes the university more powerful with each passing day by providing talented researchers with the necessary resources to make groundbreaking discoveries that matter. As public financial support for higher education has declined and costs continue to rise, the Foundation works diligently to bridge the funding gap, ensuring that students can continue to thrive as academics, athletes, and citizens at the University of Louisville. By providing financial support for various academic, athletic, and career pursuits, the Foundation plays a crucial role in creating unique stories for each student.

    Impact

    This information is meant to be a general summary of University Of Louisville Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The University of Louisville Foundation Inc's impact is felt in its unwavering support for the University of Louisville as a premier, nationally recognized metropolitan research university. By maximizing private charitable support and investing prudently, the Foundation plays a crucial role in keeping the university in a leadership position for research and academic instruction. This support enables talented researchers to make breakthroughs that address real-world issues and complex problems faced by communities every day.

    In a time when public financial support for higher education is declining and costs are increasing, the Foundation works to bridge the funding gap, ensuring that students can pursue academic, athletic, and career pursuits at the University of Louisville. By providing financial support for various academic and athletic endeavors, the Foundation empowers students to create their own unique UofL stories. Through its efforts, the Foundation contributes to the intellectual and economic growth and prosperity of the community, further solidifying the university's role as an engine for positive change and innovation.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $62,974
  • Program Service Revenue: $0
  • Gross Receipts: $61,919,719

    • Assets and Liabilities:
  • Total Assets: $1,030,933,372
  • Total Liabilities: $61,720,649
  • Net Assets: $969,212,723
  • Organization Details

    Founding Year

    1970

    Principal Officer

    Keith Sherman

    Main Address

    215 CENTRAL AVENUE STE 212, LOUISVILLE, KY, 40208

    NTEE Category

    Code: B43 - Education

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