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Filing year 2024

CAROL AND GENE LUDWIG FAMILY FOUNDATION

Washington, District of Columbia·EIN 56-2305290·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$32M
Total assets
$137.5M
Total expenses
$9.4M
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. CAROL AND GENE LUDWIG FAMILY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President/director
Secretary/treasurer/director
Director
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$8.2M

Itemized grants

51

Median grant

$25k

RecipientLocationPurposeAmount
YALE LAW SCHOOLNEW HAVEN, CTGENERAL OPERATING SUPPORT - GENERAL$3M
YALE SCHOOL OF MEDICINENEW HAVEN, CTGENERAL OPERATING SUPPORT - GENERAL$1.4M
UNIVERSITY OF CALIFORNIA SAN FRANCISCOSAN FRANCISCO, CAGENERAL OPERATING SUPPORT - GENERAL$450k
HARVARD MEDICAL SCHOOLBOSTON, MAGENERAL OPERATING SUPPORT - GENERAL$446k
GLADSTONE INSTITUTESSAN FRANCISCO, CAGENERAL OPERATING SUPPORT - GENERAL$400k
BOSTON UNIVERSITYBOSTON, MAGENERAL OPERATING SUPPORT - GENERAL$383k
MIT PICOWER INSTITUTE FOR LEARNING AND MEMORYCAMBRIDGE, MAGENERAL OPERATING SUPPORT - GENERAL$210k
NEW YORK UNIVERSITY GROSSMAN SCHOOL OF MEDICINENEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$200k
WEILL CORNELL MEDICINENEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$200k
CHARLES R DREW UNIVERSITY OF MEDICINE AND SCIENCELOS ANGELES, CAGENERAL OPERATING SUPPORT - GENERAL$166k
BOTTOM LINEBOSTON, MAGENERAL OPERATING SUPPORT - GENERAL$150k
ADVOCATES FOR CHILDREN OF NEW YORKNEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$100k
HOSPITAL FOR SPECIAL SURGERY FOUNDATIONNEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$100k
INOVA HEALTH SYSTEMS FOUNDATIONFAIRFAX, VAGENERAL OPERATING SUPPORT - GENERAL$100k
MARTHA'S VINEYARD BANK CHARITABLE FOUNDATIONEDGARTOWN, MAGENERAL OPERATING SUPPORT - GENERAL$100k
NATIONAL ACADEMY FOUNDATIONNEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$100k
TEACH FOR ALLNEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$100k
USTA FOUNDATION INCORPORATEDPURCHASE, NYGENERAL OPERATING SUPPORT - GENERAL$80k
CITYWORKS DCWASHINGTON, DCGENERAL OPERATING SUPPORT - GENERAL$75k
THE METROPOLITAN MUSEUM OF ARTNEW YORK, NEGENERAL OPERATING SUPPORT - GENERAL$50k
NEW FUTURESWASHINGTON, DCGENERAL OPERATING SUPPORT - GENERAL$40k
I AM HOMENASHVILLE, TNGENERAL OPERATING SUPPORT - GENERAL$30k
UNIVERSITY OF CALIFORNIA SAN DIEGOSAN DIEGO, CAGENERAL OPERATING SUPPORT - GENERAL$26k
CITIZENS' COMMITTEE FOR CHILDREN NEW YORKNEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$25k
COUNCIL FOR ECONOMIC EDUCATIONNEW YORK, NYGENERAL OPERATING SUPPORT - GENERAL$25k
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Financial trend

Revenue and expenses over time

CAROL AND GENE LUDWIG FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9M
$11.9M
2023
$32M
$9.4M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in District of Columbia

CAROL AND GENE LUDWIG FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in District of Columbia earns a median of $125,449.

25th percentile
$37k
Median
$125,449
75th percentile
$254k
90th percentile
$390k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 208 organizations across 208 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for District of Columbia →
FAQ

Common questions about CAROL AND GENE LUDWIG FAMILY FOUNDATION

What are CAROL AND GENE LUDWIG FAMILY FOUNDATION's revenue and expenses?

In 2024, CAROL AND GENE LUDWIG FAMILY FOUNDATION reported $32M in total revenue and $9.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.