Luke 48 Foundation

INDEPENDENCE, OH EIN: 81-7038652

Luke 48 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDEPENDENCE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $99K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $21K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$99K

-3.7% YoY

Annual Giving

$20K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4K

+0.0% YoY

Under IRS private-foundation payout rules, Luke 48 Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Luke 48 Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Luke 48 Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $60K (60%)

Illinois $20K (20%)

North Carolina $20K (20%)

States

Illinois North Carolina Ohio

Cities

CharlotteChicagoCleveland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$99,387	$103,186	$128,859
Revenue	$20,973	$2,094	$9,244
Expenses	$24,772	$27,611	$21,672
Qualifying Distributions	$20,000	$20,000	$20,000
Net Investment Income	$20,973	$2,094	$9,244
Distributable Amount	$6,055	$6,286	$6,854

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Billy Graham Evangelistic ($4,000), Moody Bible Institute ($4,000), Journey Center for Safety and ($4,000).

Recipient	Purpose	Amount
BILLY GRAHAM EVANGELISTIC CHARLOTTE, NC	PUBLIC CHARITY	$4,000
MOODY BIBLE INSTITUTE CHICAGO, IL	PUBLIC CHARITY	$4,000
JOURNEY CENTER FOR SAFETY AND CLEVELAND, OH	PUBLIC CHARITY	$4,000
LUTHERAN METROPOLITAN MINISTRY CLEVELAND, OH	PUBLIC CHARITY	$4,000
THE CITY MISSION CLEVELAND, OH	PUBLIC CHARITY	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHN D KEDZIOR	TRUSTEE	1	$1,500

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Luke 48 Foundation?

Luke 48 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDEPENDENCE, OH. It holds $99K in total assets as of 2024.

How large is Luke 48 Foundation?

As of 2024, Luke 48 Foundation holds $99K in total assets with $21K in annual revenue. It awarded 5 grants totaling $20K in 2024.

Where does Luke 48 Foundation operate?

Luke 48 Foundation has awarded grants in Illinois, North Carolina, Ohio.

What size grants does Luke 48 Foundation award?

In 2024, Luke 48 Foundation awarded 5 grants totaling $20K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Luke 48 Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Luke 48 Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.