Liabilities / Assets
47th percentile
Higher debt load relative to assets than 47% of similar nonprofits.
EIN 47-1259796 • 501(c)3 • Sumter, SC
Profile
Is to encourage, support and conduct programs and activities that open opportunities and create pathways to improved quality of life for individuals and families that have not been able to fully benefit from the american dream
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
47th percentile
Higher debt load relative to assets than 47% of similar nonprofits.
Liabilities / Revenue
47th percentile
Higher debt load relative to revenue than 47% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Assets
Up$535,320
Up $62,868 (+13%) from 2024
Liabilities
Up$5,239
Up $3,501 (+201%) from 2024
Net Assets
Up$530,081
Up $59,367 (+13%) from 2024
Revenue
Up$484,229
Up $306,857 (+173%) from 2024
Expenses
Up$424,865
Up $224,239 (+112%) from 2024
Net Income
Up$59,364
Up $82,618 (+355%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
Is to encourage, support and conduct programs and activities that open opportunities and create pathways to improved quality of life for individuals and families that have not been able to fully benefit from the american dream
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $401,215 | $393,982 | ▼ $7,233 |
| Cash and Non-Interest-Bearing Accounts | $60,260 | $129,459 | ▲ $69,199 |
| Accounts Receivable | $10,977 | $11,879 | ▲ $902 |
| Total Assets | $472,452 | $535,320 | ▲ $62,868 |
| Liabilities | |||
| Other Liabilities | $1,738 | $5,239 | ▲ $3,501 |
| Total Liabilities | $1,738 | $5,239 | ▲ $3,501 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $470,714 | $530,081 | ▲ $59,367 |
| Total Net Assets Fund Balance | $470,714 | $530,081 | ▲ $59,367 |
| Total Liabilities and Net Assets / Fund Balance | $472,452 | $535,320 | ▲ $62,868 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $-32,977 | $44,213 | $11,236 |
| Buildings | $408,959 | - | - |
| Land | $18,000 | - | - |
| Name | Title |
|---|---|
| JAMES V WILSON Sr | Board Chair |
| Erin J Wilsonjames | Vice Boardpresident |
| RODNEY RICHBURG Sr | Board Member |
| Shelia J Bradshaw | Board Member |
| Anderson Thomas | Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $395,185 |
| Other Expenses | $29,680 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $395,185 | - | - | $395,185 |
| Depreciation Depletion | $7,233 | - | - | $7,233 |
| Office Expenses | $169 | $4,058 | - | $4,227 |
| Other Expenses | - | $2,895 | - | $2,895 |
| Insurance | - | $1,552 | - | $1,552 |
| Fees for Services Legal | - | $1,027 | - | $1,027 |
| Total Functional Expenses | $402,587 | $22,278 | $0 | $424,865 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Morris College | Sumter, SC | 501 C3 | Scholoships | $308,544 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Secuirity deposits | $5,101 |
| Due to UBI | $138 |
“NA”
“Each board member was given a copy of the 2021 990 for their review before filing”
“Article vii found in the bylaws for lou von family foundation details their policy on conflict of interest. Any director,officer or key employee who has an interest in a contract or other transaction presented to the board of directors of louvon family foundation inc or a committee thereof for the authorization, approval or ratificaion shall make aprompt and full disclosure of his interest to the board or executive committee prior to it acting on such contract or transaction such disclosure shall include any relevant and material fact known to such person about the contract or transaction, which might reasonably be construed to be adverse to the corporations interest.”
“Members of the board of directors of lou-von family foundation,inc. Shall not be compensated in any capacity other than as a board member for reasonable expenses in the performance of professional services for which compensation is normally paid. The board member shall remove himself or herself from the voting process when determinations of compensation, benefits, etc. Are made, and shall be paid at a level of compensation/salaries reasonable for the services rendered. Should the services provided extend beyond a thirty (30) day period the board member shall resign from the board of directors.”
