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+1.502.584.4650

The Gheens Foundation
401 West Main Street  Louisville KY 40202

THE GHEENS FOUNDATION

 

Philanthropy Guidelines


The Foundation will distribute approximately 5% of the average fair value of its non-charitable use assets annually to qualifying organizations located in the Metro Louisville area: Bullitt, Henry, Jefferson, Oldham, Shelby, Spencer and Trimble counties (KY); Clark, Floyd, Harrison and Washington counties (IN); and to the Bayou Community Foundation for qualifying organizations in Lafourche and Terrebonne parishes in Louisiana.


First-time applicants must have received more than $50,000 in gross unrestricted revenue per its most recent Form 990 or an average of $50,000 for its past three consecutive years.

The minimum grant application request amount is $10,000.

Organizations may apply once every 12 months, provided any previously approved grants have been fully paid. 


Qualifying organizations include IRC 501( c )(3) organizations in good standing with the IRS and the Commonwealth of Kentucky, and certain Louisville Metro government-related entities without a separate 501( c )(3) status, such as Jefferson County Public Schools.


The Foundation does not make grants to the following:


- Endowments


- Foundations, except those that solely support a single qualifying organization, such as a university.


- “Churches”  (congregations, conventions, associations)


- Hospitals, primary care facilities or medical research


- Nursing homes, convalescent homes, senior living and retirement communities, long-term care facilities and other such geriatric organizations


- Private kindergartens, nursery schools, preschools, early admissions schools or high schools


- Private elementary or middle schools, except those whose sole mission is to (a) students with learning differences or (b) schools with 100% of the student body qualifying for free/reduced lunch.


- Student financial aid, including scholarships, grants, loans or work study funds


- Individuals


- Political entities


- Fund-raising entities / Sponsorships