CAROL AND GENE LUDWIG FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CAROL AND GENE LUDWIG FAMILY FOUNDATION (EIN 56-2305290)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-16
- IRS object ID
- 202211369349102821
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T10:18:49-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 NEW YORK AVE NW SUITE 1100 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562305290 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROL AND GENE LUDWIG FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CATHERINE KAPLUN | InCareOfNm |
| Business Name Control | CARO | BusinessNameControlTxt |
| Phone | 2023151815 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 17TH ST NW STE 430 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL LUDWIG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2023151815 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CAROL | PersonFirstNm |
| Person Last | LUDWIG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
| Preparation | 2022-05-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $206,036,755 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,686 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,686 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $531,629 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $531,629 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,926,487 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $68,903,754 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,926,487 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,224 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,403 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $11,477,026 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,469,205 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $215,417 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $215,417 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $88,981 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $88,981 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $125,514 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $31,227 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $94,287 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,217 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,608 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,608 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $112,717 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $112,717 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $100,000 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $1,314 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,314 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $121,029 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,614 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $116,415 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $780,189 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $43,449 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $636,739 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,501,780 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,501,780 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,281,969 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $43,449 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,138,519 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,195,057 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,425,756 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,116,873 | CashBOYAmt |
| Cash EOY | $1,500,189 | CashEOYAmt |
