Nonprofit · EIN 61-6031406
GHEENS FOUNDATION INC
Tax-exempt · LOUISVILLE, KY 40202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-PF | $11,908,915 | $8,344,984 | $3,563,931 | $161,361,923 | $2,115,651 | $159,246,272 |
| October 31, 2024 | 990-PF | $14,936,657 | $8,077,237 | $6,859,420 | $158,801,956 | $1,531,197 | $157,270,759 |
| October 31, 2023 | 990-PF | $8,574,103 | $7,180,138 | $1,393,965 | $155,890,260 | $1,494,045 | $154,396,215 |
Financial details: 990-PF for the year ended October 31, 2025
Revenue
- Dividends
- $3,102,978
- Interest
- $5,482
- Net gain from sales of assets
- $8,146,457
- Other income
- $653,998
Expenses
- Grants and similar amounts paid
- $6,847,500
- Compensation of officers, directors and key employees
- $512,838
- Salaries, compensation and benefits (total)
- $181,013
- Disbursements for charitable purposes
- $7,100,159
- Excise tax on investment income
- $157,788
Balance sheet and other
- Total assets, start of year
- $158,801,956
- Total assets, end of year
- $161,361,923
- Total liabilities, end of year
- $2,115,651
- Net assets, end of year
- $159,246,272
- Fair market value of assets
- $190,650,242
- Qualifying distributions
- $7,100,159
- Net investment income
- $11,908,915
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARRY G ALLEN 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | PRESIDENT/TREASURER | 40 | $285,000 | $17,100 |
| KATHY KNOTTS 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | SR VP & DIRECTOR GRA Highest-paid employee | 40 | $155,833 | $9,350 |
| MICHAEL B MOUNTJOY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/CHAIR | 9 | $82,000 | $0 |
| PHOEBE A WOOD 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/CHAIR ELECT/INV COMM CHAIR | 2 | $33,750 | $0 |
| LORI H FLANERY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/AUDIT COMMITEE CHAIR | 2 | $31,417 | $0 |
| JOHN R CROCKETT III 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/SECRETARY/COMP COMM CHAIR | 2 | $29,167 | $0 |
| CAROLYN W TANDY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE | 1.5 | $25,750 | $0 |
| JAMES J LANCASTER 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE | 1.5 | $25,750 | $0 |
990-PF for the year ended October 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARRY G ALLEN 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | PRESIDENT/TREASURER | 40 | $290,833 | $17,450 |
| KATHY KNOTTS 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | SR VP & DIRECTOR GRA Highest-paid employee | 40 | $145,417 | $8,725 |
| MICHAEL B MOUNTJOY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/CHAIR/CEO | 9 | $89,000 | $0 |
| PHOEBE A WOOD 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/INVESTMENT COMMITTEE CHAIR | 2 | $32,000 | $0 |
| LORI H FLANERY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/AUDIT COMMITTEE CHAIR | 2 | $32,000 | $0 |
| JOHN R CROCKETT III 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/SECRETARY/COMP COMMITTEE CHAIR | 2 | $28,000 | $0 |
| CAROLYN W TANDY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE | 1.5 | $24,000 | $0 |
| JAMES J LANCASTER 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE | 1.5 | $24,000 | $0 |
990-PF for the year ended October 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARRY G ALLEN 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | PRESIDENT/TREASURER | 40 | $269,583 | $27,132 |
| MICHAEL B MOUNTJOY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/CHAIR/CEO | 9 | $89,000 | $0 |
| PHOEBE A WOOD 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/INV COMMITTEE CH | 2 | $32,000 | $0 |
| LORI H FLANERY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/AUDIT COMMITTEE CHAIR | 2 | $32,000 | $0 |
| JOHN R CROCKETT III 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE/SECRETARY/COMP COMM CHAIR | 2 | $28,000 | $0 |
| CAROLYN TANDY 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE | 1.5 | $24,000 | $0 |
| JAMES J LANCASTER 401 WEST MAIN ST STE 705, LOUISVILLE, KY 40202 | TRUSTEE | 1.5 | $24,000 | $0 |
Address and contacts
- Address (IRS master file)
- 401 W MAIN ST, LOUISVILLE, KY 40202-2948
- Signed the 990-PF
- BARRY ALLEN, PRESIDENT & CEO
- Phone
- (502) 584-4650
- Website
- GHEENSFOUNDATION.ORG
- Return prepared by
- DEMING MALONE LIVESAY & OSTROFF PSC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990-PF on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-PF on file |
IRS record
- EIN
- 61-6031406
- 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
- 1959
- Accounting year ends
- October
- Files
- Form 990-PF
- Assets (IRS master file)
- $161,361,923
- Income (IRS master file)
- $166,205,389
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | October 2025 | $11,908,915 | $8,344,984 | $161,361,923 | XML |
| 990-PF | October 2024 | $14,936,657 | $8,077,237 | $158,801,956 | XML |
| 990-PF | October 2023 | $8,574,103 | $7,180,138 | $155,890,260 | XML |
| 990-PF | October 2022 | – | – | – | IRS |
| 990-PF | October 2021 | – | – | – | IRS |
| 990-PF | October 2020 | – | – | – | 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 61-6031406).
Questions about GHEENS FOUNDATION INC
- What is the EIN of GHEENS FOUNDATION INC?
- The employer identification number (EIN) of GHEENS FOUNDATION INC is 61-6031406.
- Is GHEENS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to GHEENS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GHEENS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GHEENS FOUNDATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GHEENS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended October 2025.
- Who are the officers and directors of GHEENS FOUNDATION INC?
- The 990-PF for the year ended October 31, 2025 lists 8 people; 8 received compensation from the organization, the highest $285,000 (BARRY G ALLEN, PRESIDENT/TREASURER).
- How much revenue does GHEENS FOUNDATION INC have?
- On its 990-PF for the year ended October 31, 2025 it reported revenue of $11,908,915, expenses of $8,344,984 and total assets of $161,361,923 at year end.
Other nonprofits in LOUISVILLE
- BAPTIST HEALTHCARE SYSTEM INC EIN 61-0444707 · last filed 990 for 2025
- NORTON HOSPITALS INC EIN 61-0703799 · last filed 990 for 2024
- UOFL HEALTH-LOUISVILLE INC EIN 84-3178470 · last filed 990 for 2025
- UNIVERSITY MEDICAL CENTER INC EIN 61-1293786 · last filed 990 for 2025
- COMMUNITY MEDICAL ASSOCIATES INC EIN 61-1276316 · last filed 990 for 2024
- BAPTIST HEALTH MEDICAL GROUP INC EIN 20-5497203 · last filed 990 for 2025
- NORTON HEALTHCARE INC EIN 61-1028725 · last filed 990 for 2024
- UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION INC EIN 61-1029626 · last filed 990 for 2025