Ldg Development Foundation
- Assets
- $3.2k
- Revenue
- $277.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 83-4099012
Organization Overview
Ldg Development Foundation is located in Louisville, KY. The organization was established in 2020. 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. Ldg Development 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, Ldg Development Foundation generated $277.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $274.6k during the year ending 12/2021. While expenses have increased by 37.0% per year over the past 3 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 2019, Ldg Development Foundation has awarded 16 individual grants totaling $558,085. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL ASSOCIATION OF HOUSING & REDEVELOPMENT
UNIVERSITY OF LOUISVILLE
YOUTHBUILD LOUISVILLE
EVOVLVE502 INC
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Dischinger Chair | 1 | $0 | |
Scott Brian Treasurer | 1 | $0 | |
Christi Lanier-Robinson Secretary | 1 | $0 | |
William Shircliff Member At Large | 1 | $0 | |
Lisa Becker Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $277,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $277,000 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,550 |
| Contributions, gifts, grants paid | $268,085 |
| Total expenses and disbursements | $274,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,175 |
| Savings and temporary cash investments | $0 |
| 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 | $3,175 |
| 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, Ldg Development Foundation has awarded $268,085 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ASSOCIATION OF HOUSING AND REDEVELOPMENT PURPOSE: EDUCATIONAL PURPOSES | $100,000 |
DOUGLAS BLVD CHRISTIAN CHURCH PURPOSE: TO SUPPORT OPERATIONS | $82,500 |
Louisville, KY PURPOSE: EDUCATIONAL PURPOSES | $50,000 |
YOUTHBUILD LOUISVILLE PURPOSE: EDUCATIONAL PURPOSES | $20,000 |
Louisville, KY PURPOSE: EDUCATIONAL PURPOSES | $10,000 |
SPRING VALLEY FUNERAL HOME & CREMATION PURPOSE: DONATION FOR DEATH OF STUDENT | $2,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |