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Louisburg Foundation is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2019. The principal officer is % Daniel M Ardito. It holds total assets of $29.7M. Annual income is reported at $30.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Louisburg Foundation has made 3 grants totaling $1.6M, with a median grant of $575K. Annual giving has decreased from $1.1M in 2022 to $475K in 2023. Individual grants have ranged from $475K to $575K, with an average award of $542K. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
Louisburg Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in OH.
Louisburg Foundation has distributed a total of $1.6M across 3 grants. The median grant size is $575K, with an average of $542K. Individual grants have ranged from $475K to $575K.
Louisburg Foundation typically selects its grantees rather than accepting unsolicited proposals.
Louisburg Foundation is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Ardito | VICE PRESIDENT AND TREASURER | $2K | $172 | $2K |
| Kevin Saunders | SECRETARY | $2K | $169 | $2K |
| Elizabeth L Johnson | TRUSTEE AND PRESIDENT | $0 | $0 | $0 |
Total Giving
$493K
Total Assets
$7.6M
Fair Market Value
$23.7M
Net Worth
$7.6M
Grants Paid
$475K
Contributions
$12.8M
Net Investment Income
$94K
Distribution Amount
$429K
Total Grants
3
Total Giving
$1.6M
Average Grant
$542K
Median Grant
$575K
Unique Recipients
1
Most Common Grant
$575K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable FundOPERATING SUPPORT | Cincinnati, OH | $475K | 2023 |
Other foundations that have funded Louisburg Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Edward C Johnson Fund | $475K | 2023 | OPERATING |
| Edward C Johnson Fund | $288K | 2022 | GENERAL OPERATING/ANNUAL SUPPORT |
| Edward C Johnson Fund | $288K | 2022 | GENERAL OPERATING/ANNUAL SUPPORT |
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