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The Michael H Ludwig Memorial Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261515562 ✦ Mamaroneck, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Michael H Ludwig Memorial Foundation?

The Michael H Ludwig Memorial Foundation is a nonprofit organization that focuses on funding research related to congenital heart conditions in children. Their primary mission is to provide financial support for the acquisition of necessary equipment and conduct medical studies in this field. By doing so, they aim to contribute to the advancement of knowledge and potential treatments for children with these heart conditions. This foundation plays a crucial role in the medical community by backing research efforts, ultimately benefiting the lives of affected children.

Is The Michael H Ludwig Memorial Foundation legitimate?

The Michael H Ludwig Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Michael H Ludwig Memorial Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of The Michael H Ludwig Memorial Foundation?

The Michael H Ludwig Memorial Foundation's mission is centered around supporting medical research in the field of congenital heart conditions in children. Specifically, they provide funding for both research equipment and studies related to these conditions. The primary goal is to contribute to advancements in understanding and treating congenital heart conditions in children, ultimately aiming to improve their overall health and wellbeing.

Who is the CEO of The Michael H Ludwig Memorial Foundation?

Unavailable

What is the revenue of The Michael H Ludwig Memorial Foundation?

The Michael H Ludwig Memorial Foundation's revenue in 2021 was $605.

Who are the executives of The Michael H Ludwig Memorial Foundation and what are their salaries?


Here are 2 key members and their salaries:


Lisa Nelson Ludwig (Director, President & Secr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edmund V Ludwig Jr (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Michael H Ludwig Memorial Foundation?

The Michael H Ludwig Memorial Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of The Michael H Ludwig Memorial Foundation

The Michael H Ludwig Memorial Foundation is dedicated to advancing medical research in the field of congenital heart conditions in children. This nonprofit organization focuses on providing funding for both research equipment and studies related to these conditions. By investing in this area, it aims to contribute to a better understanding of congenital heart diseases and potentially develop new treatments or interventions. The mission of The Michael H Ludwig Memorial Foundation is to improve the lives of children affected by these heart conditions, ultimately working towards a future with more effective treatments and better health outcomes.

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Impact




October, 2024

The Michael H Ludwig Memorial Foundation has made a significant impact by providing critical funding for research and equipment focused on congenital heart conditions in children. This support enhances the capabilities of medical researchers and institutions, fostering advancements in understanding, diagnosing, and treating these conditions effectively. By prioritizing funding for medical research, the foundation plays a vital role in improving outcomes for affected children, advancing medical knowledge, and ultimately contributing to better healthcare practices in the field of pediatric cardiology. Its efforts help bridge gaps in resources that can lead to innovative treatments and increased awareness surrounding congenital heart defects. Through its dedicated mission, the foundation is instrumental in creating a lasting positive change in the lives of children and families facing these challenges.




This information is meant to be a general summary of The Michael H Ludwig Memorial Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$605 (2021)
20112012201320142015201620172018201920202021$0$15,000$30,000$45,000$60,000
Expenses
$15,000 (2021)
20112012201320142015201620172018201920202021$0$15,000$30,000$45,000$60,000
Efficiency
201120122013201420152016201720182019202020210%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $95
  • Gross Receipts: $605

Assets and Liabilities:

  • Total Assets: $362,523
  • Total Liabilities: $0
  • Net Assets: $362,523

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Organization Details

Main Address

ONE WELL HOUSE CLOSE, MAMARONECK, NY, 10543

NTEE Category

Code: T30 - Philanthropy

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