NonprofitsLudwig Institute For Shared Economic Progress

Public & Societal Benefit

Ludwig Institute For Shared Economic Progress

WASHINGTON, DC

Total revenue

$69

Total expenses

$54K

Net assets

$85K

Grants received

EIN

861970328

Tax year

2024

Mission

Improve the economic well-being of middle- and lower-income americans through research, education, policy, and advocacy.

Programs

2 programs

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.

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.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income
Other revenue$69
Total revenue$69

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$54K
Total expenses$54K
Total assets$85K
Net assets$85K

People

2 listed

NameRoleCompensation

EUGENE LUDWIG

DIRECTOR, PRESIDENT

Board

1 hrs/wk

CAROL LUDWIG

DIRECTOR, SECRETARY

Board

1 hrs/wk

Details

EIN861970328
NTEE codeW05
Subsection04
Ruling date2021-07
Formed2021
Employees0
Volunteers2
LUDWIG INSTITUTE FOR SHARED ECONOMIC PROGRESS — Mission, Financials & Grants Received | Grantivo