Louisville Metro Police Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Louisville Metro Police Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
To help ensure that Louisville is one of America’s safest cities by using private donations to provide the Louisville Metro Police Department and its officers with essential training, equipment, and programs not covered by tax dollars. The Foundation supports a safer Louisville one officer at a time.
Year, State Incorporated:
2005, KY
The Police Foundation focuses its spending in four categories: crime fighting, excellence in policing, health, and well-being of LMPD Officers, and community partnerships. Programs include but are not limited to: The Summit Wellness Center, Bring Peace Home to End Violence, and the Shop with a Cop Program. The Foundation purchases equipment ranging from dogs for the K-9 Unit to new horses for the Mounted Patrol. The Officer-in-Distress program supports officers and their families suffering from life threatening illnesses or other catastrophic events.
For the year ended June 30, 2023, Louisville Metro Police Foundation's program expenses were:
| Program services | $753,290 |
| Total Program Expenses | $753,290 |
Chief Executive
Rebecca Grignon Reker, Executive Director
Chair of the Board
Mr. Jim Ellis
Chair's Profession / Business Affiliation
Attorney
Board Size
30
Paid Staff Size
4
Method(s) Used:
Invitations to fund raising events, Grant proposals, Internet, Membership appeals, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Louisville Metro Police Foundation's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Contributions of cash and other financial assets | $1,818,460 |
| Special events, net | $343,889 |
| Net gain on investments | $190,769 |
| Rent income | $69,878 |
| Interest income | $39,376 |
| Contributions of nonfinancial assets | $30,623 |
| Total Income | $2,492,995 |
Programs: 82% Fundraising: 9% Administrative: 9%
| Total Income | $2,492,995 |
| Total expenses: | $918,401 |
| Program expenses | $753,290 |
| Fundraising expenses | $80,404 |
| Administrative expenses | $84,707 |
| Other expenses | $0 |
| Income in Excess of Expenses | $1,574,594 |
| Beginning Net Assets | $2,343,880 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $3,918,474 |
| Total Liabilities | $1,065,277 |
| Total Assets | $4,983,751 |
Total assets as reported above include $1,383,447 in property and equipment, net.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB serving Greater Kentucky and South Central Indiana