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.
Philanthropy Lifts Us All
In this year of exceptional challenges, philanthropy lifts us all, strengthens our bonds, and inspires our entire community. As the year-end draws near, we wanted to remind you of the benefits of establishing your own personal, charitable giving account at the Community Foundation. We offer both Donor Advised Funds and Charitable Checking Funds for generous individuals who want to simplify, organize and maximize their charitable giving.
The story of the Community Foundation of Louisville continues to grow.
Inspiring for the future
The story of the Community Foundation of Louisville continues to grow – from the many donors who believed in community philanthropy decades ago, to those who share their inspiring stories today, and to countless others who are dedicated to making an impact in our community through charitable giving.
Our Response to COVID-19
The Community Foundation of Louisville is fortunate to be a part of a caring, generous, and resilient community especially during this COVID-19 pandemic. The health and safety of our partners, staff, and community is our top priority. Even though our office is closed to the public, our staff are working remotely to serve our generous donors and fund holders and the nonprofit organizations that are making a difference every day.
We’ve transitioned all of our events to a virtual format through the end of 2020 so that you’ll still be able to join us. Plus, we’ve added new events to our lineup to provide you with opportunities to hear how you can support nonprofit organizations in new ways.
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.
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.
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.
GIVE FOR GOOD LOUISVILLE 2020
Thanks to your generous support we were all able to raise $7.4 million for 500+ local organizations in 2020. Visit www.giveforgoodlouisville.org and follow us on Facebook, Twitter, & Instagram @cflouisville to stay connected to the latest on the biggest day of local giving!
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