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Hortense B Perry Foundation Inc

EIN 61-1251540 · Louisville, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak35 out of 100GovernanceFair62 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF THE HORTENSE B. PERRY FOUNDATION, INC. IS COMMITTED TO PROVIDING RESOURCES AND SERVICES WITHIN THE COMMUNITY WITH A FOCUS ON EDUCATION, HEALTH, LEADERSHIP DEVELOPMENT, ECONOMIC EMPOWERMENT, AND THE VISUAL AND PERFORMING ARTS. OUR TOP PRIORITIES ARE:EDUCATION, HEALTH, AND ECONOMIC EMPOWERMENT.

Income
$241,617
Spending
$282,239
Spent on programs
85%
Reserves
-33.8 months of spending
Largest source of income
donations and private grants, 67%
Employees
0
Volunteers
100

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 35 out of 100. Higher than 6% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 69% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 17% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 62 out of 100. Higher than 46% of charities in its peer group (philanthropy, under $250k).

  • Independent board

    25 of 25

    23 of 23 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $240,059 spent. THE HBP FOUNDATION PRESENTS SCHOLARSHIPS TO AREA HIGH SENIORS EACH YEAR. IN 2023, WE PRESENTED 18 SCHOLARSHIPS FOR A TOTAL OF $45,750 TO AREA SENIORS. SCHOLARSHIPS IN 2024 TOTALED MORE THAN $53,000.ANOTHER MAJOR PROGRAM OF THE FOUNDATION IS THE SALUTE TO WOMEN ENTREPRENEURS AND EMERGENT LEADERS. THIS PROGRAM CELEBRATES AREA WOMEN WHO HAVE MADE OBTAINED SUBSTANTIAL PERSONAL ACHIEVEMENTS AND MADE SIGNIFICANT IMPACT IN THE COMMUNITY. ANOTHER MAJOR PROJECT INVOLVES WORKING WITH MIDDLE SCHOOL YOUTH UNDER OUR LEAF (LEADERSHIP, ENGAGEMENT, ACHIEVEMENT AND FUTURE) PROGRAM. THIS PROGRAM FOCUSES ON EMPOWERING MIDDLE SCHOOL STUDENTS TO BE CONFIDENT, EMBRACE THEIR STRENGTHS AND TALENTS, UNDERSTAND THE IMPORTANCE OF COMMUNITY SERVICE, AND EMBRACE PUBLIC SPEAKING.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1994.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.