Louis R Draughon Foundation

Private foundation · Grantmaker Birmingham, AL EIN: 62-1147685

The Louis R Draughon Foundation is a private foundation based in Birmingham, Alabama. In 2024, it reported 12 grants totaling $254,000, with most grant dollars going to organizations in Tennessee.

Louis R Draughon Foundation at a glance

In short: Louis R Draughon Foundation gave $254K across 12 grants in 2024 (avg $21K), mostly in Tennessee. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$254,000
-0.3% vs 2023
Grants made (2024)
12
-14.3% vs 2023
Average grant
$21,167
+16.3% vs 2023
Median grant
$7,000
Total assets
$4,520,395
+1.1% vs 2023
New grantees (estimate)
0% first-time grantees (0 of 12, 2024; small sample)
Primary geography
Tennessee (94% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Louis R Draughon Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: P O Box 11647, Birmingham, AL 35202
Phone: (205) 820-3141

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Louis R Draughon Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Main Street Church of Christ: $85KMain Street Church of Christ$85KLipscomb University: $55KLipscomb University$55KFreed-Hardeman University: $55KFreed-Hardeman University$55KYMCA: $9KYMCA$9KMiddle Tennessee Christian School: $8KMiddle Tennessee ChristianSchool$8KAgape: $7KAgape$7KGoodpasture Christian School: $7KGoodpasture Christian School$7KSecond Harvest Food Bank of Middle TN: $7KSecond Harvest Food Bank ofMiddle TN$7KStokes Brown Public Library: $7KStokes Brown Public Library$7KParadise Ranch Inc: $7KParadise Ranch Inc$7K

The largest 2024 recipient was Main Street Church of Christ ($85K). Together the top 10 received $247K.

Grant Size Distribution

81 grants across all recorded years

66<$50K11$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 66 grants of 81 (81%).

Geographic Focus

Where this funder awards grants

In 2024, 94% of grant dollars went to recipients in Tennessee, 4% to recipients in Washington, DC, and 2% to recipients in New Jersey.

Grant Distribution by State

7states

Share of 2024 grant dollars across all 12 itemized grants.

Cities

NashvilleSpringfieldMurfreesboroHendersonMadisonAntiochWashingtonBolwing GreenBowling GreenHendersonvilleAmesArdmoreColumbiaEastabogaLakewoodOrlindaSprinfield

Is Louis R Draughon Foundation open to new grantees?

0%

first-time grantees, 2024

In 2024, 0 of 12 grantees (0%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. How we count

  • 92% of 2024 grantees were also funded in 2023. Method
  • Giving fell 32% from 2021 to 2024. Method
  • In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K23 grants2020 17 grants2021 15 grants2022 14 grants2023 12 grants2024

From 2020 to 2024, annual grant giving ranged from $254K (2024) to $375K (2021). In 2024 it made 12 grants totaling $254K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Main Street Church of Christ Ardmore, TNGeneral Operating$85,000
Lipscomb University Nashville, TNGeneral Operating$55,000
Freed-Hardeman University Henderson, TNGeneral Operating$55,000
YMCA Washington, DCGeneral Operating$9,000
Middle Tennessee Christian School Murfreesboro, TNGeneral Operating$8,000
Agape Nashville, TNGeneral Support Grant$7,000
Goodpasture Christian School Madison, TNGeneral Support Grant$7,000
Second Harvest Food Bank of Middle TN Nashville, TNGeneral Support Grant$7,000
Stokes Brown Public Library Springfield, TNGeneral Support Grant$7,000
Paradise Ranch Inc Springfield, TNGeneral Operating$7,000
Your AI grants department

Ready to take the next step with Louis R Draughon Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$4,520,395$448,839$396,471$254,00012$277,777$340,665$314,825
2023$4,469,728$652,953$377,620$254,80014$275,644$551,271$290,939
2022$4,198,097$156,962$414,763$286,70015$305,668$48,776$360,144
2021$4,458,993$523,734$499,213$375,20017$386,750$414,941$319,859
2020$4,437,247$363,521$471,902$350,00023—$260,998$297,709

Under IRS private-foundation payout rules, Louis R Draughon Foundation reported a distributable amount of $315K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for organizations including churches, universities, schools, and community-service organizations. Freed-Hardeman University describes its mission as preparing students for lives of service through physical and spiritual development; Lipscomb University describes itself as a Christ-centered community preparing learners for purposeful lives. Middle Tennessee Christian School says it provides an education based on Christian values and academic excellence. Second Harvest Food Bank of Middle Tennessee describes its mission as nourishing and empowering people so they can thrive. These are the grantees’ own descriptions of their missions.

Grantmaking

In 2024, the foundation made 12 grants totaling $254,000. Grants ranged from $2,000 to $85,000, with a median of $7,000. The largest grants were $85,000 to Main Street Church of Christ, $55,000 each to Lipscomb University and Freed-Hardeman University, and $9,000 to the YMCA in Washington, DC. Other recipients included Middle Tennessee Christian School ($8,000) and, at $7,000 each, AGAPE, Goodpasture Christian School, Second Harvest Food Bank of Middle Tennessee, Stokes Brown Public Library, and Paradise Ranch.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Adelia Gaines, Susan D Owens, David Gunn, Betty Lynn Richert, Allen Trey F Gwinn III, and Liz Collins as committee members. Regions Bank is listed as trustee.

