L C Industries Foundation
To improve the lives and well being of persons who are blind, and to offer such persons opportunities for education, training and job related skills.
L C Industries Foundation at a glance
In short: L C Industries Foundation gave $1.4M across 4 grants in 2025 (avg $350K), mostly in North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,400,000
- +16.7% vs 2024
- Grants made (2025)
- 4
- +33.3% vs 2024
- Average grant
- $350,000
- -12.5% vs 2024
- Median grant
- $375,000
- Total assets
- $81,357,889
- +11.2% vs 2024
- Primary geography
- North Carolina (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who L C Industries Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Envision Dallas Lighthouse Foundation ($600K). Together the top 4 received $1.4M.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was in the $250–500K range: 8 grants of 18 (44%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How L C Industries Foundation gives
- Giving grew 43% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $977K (2022) to $2.2M (2020). In 2025 it made 4 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Envision Dallas Lighthouse Foundation Wichita, KS | Operational Support | $600,000 |
| North Carolina Central University Foundation Inc Durham, NC | Operational Support | $400,000 |
| Duke University Durham, NC | Operational Support | $350,000 |
| Scully Learning Center Foundation Cave Creek, AZ | Operational Support | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $81,357,889 | $10,841,089 | $1,681,371 | $1,400,000 | 4 | $8,091,089 |
| 2024 | $73,147,325 | $1,925,410 | $1,601,907 | $1,200,000 | 3 | $175,410 |
| 2023 | $68,313,434 | $3,029,940 | $2,307,535 | $1,938,500 | 3 | $2,859,816 |
| 2022 | $64,591,160 | $851,710 | $1,356,449 | $976,585 | 3 | $2,522,037 |
| 2021 | $70,225,807 | $7,494,768 | $2,253,302 | $1,908,000 | 5 | $1,142,160 |
| 2020 | $63,133,395 | $6,759,120 | $2,466,217 | $2,204,500 | 6 | $1,690,171 |
| 2019 | $56,582,480 | $4,167,814 | $2,296,745 | $2,022,700 | 14 | $1,167,814 |
About L C Industries Foundation
Based on IRS filings
L C Industries Foundation is a public charity focused on Human Services, based in Durham, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $81.4M in total assets. In 2025, it awarded 4 grants totaling $1.4M. Net investment income was $8.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
L C Industries Foundation is led by William Hudson, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
William Hudson
President
On filings since 2019
5 hrs/week
No compensation reported
John Janes
Secretary
On filings since 2019
5 hrs/week
No compensation reported
Patrick Lindsey
Board Member
On filings since 2019
5 hrs/week
No compensation reported
Former officers (1)
- Former: Stephen Harris (2019–2024) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about L C Industries Foundation
How much does L C Industries Foundation give each year?
L C Industries Foundation gave $1.4M across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.2M across 3 grants.
What is L C Industries Foundation's typical grant size?
L C Industries Foundation's median grant in 2025 was $375,000, and its average grant was $350,000, across 4 grants on its 2025 IRS Form 990.
Where does L C Industries Foundation give grants?
L C Industries Foundation gives mostly in North Carolina: 54% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Kansas (43%). The most frequent recipient cities were Durham, NC (2 grants).
Does L C Industries Foundation give general operating support?
Yes: 100% of L C Industries Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990.
How large is L C Industries Foundation?
L C Industries Foundation reported $81.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $10.8M.
What is L C Industries Foundation?
L C Industries Foundation is a public charity focused on Human Services, based in Durham, NC. It holds $81.4M in total assets as of 2025.
What is L C Industries Foundation's EIN?
L C Industries Foundation's EIN (Employer Identification Number) is 45-5200306. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 26, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 27, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS February 28, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 13, 2026)
- IRS filings on file for fiscal years 2019–2025
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