2025-05-08T09:37:38-05:00 2024-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2023-07-01 262417672 THE REAL ESTATE ASSET LEGACY FOUNDATION OF KENTUCKY INC REAL 5025854649 325 W MAIN STREET 1110 LOUISVILLE KY 40202 MATTHEW L BACON TREASURER 5025854649 2025-05-05 1 1 MELANIE MCPEAK P01346034 8885871719 2023 2025-03-06 01:10:19Z X RONALD GALLO 325 W MAIN STREET 1110 LOUISVILLE KY 40202 0 0 X WWW.CFLOUISVILLE.ORG X 2008 KY TO RECEIVE GIFTS OF REAL OR PERSONAL PROPERTY FOR CHARITABLE PURPOSES. 7 4 0 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 900000 850000 0 0 900000 850000 TO RECEIVE GIFTS OF REAL OR PERSONAL PROPERTY FOR CHARITABLE PURPOSES. 0 0 TO RECEIVE GIFTS OF REAL OR PERSONAL PROPERTY FOR CHARITABLE PURPOSES. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 KY X X MATTHEW BACON 5025854649 325 WEST MAIN STREET SUITE 1110 LOUISVILLE KY 40202 RONALD GALLO PRESIDENT 0.10 49.90 X X 0 343699 10876 DAVID TACHAU CHAIR, ENDED 10/23 0.10 6.00 X X 0 0 0 LIZ FUST CHAIR 0.10 6.00 X X 0 0 0 LOPA MEHROTRA VICE CHAIR, START 10/23 0.10 6.00 X X 0 0 0 MATTHEW BACON TREASURER 0.10 49.90 X X 0 222240 18989 DEBORAH WILLIAMS SECRETARY, ENDED 10/23 0.10 6.00 X X 0 0 0 DANA JACKSON SECRETARY, START 10/23 0.10 6.00 X X 0 0 0 HEATHER CASH DIRECTOR 0.10 49.90 X 0 144135 22407 KRIS SIRCHIO DIRECTOR, ENDED 10/23 0.10 0.00 X 0 0 0 STEPHEN KERTIS DIRECTOR, START 10/23 0.10 3.00 X 0 0 0 0 710074 52272 0 0 1 0 0 0 0 0 0 0 0 0 0 850000 900000 850000 900000 850000 0 0 X 900000 850000 900000 850000 900000 850000 0 -50000 0 X X 0 1 X 1 0 X X X 1 COMMUNITY FOUNDATION OF LOUISVILLE INC 310997017 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 850000 850000 850000 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (CODE). ADDITIONALLY, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE CONTEXT OF SECTION 509(A) OF THE CODE. WHEN APPLICABLE, THE FOUNDATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 RONALD GALLO PRESIDENT 0 338365 0 0 0 5334 0 10162 0 714 0 354575 0 0 MATTHEW BACON TREASURER 0 221274 0 0 0 966 0 6830 0 12159 0 241229 0 0 HEATHER CASH DIRECTOR 0 143829 0 0 0 306 0 4614 0 17793 0 166542 0 0 PART I, LINE 3 THE RELATED ORGANIZATION USES THE FOLLOWING TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE EXECUTIVE COMMITTEE AND THE BOARD FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE RETURN IS REVIEWED FIRST BY INTERNAL MANAGEMENT. AFTER INTERNAL MANAGEMENT HAS REVIEWED AND ANY CHANGES ARE MADE, A DRAFT IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. ONCE COMMENTS FROM THE BOARD ARE REVIEWED, THE FINAL DRAFT OF THE RETURN IS PREPARED AND SIGNED BY THE TREASURER. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES MAY NOT ENGAGE IN ACTIVITIES THAT MIGHT INTERFERE WITH THE DISCHARGE OF THEIR RESPONSIBILITY OR IN TRANSACTIONS THAT REASONABLY MIGHT AFFECT THE JUDGMENT EXERCISE ON BEHALF OF THE ORGANIZATION. IF THERE HAVE BEEN ANY CHANGES THAT MAY BE A POTENTIAL CONFLICT OF INTEREST, INDIVIDUALS SHOULD NOTIFY THE PRESIDENT & CEO. OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM FROM TIME TO TIME WHICH THE ORGANIZATION WILL KEEP ON FILE. OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE ALWAYS EXPECTED TO USE GOOD JUDGMENT AND TO ADHERE TO HIGH ETHICAL STANDARDS. IN DOING SO, THEY WILL CONDUCT THEIR AFFAIRS IN SUCH A MANNER AS TO AVOID ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE ORGANIZATION BELIEVES THAT ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES SHOULD NOT BE INHIBITED SOLELY BECAUSE OF