Niels a Lundgard & Ruth Lundgard Fdn

CINCINNATI, OH EIN: 31-6375418

The Niels A Lundgard & Ruth Lundgard Foundation is a private, non-operating foundation based in Cincinnati, Ohio. Established in 1991, the foundation operates as a charitable trust focused on grantmaking to qualified nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.4M

+0.9% YoY

Annual Giving

$292K

-3.8% YoY

Grant Count

22

+15.8% YoY

Avg Grant Size

$13K

-16.9% YoY

Under IRS private-foundation payout rules, Niels a Lundgard & Ruth Lundgard Fdn reported a distributable amount of $315K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations across multiple sectors including education, human services, philanthropy, and voluntarism. Grant programs include annual fund support, project/program support, general operating support, scholarships, and capital campaigns.

Grantmaking

The foundation accepts applications. Grantmaking is primarily limited to Miami County, Ohio residents.

Grant Range

$1,370–$48,708

Average Grant

amount: $17,000

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Ohio, with additional grantmaking in Texas and New York. Grantmaking reaches organizations across five states, with 88% of all grants concentrated in Ohio, Texas, and New York.

Grant Distribution by State

6states

Cities

AmarilloDallasDaytonHagerstownKetteringNyackOklahoma CityPiquaSidneySt PetersburgTipp CityTroyW Nyack

Financial History

Multi-year comparison from IRS filings

Assets & Revenue:

  • Total assets: $5,362,210
  • Annual income: $2.5 million
  • Total revenue: $429,425
  • Total expenses: $381,487
  • Giving rate: 5.7%

Historical Growth: Total assets have grown from $3.9 million in 2011 to $5.3 million in 2023. Annual giving has grown from $353,000 in 2020 to $614,000 in 2022.

Grantee Reach: The foundation has supported 33 unique organizations across its grantmaking history.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$159K$317K$476K$634K20202021202220232024
Metric202420232022
Total Assets$5,362,210$5,314,069$5,312,895
Revenue$429,425$364,786$79,105
Expenses$381,487$375,967$378,074
Qualifying Distributions$304,772$315,446$318,630
Net Investment Income$359,883$298,748$66,528
Distributable Amount$314,894$297,130$300,803

Giving Over Time

Total grant dollars and number of grants per year

$0$88K$177K$265K$353K16 grants202015 grants202119 grants202219 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UPPER VALLEY MEDICAL CEN…$33KPIQUA ARTS COUNCIL$25KFRIENDS OF THE PIQUA PUB…$20KCLEAR CREEK FARMS$18KCAL FARLEYS BOYS RANCH$17KAMERICAN CANCER SOCIETY …$15KMIAMI COUNTY DENTAL CLINIC$15KREHABILITATION CENTER FO…$15KTHE SALVATION ARMY$13KAMERICAN HEART ASSOCIATI…$13K

Grant Size Distribution

91 grants across all recorded years

90<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Upper Valley Medical Center Foundation ($32,625), Piqua Arts Council ($25,000), Friends of the Piqua Public Library ($20,000).

RecipientPurposeAmount
BOARD OF EDUCATION PIQUA SCHOOL DISTRICT PIQUA, OHPROJECT/PROGRAM SUPPORT$12,500
ISAIAHS PLACE INC TROY, OHPROJECT/PROGRAM SUPPORT$10,000
AMERICAN CANCER SOCIETY INC HAGERSTOWN, MDANNUAL FUND$15,236
THE SALVATION ARMY NYACK, NYANNUAL FUND$13,050
AMERICAN HEART ASSOCIATION INC DALLAS, TXANNUAL FUND$13,050
MIAMI COUNTY DENTAL CLINIC TROY, OHPROJECT/PROGRAM SUPPORT$15,000
REHABILITATION CENTER FOR NEUROLOGICAL PIQUA, OHPROJECT/PROGRAM SUPPORT$15,000
FRIENDS OF MAINSTREET PIQUA INC PIQUA, OHPROJECT/PROGRAM SUPPORT$7,850
YWCA PIQUA, OHANNUAL FUND$13,050
MIAMI COUNTY YMCA PIQUA, OHANNUAL FUND$13,050

Leadership & Key People

Leadership team and compensation from IRS filings

Fifth Third Bank N.A. serves as trustee, with reported compensation of $77,676 and approximately 1 hour per week of service.

Compensation Overview

From 2024 IRS filing

FIFTH THIRD BANK N ATRUSTEE$78K

From 2024 filing

NameTitleHoursCompensation
FIFTH THIRD BANK N ATRUSTEE1$77,676

Contact Information

Address: PO Box 630858, Cincinnati, OH 45263-0858

Phone: (513) 534-5310

EIN: 31-6375418

Frequently Asked Questions

What does Niels a Lundgard & Ruth Lundgard Fdn fund?

The foundation supports organizations across multiple sectors including education, human services, philanthropy, and voluntarism. Grant programs include annual fund support, project/program support, general operating support, scholarships, and capital campaigns.

How do I apply for a grant from Niels a Lundgard & Ruth Lundgard Fdn?

**Grant Activity:** • Total giving: $292,186–$304,772 (most recent filing) • Number of grants: 46 grants awarded • Grant range: $1,370–$48,708 • Median grant amount: $14,025 • Average grant amount: $17,000 **Grant Programs:** • Annual Fund: $16,733 average (19 recipients, last awarded 2024) • Project/Program Support: $11,318 average (18 recipients, last awarded 2024) • Program/Project Support: $10,375 average (5 recipients, last awarded 2024) • General Operating Support: $6,500 average (2 recip…

Where does Niels a Lundgard & Ruth Lundgard Fdn make grants?

The foundation primarily supports organizations in Ohio, with additional grantmaking in Texas and New York. Grantmaking reaches organizations across five states, with 88% of all grants concentrated in Ohio, Texas, and New York.

What size grants does Niels a Lundgard & Ruth Lundgard Fdn award?

In 2024, Niels a Lundgard & Ruth Lundgard Fdn awarded 22 grants totaling $292K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Niels a Lundgard & Ruth Lundgard Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Niels a Lundgard & Ruth Lundgard Fdn reported a distributable amount of $315K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Niels a Lundgard & Ruth Lundgard Fdn's EIN?

Niels a Lundgard & Ruth Lundgard Fdn's EIN (Employer Identification Number) is 31-6375418. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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