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Filing year 2023

University of Louisville Research Foundation

Louisville, Kentucky·EIN 61-1029626·NTEE B050 · Education·501(c)(3)
Total revenue
$651M
Total assets
$966.6M
Total expenses
$635M
Reported officers
25
Mission

The University of Louisville Research Foundation is organized for the purpose of promoting and supporting research projects, investigations, clinical services, and other activities relating to the missions of the University of Louisville.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President
75th to 90th percentilevs Education peers in Kentucky
$291k
$317k
Vice President
25th percentile to median
$58k
$64k
Vice President to 5/12/24
Vice President
25th percentile to median
$56k
$61k
Vice President to 2/12/24
Vice President
25th percentile to median
$49k
$53k
Former Vice President
Board Vice President
10th to 25th percentile
$48k
$53k
Former Treasurer
Former Officer/director/trustee
10th to 25th percentile
$43k
$47k
Former President
Former Officer/director/trustee
10th to 25th percentile
$34k
$38k
Director
Board Member
25th percentile to medianvs Education peers in Kentucky
$30k
$32k
Assistant Secretary
Secretary (Operational)
25th percentile to median
$24k
$26k
Director
Board Member
25th percentile to medianvs Education peers in Kentucky
$23k
$25k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at University of Louisville Research Foundation equaled 0.0% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.0%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $52k in 2022 to $291k in 2023.

$52k
2022
$291k
2023
In today's dollarsEst.
Up 432% in real terms$60k to $317k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 499% from 2022 to 2023, while revenue rose 3%.

$49k in 2022 to $291k in 2023.
  • Vice President pay rose 11% from 2022 to 2023.
  • Board Vice President pay rose 12% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

University of Louisville Research Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$631.9M
$589.9M
2022
$651M
$635M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Kentucky

Comparable education organizations in Kentucky pay their highest-earning executive a median of $72,222.

25th percentile
$32k
Median
$72,222
75th percentile
$150k
90th percentile
$313k

These are education sector-wide figures, not this organization's reported pay. Based on 249 organizations across 249 filings (2022 – 2024).

See full Education pay data for Kentucky
FAQ

Common questions about University of Louisville Research Foundation

What does the Chief Executive Officer of University of Louisville Research Foundation earn?

In 2023, the Chief Executive Officer of University of Louisville Research Foundation received $290,624 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Kentucky, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at University of Louisville Research Foundation compare with similar nonprofits?

Compared with the same role at Education organizations in Kentucky, the 2023 pay of the Chief Executive Officer at University of Louisville Research Foundation falls between the 75th and 90th percentiles. In 2023, the highest total compensation at University of Louisville Research Foundation equaled 0.0% of the organization's total expenses. The median for education organizations is 7%.

What are University of Louisville Research Foundation's revenue and expenses?

In 2023, University of Louisville Research Foundation reported $651M in total revenue and $635M in total expenses on its IRS Form 990.

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