POTENTIAL CONFLICTS OF INTEREST. IN FACT, THE ORGANIZATION BELIEVES THAT CONFLICTS OF INTEREST CAN BEST BE HANDLED THROUGH FULL DISCLOSURE OF SUCH INTERESTS, TOGETHER WITH NONINVOLVEMENT IN ANY VOTE WHERE SUCH A CONFLICT EXISTS. EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS REQUESTED TO PROVIDE ANNUALLY TO THE PRESIDENT OF CFL A LIST OF OFFICES AND DIRECTORSHIPS HE OR SHE HOLDS IN CHARITABLE AND BUSINESS ORGANIZATIONS, AND TO IDENTIFY HIS OR HER PLACE OF EMPLOYMENT OR PRINCIPAL BUSINESS ACTIVITY. OFFICERS, DIRECTORS AND KEY EMPLOYEES SHOULD DISCLOSE A CONFLICT OF INTEREST: - PRIOR TO VOTING ON OR OTHERWISE DISCHARGING HIS OR HER DUTIES. - PRIOR TO ENTERING ANY CONTRACT WHICH COMES BEFORE THE BOARD OR ANY COMMITTEE. - AS SOON AS POSSIBLE AFTER THE INDIVIDUAL LEARNS OF A CONFLICT OF INTEREST IN ANY OTHER CONTEXT. DISCLOSURES SHOULD BE MADE TO THE BOARD CHAIR, PRESIDENT OF CFL, OR IN THE CASE OF A COMMITTEE, TO THE CHAIRPERSON OF THAT COMMITTEE. THE MINUTES OF THE MEETING SHOULD REFLECT THAT APPROPRIATE DISCLOSURE WAS MADE, AND THAT THE INTERESTED PARTY ABSTAINED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES CURRENTLY; HOWEVER, THEY FOLLOW THE POLICIES AND PROCEDURES FOR DETERMINING COMPENSATION AS ESTABLISHED BY THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. THE EXECUTIVE COMMITTEE OF THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. REVIEWS MARKET SURVEY INFORMATION ANNUALLY TO DETERMINE AND APPROVE A FAIR AND REASONABLE COMPENSATION FOR THE PRESIDENT/CEO AND FOR THE COO/CFO. THE COO/CFO AND PRESIDENT/CEO OF THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. REVIEW A MARKET COMPENSATION STUDY PERFORMED EVERY OTHER YEAR TO DETERMINE A FAIR AND REASONABLE COMPENSATION FOR ALL OTHER STAFF MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE AND UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE PUBLICLY AVAILABLE. FORM 990, PAGE 12, PART XII LINE 2C THE REAL ESTATE LEGACY FOUNDATION OF KENTUCKY, INC. IS AUDITED AS PART OF THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. COMBINED GROUP. THE REAL ESTATE LEGACY FOUNDATION OF KENTUCKY, INC. IS INCLUDED IN THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. AND AFFILIATES COMBINED FINANCIAL STATEMENTS. THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. HAS AN AUDIT/FINANCE COMMITTEE THAT OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR FOR THE COMBINED GROUP. THE COMMUNITY FOUNDATION OF LOUISVILLE DEPOSITORY 325 W MAIN STREET SUITE 1110 LOUISVILLE KY 40202 311140889 FACILITATE INDIVIDUAL DONORS' CHARITABLE GIVING KY 501(C)(3) 7 COMMUNITY FOUNDATION OF LOUISVILLE INC 1 THE COMMUNITY FOUNDATION OF LOUISVILLE CORPORATE DEPOSITORY 325 W MAIN STREET SUITE 1110 LOUISVILLE KY 40202 611100993 FACILITATE INDIVIDUAL DONORS' CHARITABLE GIVING KY 501(C)(3) 7 COMMUNITY FOUNDATION OF LOUISVILLE INC 1 FELIX E MARTIN JR FOUNDATION INC 325 W MAIN STREET SUITE 1110 LOUISVILLE KY 40202 262193468 TYPE I SUPPORTING ORGANIZATION - MAINTAIN AND RECEIVE CONTRIBUTIONS KY 501(C)(3) 11 TYPE I COMMUNITY FOUNDATION OF LOUISVILLE INC 0 THE COMMUNITY FOUNDATION OF LOUISVILLE INC 325 W MAIN STREET SUITE 1110 LOUISVILLE KY 40202 310997017 FACILITATE INDIVIDUAL DONORS' CHARITABLE GIVING KY 501(C)(3) 7 N/A 1 LOUISVILLE PRESERVATION FUND INC 323 W BROADWAY SUITE 700 LOUISVILLE KY 40202 462871014 TYPE I SUPPORTING ORGANIZATION - MAINTAIN AND RECEIVE CONTRIBUTIONS KY 501(C)(3) 11 TYPE I COMMUNITY FOUNDATION OF LOUISVILLE INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0