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 12/2022, Louisville Water Foundation generated $466.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $709.3k during the year ending 12/2022. 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 $4,049,516. 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
2022
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Member, Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member; Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member, Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member; President | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $400,000 |
All other contributions, gifts, grants, and similar amounts not included above | $57,215 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $457,215 |
Total Program Service Revenue | $0 |
Investment income | $9,704 |
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 | $466,919 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $685,647 |
Grants and other assistance to domestic individuals. | $0 |
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 | $4,230 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,323 |
Advertising and promotion | $0 |
Office expenses | $3,034 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $709,268 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,001,233 |
Savings and temporary cash investments | $110,584 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $365 |
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 | $1,112,182 |
Accounts payable and accrued expenses | $1,006 |
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 | $1,006 |
Net assets without donor restrictions | $1,111,176 |
Net assets with donor restrictions | $0 |
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 | $1,112,182 |
Over the last fiscal year, Louisville Water Foundation has awarded $660,100 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
YOUNG AUTHORS GREENHOUSE PURPOSE: Water education | $20,000 |
ASSOCIATION OF COMMUNITY MINISTRIES PURPOSE: Water education | $500,000 |
BERNHEIM ARBORETUM & RESEARCH FOREST PURPOSE: Water education | $25,000 |
WATERSTEP PURPOSE: Water education | $5,000 |
UGANDAN WATER PROJECT INC PURPOSE: Water education | $21,600 |
MULTI-PURPOSE COMMUNITY ACTION AGENCY (MPCAA) PURPOSE: Water education | $26,000 |