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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
Compare this foundation's grantees
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.