Ludington Family Foundation

Organization Overview

Ludington Family Foundation is located in Sanford, MI. The organization was established in 1996. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ludington Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Ludington Family Foundation generated $110.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $41.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Ludington Family Foundation has awarded 98 individual grants totaling $112,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $39,278
Interest on Savings $0
Dividends & Interest $36,917
Net Rental Income$0
Net Gain on Sale of Assets $34,223
Capital Gain Net Income $34,223
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $110,418

Grants Awarded

Over the last fiscal year, Ludington Family Foundation has awarded $25,350 in support to 26 organizations.

Grant RecipientAmount

ALBION COLLEGE ENDOWMENT

PURPOSE: OPERATING

$7,000

FIRST UNITED METHODIST CHURCH

PURPOSE: OPERATING

$4,500

MIDLAND AREA COMMUNITY FOUNDATION

Org PageRecipient Profile

Midland, MI

PURPOSE: OPERATING

$3,000

UNITED WAY OF MIDLAND COUNTY

Org PageRecipient Profile

Midland, MI

PURPOSE: OPERATING

$1,100

ALBION COLLEGE ANNUAL FUND

PURPOSE: OPERATING

$1,000

UNIVERSITY OF SAN DIEGO SCHOOL OF LAW

PURPOSE: OPERATING

$1,000
View Grant Profile

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