The Gheens Foundation

What The Gheens Foundation does

The Gheens Foundation is a private, family-founded charitable foundation established in 1957 by C. Edwin and Mary Jo Gheens, headquartered in Louisville, Kentucky. It operates as a grantmaking entity that distributes approximately $8 million annually to qualifying 501(c)(3) nonprofit organizations, public school districts, and select governmental entities, with a programmatic emphasis on education, human and social services, quality of place, and the arts. Since its inception, the Foundation has distributed over $175 million in charitable grants to more than 650 charitable organizations.

The Foundation's geographic service area is bifurcated: it serves Metro Louisville (Bullitt, Henry, Jefferson, Oldham, Shelby, Spencer, and Trimble counties in Kentucky; Clark, Floyd, Harrison, and Washington counties in Indiana) directly, while fulfilling its Louisiana philanthropy through the Bayou Community Foundation in Lafourche and Terrebonne parishes. Minimum eligibility requires applicants to have more than $50,000 in gross unrestricted revenue (per most recent Form 990) and the minimum grant request is $10,000, with a one-application-per-12-month cadence. The Foundation uses the YourCause Grants online portal for intake and recommends participation in the Better Business Bureau Charity Review process.

The underlying business model is that of a traditional endowment payout foundation: assets are invested under sound management principles, with approximately 5% of the average fair value of non-charitable use assets distributed annually. There is no commercial product, no proprietary technology platform, and no fee structure; the organization is supported by a small staff (1-10 employees) and governed by a Board of Trustees currently led by Phoebe A. Wood (Chair, effective January 1, 2026) and Lori H. Flanery (President & CEO, since November 2025).

Name

The Gheens Foundation

Legal name

The Gheens Foundation

Website

http://www.gheensfoundation.org

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

The Gheens Foundation improves the quality of life for all citizens and institutions of metropolitan louisville.

Ownership category

akta.pro rank

Product category

Private Foundation Grantmaking

NAICS

Grantmaking Foundations (813211)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industry

Education Grantmaking Foundations (BPAGAKAK)

Keywords

• Charitable grant funding
• Philanthropic foundation grants
• Nonprofit endowment support
• Community grantmaking programs
• Private foundation philanthropy

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Foundation Endowment Returns: The Foundation distributes approximately 5% of the average fair value of its non-charitable use assets annually to qualifying organizations. The Foundation follows generally accepted sound investment management principles in investing Foundation assets to meet grant-making objectives while preserving and building assets for the long term.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

The Gheens Foundation is a private charitable foundation that distributes approximately $8 million in grants annually to qualifying 501(c)(3) nonprofit organizations in the Metro Louisville area (Kentucky and Indiana counties) and in Lafourche and Terrebonne parishes in Louisiana. Grants emphasize education, human and social services, quality of place, and the arts. The Foundation has distributed over $175 million in charitable grants since its inception in 1957.

Differentiator

Problem solved

Functional benefit

Products and services

• Metro Louisville Grant Program Annual grant funding program for qualifying IRC 501(c)(3) organizations and certain Louisville Metro government-related entities located in Bullitt, Henry, Jefferson, Oldham, Shelby, Spencer and Trimble counties (KY) and Clark, Floyd, Harrison and Washington counties (IN). Emphasis on education, human and social services, quality of place, and the arts. Minimum grant request is $10,000; organizations may apply once every 12 months, provided any previously approved grants have been fully paid.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Bayou Community FoundationcoreChannel Partner/ Reseller/ DistributorThe Foundation has established a strong relationship with the Bayou Community Foundation which now serves as the channel through which the Gheens Foundation fulfills its philanthropic support in Louisiana. For more information about their grant-making process, please visit bayoucf.org. This partnership enables the Gheens Foundation to effectively serve qualifying organizations in Lafourche and Terrebonne parishes.
• Better Business Bureau (BBB) Charity ReviewminorStrategic or Co-development PartnerThe Foundation recommends but does not require participation in the Better Business Bureau Charity Review process. The BBB serving Louisville, Western Kentucky, and Southern Indiana performs charity reviews and develops reports on local charities to promote public confidence in charities and encourage charitable giving.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• James Graham Brown Foundation: Louisville-based private foundation established in 1946 that funds education, civic, and quality-of-life initiatives in the Louisville metro area. Directly comparable to Gheens as a Kentucky-anchored private family foundation with overlapping geographic and programmatic priorities.
• Community Foundation of Louisville: Regional community foundation serving the Louisville metro area with discretionary and donor-advised grantmaking across education, human services, arts, and quality of place. Comparable to Gheens in target geography and grant focus, with a community-foundation rather than family-foundation structure.
• Owsley Brown Frazier Foundation: Louisville private foundation established by the Brown-Forman heir focused on youth, education, and community in the Louisville region. Closely mirrors Gheens in scale, governance, and Louisville-centric grantmaking focus.
• Brown-Forman Foundation: Louisville-based corporate foundation affiliated with Brown-Forman, supporting community and arts causes in the Louisville metro. Comparable corporate/regional funder with overlapping leadership ties to Gheens through Phoebe Wood's Brown-Forman background.
• Cralle Foundation: Kentucky-based private foundation supporting education, health, and community causes across the Commonwealth. Comparable in scale, structure, and place-based grantmaking philosophy.
• Greater New Orleans Foundation: Regional community foundation serving Southeast Louisiana, including the bayou parishes where Gheens channels grants via the Bayou Community Foundation. Comparable Gulf Coast funder with overlapping Louisiana geographic and social-services focus.
• Kosair Charities: Louisville-based charitable organization supporting children's health, education, and welfare across Kentucky and Southern Indiana. Comparable in geographic focus, scale, and nonprofit grantmaking role to Gheens.
• William T. Grant Foundation: Private foundation focused on youth development, education, and social science research with structured grantmaking cycles. Comparable in governance discipline, restricted funding priorities, and minimum grant size structure to Gheens.

Broad incumbents

• Kresge Foundation: National private foundation with broad programming across education, health, environment, arts, and community development. Much larger than Gheens but comparable in operating philosophy as a place-based, multi-issue private foundation.

Regional players

• Baptist Foundation of Louisiana: Louisiana-based private foundation providing charitable grants across the state, with emphasis on education and community services. Comparable as a regional private foundation operating in the Louisiana parishes Gheens serves via its Bayou Community Foundation partnership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gheens-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about The Gheens Foundation