Louis R Draughon Foundation's 2024 filing lists 7 officers; 6 of 7 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Regions Bank

    Trustee

    New on the 2024 filing

    1 hr/week

    $65K (2024)

  • Betty Lynn Richert

    Committee Member

    On filings since 2020

    1 hr/week

    $3K (2020) → $3K (2024)

  • David Gunn

    Committee Member

    On filings since 2020

    1 hr/week

    $3K (2020) → $3K (2024)

  • Susan D. Owens

    Committee Member

    On filings since 2020

    1 hr/week

    $3K (2020) → $3K (2024)

  • Adelia Gaines

    Committee Member

    On filings since 2021

    1 hr/week

    $3K (2021) → $3K (2024)

  • Allen Trey F. Gwinn III

    Committee Member

    On filings since 2022

    1 hr/week

    $3K (2022) → $0 (2024)

  • Liz Collins

    Committee Member

    New on the 2024 filing

    1 hr/week

    $3K (2024)

Former officers (3)
  • Former: Regions Bank Trust Dept (2022–2023) — Trustee
  • Former: James E. Willhite (2020) — President & Director
  • Former: Joe Jackson (2020) — Committee Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Regions Bank — Trustee: $65KRegions BankTrustee$65KAdelia Gaines — Committee Member: $3KAdelia GainesCommittee Member$3KSusan D Owens — Committee Member: $3KSusan D OwensCommittee Member$3KDavid Gunn — Committee Member: $3KDavid GunnCommittee Member$3KBetty Lynn Richert — Committee Member: $3KBetty Lynn RichertCommittee Member$3KLiz Collins — Committee Member: $3KLiz CollinsCommittee Member$3K

The highest reported compensation on the 2024 filing was $65K, to Regions Bank (Trustee). 6 officers or directors reported compensation on that filing.

Frequently asked questions about Louis R Draughon Foundation

How much does Louis R Draughon Foundation give each year?

Louis R Draughon Foundation gave $254K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $255K across 14 grants.

What is Louis R Draughon Foundation's typical grant size?

Louis R Draughon Foundation's median grant in 2024 was $7,000, and its average grant was $21,167, across 12 grants on its 2024 IRS Form 990-PF.

Where does Louis R Draughon Foundation give grants?

Louis R Draughon Foundation gives mostly in Tennessee: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Nashville, TN (3 grants), Springfield, TN (2 grants) and Murfreesboro, TN (2 grants).

Does Louis R Draughon Foundation give general operating support?

Yes: 100% of Louis R Draughon Foundation's 2024 grants with a stated purpose (12 of 12) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Louis R Draughon Foundation's largest grantees?

Louis R Draughon Foundation's largest 2024 grantees include Main Street Church of Christ ($85,000), Lipscomb University ($55,000) and Freed-Hardeman University ($55,000), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.

How large is Louis R Draughon Foundation?

Louis R Draughon Foundation reported $4.5M in total assets on its 2024 IRS Form 990-PF. It paid out $278K in qualifying distributions that year, against a required minimum of $315K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Louis R Draughon Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for organizations including churches, universities, schools, and community-service organizations. See mission & focus areas ↑

How do I apply for a grant from Louis R Draughon Foundation?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Louis R Draughon Foundation's EIN?

Louis R Draughon Foundation's EIN (Employer Identification Number) is 62-1147685. IRS Form 990 filing data is available on this page for 2020–2024.

Does Louis R Draughon Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Louis R Draughon Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Ayers Foundation

Parsons, TN

The Ayers Foundation funds education, conservation, and social welfare, with a strong focus on helping rural Tennessee students access postsecondary education. Its 2023 grants averaged about $34,600, though awards varied; giving is primarily, but not exclusively, focused on six Tennessee counties: Davidson, Decatur, Henderson, Lawrence, Perry, and Unicoi. It accepts applications at any time, requires no specific form, and lists Janet Ayers as the application contact.

Philanthropy, Voluntarism & Grantmaking

Assets

$9.4M

Grants

9

Total Given

$311K

Coggin Family Foundation

Murfreesboro, TN

The foundation supports a range of charitable organizations, including those serving people experiencing homelessness or disabilities, as well as education, medical advancement, and campus outreach. In 2024, grants ranged from $30 to $35,000, with a median of $3,250; most funding went to Tennessee, with additional grants in Arkansas, Virginia, Texas, and Oregon. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$1.4M

Grants

20

Total Given

$108K

Washington Foundation

Nashville, TN

The Washington Foundation supports charitable organizations in areas including the arts, food assistance, health care, and community services. Its 2025 grants ranged from $500 to $42,000, with a median of $5,750; 97% of grant dollars went to Tennessee organizations. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$13.0M

Grants

86

Total Given

$827K

Purity Foundation

Nashville, TN

The Purity Foundation supports varied charitable organizations, including programs in music, education, counseling, housing, and youth services. In 2024, it awarded 38 grants of $1,000–$65,000, with a median of $1,000; 88% of grant dollars went to Tennessee, with others going to Texas, Oklahoma, California, and Mississippi. It accepts unsolicited written requests addressed to Mark Ezell; no deadlines are listed.

Assets

$1.8M

Grants

38

Total Given

$153K

Educational Funding of the South Inc

Franklin, TN

Financial literacy services, and need-based scholarships

Public, Societal Benefit

Assets

$856.8M

Grants

4

Total Given

$27K

The Bobbie Solley Foundation Inc

Murfreesboro, TN

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2M

Grants

6

Total Given

$366K

More similar funders

More Funders in Alabama

Cite this profile

Grantable. (2026). Louis R Draughon Foundation funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/louis-r-draughon-foundation-morg_e658058daa384c3bb9a99c3948737706

BibTeX
@misc{grantable_621147685_2026,
  author       = {{Grantable}},
  title        = {{Louis R Draughon Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/louis-r-draughon-foundation-morg_e658058daa384c3bb9a99c3948737706},
  note         = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Louis R Draughon Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Louis R Draughon Foundation down — hundreds of funders to go?

Want AI to do this for you?