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Ludington Inc. is a private corporation based in ROANOKE, VA. The foundation received its IRS ruling in 1985. The principal officer is Philip Abbey. It holds total assets of $600K. Annual income is reported at $404K. Total assets have decreased from $903K in 2011 to $683K in 2023. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Ludington Inc. has made 3 grants totaling $1M, with a median grant of $330K. Annual giving has grown from $365K in 2020 to $660K in 2022. Individual grants have ranged from $330K to $365K, with an average award of $342K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Ludington Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Ludington Inc. has distributed a total of $1M across 3 grants. The median grant size is $330K, with an average of $342K. Individual grants have ranged from $330K to $365K.
Ludington Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ludington Inc. is headquartered in ROANOKE, VA.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$399K
Total Assets
$683K
Fair Market Value
$5.5M
Net Worth
$683K
Grants Paid
$395K
Contributions
N/A
Net Investment Income
$357K
Distribution Amount
$348K
Total Grants
3
Total Giving
$1M
Average Grant
$342K
Median Grant
$330K
Unique Recipients
2
Most Common Grant
$330K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Planned Parenthood Fed Of AmericaOperations | New York, NY | $330K | 2022 |
| Planned Parenthood FederationOperations | New York, NY | $365K | 2020 |