“Members of the board of directors of lou-von family foundation inc. Shall be compensated in any capacity other than as a board member for reasonable expenses in the performance of professional services for which compensation is normally paid. The board member shall remove himself or herself from the voting process when determinations of compensation, benefits, etc. Are made, and shall be paid at a level of compensation/salaries reasonable for the services rendered. Should the services provided extend beyond a thirty (30) day period the board member shall resign from the board of directors.”
“Section 6.9. Publication. Notice of board of directors meetings along with other activities of the corporation shall be published in any newsletter or other document that may be published by the corporation for general distribution section 6.10. Duly noticed. The board of directors and any other persons who require notices of meetings of the board will be duly notified if notices of meetings are contained within reports, newsletters, magazines, mail, emails or electronic publication if addressed or delivered to the address on file for that person with the corporation at the time of notice. Section 6.11. Public notice. Notice of the annual meeting of the corporation and of any special meetings to which the public is to be invited shall be communicated by a newspaper”
“The entity has purchased homes and renovated them to provide housing at below fair market rents. The income generated from theses properities will be used for the tax exempt purpose of the louvon family foundation.”
“The Beautiful Possibilities Scholarship Initiative at Morris College is a privately funded scholarship award program aimed at supporting underrepresented students who strive for a college education but dont have the financial means by which to attend. The number of students from minority backgrounds that have the desire and academic standing, has more than tripled in the state of South Carolina. These students are more times than not, the first person in their families that have performed at an academic level that should ensure their college attendance. However, lack of funds and little or no financial resources can act as a deterrent to students seeking to better themselves through higher education. By offering these students a full scholarship which underwrites their tuition, room NOT SURE”
“Programs for our tax exempt purpose is picking back up again now that Covid seems to be under control.”
“NA”
“THE CHANGE IN NET ASSETS ARE DUE TO THE SALE OF THE 5200 MIDDLETON STREET PROPERTY. IN LINE WITH THE TAX EXEMPT PURPOSE OF THE LVFF,THE PROPERTY WAS SOLD TO A FAMILY THAT HAS NOT BEEN ABLE TO FULLY BENEFIT FROM THE AMERICAN DREAM, WHICH IS TO BE A HOME OWNER IN AMERICA. Rounding”
“Lawn Maintenance 800.00 Rent Parking Utilities 3290.00”
“Adjustment for Earnest Money for Sale of Asset 5200 Middleton Street”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 10977 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 11879 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | IS TO ENCOURAGE, SUPPORT AND CONDUCT PROGRAMS AND ACTIVITIES THAT OPEN OPPORTUNITIES AND CREATE PATHWAYS TO IMPROVED QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES THAT HAVE NOT BEEN ABLE TO FULLY BENEFIT FROM THE AMERICAN DREAM |
| IRS990/AllOtherContributionsAmt | 0 | 448689 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JAMES V WILSON Sr |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8039837448 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 2395 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Sumter |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29150 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 60260 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 129459 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 448689 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 395185 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 29680 |
| IRS990/CYOtherRevenueAmt | 0 | 35540 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 59364 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 424865 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 484229 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 7233 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7233 |
| IRS990/Desc | 0 | BEAUTIFUL POSSIBILITIES SCHOLARSHIP INITIATIVE FOR VARIOUS COLLEGES The Beautiful Possibilities Scholarship Initiative award program aimed at supporting underrepresented students who strive for a college education but dont have the financial means by which to attend. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 320459 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1027 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1027 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JAMES V WILSON Sr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SHELIA J BRADSHAW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RODNEY RICHBURG Sr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ERIN J WILSONJAMES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ANDERSON THOMAS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE BOARDPRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2014 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 395185 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 395185 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 484229 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 35540 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1552 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1552 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 44213 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 401215 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 393982 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 438195 |
| IRS990/LegalDomicileStateCd | 0 | SC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | IS TO ENCOURAGE, SUPPORT AND CONDUCT PROGRAMS AND ACTIVITIES THAT OPEN OPPORTUNITIES AND CREATE PATHWAYS TO IMPROVED QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES THAT HAVE NOT BEEN ABLE TO FULLY BENEFIT FROM THE AMERICAN DREAM |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 470714 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 530081 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 35540 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 35540 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 470714 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 530081 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4058 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 169 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4227 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 3 |
| IRS990/OtherExpensesGrp/Desc | 0 | TAXES |
| IRS990/OtherExpensesGrp/Desc | 1 | OUTSIDE CONTRACTING |