| Cash EOYFMV | $1,500,189 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $72,347,609 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $71,079,820 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $71,081,441 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $33,323,468 | CorporateStockBOYAmt |
| Corporate Stock EOY | $37,512,268 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $124,680,732 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,233,598 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $8,272,247 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $8,256,702 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $99,950 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $524,950 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $517,691 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Total Assets BOY | $115,121,498 | TotalAssetsBOYAmt |
| Total Assets EOY | $118,889,474 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $206,036,755 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $427,468 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $387 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $427,468 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $387 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $114,694,030 | RetainedEarningBOYAmt |
| Retained Earning EOY | $118,889,087 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $114,694,030 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $118,889,087 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $115,121,498 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $118,889,474 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $114,694,030 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,195,057 | ExcessRevenueOverExpensesAmt |
| Subtotal | $118,889,087 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $118,889,087 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $61,989,547 | $57,977,270 | $4,012,277 | $4,012,277 |
| LTCG DISTRIBUTIONS | P | $5,809,661 | $5,809,661 | $5,809,661 | |
| STCG DISTRIBUTIONS | P | $1,104,549 | $1,104,549 | $1,104,549 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,926,487 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $158,818 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $158,818 | SubtotalAmt |
| Tax Based On Investment Income | $158,818 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $168,327 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $168,327 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,509 | OverpaymentAmt |
| Applied To ES Tax | $9,509 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.LUDWIGFAMILYFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CATHERINE KAPLUN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2023151815 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 17TH STREET NW STE 430 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | LU | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CAROL LUDWIG | ||||||||
| 801 17TH ST NW STE 430 | WASHINGTON | DC | 20006 | PRESIDENT/SECRETARY/DIRECTOR | 10.0 | $0 | $0 | $0 |
| EUGENE A LUDWIG | ||||||||
| 801 17TH ST NW STE 430 | WASHINGTON | DC | 20006 | VP/TREASURER/DIRECTOR | 2.0 | $0 | $0 | $0 |
| ROBERT B BARNETT ESQ | ||||||||
| 801 17TH ST NW STE 430 | WASHINGTON | DC | 20006 | DIRECTOR | 0.1 | $0 | $0 | $0 |
| CATHERINE KAPLUN | ||||||||
| 801 17TH ST NW STE 430 | WASHINGTON | DC | 20006 | EXECUTIVE DIRECTOR | 20.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| MEGHAN BEHNKE | |||||||
| 801 17TH ST NW STE 430 | WASHINGTON | DC | 20006 | EDU PROGRAM OFFICER | 40.0 | $50,417 | $11,345 |
| DIANA SHINEMAN GUSTAFSSON | |||||||
| 801 17TH ST NW STE 430 | WASHINGTON | DC | 20006 | MED PROGRAM DIRECTOR | 40.0 | $165,000 | $73,023 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARNOLD & PORTER KAYE SCHOLER LLP | |||||
