Ludington Inc
Ludington Inc is a private foundation, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $616K in total assets. In 2024, it awarded 1 grants totaling $350K. Net investment income was $290K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$616K
-9.9% YoY
Annual Giving
$350K
-11.4% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$350K
+77.2% YoY
Under IRS private-foundation payout rules, Ludington Inc reported a distributable amount of $280K for 2024 — the minimum it must pay out in qualifying distributions.
About Ludington Inc
Based on IRS filings
Ludington Inc is a private foundation, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $616K in total assets. In 2024, it awarded 1 grants totaling $350K. Net investment income was $290K.
Ready to take the next step with Ludington Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $615,814 | $683,453 | $725,032 |
| Revenue | $290,479 | $357,507 | $278,328 |
| Expenses | $358,118 | $399,086 | $334,678 |
| Qualifying Distributions | $350,731 | $395,792 | $330,707 |
| Net Investment Income | $289,748 | $356,713 | $277,620 |
| Distributable Amount | $279,696 | $348,492 | $424,612 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vanguard Charitable Endowment Program ($350,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Vanguard Charitable Endowment Program Warwick, RI | Charitable operations | $350,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Philip Abbey | Director as required | 5 | — |
| Greta Tisdale | Director as required | — | — |
| Emily Parrino | Director as required | — | — |
Frequently Asked Questions
How large is Ludington Inc?
As of 2024, Ludington Inc holds $616K in total assets with $290K in annual revenue. It awarded 1 grants totaling $350K in 2024.
Where does Ludington Inc operate?
Ludington Inc has awarded grants in New York, Oregon, Rhode Island.
What size grants does Ludington Inc award?
In 2024, Ludington Inc awarded 1 grants totaling $350K — an average of about $350K per grant, based on its IRS Form 990 filings.
How much is Ludington Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ludington Inc reported a distributable amount of $280K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ludington Inc's EIN?
Ludington Inc's EIN (Employer Identification Number) is 31-1128833. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ludington 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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