Announcing Ronald V. Gallo as President & CEO
With more than 30 years of experience in nonprofit foundation leadership and community building, Ronald V. Gallo has been selected as the President and CEO of the Community Foundation of Louisville, effective July 20. Gallo is a visionary in nonprofit leadership with more than 30 years of experience in private, corporate, family and community foundations.
We are more rooted than ever in our commitment to social justice, to break barriers, and to make equity a cornerstone of everything we do. Creating a community where everyone has the opportunity to thrive will only happen when every voice is heard and respected and all residents can dream fearlessly.
The Community Foundation of Louisville is taking this time to pause, listen, and have conversations that expand our knowledge and perspective. We wholeheartedly stand in solidarity with Black Americans and other people of color, but being shocked, sad, and empathetic isn’t enough. What matters most is actual change, justice, and equity.
What can we do? Read more.
Our Response to COVID-19
The Community Foundation of Louisville is fortunate to be a part of a caring, generous and resilient community. The health and safety of our partners, staff, and community is our top priority. As the number of cases of the coronavirus, COVID-19, continue to grow in our community and around the world, we are taking precautions and making plans to manage the situation in a way that allows us to continue our work and provide ways to contribute to community efforts to limit the spread of the virus and its impact on our community.
Support our Community
In times of crisis, collaboration is vital and valued in getting critical resources to those most impacted. Two COVID-19 response funds have been established through the Community Foundation of Louisville. Your contribution is essential now more than ever.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) passed on March 27, 2020 makes temporary changes to tax provisions and required minimum distribution rules in an effort to boost charitable giving to nonprofits and provide flexibility for retirement savings. Please consult your tax and financial planning professionals to determine whether provisions in the CARES Act apply to you.
Creating a Community Where People and Place Thrive
The Community Foundation of Louisville is a force for good. As a leader in philanthropy, we connect donors, nonprofits, and civic partners to create lasting impact in community so people and place thrive. Founded in 1984, the Community Foundation is the largest charitable foundation in Kentucky with more than $600 million in assets and more than 1,800 charitable funds.
Each fund has its own name and charitable purpose as defined by its donors. In 2019, these funds made over 10,000 grants totaling $64 million, approximately 79% of which stayed in Kentucky and Southern Indiana to support area nonprofits.
Join us in being a force for good in our community.
How can the Community Foundation help you? Give us three minutes and we’ll give you some ideas.
Giving & Planning
Want to know more about your options for working with the Community Foundation? Whether you are a donor or professional advisor, start here. You can explore ways we can help make your charitable giving easier today or help with long-term planning for the future. You can learn about our investment strategy aimed at maximizing your charitable impact and unique ways you can partner with the Foundation.
IRA CHARITABLE ROLLOVER
The opportunity of a lifetime to give the gift of a lifetime. When Congress passed the PATH Act, which renews and makes permanent the Charitable IRA provision of 2006, it made it easier for Americans to give to causes they care about. This provision has the power to help local charities strengthen their communities by allowing individuals to roll over up to $100,000 annually from a traditional Individual Retirement Account (IRA) to charity without being federally taxed. The Community Foundation of Louisville can help donors execute the transfers and choose from several charitable fund options for their gift. Donor Advised Funds do not qualify for tax-free IRA transfers, but Designated Funds, Field of Interest Funds and other fund types do. Contact Jennifer Fust-Rutherford, JD, Director of Gift Planning to learn more.
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