| 601 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20001 | LEGAL SERVICES | $210,420 |
| BELLWETHER EDUCATION PARTNERS INC | |||||
| 517 BOSTON POST ROAD 171 | SUDBURY | MA | 01776 | CONSULTING SERVICES | $75,000 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE LUDWIG INSTITUTE FOR SHARED ECONOMIC PROSPERITY'S MISSION IS TO IMPROVE THE ECONOMIC WELL-BEING OF MIDDLE- AND LOWER-INCOME AMERICANS THROUGH RESEARCH AND EDUCATION. | Description1Txt |
| Expenses1 | $47,848 | Expenses1Amt |
| Description2 | LISEP STRIVES TO USE ECONOMIC RESEARCH TO BETTER UNDERSTAND ECONOMIC GROWTH AND PROSPERITY AS THEY ARE ACTUALLY EXPERIENCED BY INDIVIDUALS FROM ALL WALKS OF LIFE. | Description2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $120,174,722 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $75,677,268 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $195,851,990 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $195,851,990 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,937,780 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $192,914,210 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,645,711 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,645,711 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $158,818 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $158,818 | TotalTaxAmt |
| Distributable Before Adj | $9,486,893 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $7,821 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $9,494,714 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $9,494,714 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,138,519 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $7,138,519 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,494,714 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $934,437 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $934,437 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,138,519 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $7,138,519 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $934,437 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $934,437 | ExcessDistributionCyovAppCYAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,421,758 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CAROL LUDWIG | ContributingManagerNm |
| Contributing Manager | EUGENE LUDWIG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (82 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADVOCATES FOR CHILDREN OF NEW YORK | |||||||
| 151 WEST 30TH ST | 5TH FLOOR | NEW YORK | NY | 10001 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| ALZHEIMER'S DRUG DISCOVERY FOUNDATION | |||||||
| 57 WEST 57TH ST | SUITE 904 | NEW YORK | NY | 10019 | PC | GENERAL OPERATING SUPPORT | $125,000 |
| AMERICAN COMPASS | |||||||
| 300 INDEPENDENCE AVE SE | WASHINGTON | DC | 20003 | PC | GENERAL OPERATING SUPPORT | $25,000 | |
| AMERICAN FRIENDS OF NEW COLLEGE | |||||||
| 5 GREAT VALLEY PARKWAY | SUITE 210 | MALVERN | PA | 19355 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| AMERICAN WRITERS MUSEUM FOUNDATION | |||||||
| 180 N MICHIGAN AVE | SUITE 300 | CHICAGO | IL | 60601 | PC | GENERAL OPERATING SUPPORT | $5,000 |
| BIG BROTHERS BIG SISTERS OF NYC | |||||||
| 757 3RD AVE | 20TH FLOOR | NEW YORK | NY | 10017 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| BIKES TOGETHER | |||||||
| 1060 OSAGE ST | Denver | CO | 80204 | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| BISHOP JOHN T WALKER SCHOOL FOR BOYS | |||||||
| 1801 MISSISSIPPI AVE SE | WASHINGTON | DC | 20020 | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| BOSTON UNIVERSITY | |||||||
