The Christopher Ludwick Foundation
- Assets
- $5.2m
- Revenue
- $279.7k
- Investments
- $4.7m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/1972
- Data as of
- 04/2023
- EIN
- 23-6256408
Organization Overview
The Christopher Ludwick Foundation is located in Milwaukee, WI. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Christopher Ludwick 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 04/2023, Christopher Ludwick Foundation generated $279.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $314.4k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Christopher Ludwick Foundation has awarded 222 individual grants totaling $817,900. 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 |
|---|---|---|---|
Susan W Catherwood President | 0 | $0 | |
Rhonda R Cohen Vice President | 0 | $0 | |
William M Davison 4th Board Of Trustee | 0 | $0 | |
Margaret M Chin Board Of Trustee | 0 | $0 | |
William L Conrad Vice President & Treasurer | 0 | $0 | |
Bruce Gill Board Of Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $140,648 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,092 |
| Capital Gain Net Income | $139,092 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3 |
| Total Revenue | $279,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,043 |
| Total operating and administrative expenses | $18,871 |
| Contributions, gifts, grants paid | $295,550 |
| Total expenses and disbursements | $314,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $453,715 |
| 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 | $4,741,677 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,195,392 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Christopher Ludwick Foundation has awarded $295,550 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
ASAP AFTER SCHOOL ACTIVITIES PURPOSE: GENERAL OPERATING | $5,000 |
PENNSYLVANIA SOCIETY FOR BIOMEDICAL RESE PURPOSE: GENERAL OPERATING | $5,000 |
ASTRAL ARTISTS PURPOSE: GENERAL OPERATING | $3,000 |
AWBURY ARBORETUM ASSOCIATION PURPOSE: GENERAL OPERATING | $2,500 |
PHILADELPHIA YOUNG PURPOSE: GENERAL OPERATING | $6,000 |
MUSICOPIA INC PURPOSE: GENERAL OPERATING | $3,000 |