Ltr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBORO, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $787K in total assets. In 2024, it awarded 21 grants totaling $85K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$787K
-1.8% YoY
Annual Giving
$85K
+14.6% YoY
Grant Count
21
+10.5% YoY
Avg Grant Size
$4K
+3.7% YoY
Under IRS private-foundation payout rules, Ltr Foundation Inc reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Ltr Foundation Inc
Based on IRS filings
Ltr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBORO, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $787K in total assets. In 2024, it awarded 21 grants totaling $85K. Net investment income was $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $787,352 | $802,109 | $802,980 |
| Revenue | $33,193 | $-41,874 | $7,681 |
| Expenses | $92,596 | $84,700 | $78,179 |
| Qualifying Distributions | $85,585 | $74,575 | $67,809 |
| Net Investment Income | $32,964 | $25,937 | $21,001 |
| Distributable Amount | $38,766 | $38,336 | $42,701 |
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
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dressage Foundation ($10,000), Akron Children's Hospital Foundation ($5,000), Bashor Children's Home ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AKRON CHILDREN'S HOSPITAL FOUNDATION AKRON, OH | CHILDREN ISSUES | $5,000 |
| BASHOR CHILDREN'S HOME GOSHEN, IN | CHILDREN ISSUES | $5,000 |
| BEST FRIENDS ANIMAL SOCIETY KANAB, UT | ANIMAL ISSUES | $3,000 |
| DRESSAGE FOUNDATION LINCOLN, NE | ANIMAL ISSUES | $10,000 |
| FRIENDS OF FERDINAND INC MOORESVILLE, IN | ANIMAL ISSUES | $5,000 |
| FRIENDS OF INDIANAPOLIS DOGS OUTSIDE (FIDO) INDIANAPOLIS, IN | ANIMAL ISSUES | $3,000 |
| GSD RESCUE INDY INDIANAPOLIS, IN | ANIMAL ISSUES | $5,000 |
| HEARTS FOR THE HOMELESS (OUTREACH INDIANA) INDIANAPOLIS, IN | ADULT/AGING ISSUES | $3,000 |
| HENDRICKS COUNTY HUMANE SOCIETY DANVILLE, IN | ANIMAL ISSUES | $3,000 |
| HUMANE SOCIETY OF BOONE COUNTY WHITESTOWN, IN | ANIMAL ISSUES | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS RICH | PRESIDENT | 1.25 | — |
| LAURIE RICH | VICE PRESIDENT/TREASURER | 1.25 | — |
| JOHN HILLOCK | SECRETARY | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ltr Foundation Inc?
Ltr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBORO, IN. It holds $787K in total assets as of 2024.
How large is Ltr Foundation Inc?
As of 2024, Ltr Foundation Inc holds $787K in total assets with $33K in annual revenue. It awarded 21 grants totaling $85K in 2024.
Where does Ltr Foundation Inc operate?
Ltr Foundation Inc has awarded grants in Florida, Indiana, Kentucky, Nebraska, Ohio, Utah, Wisconsin.
What size grants does Ltr Foundation Inc award?
In 2024, Ltr Foundation Inc awarded 21 grants totaling $85K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Ltr Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ltr Foundation Inc reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ltr Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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