| SPONSORED PROGRAMS | 25 BUICK ST | BOSTON | MA | 02215 | PC | SCIENTIFIC RESEARCH SUPPORT | $87,500 |
| BOYS AND GIRLS CLUB OF AMERICA | |||||||
| 1250 BROADWAY | NEW YORK | NY | 10001 | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| BREAD FOR THE CITY | |||||||
| 1525 7TH ST NW | WASHINGTON | DC | 20016 | PC | GENERAL OPERATING SUPPORT | $30,000 | |
| BRIGHT BEGINNINGS | |||||||
| 3418 4TH STREET SE | Washington | DC | 20032 | PC | General Operating Support | $50,000 | |
| BRYN MAWR COLLEGE | |||||||
| 101 N MERION AVE | BRYN MAWR | PA | 19010 | PC | GENERAL OPERATING SUPPORT | $30,000 | |
| BUILDING HOMES FOR HEROES | |||||||
| 4584 AUSTIN BLVD | ISLAND PARK | NY | 11558 | PC | GENERAL OPERATING SUPPORT | $15,000 | |
| CALVARY WOMEN'S SERVICES | |||||||
| 1217 GOOD HOPE RD SE | WASHINGTON | DC | 20020 | PC | GENERAL OPERATING SUPPORT | $25,000 | |
| CAPITAL AREA FOODBANK | |||||||
| 4900 PUERTO RICO AVE NE | WASHINGTON | DC | 20017 | PC | GENERAL OPERATING SUPPORT | $20,000 | |
| CASA FOR CHILDREN OF DC | |||||||
| 2201 EYE ST NE | SUITE 285 | WASHINGTON | DC | 20002 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| CHILDREN'S HEALTH FUND | |||||||
| 215 WEST 125TH ST | New York | NY | 10027 | PC | GENERAL OPERATING SUPPORT | $100,000 | |
| CITYBRIDGE EDUCATION | |||||||
| 600 NEW HAMPSHIRE AVE NW | WASHINGTON | DC | 20037 | PC | CITYWORKS DC PROGRAM | $100,000 | |
| COALITION FOR THE HOMELESS | |||||||
| 129 FULTON ST | NEW YORK | NY | 10038 | PC | GENERAL OPERATING SUPPORT | $30,000 | |
| COLLEGIATE DIRECTIONS INC | |||||||
| 4827 RUGBY AVE | BETHESDA | MD | 20814 | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| COLUMBIA UNIVERSITY | |||||||
| 630 WEST 168TH ST | PS 2-401 | NEW YORK | NY | 10032 | PC | SCIENTIFIC RESEARCH SUPPORT | $25,000 |
| COLUMBIA UNIVERSITY | |||||||
| 630 WEST 168TH ST | PS 2-401 | NEW YORK | NY | 10032 | PC | SCIENTIFIC RESEARCH SUPPORT | $183,750 |
| COMMUNITY FOUNDATION FOR NORTHERN VIRGINIA | |||||||
| 2940 HUNTER MILL RD | SUITE 201 | Oakton | VA | 22124 | General Operating Support | $10,000 | |
| ETHICAL CULTURE FIELDSTON SCHOOL | |||||||
| 33 CENTRAL PARK WEST | 5TH FLOOR | NEW YORK | NY | 10023 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| ETHOS DISCOVERY | |||||||
| PO BOX 1342 | WESTBOROUGH | MA | 01581 | PC | SCIENTIFIC RESEARCH SUPPORT | $40,000 | |
| EXPANDED SCHOOLS | |||||||
| 11 WEST 42ND ST | 3RD FLOOR | NEW YORK | NY | 10036 | PC | GENERAL OPERATING SUPPORT | $2,500 |
| FEDERAL CITY COUNCIL | |||||||
| 1310 L STREET NW | Washington | DC | 20005 | PC | General Operating Support | $15,000 | |
| FISHER HOUSE FOUNDATION | |||||||
| 12300 TWINBROOK PKWY | SUITE 410 | ROCKVILLE | MD | 20852 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| FOLGER SHAKESPEARE LIBRARY | |||||||
| 201 EAST CAPITAL ST SE | WASHINGTON | DC | 20003 | PC | GENERAL OPERATING SUPPORT | $20,000 | |
| FOOD BANK FOR NYC | |||||||
| 39 BROADWAY | 10TH FLOOR | NEW YORK | NY | 10006 | PC | GENERAL OPERATING SUPPORT | $30,000 |
| FREE MINDS BOOK CLUB & WRITING WORKSHOP | |||||||
| 1816 12TH ST NW | Washington | DC | 20009 | PC | General Operating Support | $5,000 | |
| FRIENDSHIP PLACE | |||||||
| 3655 CALVERT ST NW | WASHINGTON | DC | 20007 | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| GOD'S LOVE WE DELIVER | |||||||
| 166 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | PC | GENERAL OPERATING SUPPORT | $15,000 | |
| GREATER WASHINGTON COMMUNITY FOUNDATION | |||||||
| PO BOX 49010 | Baltimore | MD | 21297 | PC | GENERAL OPERATING SUPPORT | $5,000 | |
| HAITI OUTREACH PWOJE ESPWA | |||||||
