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Lg&E And Ku Foundation Inc. is a private corporation based in LOUISVILLE, KY. The foundation received its IRS ruling in 1994. The principal officer is % Chad E Clements. It holds total assets of $24.7M. Annual income is reported at $11.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lg&E And Ku Foundation Inc. has made 5 grants totaling $25.9M, with a median grant of $5.1M. The foundation has distributed between $4.5M and $11.5M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $11.5M distributed across 2 grants. Individual grants have ranged from $4.5M to $5.7M, with an average award of $5.2M. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Lg&E And Ku Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in KY.
Lg&E And Ku Foundation Inc. has distributed a total of $25.9M across 5 grants. The median grant size is $5.1M, with an average of $5.2M. Individual grants have ranged from $4.5M to $5.7M.
Applicant must be a 501(c)(3) organization.
Lg&E And Ku Foundation Inc. is headquartered in LOUISVILLE, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Whelan | DIRECTOR & PRESIDENT | $0 | $0 | $0 |
| Eileen Saunders | DIRECTOR | $0 | $0 | $0 |
| Lonnie Bellar | DIRECTOR | $0 | $0 | $0 |
| Vanessa Hartline | ASSISTANT TREASURER | $0 | $0 | $0 |
| Tadd Henninger | VICE PRESIDENT AND TREASURER | $0 | $0 | $0 |
Total Giving
$4.6M
Total Assets
$28.3M
Fair Market Value
$29.4M
Net Worth
$28.3M
Grants Paid
$4.5M
Contributions
$0
Net Investment Income
$897K
Distribution Amount
$1.4M
Total: $23.2M
Total Grants
5
Total Giving
$25.9M
Average Grant
$5.2M
Median Grant
$5.1M
Unique Recipients
4
Most Common Grant
$5.7M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 2023 GrantsSEE ATTACHED | See Attached, KY | $4.5M | 2023 |
| 2022 GrantsSEE ATTACHED | See Attached, KY | $5.7M | 2022 |
| 2021 GrantsSEE ATTACHED | See Attached, KY | $5.1M | 2021 |
| 2020 GrantsSEE ATTACHED | See Attached, KY | $4.8M | 2020 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY
| David Arthur |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| John Crockett Iii | DIRECTOR | $0 | $0 | $0 |
| Christopher Garrett | VICE PRESIDENT-FINANCE & ACCTG | $0 | $0 | $0 |
| John Fendig | CORPORATE SECRETARY | $0 | $0 | $0 |
| Deborah Gregor | ASSISTANT SECRETARY | $0 | $0 | $0 |
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