Luck Companies Foundation
The Luck Companies Foundation is a private foundation established in 1966 and based in Richmond, Virginia. It is a 501(c)(3) tax-exempt organization that operates as the philanthropic arm of Luck Companies. The foundation supports nonprofit organizations through direct grants, matching gift programs for company associates, and strategic partnerships focused on values-based leadership and environmental stewardship.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.0M
+0.4% YoY
Annual Giving
$571K
-52.4% YoY
Grant Count
24
+20.0% YoY
Avg Grant Size
$24K
-60.4% YoY
Mission & Focus Areas
The foundation's mission is to ignite human potential through values-based leadership and positively impact the lives of others around the world. The foundation supports work in two primary areas:
Values-Based Leadership
- Development of leaders and communities through values-based leadership initiatives
- Support for the InnerWill Leadership Institute, which educates, coaches, and supports individuals in transforming their lives and those of others
Environmental Stewardship
- Projects that promote long-term environmental health and sustainability
- Community partnerships for long-term environmental benefits
The foundation also supports initiatives in arts and culture, visual arts, education (elementary, secondary, and higher education), public affairs, leadership development, human services, youth development, and civic engagement for youth.
Grantmaking
The foundation makes grants to qualifying public charities and does not engage in significant direct charitable activity. Recent grantmaking activity includes:
Grant Range
** $3,000
Average Grant
** $23,300
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Geographic Focus
Where this funder awards grants
The foundation supports nonprofit organizations in communities with Luck Companies operations, with emphasis on:
- Richmond, Virginia (primary focus)
- Dallas, Texas
- Washington, D.C.
- Additional support in Colorado, Connecticut, Illinois, Louisiana, Mississippi, North Carolina, South Carolina, and Texas
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023-2024:
- Total assets: $9,966,209 (2023); $10,005,234 (2024)
- Annual revenue: $801,878 (2023); $753,232 (2024)
- Annual expenses: $1,337,578 (2023); $714,207 (2024)
- Total liabilities: $0 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,005,234 | $9,966,209 | $10,508,953 |
| Revenue | $753,232 | $801,878 | $11,849 |
| Expenses | $714,207 | $1,337,578 | $1,018,208 |
| Qualifying Distributions | $571,576 | $1,220,346 | $890,178 |
| Net Investment Income | $615,435 | $686,211 | $179,537 |
| Distributable Amount | $947,446 | $847,011 | $886,135 |
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
180 grants across all recorded years
Open Grants
1 open opportunity from Luck Companies Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Charles S. Luck IV – President and Director
- Douglas D. Palmore – Secretary and Director
- Wanda Ortwine – Treasurer and Director
- Lisa P. Luck – Vice President and Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES S LUCK IV | PRESIDENT AND DIRECTOR | 1 | — |
| DOUGLAS DR PALMORE | SECRETARY AND DIRECTOR | 1 | — |
| WANDA ORTWINE | TREASURER AND DIRECTOR | 1 | — |
| LISA P LUCK | VICE PRESIDENT AND DIRECTOR | 1 | — |
Contact Information
Mailing Address: P.O. Box 29682 Richmond, VA 23242-0692
Physical Address: 515 Stone Mill Drive Manakin Sabot, VA 23103
Phone: 804-784-6300
Website: www.luckcompanies.com/foundation
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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