Al Ludwig Memorial Fund is located in Ligonier, PA. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. AL Ludwig Memorial Fund 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, AL Ludwig Memorial Fund generated $62.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $12.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AL LUDWIG MEMORIAL FUND SCHOLARSHIP - TO PROVIDE FINANCIAL SUPPORT TO A LIGONIER VALLEY HIGH SCHOOL GRADUATING SENIOR WHO STANDS OUT ABOVE THEIR PEERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Ludwig President | 4 | $0 | |
Deneen Zaetta Vice President | 3 | $0 | |
Cindy Shaffer Secretary | 3 | $0 | |
Bernie Lynch Treasurer | 3 | $0 | |
Marty Rovedatti-Jackson Board Member | 1 | $0 | |
Christopher Zaetta Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $36,934 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $25,355 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,289 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $625 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,381 |
Other expenses | $4,471 |
Total expenses | $12,432 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $184,716 |
Other assets | $0 |
Total assets | $184,966 |
Total liabilities | $5,000 |
Net assets or fund balances | $179,966 |