Louvin Foundation

Organization Overview

Louvin Foundation is located in Billings, MT. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Louvin 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, Louvin Foundation generated $812.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $117.7k during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Louvin Foundation has awarded 39 individual grants totaling $280,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENDITURES FOR HUMANITARIAN AID


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $548,461
Interest on Savings $0
Dividends & Interest $50,088
Net Rental Income$0
Net Gain on Sale of Assets $91,935
Capital Gain Net Income $91,935
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $121,747
Total Revenue $812,231

Grants Awarded

Over the last fiscal year, Louvin Foundation has awarded $103,000 in support to 11 organizations.

Grant RecipientAmount

MONTANA RESCUE MISSION

PURPOSE: HUMANITARIAN AID

$30,000

FIRST PRESBYTERIAN CHURCH

PURPOSE: HUMANITARIAN AID

$30,000

FAITH EVANGELICAL CHURCH

Org PageRecipient Profile

Billings, MT

PURPOSE: HUMANITARIAN AID

$10,000

FAMILY PROMISE OF YELLOWSTONE VALLEY

Org PageRecipient Profile

Billings, MT

PURPOSE: HUMANITARIAN AID

$5,000

YELLOWSTONE RIVER PARKS ASSOCITION

Org PageRecipient Profile

Billings, MT

PURPOSE: HUMANITARIAN AID

$5,000

Billings, MT

PURPOSE: HUMANITARIAN AID

$5,000
View Grant Profile

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