| PO BOX 18767 | Rochester | NY | 14618 | PC | GENERAL OPERATING SUPPORT | $3,500 | |
| HARBOR HOMES OF MARTHA'S VINEYARD | |||||||
| PO BOX 4795 | VINEYARD HAVEN | MA | 02568 | PC | GENERAL OPERATING SUPPORT | $50,000 | |
| HARVARD MEDICAL SCHOOL | |||||||
| 401 PARK DR | SUITE 505 | BOSTON | MA | 02115 | PC | SCIENTIFIC RESEARCH SUPPORT | $442,402 |
| HENRY STREET SETTLEMENT | |||||||
| 265 HENRY ST | NEW YORK | NY | 10002 | PC | GENERAL OPERATING SUPPORT | $40,000 | |
| HUMANE RESCUE ALLIANCE | |||||||
| 71 OGLETHORPE ST NW | WASHINGTON | DC | 20011 | PC | GENERAL OPERATING SUPPORT | $20,000 | |
| INSTITUTE FOR SUSTAINABLE COMM (ISC) | |||||||
| 535 STONE CUTTERS WAY | MONTPELIER | VT | 05602 | PC | GENERAL OPERATING SUPPORT | $3,000 | |
| JOEY PIZZANO MEMORIAL FUND | |||||||
| 1019 CAMERON ST | Alexandria | VA | 22314 | PC | GENERAL OPERATING SUPPORT | $1,000 | |
| JOHNS HOPKINS UNIVERSITY | |||||||
| 5200 EASTERN AVE | SUITE 358 | BALTIMORE | MD | 21224 | PC | SCIENTIFIC RESEARCH SUPPORT | $105,000 |
| KELLERMANN FOUNDATION | |||||||
| PO BOX 832809 | NO N4327B | RICHARDSON | TX | 75083 | PC | GENERAL OPERATING SUPPORT | $80,000 |
| KENNEDY CENTER | |||||||
| PO BOX 101510 | Arlington | VA | 22210 | PC | GENERAL OPERATING SUPPORT | $4,000 | |
| KIPP DC | |||||||
| 2600 VIRGINIA AVE NW | SUITE 900 | WASHINGTON | DC | 20037 | PC | PERSISTENCE 2020-2021 SCHOOL YEAR | $240,000 |
| LITERACY LAB | |||||||
| 1400 16TH STREET NW | Washington | DC | 20036 | PC | GENERAL OPERATING SUPPORT | $1,500 | |
| MARTHA'S TABLE | |||||||
| PO BOX 70970 | WASHINGTON | DC | 20024 | PC | GENERAL OPERATING SUPPORT | $50,000 | |
| MARTHA'S VINEYARD COMMUNITY FOUNDATION | |||||||
| 4C COURNOYER ROAD | West Tisbury | MA | 02575 | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| MARTHA'S VINEYARD COMMUNITY SERVICES | |||||||
| 111 EDGARTOWN RD | SUITE 500 | VINEYARD HAVEN | MA | 02568 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| MARTHA'S VINEYARD HOSPITAL | |||||||
| DEVELOPMENT OFFICE | 1 HOSPITAL RD PO BOX 1477 | Oak Bluffs | MA | 02557 | PC | General Operating Support | $25,000 |
| MARTHA'S VINEYARD MUSEUM INC | |||||||
| 151 LAGOON POND RD | Vineyard Haven | MA | 02568 | PC | GENERAL OPERATING SUPPORT | $5,000 | |
| MEMORIAL SLOAN KETTERING | |||||||
| 1275 YORK AVENUE | New York | NY | 10065 | PC | GENERAL OPERATING SUPPORT | $5,251 | |
| MIRIAM'S KITCHEN | |||||||
| 2401 VIRGINIA AVE NW | WASHINGTON | DC | 20037 | PC | GENERAL OPERATING SUPPORT | $25,000 | |
| MIT PICOWER INST FOR LEARNING & MEMORY | |||||||
| 43 VASSAR STREET | BLDG 46 RM 1303K | CAMBRIDGE | MA | 02139 | PC | SCIENTIFIC RESEARCH SUPPORT | $603,750 |
| N STREET VILLAGE | |||||||
| 1333 N STREET NW | WASHINGTON | DC | 20005 | PC | GENERAL OPERATING SUPPORT | $50,000 | |
| NATIONAL ACADEMY FOUNDATION | |||||||
| 218 WEST 40TH ST | BLDG 4-204 | NEW YORK | NY | 10018 | PC | GENERAL OPERATING SUPPORT | $75,000 |
| NATIONAL CAPITAL POISON CENTER | |||||||
| 3201 NEW MEXICO AVE NW | SUITE 310 | WASHINGTON | DC | 20016 | PC | GENERAL OPERATING SUPPORT | $3,500 |
| NATIONAL DIVERSITY COALITION | |||||||
| 318 WESTLAKE CENTER | SUITE 270 | Daly City | CA | 94015 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| NATIONAL GALLERY OF ART | |||||||
| 2000B SOUTH CLUB DR | Landover | MD | 20785 | PC | GENERAL OPERATING SUPPORT | $6,000 | |
| NATIONAL HOMELESSNESS LAW CENTER | |||||||
| 2000 M ST NW | SUITE 750-E | WASHINGTON | DC | 20036 | PC | GENERAL OPERATING SUPPORT | $2,500 |
| NEW YORK COMMON PANTRY | |||||||
| 8 EAST 109TH ST | NEW YORK | NY | 10029 | PC | GENERAL OPERATING SUPPORT | $30,000 | |
| OPERATION SECOND CHANCE | |||||||
| 20251 CENTURY BLVD | SUITE 130 | GERMANTOWN | MD | 20874 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| PALISADES VILLAGE | |||||||
