Foundation News & Updates

The Carol Ann and Ralph V. Haile, Jr. Foundation Announces Return to Covington Roots - (April 3, 2025)

The Carol Ann and Ralph V. Haile, Jr. Foundation is proud to announce its return to Northern Kentucky, establishing its new home in Downtown Covington at Ralph Haile Square—the very building where Ralph V. Haile, Jr. spent much of his professional life.

After many years of operating from the Cincinnati side of the Ohio River, the Foundation has made the meaningful decision to relocate to the historic former People’s Liberty Bank complex at 6th and Madison. This move marks a symbolic and intentional return to the place where Ralph Haile built his legacy in community banking and civic leadership.

Ralph Haile, known for his signature bow tie, quick smile, and commitment to revitalizing Covington’s urban core, served as CEO of Peoples Liberty Bank and Trust Company. A former Army Air Corps pilot, he was a driving force behind many transformative projects in Northern Kentucky, including Old Town Plaza, MainStrasse, and the Licking Riverside neighborhood. Ralph’s wife, Carol Ann, brought a vibrant spirit to both civic life and community giving, championing arts and culture initiatives and volunteering her time to causes she held dear. Together, they shared a deep belief in giving back—through leadership, philanthropy, and personal connection to the communities they served.

Foundation President & CEO, Bernie McKay, remarked “Mr. Haile’s former office will be converted into the Foundation’s new board room, where the governing body of the Foundation will evaluate and determine how best to carry out Mr. and Mrs. Haile’s legacy.  This is a homecoming in the best sense of the word.”

From this new home base, the Foundation remains deeply committed to its mission of enhancing the vitality of communities in the tri-state region through strategic investments in arts and culture, education, civic and community and human services. The Haile Foundation looks forward to continuing its work from this new home beginning in the Fall of 2025, where history, community, and future impact come together under one roof.

Press Release Haile Foundation celebrates milestone of $200 million in grantmaking and welcomes new members to its Advisory Committee. (January 22, 2025)

Press Release announcing the hiring of new Program Managers.

The Haile Foundation is pleased to announce its list of 2023 grant recipients.

Announcing the Recipients of the 2023 Haile Foundation Grants to Honor Tim and Leslie Maloney

The Haile Foundation is pleased to announce its list of 2022 grant recipients.

Statement from the Advisory Committee announcing Bernie McKay as the next President & CEO of the Haile Foundation.

Press Release announcing the retirement of President & CEO Tim Maloney and Senior Vice President & Education Program Manager Leslie Maloney

“Visionary leaders of high profile Cincinnati foundation to exit” Cincinnati Business Courier (December 2, 2021)

Message from President & CEO Tim Maloney regarding the Foundation’s name change. (January 5, 2021)

“Haile Foundation simplifies name, but not its mission” Cincinnati Business Courier (January 7, 2021)

Message from President & CEO Tim Maloney regarding the Foundation’s new office. (November 30, 2020)