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Ldb Foundation is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1997. It holds total assets of $10.6M. Annual income is reported at $1.5M. Total assets have grown from $3.7M in 2011 to $10.6M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Georgia and Tennessee. According to available records, Ldb Foundation has made 7 grants totaling $735K, with a median grant of $50K. Individual grants have ranged from $3K to $300K, with an average award of $105K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Georgia and Tennessee and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$30K
Average Grant
$66K
Largest Grant
$300K
Based on 14 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ldb Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in GA, TN, MN.
Ldb Foundation has distributed a total of $735K across 7 grants. The median grant size is $50K, with an average of $105K. Individual grants have ranged from $3K to $300K.
Ldb Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ldb Foundation is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda D Brooks | PRES/DIRECTOR | $0 | $0 | N/A |
| Elizabeth Heaston | SECRETARY/TREASURER | $0 | $0 | N/A |
| Daniel A Brooks | VP/DIRECTOR | $0 | $0 | N/A |
| E Ashley Brooks | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10.6M
Fair Market Value
N/A
Net Worth
$10.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$735K
Average Grant
$105K
Median Grant
$50K
Unique Recipients
7
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Just People IncGENERAL FUNDING | Norcross, GA | $300K | 2022 |
| Pace AcademyGENERAL FUNDING | Atlanta, GA | $267K | 2022 |
| Vanderbilt UniversityGENERAL FUNDING | Nashville, TN | $100K | 2022 |
| Minnesota Interscholastic Cycling LeagueGENERAL FUNDING | Minneapolis, MN | $50K | 2022 |
| Peachtree Presbyterian ChurchGENERAL FUNDING | Atlanta, GA | $10K | 2022 |
| University Of The SouthGENERAL FUNDING | Sewanee, TN | $5K | 2022 |
| Piedmont Park ConservancyGENERAL FUNDING | Atlanta, GA | $3K | 2022 |