LDG Development Foundation Inc

Foundation · Grantmaker Louisville, KY EIN: 83-4099012

LDG Development Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Louisville, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 5 grants totaling $2.5M.

Key facts about LDG Development Foundation Inc

EIN: 83-4099012
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $2,494,500
Grants made (2024): 5
Average grant: $498,900
Median grant: $25,000
Total assets: $11,574
Primary geography: Kentucky (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who LDG Development Foundation Inc funds

By grant dollars, the top recipient states for LDG Development Foundation Inc's 5 itemized 2024 grants were Kentucky (100%). The most frequent recipient cities were Louisville, KY (5 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Operations" (4 grants).

How LDG Development Foundation Inc gives

Giving grew 830% from 2021 to 2024. Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with LDG Development Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12K

-43.6% YoY

Annual Giving

$2.5M

-24.1% YoY

Grant Count

-28.6% YoY

Avg Grant Size

$499K

+6.3% YoY

Under IRS private-foundation payout rules, LDG Development Foundation Inc reported a distributable amount of $421 for 2024 — the minimum it must pay out in qualifying distributions.

About LDG Development Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $2.5M (100%)

Share of all 5 itemized 2024 grant dollars.

States

Georgia Kentucky Texas

Cities

LouisvilleDallasAlbanyAlfatonLeander

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$11,574	$20,536	$24,325
Revenue	$2,526,394	$3,499,986	$1,089,600
Expenses	$2,535,356	$3,503,775	$1,068,450
Qualifying Distributions	$2,510,702	$3,503,775	$1,068,450
Net Investment Income	—	—	—
Distributable Amount	$421	$50	$1,415

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

33 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Community Advocates for Resources & Empowerment Inc ($2,397,000), EVOLVE502 Inc ($50,000), Louisville Orchestra ($25,000).

Recipient	Purpose	Amount
COMMUNITY ADVOCATES FOR RESOURCES & EMPOWERMENT INC Louisville, KY	TO SUPPORT OPERATIONS	$2,397,000
EVOLVE502 INC Louisville, KY	EDUCATIONAL PURPOSES	$50,000
LOUISVILLE ORCHESTRA Louisville, KY	TO SUPPORT OPERATIONS	$25,000
UNIVERSITY OF LOUISVILLE FOUNDATION INC Louisville, KY	TO SUPPORT OPERATIONS	$20,000
PEACE EDUCATION PROGRAM INC Louisville, KY	TO SUPPORT OPERATIONS	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Lisa Dischinger	Chair	1	—
Lisa Becker	Treasurer	1	—
Michele Mitchell	Secretary	1	—
Scott Brian	Member at Large	1	—
Christi Lanier-Robinson	Member at Large	1	—
William Shircliff	Member at Large	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is LDG Development Foundation Inc?

LDG Development Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Louisville, KY. It holds $12K in total assets as of 2024.

How large is LDG Development Foundation Inc?

As of 2024, LDG Development Foundation Inc holds $12K in total assets with $2.5M in annual revenue. It awarded 5 grants totaling $2.5M in 2024.

Where does LDG Development Foundation Inc operate?

LDG Development Foundation Inc has awarded grants in Georgia, Kentucky, Texas.

What size grants does LDG Development Foundation Inc award?

In 2024, LDG Development Foundation Inc awarded 5 grants totaling $2.5M — an average of about $499K per grant, based on its IRS Form 990 filings.

How much is LDG Development Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, LDG Development Foundation Inc reported a distributable amount of $421 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is LDG Development Foundation Inc's EIN?

LDG Development Foundation Inc's EIN (Employer Identification Number) is 83-4099012. IRS Form 990 filing data is available on this page for 2020–2024.