Funder DirectoryLOUIS R DRAUGHON FOUNDATION
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Private foundation (trust)EIN 621147685Est. 1983-04

LOUIS R DRAUGHON FOUNDATION

BIRMINGHAM, AL 35202

Total Assets

$6.3M

FY 2024

Annual Giving

$254K

FY 2024

Grants Made

12

FY 2024

Avg Grant

$21K

FY 2024

Grant Range

$2K–$85K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$449K

Total Expenses

$396K

Qualifying Distributions

$278K

Distributable Amount

$315K

Min. Investment Return

$320K

Payout rate 88%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.88%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

12 grants

Grant sizes from minimum $2K through median $7K to maximum $85K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $350K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

64 grants

MAIN STREET CHURCH OF CHRIST
$365K
4 grants
FREED-HARDEMAN UNIVERSITY
$232K
4 grants
LIPSCOMB UNIVERSITY
$230K
4 grants
YMCA
$28K
3 grants
GOODPASTURE CHRISTIAN SCHOOL
$28K
4 grants
AGAPE
$28K
4 grants
STOKES BROWN PUBLIC LIBRARY
$21K
3 grants
EZELL-HARDING CHRISTIAN SCHOOL
$21K
3 grants

Grant Size Distribution

64 grants

<$10K
52
grants
$10–50K
1
grants
$50–250K
11
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

7 states

Tennessee
$1.1M
92% of total
District of Columbia
$28K
2% of total
Kentucky
$21K
2% of total
New Jersey
$17K
1% of total
Alabama
$10K
1% of total
Iowa
$9K
1% of total
Colorado
$5K
0% of total

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