Ludwig and Lizette Fincke Endowment Fund

Analysis

Ludwig and Lizette Fincke Endowment Fund is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Ludwig and Lizette Fincke Endowment Fund reported income of $369k and spending of $58k, leaving 84% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $42k to $369k (+776%), an average of +54% a year. The sharpest change came in the year to July 2024, when income rose by 820%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ludwig and Lizette Fincke Endowment Fund sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Rotary Club of New Port Richey Fund Inc ($369k), Rotary District 6560 World Community Service Foundation Inc ($370k) and Lift Our Own Inc ($369k).

Compensation of current officers, directors and key employees was $9,011 (16% of expenses). At year end it held assets of $901k against liabilities of $0, net assets of $901k.