Also known as: CHARITABLE FOUNDATION
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Arthur R & Ruth D Lautz Charitable Foundation is a private corporation based in BROOKHAVEN, GA. The foundation received its IRS ruling in 2021. The principal officer is Karen Kropp. It holds total assets of $1.6M. Annual income is reported at $437K. The foundation is governed by 2 officers and trustees. Community Development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Georgia. According to available records, Arthur R & Ruth D Lautz Charitable Foundation has made 17 grants totaling $228K, with a median grant of $7K. The foundation has distributed between $103K and $125K annually from 2022 to 2023. Individual grants have ranged from $1K to $50K, with an average award of $13K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Georgia and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$25K
Average Grant
$31K
Largest Grant
$60K
Based on 5 grants from the most recent 990-PF filing.
Community Development
Expenses: $50K
Community Development. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in GA, NY.
Arthur R & Ruth D Lautz Charitable Foundation has distributed a total of $228K across 17 grants. The median grant size is $7K, with an average of $13K. Individual grants have ranged from $1K to $50K.
Arthur R & Ruth D Lautz Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Arthur R & Ruth D Lautz Charitable Foundation is headquartered in BROOKHAVEN, GA. While based in GA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Lautz | VICE PRESIDENT | $0 | $0 | N/A |
| Karen Kropp | PRESIDENT | $0 | $0 | N/A |
Total Giving
$152K
Total Assets
$1.5M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$103K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$80K
Total: $1.5M
Total Grants
17
Total Giving
$228K
Average Grant
$13K
Median Grant
$7K
Unique Recipients
12
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCOMMUNITY DEVELOPMENT | Atlanta, GA | $10K | 2023 |
| City Of RefugeCOMMUNITY DEVELOPMENT | Atlanta, GA | $8K | 2022 |
| High Museum ArtCOMMUNITY DEVELOPMENT | Atlanta, GA | $50K | 2023 |
| Atlanta Community Food BankCOMMUNITY DEVELOPMENT | Atlanta, GA | $26K | 2023 |
| The Giving KitchenCOMMUNITY DEVELOPMENT | Atlanta, GA | $7K | 2023 |
| Songs For Kids Foundation IncCOMMUNITY DEVELOPMENT | Atlanta, GA | $4K | 2023 |
| Lost N' FoundCOMMUNITY DEVELOPMENT | Atlanta, GA | $3K | 2023 |
| National Maritime Historical SocietyCOMMUNITY DEVELOPMENT | Peekskill, NY | $3K | 2023 |
| The Shepherd CenterCOMMUNITY DEVELOPMENT | Atlanta, GA | $50K | 2022 |
| Wellspring LivingCOMMUNITY DEVELOPMENT | Atlanta, GA | $15K | 2022 |
| Buckhead Christian MinistryCOMMUNITY DEVELOPMENT | Atlanta, GA | $8K | 2022 |
| Atlanta Musicians Emergency Relief FundCOMMUNITY DEVELOPMENT | Atlanta, GA | $2K | 2022 |