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Louisville Water Foundation

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

EIN: 462069742 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Louisville Water Foundation?

The Louisville Water Foundation is a nonprofit organization situated in Louisville, Kentucky, with the address 550 S 3rd Street, 40202. The foundation's primary objective is to enhance the health and well-being of both local and global communities by providing water assistance and education. Through its mission, the foundation supports programs that focus on ensuring safe drinking water, particularly in other countries. In addition, the foundation contributes to helping families within the community maintain their access to the water supply, and a portion of all donations is directed towards water education efforts. The foundation's activities are primarily focused on supporting programs that provide water assistance and education, thereby positively impacting the communities they serve.


Official website here: www.louisvillewater.com/about-us/louisville-water-foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Louisville Water Foundation has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived solely from their accountability metrics, reflecting a strong commitment to financial integrity, with a notable program expense ratio of 99.58%, which suggests that almost all of their expenses are directed towards their programs.

One of the organization’s key strengths is its governance structure, featuring a completely independent board with 14 members. This independence is complemented by comprehensive policies on conflict of interest, whistleblower protections, and document retention, all of which have been appropriately documented, enhancing the foundation's credibility.

While the organization demonstrates commendable accountability and financial practices, the score reflects a singular focus on this aspect without additional scoring categories. Potential donors may want to explore broader impact measures beyond finance to gauge the overall effectiveness and reach of the foundation's programs.


This AI summary has been generated from information found on Charity Navigator.

Is Louisville Water Foundation legitimate?

Louisville Water Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville Water Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.louisvillewater.com/about-us/louisville-water-foundation

What is the mission statement of Louisville Water Foundation?

The Louisville Water Foundation, in its mission, aims to enhance the health and well-being of communities locally and globally by offering water assistance and education. Specifically, the Foundation supports initiatives aimed at providing safe drinking water in other countries, while also contributing a portion of donations to aid struggling families in the community to keep up with their water supply costs. In essence, the Foundation seeks to promote overall community well-being through water-related initiatives, both domestically and internationally.


Official website here: www.louisvillewater.com/about-us/louisville-water-foundation

Who is the CEO of Louisville Water Foundation?
What is the revenue of Louisville Water Foundation?

Louisville Water Foundation's revenue in 2022 was $466,919.


Official website here: www.louisvillewater.com/about-us/louisville-water-foundation

Who are the executives of Louisville Water Foundation and what are their salaries?

There 14 volunteers at Louisville Water Foundation.


Here are 14 key members and their salaries:


Jennifer Fust-Rutherford (Board Member, Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Pearson (Board Member; Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tigue (Board Member, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Bruce (Board Member; President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Collier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Glenn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Fritz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Heitzman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Grunow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Meriwether (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Reed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marita Willis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrence Spence (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Parrott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.louisvillewater.com/about-us/louisville-water-foundation

Where can I find the form 990 for Louisville Water Foundation?

Louisville Water Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.louisvillewater.com/about-us/louisville-water-foundation

Mission Statement of Louisville Water Foundation

The Louisville Water Foundation, a charitable organization, is dedicated to enhancing the health and well-being of communities, both locally and globally, through water assistance and education. Its mission is threefold: to provide water education, support programs for safe drinking water in other countries, and contribute to helping struggling families in the community maintain access to the local water supply. By undertaking these activities, the Foundation aims to make a significant impact on the lives of many, ensuring that communities can access clean water, a fundamental necessity for health and well-being.

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Impact




July, 2024

The Louisville Water Foundation's impact is significant as it directly improves the health and well-being of communities by providing water assistance and water education programs. These efforts not only benefit the local Louisville-area communities but also have a global reach in supporting safe drinking water initiatives in other countries. By funding water assistance and education programs, the Foundation plays a crucial role in ensuring access to safe drinking water, which is essential for the overall health and development of communities.




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


Financials

This financial information is from Propublica.

Revenue
$466,919 (2022)
Expenses
$709,268 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,704
  • Gross Receipts: $466,919

Assets and Liabilities:

  • Total Assets: $1,112,182
  • Total Liabilities: $1,006
  • Net Assets: $1,111,176

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Organization Details

Founding Year

2013

Main Address

550 S 3rd Street, Louisville, KY, 40202

NTEE Category

Code: C60 - Environment

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