Fred B Luddy Family Foundation Inc
Fred B Luddy Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANCHO SANTA FE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $284K in total assets. In 2024, it awarded 9 grants totaling $1.4M. Net investment income was $923K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$284K
-63.3% YoY
Annual Giving
$1.4M
-50.8% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$154K
-61.7% YoY
Under IRS private-foundation payout rules, Fred B Luddy Family Foundation Inc reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About Fred B Luddy Family Foundation Inc
Based on IRS filings
Fred B Luddy Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANCHO SANTA FE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $284K in total assets. In 2024, it awarded 9 grants totaling $1.4M. Net investment income was $923K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $283,819 | $772,960 | $1,367,334 |
| Revenue | $940,641 | $1,975,361 | $-44,356 |
| Expenses | $1,429,782 | $2,819,735 | $141,675 |
| Qualifying Distributions | $1,390,735 | $2,817,450 | $137,500 |
| Net Investment Income | $923,063 | $1,633,387 | $100,203 |
| Distributable Amount | $28,683 | $16,895 | $63,324 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Us Space and Rocket Center Education Foundation ($500,000), Horatio Alger Association of Distinguished Americans Inc ($387,500), Kimera Orphanage ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CELEBRITY ADVENTURES INC PHOENIX, AZ | GENERAL OPERATIONS | $50,000 |
| HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS INC ALEXANDRIA, VA | GENERAL OPERATIONS | $387,500 |
| KIMERA ORPHANAGE CARLSBAD, CA | GENERAL OPERATIONS | $150,000 |
| MATCH POINT IMPACT INC GREENACRES, FL | GENERAL OPERATIONS | $1,000 |
| ROGER FEDERER CHARITABLE FUND INC NEW YORK, NY | GENERAL OPERATIONS | $135,000 |
| SALK INSTITUTE FOR BIOLOGICAL STUDIES LA JOLLA, CA | GENERAL OPERATIONS | $15,000 |
| THE DAVID FOSTER FOUNDATION LOS ANGELES, CA | GENERAL OPERATIONS | $50,000 |
| US SPACE AND ROCKET CENTER EDUCATION FOUNDATION HUNTSVILLE, AL | GENERAL OPERATIONS | $500,000 |
| YOUTH TENNIS SAN DIEGO SAN DIEGO, CA | GENERAL OPERATIONS | $97,260 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRED LUDDY | CEO | 1 | — |
| ANDY CHEDRICK | CFO | 1 | — |
| CRISTY GUZZETTA | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fred B Luddy Family Foundation Inc?
Fred B Luddy Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANCHO SANTA FE, CA. It holds $284K in total assets as of 2024.
How large is Fred B Luddy Family Foundation Inc?
As of 2024, Fred B Luddy Family Foundation Inc holds $284K in total assets with $941K in annual revenue. It awarded 9 grants totaling $1.4M in 2024.
Where does Fred B Luddy Family Foundation Inc operate?
Fred B Luddy Family Foundation Inc has awarded grants in Alabama, Arizona, California, Florida, Indiana, New York, Virginia.
What size grants does Fred B Luddy Family Foundation Inc award?
In 2024, Fred B Luddy Family Foundation Inc awarded 9 grants totaling $1.4M — an average of about $154K per grant, based on its IRS Form 990 filings.
How much is Fred B Luddy Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fred B Luddy Family Foundation Inc reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fred B Luddy Family Foundation Inc's EIN?
Fred B Luddy Family Foundation Inc's EIN (Employer Identification Number) is 46-4188357. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fred B Luddy Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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