Louie Davis Foundation
- Assets
- $4.1m
- Revenue
- $125.6k
- Investments
- $3.9m
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 47-1673475
Organization Overview
Louie Davis Foundation is located in Shreveport, LA. The organization was established in 2014. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louie Davis 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 12/2023, Louie Davis Foundation generated $125.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $324.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Louie Davis Foundation has awarded 172 individual grants totaling $1,180,100. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Pugh President | 0 | $0 | |
Heather Miller Treasurer | 0 | $0 | |
Jean Cottingham Secretary | 0 | $0 | |
Mary Jo Hicks Board Member | 0 | $0 | |
Dianne Davis Hanes Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33,142 |
| Dividends & Interest | $116,853 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,416 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125,579 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $137 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,335 |
| Contributions, gifts, grants paid | $297,000 |
| Total expenses and disbursements | $324,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,831 |
| Savings and temporary cash investments | $160,072 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,123,762 |
| Accounts payable and accrued expenses | $213 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $213 |
Grants Awarded
Over the last fiscal year, Louie Davis Foundation has awarded $297,000 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
BACKSIDE BENEVOLENCE FUND INC PURPOSE: RELIGIOUS | $3,500 |
CADA PURPOSE: ADDICTION TREATMENT | $22,000 |
CADDO COUNCIL ON AGING PURPOSE: HUMANITARIAN | $10,000 |
CATHOLIC CHARITIES OF SOUTHWEST LA PURPOSE: RELIGIOUS | $2,000 |
CHILDREN AND ARTHRITIS INC PURPOSE: HUMANITARIAN | $4,000 |
FOODBANK OF NORTHWEST LOUISIANA PURPOSE: HUMANITARIAN | $15,000 |