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Nonprofiteer
← UNIVERSITY OF LOUISVILLE FOUNDATION INC

Form 990 for tax year 2022

Filed by UNIVERSITY OF LOUISVILLE FOUNDATION INC.

Totals

Total revenue
$52,798,346
Total expenses
$79,408,065
Contributions and grants received
$46,406,855
Grants paid
$67,894,786
Program services expenses (Part IX)
$74,853,002
Management and general expenses
$4,555,063
Fundraising expenses
$0
Program service expenses (Part III)
$74,853,002

Program services were 94.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JERRY ABRAMSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DAVID ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JIM BOONE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • SCOTT BRINKMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ERNEST BROOKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JESSICA COLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • AL CORNISH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JILL FORCE

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DAVID KREBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • LARRY MCDONALD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • EUGENE MUELLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • MARK NICKEL

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARY NIXON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JIM ROGERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KIM SCHATZEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JOHN THOMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DORIAN BROWN

    DIRECTOR (PREVIOUS)

    Total calculated
    $0
    Hours/week
    0.5

  • PAUL CARRICO

    DIRECTOR (PREVIOUS)

    Total calculated
    $0
    Hours/week
    0.5

  • LORI GONZALEZ

    DIRECTOR (PREVIOUS)

    Total calculated
    $0
    Hours/week
    0.5

  • KEN PAYNE

    DIRECTOR (PREVIOUS)

    Total calculated
    $0
    Hours/week
    1

  • EARL REED

    DIRECTOR (PREVIOUS)

    Total calculated
    $0
    Hours/week
    1

  • DAVID SCHULTZ

    DIRECTOR (PREVIOUS)

    Total calculated
    $0
    Hours/week
    0.5

  • JOHN SMITH

    DIRECTOR (PREVIOUS)

    Total calculated
    $0
    Hours/week
    0.5

  • KEITH SHERMAN

    EXECUTIVE DIRECTOR & COO

    Total calculated
    $319,658
    From this org
    $279,331
    From related orgs
    $0
    Other
    $40,327
    Hours/week
    27.5

    Schedule J breakdown matched by us

    Base
    $278,557
    Bonus
    $0
    Other
    $774
    Deferred
    $30,180
    Nontaxable benefits
    $10,147
    Filer's total
    $319,658

  • REGINA LANSKWERT

    DIRECTOR OF ADMINISTRATION

    Total calculated
    $176,567
    From this org
    $138,046
    From related orgs
    $0
    Other
    $38,521
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $137,598
    Bonus
    $0
    Other
    $448
    Deferred
    $13,823
    Nontaxable benefits
    $24,698
    Filer's total
    $176,567

  • JUSTIN RUHL

    CONTROLLER

    Total calculated
    $163,496
    From this org
    $124,965
    From related orgs
    $0
    Other
    $38,531
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $124,766
    Bonus
    $0
    Other
    $199
    Deferred
    $13,833
    Nontaxable benefits
    $24,698
    Filer's total
    $163,496

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE BOARD OF DIRECTORS APPROVED COMPENSATION OF THE EXECUTIVE DIRECTOR & COO.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
8 May 2024
IRS schema version
2022v5.0
Source object
202421309349301517

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