| 5200 CATHEDRAL AVE NW | WASHINGTON | DC | 20016 | PC | GENERAL OPERATING SUPPORT | $5,000 | |
| PANCREATIC CANCER ACTION NETWORK | |||||||
| 1500 ROSECRANS AVE | Manhattan Beach | CA | 90266 | PC | GENERAL OPERATING SUPPORT | $1,000 | |
| PARTNERSHIP FOR PUBLIC SERVICE | |||||||
| 600 14TH ST NW | SUITE 600 | WASHINGTON | DC | 20005 | PC | GENERAL OPERATING SUPPORT | $8,000 |
| PAUL TAYLOR DANCE FOUNDATION | |||||||
| 551 GRAND ST | SUITE 500 | NEW YORK | NY | 10002 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| SAFE HORIZON | |||||||
| 2 LAFAYETTE ST | NEW YORK | NY | 10007 | PC | GENERAL OPERATING SUPPORT | $2,500 | |
| SHERRIF'S MEADOW | |||||||
| PO BOX 1088 | 3RD FLOOR | VINEYARD HAVEN | MA | 02568 | PC | GENERAL OPERATING SUPPORT | $50,000 |
| SOME (SO OTHERS MIGHT EAT) | |||||||
| 71 O ST NW | WASHINGTON | DC | 20001 | PC | GENERAL OPERATING SUPPORT | $100,000 | |
| STANFORD UNIVERSITY | |||||||
| 485 BROADWAY MAIL CODE 8838 | REDWOOD CITY | CA | 94063 | PC | SCIENTIFIC RESEARCH SUPPORT | $262,500 | |
| TEACH FOR AMERICA | |||||||
| 1805 7TH ST NW | WASHINGTON | DC | 20001 | PC | GENERAL OPERATING SUPPORT | $25,000 | |
| THE BOWERY MISSION | |||||||
| PO BOX 2000 | MURRAY HILL STATION | NY | 10156 | PC | GENERAL OPERATING SUPPORT | $30,000 | |
| THE MISSION CONTINUES | |||||||
| PO BOX 776792 | Chicago | IL | 60677 | PC | GENERAL OPERATING SUPPORT | $7,500 | |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO | |||||||
| 505 PARNASSUS AVE | San Francisco | CA | 94143 | PC | SCIENTIFIC RESEARCH SUPPORT | $680,933 | |
| VINEYARD OPEN LAND FOUNDATION | |||||||
| PO BOX 4608 | Vineyard Haven | MA | 02568 | PC | GENERAL OPERATING SUPPORT | $1,000 | |
| WASHINGTON UNIVERSITY ST LOUIS | |||||||
| 1 BROOKINGS DR | St Louis | MO | 63130 | PC | SCIENTIFIC RESEARCH SUPPORT | $618,125 | |
| YALE LAW SCHOOL | |||||||
| 157 CHURCH ST | NEW HAVEN | CT | 06510 | PC | EAL FLEX FACULTY FUND | $200,000 | |
| YALE SCHOOL OF MEDICINE | |||||||
| PO BOX 2038 | NEW HAVEN | CT | 06521 | PC | SCIENTIFIC RESEARCH SUPPORT | $1,148,069 | |
| YORK COUNTY FOOD BANK | |||||||
| 254 WEST PRINCESS ST | YORK | PA | 17401 | PC | GENERAL OPERATING SUPPORT | $5,000 | |
| YORK SUBURBAN EDUCATION FOUNDATION | |||||||
| 1800 HOLLYWOOD DR | York | PA | 17403 | PC | GENERAL OPERATING SUPPORT | $1,000 | |
| YOU'VE GOT A FRIEND INC | |||||||
| PO BOX 1317 | WEST TISBURY | MA | 02575 | PC | GENERAL OPERATING SUPPORT | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,501,780 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,686 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $531,629 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,926,487 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| ROYALTY INCOME | 15 | $8,403 |
| GRANT RECOVERIES | 01 | $7,821 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $11,477,026 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $11,477,026 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUDWIG INSTITUTE FOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(4) | OrganizationTypeDesc |
| Relationship Description | COMMON DIRECTORS | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PRICEWATERHOUSECOOPERS LLP | CategoryTxt |
| Amt | $15,217 | Amt |
