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Louis R Draughon Foundation is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1983. It holds total assets of $4.5M. Annual income is reported at $1.8M. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Tennessee. According to available records, Louis R Draughon Foundation has made 30 grants totaling $573K, with a median grant of $7K. Individual grants have ranged from $500 to $100K, with an average award of $19K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Tennessee, District of Columbia, Kentucky, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$7K
Average Grant
$22K
Largest Grant
$100K
Based on 17 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.
Louis R Draughon Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in TN, DC, KY.
Louis R Draughon Foundation has distributed a total of $573K across 30 grants. The median grant size is $7K, with an average of $19K. Individual grants have ranged from $500 to $100K.
Louis R Draughon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Louis R Draughon Foundation is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $96K | $0 | $96K |
| David Gunn | COMMITTEE MEMBER | $0 | $0 | N/A |
| Betty Lynn Richer | COMMITTEE MEMBER | $0 | $0 | N/A |
| Susan D Owens | COMMITTEE MEMBER | $0 | $0 | N/A |
| Allen Trey F Gwinn Iii | COMMITTEE MEMBER | $0 | $0 | N/A |
| Adelia Gaines | COMMITTEE MEMBER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.5M
Fair Market Value
N/A
Net Worth
$4.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
30
Total Giving
$573K
Average Grant
$19K
Median Grant
$7K
Unique Recipients
15
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Main Street Church Of ChristGENERAL SUPPORT GRANT | Murfreesboro, TN | $100K | 2022 |
| Lipscomb UniversityGENERAL OPERATING | Nashville, TN | $60K | 2022 |
| Freed-Hardeman UniversityGENERAL OPERATING | Henderson, TN | $60K | 2022 |
| YmcaGENERAL OPERATING | Washington, DC | $10K | 2022 |
| Goodpasture Christian SchoolGENERAL SUPPORT GRANT | Madison, TN | $7K | 2022 |
| Middle Tennessee Christian SchoolGENERAL OPERATING | Murfreesboro, TN | $7K | 2022 |
| Ezell-Harding Christian SchoolGENERAL SUPPORT GRANT | Antioch, TN | $7K | 2022 |
| Potter Childrens Home And Family MinistrGENERAL OPERATING | Bowling Green, KY | $7K | 2022 |
| Paradise Ranch IncGENERAL OPERATING | Springfield, TN | $7K | 2022 |
| Stokes Brown Public Library FoundationGENERAL OPERATING | Springfield, TN | $7K | 2022 |
| AgapeGENERAL SUPPORT GRANT | Nashville, TN | $7K | 2022 |
| Springfield Lions ClubGENERAL OPERATING | Springfield, NJ | $3K | 2022 |
| 4-H Youth DevelopmentGENERAL OPERATING | Springfield, TN | $3K | 2022 |
| Big Brothers & Big Sisters Of Middle TenGENERAL OPERATING | Nashville, TN | $2K | 2022 |
| Churches Of Christ Disaster Relief EfforGENERAL OPERATING | Nashville, TN | $500 | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL