Funder DirectoryTHE GHEENS FOUNDATION INC
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Private foundation (trust)EIN 616031406Est. 1959-08

THE GHEENS FOUNDATION INC

LOUISVILLE, KY 40202

Accepts unsolicited proposals

Total Assets

$173.4M

FY 2023

Annual Giving

$6.5M

FY 2023

Grants Made

163

FY 2023

Avg Grant

$40K

FY 2023

Grant Range

$3K–$400K

Typical

Deadlines

Submission deadlines are quarterly. Sp…

Applications

Financial Snapshot

2023 filing

Total Revenue

$14.9M

Total Expenses

$8.1M

Qualifying Distributions

$7.3M

Distributable Amount

$8.0M

Min. Investment Return

$8.2M

Payout rate 91%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.91%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

163 grants

Grant sizes from minimum $3K through median $25K to maximum $400K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2021 to 2023. Peak $7.8M in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

NEW DIRECTIONS HOUSING CORPORATION
$750K
3 grants
LOUISVILLE WATERFRONT DEVELOPMENT CORPORATION
$600K
3 grants
BAYOU COMMUNITY FOUNDATION
$600K
3 grants
UNIVERSITY OF LOUISVILLE FOUNDATION
$600K
2 grants
HOME OF THE INNOCENTS
$540K
3 grants
SIMMONS COLLEGE OF KENTUCKY INC
$500K
2 grants
RUSSELL DEVELOPMENT COMPANY
$500K
1 grant
BELLARMINE UNIVERSITY
$401K
2 grants

Grant Size Distribution

500 grants

<$10K
120
grants
$10–50K
300
grants
$50–250K
74
grants
$250K–1M
6
grants
$1–5M
$5M+

Geographic Focus

8 states

Kentucky
$19.8M
93% of total
Indiana
$690K
3% of total
Louisiana
$600K
3% of total
New York
$70K
0% of total
California
$45K
0% of total
Ohio
$10K
0% of total
Florida
$5K
0% of total
Georgia
$5K
0% of total

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THE GHEENS FOUNDATION INC — Grants, Financials & Contact | Grantivo