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Republic Bank Foundation Inc

  • Louisville, KY
  • Tax-exempt since Jan. 2023
  • EIN: 27-2222303

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$860k (2023)

Expenses
$1.43M (2023)

Total Assets
$7.46M (2023)

Total Liabilities
$0 (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$859,868
Expenses
$1,430,729
Net Income
-$570,861
Net Assets
$7,464,374
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $814
0.1%
Dividends $259,311
30.2%
Sales of Assets $591,169
68.8%
Other Income $8,574
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,328,603
92.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,464,374
Total Liabilities $0
Net Assets $7,464,374
Compensation
Key Employees and Officers Compensation Other
Steven E Trager (Director) $0 $0
William Summers (Director) $0 $0
Carolle Jones Clay (President) $0 $0
John Rippy (Secretary) $0 $0
Kevin Sipes (Treasurer) $0 $0
Logan Pichel (Director) $0 $0
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Document Links

990-PF
Filed on May 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$714,169
Expenses
$1,501,362
Net Income
-$787,193
Net Assets
$8,041,622
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $449
0.1%
Dividends $244,588
34.2%
Sales of Assets $468,884
65.7%
Other Income $248
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,372,267
91.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,041,622
Total Liabilities $0
Net Assets $8,041,622
Compensation
Key Employees and Officers Compensation Other
Carolle Jones Clay (President) $0 $0
John Rippy (Secretary) $0 $0
Kevin Sipes (Treasurer) $0 $0
Steven E Trager (Director) $0 $0
William Summers (Director) $0 $0
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Document Links

990-PF
Filed on May 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,293,907
Expenses
$1,103,149
Net Income
$190,758
Net Assets
$8,850,689
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $48
0.0%
Dividends $265,909
20.6%
Sales of Assets $1,027,950
79.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $975,726
88.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,850,689
Total Liabilities $0
Net Assets $8,850,689
Compensation
Key Employees and Officers Compensation Other
Carolle Jones Clay (President) $0 $0
John Rippy (Secretary) $0 $0
Kevin Sipes (Treasurer) $0 $0
Steven E Trager (Director) $0 $0
William Summers (Director) $0 $0
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Document Links

990-PF
Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$902,935
Expenses
$1,408,930
Net Income
-$505,995
Net Assets
$8,657,262
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $375
0.0%
Dividends $224,248
24.8%
Sales of Assets $678,312
75.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,325,148
94.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,657,263
Total Liabilities $1
Net Assets $8,657,262
Compensation
Key Employees and Officers Compensation Other
Carolle Jones Clay (President) $0 $0
John Rippy (Secretary) $0 $0
Kevin Sipes (Treasurer) $0 $0
Steven E Trager (Director) $0 $0
William Summers (Director) $0 $0
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Document Links

990-PF
Filed on Oct. 19, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$828,519
Expenses
$1,505,203
Net Income
-$676,684
Net Assets
$9,229,434
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,925
0.2%
Dividends $256,881
31.0%
Sales of Assets $569,713
68.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,402,688
93.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,229,435
Total Liabilities $1
Net Assets $9,229,434
Compensation
Key Employees and Officers Compensation Other
Steve Trager (President) $0 $0
John Rippy (Secretary) $0 $0
Kevin Sipes (Treasurer) $0 $0

Document Links

990-PF
Filed on Nov. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$783,371
Expenses
$1,581,264
Net Income
-$797,893
Net Assets
$9,961,890
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,804
0.4%
Dividends $279,200
35.6%
Sales of Assets $501,367
64.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,492,038
94.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,961,890
Total Liabilities $0
Net Assets $9,961,890
Compensation
Key Employees and Officers Compensation Other
Steve Trager (President) $0 $0
John Rippy (Secretary) $0 $0
Kevin Sipes (Treasurer) $0 $0

Document Links

990-PF
Filed on Sept. 19, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$500,061
Expenses
$867,000
Net Income
-$366,939
Net Assets
$10,759,783
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,565
0.7%
Dividends $229,601
45.9%
Sales of Assets $266,895
53.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $771,412
89.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,759,783
Total Liabilities $0
Net Assets $10,759,783
Compensation
Key Employees and Officers Compensation Other
Steve Trager (President) $0 $0
John Rippy (Secretary) $0 $0
Kevin Sipes (Treasurer) $0 $0

Document Links

990-PF
Filed on June 11, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$540,113
Expenses
$730,716
Net Income
-$190,603
Net Assets
$11,476,110
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,824
0.9%
Dividends $197,396
36.5%
Sales of Assets $337,893
62.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $638,405
87.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,476,110
Total Liabilities $0
Net Assets $11,476,110

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$464,688
Expenses
$673,454
Net Income
-$208,766
Net Assets
$11,666,713
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,899
1.3%
Dividends $180,138
38.8%
Sales of Assets $278,651
60.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $590,425
87.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,666,713
Total Liabilities $0
Net Assets $11,666,713

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$349,405
Expenses
$472,697
Net Income
-$123,292
Net Assets
$11,875,479
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,301
1.8%
Dividends $122,144
35.0%
Sales of Assets $97,352
27.9%
Other Income $123,608
35.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $396,715
83.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,875,479
Total Liabilities $0
Net Assets $11,875,479

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,714,258
Expenses
$298,718
Net Income
$2,415,540
Net Assets
$11,976,731
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,500,000
92.1%
Interest Revenue $10,699
0.4%
Dividends $50,989
1.9%
Sales of Assets $9,551
0.4%
Other Income $143,019
5.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $252,155
84.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,976,731
Total Liabilities $0
Net Assets $11,976,731

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,119,361
Expenses
$476,217
Net Income
$4,643,144
Net Assets
$9,561,191
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,000,000
97.7%
Interest Revenue $28,707
0.6%
Dividends $6,972
0.1%
Sales of Assets $1,093
0.0%
Other Income $82,589
1.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $460,555
96.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,561,191
Total Liabilities $0
Net Assets $9,561,191

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

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E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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