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Louvin Foundation is a private corporation based in BILLINGS, MT. The foundation received its IRS ruling in 2008. The principal officer is Vincent T Larsen. It holds total assets of $1.9M. Annual income is reported at $377K. Total assets have grown from $27K in 2011 to $1.9M in 2023. The foundation is governed by 4 officers and trustees. Expenditures for humanitarian aid. 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 Montana. According to available records, Louvin Foundation has made 55 grants totaling $452K, with a median grant of $5K. Annual giving has grown from $103K in 2021 to $135K in 2023. Grantmaking activity was highest in 2022 with $214K distributed across 30 grants. Individual grants have ranged from $2K to $30K, with an average award of $8K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in Montana. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$30K
Based on 10 grants from the most recent 990-PF filing.
Expenditures for humanitarian aid
Expenses: $135K
Expenditures for humanitarian aid. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in MT.
Louvin Foundation has distributed a total of $452K across 55 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $2K to $30K.
Louvin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Louvin Foundation is headquartered in BILLINGS, MT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tonya Appelt | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Louise F Larsen | VICE PRES/DIRECTOR | $0 | $0 | N/A |
| Dennis C Mcginnis | PRES/TREAS/DIRECTOR | $0 | $0 | N/A |
| Paige Spalding | DIRECTOR | $0 | $0 | N/A |
Total Giving
$159K
Total Assets
$1.9M
Fair Market Value
$2M
Net Worth
$1.9M
Grants Paid
$135K
Contributions
N/A
Net Investment Income
$130K
Distribution Amount
$94K
Total Grants
55
Total Giving
$452K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchHUMANITARIAN AID | Billings, MT | $30K | 2023 |
| Habitat For HumanityHUMANITARIAN AID | Billings, MT | $30K | 2023 |
| Montana Rescue MissionHUMANITARIAN AID | Billings, MT | $25K | 2023 |
| Family Promise Of Yellowstone ValleyHUMANITARIAN AID | Billings, MT | $10K | 2023 |
| Faith Evangelical ChurchHUMANITARIAN AID | Billings, MT | $10K | 2023 |
| Boys & Girls Club Of Yellowstone CountyHUMANITARIAN AID | Billings, MT | $5K | 2023 |
| Yellowstone River Parks AssociationHUMANITARIAN AID | Billings, MT | $5K | 2023 |
| Family ServiceHUMANITARIAN AID | Billings, MT | $5K | 2023 |
| St John'S FoundationHUMANITARIAN AID | Billings, MT | $3K | 2023 |
| Child Bridge IncHUMANITARIAN AID | Bigfork, MT | $3K | 2023 |
| Bikenet Dba Billings TrailnetHUMANITARIAN AID | Billings, MT | $3K | 2023 |
| Billings Public Library FoundationHUMANITARIAN AID | Billings, MT | $3K | 2023 |
| Yellowstone Valley Animal ShelterHUMANITARIAN AID | Billings, MT | $2K | 2023 |
| Angela'S Piazza IncHUMANITARIAN AID | Billings, MT | $2K | 2023 |
| Red Lodge Area Community FoundationHUMANITARIAN AID | Red Lodge, MT | $10K | 2022 |
| Head StartHUMANITARIAN AID | Billings, MT | $3K | 2022 |