Skip to main content

Nonprofit · EIN 27-2222303

REPUBLIC BANK FOUNDATION INC

Tax-exempt · LOUISVILLE, KY 40202

Financials

$860K$1.4M2023$1.4M$1.5M2024$1.4M$1.6M2025
Revenue Expenses · by fiscal year end
Financials of REPUBLIC BANK FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,439,600$1,637,529-$197,929$7,078,167$0$7,078,167
December 31, 2024990-PF$1,357,335$1,517,108-$159,773$7,303,994$0$7,303,994
December 31, 2023990-PF$859,868$1,430,729-$570,861$7,464,374$0$7,464,374
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$250,100
Interest
$181
Net gain from sales of assets
$1,185,730
Other income
$3,589

Expenses

Grants and similar amounts paid
$1,513,218
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$1,515,733
Excise tax on investment income
$18,612

Balance sheet and other

Total assets, start of year
$7,303,994
Total assets, end of year
$7,078,167
Total liabilities, end of year
$0
Net assets, end of year
$7,078,167
Fair market value of assets
$12,641,493
Qualifying distributions
$1,515,733
Net investment income
$1,436,011

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CAROLLE JONES CLAY
601 West Market Street, Louisville, KY 402022745
PRESIDENT1$0
ANDREW TRAGER-KUSMAN
601 West Market Street, Louisville, KY 402022745
SECRETARY1$0
KEVIN SIPES
601 West Market Street, Louisville, KY 402022745
TREASURER1$0
STEVEN E TRAGER
601 West Market Street, Louisville, KY 402022745
DIRECTOR1$0
WILLIAM SUMMERS
601 West Market Street, Louisville, KY 402022745
DIRECTOR1$0
LOGAN PICHEL
601 West Market Street, Louisville, KY 402022745
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
CAROLLE JONES CLAY
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
PRESIDENT0$0
JOHN RIPPY
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
SECRETARY0$0
KEVIN SIPES
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
TREASURER0$0
STEVEN E TRAGER
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
DIRECTOR0$0
WILLIAM SUMMERS
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
DIRECTOR0$0
LOGAN PICHEL
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
STEVEN E TRAGER
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
DIRECTOR0$0
WILLIAM SUMMERS
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
DIRECTOR0$0
CAROLLE JONES CLAY
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
PRESIDENT0$0
JOHN RIPPY
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
SECRETARY0$0
KEVIN SIPES
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
TREASURER0$0
LOGAN PICHEL
601 WEST MARKET STREET, LOUISVILLE, KY 402022745
DIRECTOR0$0

Address and contacts

Address (IRS master file)
601 WEST MARKET STREET, LOUISVILLE, KY 40202-2745
In care of
% KEVIN SIPES
Signed the 990-PF
KEVIN SIPES, TREASURER
Phone
(502) 560-8628
Return prepared by
Forvis Mazars LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-2222303
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,078,167
Income (IRS master file)
$3,599,330

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,439,600$1,637,529$7,078,167IRS
990-PFDecember 2024$1,357,335$1,517,108$7,303,994IRS
990-PFDecember 2023$859,868$1,430,729$7,464,374XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2222303).

Questions about REPUBLIC BANK FOUNDATION INC

What is the EIN of REPUBLIC BANK FOUNDATION INC?
The employer identification number (EIN) of REPUBLIC BANK FOUNDATION INC is 27-2222303.
Is REPUBLIC BANK FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to REPUBLIC BANK FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does REPUBLIC BANK FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of REPUBLIC BANK FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REPUBLIC BANK FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of REPUBLIC BANK FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does REPUBLIC BANK FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,439,600, expenses of $1,637,529 and total assets of $7,078,167 at year end.

Other nonprofits in LOUISVILLE

All nonprofits in LOUISVILLE · Kentucky · Philanthropy, voluntarism and grantmaking foundations