EIN 62-1147685

Louis R Draughon Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
State
Year formed
1983
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Louis R Draughon Foundation is a private foundation that primarily funds general support grants and general operating expenses. Last year, the foundation made 23 grants to organizations such as Main Street Church Of Christ. The foundation is located in Birmingham, AL.
Total revenues
$652,953
2023
Total expenses
$377,620
2023
Total assets
$4,469,728
2023
Num. employees
1
2023

Grants made by Louis R Draughon Foundation

GranteeGrant descriptionAmount
Freed-Hardeman University (FHU)General Support Grant$52,000
Lipscomb UniversityGeneral Operating$50,000
Paradise RanchGeneral Support Grant$7,000
...and 5 more grants made

Personnel at Louis R Draughon Foundation

NameTitle
Regions Bank TrusteeTrust Officer

Financials for Louis R Draughon Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$141,678
Net rental income$1,491
Net gain from sale of non-inventory assets$496,875
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$652,953

Form 990s for Louis R Draughon Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990PFView PDF
2022-122023-11-09990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-06-22990PFView PDF
2019-122021-07-20990PFView PDF
...and 8 more Form 990s

Organizations like Louis R Draughon Foundation

OrganizationLocationRevenue
The Paul and Dawn Sjolund FoundationSaint Paul, MN$234,916
Kingsport Aquatic ClubMount Carmel, TN$208,709
Urban Farming EducationPhoenix, AZ$363,522
One More SmithChester, NJ$234,250
Cloquet Amateur Hockey Womens AuxillaryCloquet, MN$215,493
Marcon FoundationRidgewood, NJ$600,005
Adoption LifeJacksonville, FL$830,816
Epilepsy Research FundAtlanta, GA$575,033
Resolute Protector FoundationWashington, VA$204,907
The Unity FoundationChicago, IL$166,000
Data update history
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 23, 2024
Updated personnel
Identified 2 new personnel
January 2, 2024
Used new vendors
Identified 1 new vendor, including
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 5, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
PO Box 11647
Birmingham, AL 35202
Metro area
Birmingham-Hoover, AL
County
Jefferson County, AL
Phone
(205) 820-3141
IRS details
EIN
62-1147685
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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