| Net Investment Income | $7,608 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,608 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PURSUANT TO THE DISTRICT OF COLUMBIA OFFICE OF TAX AND REVENUE OTR NOTICE 2009-01, EFFECTIVE DECEMBER 12, 2008, DISTRICT OF COLUMBIA NONPROFITS ARE NO LONGER REQUIRED TO FILE FORM 990 (AND THE FEDERAL FORM 990-PF AS CONFIRMED WITH THE DC OFFICE OF TAX AND REVENUE). THE NOTICE STATES THAT "THE REQUIREMENT WAS ELIMINATED TO EASE THE ADMINISTRATIVE BURDEN ON BOTH THE AGENCY AS WELL AS NONPROFIT ORGANIZATIONS. THE INFORMATION ON FORM 990-PF IS AVAILABLE TO THE OFFICE OF TAX AND REVENUE FROM OTHER SOURCES." | ExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 990-PF, PART II, LINE 10B - CORPORATE STOCK | FORM 990-PF, PART II, LINE 10B - CORPORATE STOCK | DESCRIPTION ENDING BOOK VALUE ENDING FMV BERSHIRE HATHAWAY INC-CL A 7,311,049. 49,122,158. COLUMBIA SLGMN GL TECH-A 31,632,250. 70,437,446. INVESCO S&P SMALL CAP (PSCT) 2,634,883. 9,817,751. ADOBE INC -179,061. -281,745. APPLE INC -277,012. -178,710. BLACKROCK INC -200,390. -211,825. BROADCOM INC -246,084. -58,725. COINBASE GLOBAL INC -362,927. -222,780. COINBASE GLOBAL INC -499,130. -675,000. DOCUSIGN INC -306,476. -1,200,600. ELECTRONIC ARTS INC -390,831. -460,785. FEDEX CORP -165,115. -180,300. FEDEX CORP -292,708. -5,100. GOLDMAN SACHS GROUP INC -262,113. -314,685. GOLDMAN SACHS GROUP INC -292,004. -295,240. JPMORGAN CHASE & CO -196,999. -223,095. JPMORGAN CHASE & CO -225,194. -282,500. MERK & CO INC -169,868. -105,534. ---------- ---------- INVESTMENTS - CORPORATE STOCK 37,512,268. 124,680,732. ============ ============ |
| FORM 990-PF, PART VI-A, LINE 3 | FORM 990-PF, PART VI-A, LINE 3 | THE FOUNDATION'S NAME WAS CHANGED FROM "THE LUDWIG FAMILY FOUNDATION, INC." TO "CAROL AND GENE LUDWIG FAMILY FOUNDATION" EFFECTIVE AS OF APRIL 29, 2021. A CONFORMED COPY OF THE ARTICLES OF AMENDMENT OF DOMESTIC NONPROFIT CORPORATION HAS ALREADY BEEN PROVIDED TO THE INTERNAL REVENUE SERVICE AND, AS OF THE DATE OF FILING OF THIS 2021 FORM 990-PF, RETURN OF PRIVATE FOUNDATION OR SECTION 4947(A)(1) TRUST TREATED AS PRIVATE FOUNDATION, THE FOUNDATION'S NEW NAME ALREADY IS REFLECTED ON THE IRS EXEMPT ORGANIZATIONS BUSINESS MASTER FILE EXTRACT. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | JPM MANAGED INCOME FD-USD-L | BondNm |
| EOY Book Value | $8,272,247 | EOYBookValueAmt |
| EOYFMV | $8,256,702 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE GENERAL EXPLANATION ATCH | StockNm |
| EOY Book Value | $37,512,268 | EOYBookValueAmt |
| EOYFMV | $124,680,732 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SFRE | AT COST | $99,950 | $92,691 |
| GATEHOUSE BIO, INC. | $425,000 | $425,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ARNOLD & PORTER KAYE SCHOLER | $125,280 | $31,227 | $94,053 |
| COVINGTON & BURLING LLP | $234 | $234 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LISEP PROGRAM EXPENSES | $21,990 | $0 | $0 | $21,990 |
| INSURANCE | $15,380 | $4,614 | $0 | $10,766 |
| PAYROLL & ADMINISTRATIVE FEES | $3,500 | $0 | $0 | $3,500 |
| TECHNOLOGY | $74,954 | $0 | $0 | $74,954 |
| MISCELLANEOUS | $5,205 | $0 | $5,205 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ROYALTY INCOME | $8,403 | $8,403 |
| GRANT RECOVERIES | $7,821 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER LIABILITIES | Desc |
| BOY Book Value | $427,468 | BOYBookValueAmt |
| EOY Book Value | $387 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEADERFIT, LLC (CONSULTING) | CategoryTxt |
| Amt | $112,717 | Amt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $112,717 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $100,000 | Amt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUDWIG INSTITUTE FOR SHARED ECON PROSP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 17TH ST NW STE 430 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 861970328 | EIN |
| Desc | LUDWIG INSTITUTE FOR SHARED ECON. PROSP. IS NOT AN EXCESS BUSINESS HOLDING. | Desc |
| Amt | $0 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |