EIN 86-1970328

Ludwig Institute for Shared Economic Prosperity

IRS 501(c) type
501(c)(4)
Num. employees
0
Year formed
2021
Most recent tax filings
2022-12-01
Description
Ludwig Institute for Shared Economic Prosperity aims to improve the economic well-being of middle- and lower-income Americans through research, education, policy, and advocacy. It publishes and disseminates economic research and analysis widely to thought leaders, experts, policymakers, public officials, and the general public. The organization provides grants to nonprofit institutions that help low- and middle-income people succeed in life by offering low-interest small business loans or other forms of support.
Total revenues
$1,000,100
2022
Total expenses
$2,348,882
2022
Total assets
$243,837
2022
Num. employees
0
2022

Program areas at Ludwig Institute for Shared Economic Prosperity

Economic research and analysis - Ludwig Institute for Shared Economic Prosperity ("lisep") conducted Economic research and analysis to study the financial well-being of lower- and middle-income americans: the purpose of the research was to identify gaps in current Economic statistics and to propose and publish alternative metrics that provide a more nuanced view of Economic trends, with an emphasis on the daily realities that this population faces.
Provide grants to nonprofit institutions that help low- and middle-income people succeed in life. Lisep sought to grant funding to a couple of nonprofit institutions that could meaningfully help people in need of a low-interest small business loan or who needed gap funding to be able to continue with a skills training course at a community college. The purpose of the course is to gain the skills for better-paying employment but some students cannot go through with the training if they don't have funding for food and bills, which is what the lisep funding is intended for.
Publishing and disseminating Economic research and analysis: the main goal is to allow for the Economic research and analysis to be widely available to thought leaders, Economic experts, policymakers, public officials, and the general public. The forms of media where the findings would be include articles, newsletters, and lisep's website as well as news media, academic journals, podcasts, etc. Lisep hopes that the publication of new statistics will lead to traction amongst relevant audiences so they will better understand the Economic predicament of low- and middle-income americans.

Grants made by Ludwig Institute for Shared Economic Prosperity

GranteeGrant descriptionAmount
Grand Rapids Community College FoundationGeneral Support$148,500

Personnel at Ludwig Institute for Shared Economic Prosperity

NameTitleCompensation
Stephanie AllenExecutive Director$0
Eugene LudwigPresident$0
Catherine KaplunDirector , Treasurer$0
Carol LudwigDirector , Secretary$0

Financials for Ludwig Institute for Shared Economic Prosperity

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,000,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$100
Total revenues$1,000,100

Form 990s for Ludwig Institute for Shared Economic Prosperity

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-10-12990View PDF

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Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 18, 2023
Updated personnel
Identified 4 new personnel
May 11, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Social advocacy organizationsPublic sector nonprofitsHeadquarter / parent organizations
Issues
Public policy
Characteristics
State / local levelNo full-time employees
General information
Address
1700 Pennsylvania Ave NW Suite 500
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
lisep.org/ 
Phone
(202) 360-1052
IRS details
EIN
86-1970328
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W05: Public and Societal Benefit Research Institutes and Public Policy Analysis
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization
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