Russell: A Place of Promise

Russell: A Place of Promise is an initiative designed to be a national model for equitable community development in African-American communities, co-created with and accountable to Russell residents. With hundreds of millions of dollars being invested in and near Russell, action is needed to ensure that existing residents and businesses share in the ownership of community outcomes and are not displaced as a result of new development. The initiative will connect Russell residents and businesses that have been the backbone of the neighborhood with opportunities to build long-term individual and community wealth, and will give residents the power to shape intentional and targeted programs, policies and structures that will be implemented in the neighborhood.

Specifically, Russell: A Place of Promise will increase homeownership among Russell residents (currently 20% of residents are home owners), provide pathways to business ownership and promote the development of cooperatives and public benefit corporations, increase educational attainment, place more Russell residents with career-path job opportunities that pay a living wage, and increase access to health services. These activities are aimed at the root causes of health, violence and social mobility/wealth accumulation.

Donations will be used to fund activities related to individual and community wealth-building in Russell.

Individuals who would like to make a cash donation can make their check payable to the Community Foundation of Louisville and write Russell: A Place of Promise Fund in the memo line, and mail the check to:

Community Foundation of Louisville
325 W. Main Street, Suite 1110
Louisville, KY 40202
Individuals who would like to make a stock gift can contact Controller James Hill at or 502-855-6949 for stock transfer instructions.
You may make a secure credit card donation to support the Russell: A Place of Promise Fund below. (* denotes a required field). 100% of your donation goes to the charitable purpose of the fund.
All contributions represent an irrevocable contribution to The Community Foundation of Louisville and are not refundable.
This fund is a component fund at the Community Foundation of Louisville. Please select the anonymous button below in order to keep you contribution anonymous. Otherwise, the Fund Contact will receive details about your contribution including your contact information .
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Kate Biagi-Rickert
Director of Stewardship
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For questions about grant distributions from your fund, contact:

Michael Pfaff
Grants Associate

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For questions about gifts to your fund, contact:

Elise Waddell
Development & Stewardship Senior Associate

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325 W. Main Street, Suite 1110 / Louisville, KY 40202 / 502.585.4649