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Nonprofiteer
← LUDACRIS FOUNDATION

Form 990 for tax year 2023

Filed by LUDACRIS FOUNDATION.

Totals

Total revenue
$717,035
Total expenses
$989,771
Contributions and grants received
$717,035
Grants paid
$761,501
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$320,782
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$320,782
Program services expenses (Part IX)
$920,193
Management and general expenses
$69,289
Fundraising expenses
$289
Program service expenses (Part III)
$920,193

Program services were 93.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $717,035

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $598,501 · program services $598,501

  • 2 · Grants to domestic individuals

    total $163,000 · program services $163,000

  • 11b · Fees: legal

    total $2,128 · management and general $2,128

  • 11c · Fees: accounting

    total $5,083 · management and general $5,083

  • 11g · Fees: other

    total $32,625 · program services $24,425 · management and general $8,200

  • 12 · Advertising and promotion

    total $17,798 · program services $17,448 · management and general $350

  • 13 · Office expenses

    total $27,704 · program services $12,409 · management and general $15,006 · fundraising $289

  • 16 · Occupancy

    total $15,316 · management and general $15,316

  • 17 · Travel

    total $1,005 · program services $792 · management and general $213

  • 22 · Depreciation, depletion and amortization

    total $9,023 · management and general $9,023

  • 23 · Insurance

    total $5,711 · program services $58 · management and general $5,653

  • 24a · Other expenses: Production Expenses

    total $111,877 · program services $103,560 · management and general $8,317

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $370,292 · end of year $106,579

  • 10a · Land, buildings and equipment: cost or other basis

    $528,253

  • 10b · Land, buildings and equipment: accumulated depreciation

    $314,230

  • 10c · Land, buildings and equipment, net

    beginning of year $223,046 · end of year $214,023

  • 15 · Other assets

    beginning of year $180 · end of year $180

  • 27 · Net assets without donor restrictions

    beginning of year $593,518 · end of year $320,782

Mission and programs · 2023

Mission

"Helping youth help themselves" the Ludacris Foundation inspires youth through education and memorable experiences to live their dreams. Our efforts uplift youth, families, communities, and foster economic development. The Ludacris Foundation activities are focused in three key areas: leadership and education, healthy lifestyles, and Ludacares (letting youth and the community know we care).

Activities or mission (Part I)

"Helping youth help themselves" the Ludacris Foundation inspires youth through education and memorable experiences to live their dreams. (continued on Sch O)

  • Leadership and education pillar programs: Challenges youth to create a roadmap for their success by setting goals and taking specific actions toward meeting their goals to become great leaders and learn about the benefits of education to be successful: this program is designed to provide hands on and interactive experiences to improve leadership and decision-making skills. Key leadership, education experiences, andAccomplishments are: 1. Reached 10,000 plus students with a message of the role of education in achieving their dreams. Venues for delivering training and education include, celebrity panels, school visits, rap sessions in group homes and recreation centers. 2. Red carpet kids: reached over 500 youth. Working with major movie studios, sports and entertainment facilities, urban schools' principals, and teachers we provide red carpet experiences to youth. These a reward experiences and incentivize for successful school learning behaviors, for example exemplary school attendance, good grades, and conduct. The experiences also build self-esteem and confidence. The foundation's targeted schools are nationally recognized and targeted failing schools in Fulton and Clayton County. One the schools we work with has a 42% graduation rate. 3.developed and distributed via school and radio broadcast public service announcements to encourage and prepare students to meet or exceed state/national test scores in reading, English/language arts, mathematics, and science. 4 our back 2 school events. The event provides under-served youth with vision and dental checkups, haircuts, clothing, and school supplies. The purpose of this program is to raise self-esteem, prepare youth for a successful educational experience and "a great 1st day". This event has changed the lives of over 5,000 youth. Ludacris speakers to the youth each year to promote daily school attendance and the importance of education.

