Fred B Luddy Family Foundation Inc

Organization Overview

Fred B Luddy Family Foundation Inc is located in Rancho Santa Fe, CA. The organization was established in 2014. 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. Fred B Luddy Family Foundation Inc 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, Fred B Luddy Family Foundation Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $829.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Fred B Luddy Family Foundation Inc has awarded 53 individual grants totaling $8,960,366. 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)Compensation
Will Stout
CFO
$0
Jon Corn
CEO
$0
Cristy Guzzetta
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,999,998
Interest on Savings $0
Dividends & Interest $62
Net Rental Income$0
Net Gain on Sale of Assets $93,827
Capital Gain Net Income $1,093,826
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,093,887

Grants Awarded

Over the last fiscal year, Fred B Luddy Family Foundation Inc has awarded $810,000 in support to 3 organizations.

Grant RecipientAmount

NEW CASTLE COMMUNITY SCHOOL

PURPOSE: GENERAL OPERATIONS

$500,000

EISENHOWER MEDICAL CENTER

Org PageRecipient Profile

Rancho Mirage, CA

PURPOSE: GENERAL OPERATIONS

$235,000

San Diego, CA

PURPOSE: GENERAL OPERATIONS

$75,000
View Grant Profile

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