The LDB Foundation is a private foundation based in Atlanta, Georgia. Established in 1997, it operates as a 501(c)(3) organization with no paid staff, relying on volunteer leadership to direct its philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.6M
-1.0% YoY
Annual Giving
$498K
-26.8% YoY
Grant Count
13
-18.8% YoY
Avg Grant Size
$38K
-9.9% YoY
Under IRS private-foundation payout rules, Ldb Foundation reported a distributable amount of $578K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation focuses its grantmaking on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation provides general funding support to its grantees across multiple geographic regions.
Grantmaking
The foundation made 26 grants in 2023. It currently has no active grant opportunities listed.
Grant Range
s:** Typical awards range from $100,000 to $300,000.
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. states and cities, including:
States: Arizona, Colorado, Georgia, Minnesota, Tennessee, Texas, and Washington
Cities: Atlanta, Boulder, Dallas, and Nashville, among others
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $10,736,393 (as of December 2023)
Total Giving: $497,513
Revenue (FY 2023): $276,289
- Investment income and dividends: $268,118
- Grants and contributions: $49,436
- Miscellaneous revenues: $54,799
- Net loss from sale of non-inventory assets: -$96,064
Expenses (FY 2023): $840,374
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,624,625 | $10,736,393 | $11,496,262 |
| Revenue | $774,482 | $276,289 | $1,413,765 |
| Expenses | $636,634 | $840,374 | $1,019,647 |
| Qualifying Distributions | $497,513 | $679,900 | $734,500 |
| Net Investment Income | $636,786 | $245,600 | $1,189,547 |
| Distributable Amount | $578,499 | $586,538 | $590,686 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brightstone ($134,000), Vanderbilt University ($100,000), Georgia Cycling ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PACE ACADEMY ATLANTA, GA | GENERAL FUNDING | $75,413 |
| PEACHTREE PRESBYTERIAN CHURCH ATLANTA, GA | GENERAL FUNDING | $15,000 |
| VANDERBILT UNIVERSITY NASHVILLE, TN | GENERAL FUNDING | $100,000 |
| BRIGHTSTONE FRANKLIN, TN | GENERAL FUNDING | $134,000 |
| TELLURIDE ACADMEY TELLURIDE, CO | GENERAL FUNDING | $10,000 |
| GEORGIA CYCLING BLUE RIDGE, GA | GENERAL FUNDING | $100,000 |
| BREAKTHROUGH T1D NEW YORK, NY | GENERAL FUNDING | $500 |
| NORTHEAST SORBA YPT CHAPTER LAWRENCEVILLE, GA | GENERAL FUNDING | $5,000 |
| SORBA KNOXVILLE, TN | GENERAL FUNDING | $30,000 |
| OPERATION RAMBO GRANTS PASS, OR | GENERAL FUNDING | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer board of directors:
- Linda D. Brooks — President and Director
- Daniel A. Brooks — Vice President and Director
- E. Ashley Brooks — Director
- Elizabeth Heaston — Secretary/Treasurer
None of the directors receive compensation for their roles.
Address: 2440 Peachtree Road NW, Apt. 10, Atlanta, GA 30305
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA D BROOKS | PRES/DIRECTOR | 2 | — |
| DANIEL A BROOKS | VP/DIRECTOR | 1 | — |
| E ASHLEY BROOKS | DIRECTOR | 20 | — |
| ELIZABETH HEASTON | SECRETARY/TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ldb Foundation fund?
The foundation focuses its grantmaking on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation provides general funding support to its grantees across multiple geographic regions.
How do I apply for a grant from Ldb Foundation?
**Grant Sizes:** Typical awards range from $100,000 to $300,000. **Recent Grants (2023):** • Pace Academy: $210,500 • Georgia Cycling: $186,900 • BrightStone: $125,000 The foundation made 26 grants in 2023. It currently has no active grant opportunities listed.
Where does Ldb Foundation make grants?
The foundation funds projects across multiple U.S. states and cities, including: **States:** Arizona, Colorado, Georgia, Minnesota, Tennessee, Texas, and Washington **Cities:** Atlanta, Boulder, Dallas, and Nashville, among others
What size grants does Ldb Foundation award?
In 2024, Ldb Foundation awarded 13 grants totaling $498K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Ldb Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ldb Foundation reported a distributable amount of $578K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ldb Foundation's EIN?
Ldb Foundation's EIN (Employer Identification Number) is 74-2829433. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ldb Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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