Louisville Water Foundation
- Assets
- $1.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 46-2069742
Organization Overview
Louisville Water Foundation is located in Louisville, KY. The organization was established in 2013. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Water Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Louisville Water Foundation generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.8% each year . All expenses for the organization totaled $5.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Louisville Water Foundation has awarded 75 individual grants totaling $3,673,416. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SEEKS TO IMPROVE THE HEALTH AND WELL-BEING OF THE COMMUNITIES WE SERVE AND AROUND THE WORLD BY PROVIDING WATER ASSISTANCE AND WATER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTIONS MADE BY THE LOUISVILLE WATER FOUNDATION DIRECTLY SUPPORT WATER-ASSISTANCE AND WATER-EDUCATION PROGRAMS OR SUPPORT ORGANIZATIONS THAT ADMINISTER WATER ASSISTANCE AND WATER EDUCATION PROGRAMS. THE IMPLEMENTATION AND EXECUTION OF THESE PROGRAMS DIRECTLY IMPACTS AND IMPROVES THE HEALTH AND WELL-BEING OF LOUISVILLE-AREA COMMUNITIES AND/OR COMMUNITIES AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,500,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,397 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,575,397 |
| Total Program Service Revenue | $0 |
| Investment income | $4,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,579,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,415,619 |
| Grants and other assistance to domestic individuals. | $4,000,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,827 |
| Advertising and promotion | $7,500 |
| Office expenses | $1,028 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $738 |
| All other expenses | $0 |
| Total functional expenses | $5,440,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,245,480 |
| Savings and temporary cash investments | $109,358 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $404 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,355,242 |
| Accounts payable and accrued expenses | $1,717 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,717 |
| Net assets without donor restrictions | $418,344 |
| Net assets with donor restrictions | $935,181 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,355,242 |
Grants Awarded
Over the last fiscal year, Louisville Water Foundation has awarded $788,300 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: water education | $600,000 |
West Nyack, NY PURPOSE: water education | $42,500 |
Shelbyville, KY PURPOSE: water education | $40,000 |
Louisville, KY PURPOSE: water education | $20,000 |
Louisville, KY PURPOSE: water education | $15,000 |
Louisville, KY PURPOSE: water education | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Louisville Water Foundation has recieved totaling $172.
| Awarding Organization | Amount |
|---|---|
Arthur J Gallagher Foundation Rolling Meadows, IL PURPOSE: GENERAL EXEMPT PURPOSE | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $72 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Environment & Technology Foundation Arlington, VA | $13,937,500 | $15,203,934 |
Institute For Energy Economics And Financial Analysis Inc Lakewood, OH | $13,305,538 | $13,260,731 |
Cincinnati Nature Center Association Milford, OH | $46,378,150 | $9,446,687 |
Louisville Water Foundation Louisville, KY | $1,355,242 | $4,579,865 |
Conservancy For Cuyahoga Valley National Park Peninsula, OH | $13,776,563 | $7,516,986 |
Joy Outdoor Education Center Foundation Inc Clarksville, OH | $10,764,640 | $3,173,386 |
Oglebay Institute Wheeling, WV | $22,985,672 | $2,941,395 |
Forest Park Foundation Peoria Heights, IL | $2,574,683 | $838,889 |
Garfield Park Conservatory Alliance Chicago, IL | $4,270,987 | $3,189,107 |
Great Smoky Mountain Institute Townsend, TN | $7,753,482 | $2,441,713 |
Clean Fuels Ohio Columbus, OH | $1,270,989 | $2,189,876 |
Environmental Health Watch Inc Cleveland, OH | $605,738 | $1,725,747 |