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Also known as: FOUNDATION
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Local Initiative For Excellence Foundation is a private corporation based in BLUE ASH, OH. The foundation received its IRS ruling in 2014. It holds total assets of $32.8M. Annual income is reported at $18.8M. Total assets have grown from $5M in 2014 to $33.3M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of health. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Ohio, California and Kentucky. According to available records, Local Initiative For Excellence Foundation has made 8 grants totaling $910K, with a median grant of $100K. Individual grants have ranged from $50K to $205K, with an average award of $114K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Kentucky and Ohio and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$50K
Average Grant
$79K
Largest Grant
$165K
Based on 4 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.
Local Initiative For Excellence Foundation primarily funds organizations in the area of health. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KY, OH, CA.
Local Initiative For Excellence Foundation has distributed a total of $910K across 8 grants. The median grant size is $100K, with an average of $114K. Individual grants have ranged from $50K to $205K.
The application deadline is DETAILED INFORMATION INCLUDED ON WEBSITE.. Detailed information included on website.
Local Initiative For Excellence Foundation is headquartered in BLUE ASH, OH. While based in OH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carter F Randolph | TREASURER | $0 | $0 | N/A |
| Carter L Randolph | SECRETARY | $0 | $0 | N/A |
Total Giving
$312K
Total Assets
$33.3M
Fair Market Value
$40.4M
Net Worth
$33.3M
Grants Paid
$201K
Contributions
$13.8M
Net Investment Income
$436K
Distribution Amount
$1.2M
Total: N/A
Total Grants
8
Total Giving
$910K
Average Grant
$114K
Median Grant
$100K
Unique Recipients
4
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nku Foundation IncUNDERGRADUATE FELLOWSHIP PROGRAM | Highland Heights, KY | $205K | 2022 |
| Cincinnati Children'S Hsptl Med CtrMEDICAL RESEARCH | Cincinnati, OH | $100K | 2022 |
| Salk Inst For Biological StudiesMEDICAL RESEARCH | La Jolla, CA | $100K | 2022 |
| University Of CincinnatiMEDICAL RESEARCH | Cincinnati, OH | $50K | 2022 |