    Expenses $281,355 · Grants $141,501

  • Healthy lifestyles pillar programs: Is designed to guide and influence healthy eating and being physically active to improve the health of youth and the health of the planet. This program addresses issues such as nutritional health, physical activity, and childhood obesity. It also provides hands on learning experiences and encourages students to make small changes to improve health. Key healthy lifestyles experiences and accomplishments are: Healthy eating program: youth workshops with professional chefs to create foods that are healthy while learning more aboutFood preparation, healthy choices, and kitchen safety. Youth participate in a rap session at the end of each event to discuss everyday challenges and choices they face in making the right food choices. Over 500 youth have participated in this program which includes the following: a teaching garden- partnering with Carrie Steele Pitts Childrens home and habitat to plant, grow and harvest food there by creating sustainable agriculture in urban communities. The goal of the program is to provide organic food source to the school co-located on the children's home property. Make a splash: a partnership with USA swim foundation and DeKalb aquatics to teach a life skill, swim lessons. Drowning is the 2# reason for deaths in youth under 14 the cure to the epidemic, swim lessons. 75 youth participated in our swim program and thousands more were reach with our national social media awareness champaign. Talk about it text about it: HIV and runaway awareness and prevention programs in collaboration with the center for disease control, CDC, nelson Mandela, bono, and 1-800-runaway. Our messages build awareness and educate youth for prevention delivered via twitter, PSAs, and print ads. The messages reach millions.Planet green initiatives: Ludacris as a spokesperson shares "green tips" to educate youth on living environmentally friendly. We engage youth in earth day activities through educational events and by planting rain gardens.Rising star golf initiative was birthed during covid 19. To add more outdoor activities to youth this initiative creates experiences that build inner strength, self-confidence, and resilience. We engage with youth 5-17 I our effort include: sponsorship to utopian academy's golf program, drive, putt chip event hosted youth in fun and competitive day; creating and providing developmental opportunities to a youth golf cohort group of young talented youth. 150 youth participation Project cradles care serving pregnant and parenting families particular in high-risk areas this initiative launches in the Chicago area. The initiative provides, information, support and tangibles resources to families and mom. Families served 50.

    Expenses $70,000 · Grants $70,000

  • Ludacares pillar programs:Are opportunities during the year where the Ludacris foundation reaches out to under-served youth and communities to show that we care. Whether it's during the holidays, a special hospital visit, or responding to a local or national disaster, we are in the community with a hands-on approach. Ludacares is a Global program. Coats in the community: an annual event to provide coats to youth who would otherwise no haul fall/winter event giving coats and gloves to youth who would otherwise do without. When it gets extremely cool many youths are missing school because they do not have a warm coat. We work with school counsel's and Atlanta boys and girls' centers of hope to identify youth in need. 2. Give thanks. Give back.: an annual thanksgiving.Event held to provide thanksgiving dinners, food baskets, and drinks to those less fortunate. Annually we average over 500 food baskets to the community. 3. USO performances: special performances for service men around the world to show appreciation and build morale. 4. Make-a-wish foundation: this partnership allows us to work with the make-a-wish foundation to make wishesCome true for youth. 5.ludacrismas: an annual Christmas event to share the spirit of Christmas with those in need. At this holiday celebration, children receive toys, take a picture with Santa, attend craft workshops, and have a healthy lunch. LudacrismasEvents have been held in New York, Atlanta, Miami, Chicago, and Los Angeles.

    Expenses $86,061 · Grants $80,000 · Revenue $20,000

  • National programs public education and communication:Via web cast, tweets, snap chaps, Instagram and Facebook post reached over 10 million with social media campaigns on the following - violence abuse #stoptheviolence; fighting for clean air and greener communities, #earth day #greenforall; drowning prevention #makeasplash; obesity prevention #let'smove, #hiphopheathyheart and building ladders of opportunity for boys and young men of color #IamMBK.

    Expenses $482,777 · Grants $470,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Christopher Bridges

    Chairman

    Total calculated
    $0
    Hours/week
    1
  • Roberta Shields

    President

    Total calculated
    $0
    Hours/week
    1
  • Lisa Franklin

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Jini Thornton

    Treasurer

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
21 August 2024
IRS schema version
2023v5.1
Source object
202432349349301503

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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