LTR Foundation Inc
LTR Foundation Inc is a private foundation based in Pittsboro, Indiana. Its 2025 filing reports grants to charitable organizations, with the largest share of grant dollars going to recipients in Indiana.
LTR Foundation Inc at a glance
In short: LTR Foundation Inc gave $80K across 23 grants in 2025 (avg $3K), mostly in Indiana. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $79,575
- -5.8% vs 2024
- Grants made (2025)
- 23
- +9.5% vs 2024
- Average grant
- $3,460
- -14.0% vs 2024
- Median grant
- $3,000
- Total assets
- $772,892
- -1.8% vs 2024
- New grantees (estimate)
- 17% first-time grantees (4 of 23, 2025; small sample)
- Primary geography
- Indiana (72% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to LTR Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 4169 E Boone County Rd, Pittsboro, IN 46167
Phone: (317) 507-0870
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who LTR Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Lennoxs Legacy Rescue Inc ($6K). Together the top 10 received $49K.
Grant Size Distribution
99 grants across all recorded years
The most common grant size was under $50K: 99 grants of 99 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 72% of grant dollars went to recipients in Indiana, 10% to Ohio, 6% to Nebraska, 4% to Utah, and 4% to Georgia.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Is LTR Foundation Inc open to new grantees?
17%
first-time grantees, 2025
In 2025, 4 of 23 grantees (17%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $1K; repeat grants $4K. How we count
Medians: $542 first-time, $3K repeat.
- 83% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2025 it paid out 210% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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
From 2020 to 2025, annual grant giving ranged from $44K (2020) to $85K (2024). In 2025 it made 23 grants totaling $80K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lennoxs Legacy Rescue Inc Decatur, IN | Animal Issues | $5,500 |
| Akron Children's Hospital Foundation Akron, OH | Children Issues | $5,000 |
| Bashor Children's Home Goshen, IN | Children Issues | $5,000 |
| Dressage Foundation Lincoln, NE | Animal Issues | $5,000 |
| Friends of Ferdinand Inc Mooresville, IN | Animal Issues | $5,000 |
| GSD Rescue Indy Indianapolis, IN | Animal Issues | $5,000 |
| Impd Mounted Patrol Indianapolis, IN | Animal Issues | $5,000 |
| Lakeland Center Inc Coatesville, IN | Animal Issues | $5,000 |
| Oinking Acres Farm Rescue & Sanctuary Inc Brownsburg, IN | Animal Issues | $5,000 |
| Best Friends Animal Society Kanab, UT | Animal Issues | $3,000 |
Ready to take the next step with LTR Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $772,892 | $56,545 | $87,970 | $79,575 | 23 | $80,828 | $45,048 | $38,430 |
| 2024 | $787,352 | $33,193 | $92,596 | $84,500 | 21 | $85,585 | $32,964 | $38,766 |
| 2023 | $802,109 | $-41,874 | $84,700 | $73,710 | 19 | $74,575 | $25,937 | $38,336 |
| 2022 | $802,980 | $7,681 | $78,179 | $67,000 | 18 | $67,809 | $21,001 | $42,701 |
| 2021 | $1,046,542 | $78,556 | $71,215 | $59,000 | 18 | $59,750 | $68,622 | $51,240 |
| 2020 | $1,060,917 | $62,567 | $54,476 | $43,750 | 16 | — | $52,673 | $46,804 |
Under IRS private-foundation payout rules, LTR Foundation Inc reported a distributable amount of $38K for 2025 — 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 2025 grants show support for animal-related and children’s causes, as well as adult and aging issues. For example, Lennox’s Legacy Rescue says its mission is to rescue and rehabilitate unwanted dogs and farm animals, including equines; Akron Children’s Hospital Foundation says it raises gifts to further the mission of Children’s Hospital Medical Center of Akron; and Oinking Acres Farm Rescue & Sanctuary says it rescues, educates, and advocates on behalf of animals. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In filing year 2025, the foundation made 23 grants totaling $79,575. Grant amounts ranged from $492 to $5,500, with a median grant of $3,000.
Notable grants included $5,500 to Lennox’s Legacy Rescue Inc. in Decatur, Indiana; $5,000 each to Akron Children’s Hospital Foundation in Akron, Ohio, and Bashor Children’s Home in Goshen, Indiana; and $5,000 each to GSD Rescue Indy, IMPD Mounted Patrol, Lakeland Center, and Oinking Acres Farm Rescue & Sanctuary in Indiana. Best Friends Animal Society in Kanab, Utah, received $3,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Thomas Rich as president, Laurie Rich as vice president and treasurer, and John Hillock as secretary.
LTR Foundation Inc is led by Thomas Rich, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas Rich
President
On filings since 2020
1.3 hrs/week
No compensation reported
John Hillock
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Laurie Rich
Vice President & Treasurer
On filings since 2020
1.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 LTR Foundation Inc
How much does LTR Foundation Inc give each year?
LTR Foundation Inc gave $80K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $85K across 21 grants.
What is LTR Foundation Inc's typical grant size?
LTR Foundation Inc's median grant in 2025 was $3,000, and its average grant was $3,460, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from LTR Foundation Inc that year got $1K on average.
Where does LTR Foundation Inc give grants?
LTR Foundation Inc gives mostly in Indiana: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (10%) and Nebraska (6%). The most frequent recipient cities were Indianapolis, IN (5 grants), Mooresville, IN (2 grants) and Brownsburg, IN (2 grants).
Does LTR Foundation Inc give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on LTR Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Animal Issues" (20 grants).
Who are LTR Foundation Inc's largest grantees?
LTR Foundation Inc's largest 2025 grantees include Lennoxs Legacy Rescue Inc ($5,500), Akron Children's Hospital Foundation ($5,000) and Bashor Children's Home ($5,000), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.
How large is LTR Foundation Inc?
LTR Foundation Inc reported $773K in total assets on its 2025 IRS Form 990-PF. It paid out $81K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).
What does LTR Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants show support for animal-related and children’s causes, as well as adult and aging issues. See mission & focus areas ↑
How do I apply for a grant from LTR Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is LTR Foundation Inc's EIN?
LTR Foundation Inc's EIN (Employer Identification Number) is 83-2842444. IRS Form 990 filing data is available on this page for 2020–2025.
Does LTR Foundation Inc 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
Explore Open Grants
Browse active grant opportunities in LTR Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). LTR Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/ltr-foundation-inc-morg_38b45e783f224c11b73787ec820bbc80
BibTeX
@misc{grantable_832842444_2026,
author = {{Grantable}},
title = {{LTR Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ltr-foundation-inc-morg_38b45e783f224c11b73787ec820bbc80},
note = {Accessed 2026-10-14. 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 LTR Foundation Inc'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.
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