| IRS990/OtherExpensesGrp/Desc | 2 | FACILITIES AND EQUIPMENT |
| IRS990/OtherExpensesGrp/Desc | 3 | UTILITIES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8244 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 890 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 3612 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 2895 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8244 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 890 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3612 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2895 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1738 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 5239 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 524298 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 531390 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | INSURANCE CLAIM BY PAYO |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Retained Security Depos |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JAMES V WILSON Sr |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 532000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MORTGAGE INTEREST |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The LouVon Family Foundation addresses the quality of life for the underprivileged members of the community as a whole with specific attention dedicated to our senior citizens. In addition to financial support provided to persons in need of medical attention , pharmacy needs, heating and air conditioning, clothing and assistance with housing needs, LouVon has partnered with local groups and organizations whose mission is same or similar but have more financial means than we have for projects that need additional financing. Additionally, we are strengthening our partnerships with the mental health community as well as other resources that can offer more concentrated support to include licensed practitioners in health fields. We are experiencing an increase in requests for support and assistance in areas such as depression, juvenile mental health, homelessness and care for mentally challenged youth. These request can range from office visits to daycare an |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 43036 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | COATS FOR KIDS IS A PROGRAM GIVES BRAND NEW COATS TO CHILDREN IN THE SUMTER COMMUNITY AND THE OUTLYING COUNTIES. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 19180 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | CHRISTMAS FOR NEEDY FAMILIES |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 1 | FEEDING THE HOMLESS |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 14257 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 1 | 5655 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 153950 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 154989 |
| IRS990/PYOtherExpensesAmt | 0 | 45637 |
| IRS990/PYOtherRevenueAmt | 0 | 22856 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 566 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -23254 |
| IRS990/PYTotalExpensesAmt | 0 | 200626 |
| IRS990/PYTotalRevenueAmt | 0 | 177372 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 59364 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 35540 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 448689 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 153950 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 30372 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 339837 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 192875 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1165723 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 35540 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20613 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44240 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6450 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 31722 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 138565 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.89380 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1165723 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 448689 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 153950 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 30372 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 339837 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 192875 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1165723 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1304288 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 408959 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 408959 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | -32977 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 44213 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 11236 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 18000 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 18000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 5101 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 138 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Secuirity deposits |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Due to UBI |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 393982 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 5239 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 308544 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501 C3 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | SCHOLOSHIPS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | MORRIS COLLEGE |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 576000734 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 100 COLLEGE ST |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Sumter |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 29150 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | CASH |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ENTITY HAS PURCHASED HOMES AND RENOVATED THEM TO PROVIDE HOUSING AT BELOW FAIR MARKET RENTS. THE INCOME GENERATED FROM THESES PROPERITIES WILL BE USED FOR THE TAX EXEMPT PURPOSE OF THE LOUVON FAMILY FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH BOARD MEMBER WAS GIVEN A COPY OF THE 2021 990 FOR THEIR REVIEW BEFORE FILING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ARTICLE VII FOUND IN THE BYLAWS FOR LOU VON FAMILY FOUNDATION DETAILS THEIR POLICY ON CONFLICT OF INTEREST. ANY DIRECTOR,OFFICER OR KEY EMPLOYEE WHO HAS AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OF DIRECTORS OF LOUVON FAMILY FOUNDATION INC OR A COMMITTEE THEREOF FOR THE AUTHORIZATION, APPROVAL OR RATIFICAION SHALL MAKE APROMPT AND FULL DISCLOSURE OF HIS INTEREST TO THE BOARD OR EXECUTIVE COMMITTEE PRIOR TO IT ACTING ON SUCH CONTRACT OR TRANSACTION SUCH DISCLOSURE SHALL INCLUDE ANY RELEVANT AND MATERIAL FACT KNOWN TO SUCH PERSON ABOUT THE CONTRACT OR TRANSACTION, WHICH MIGHT REASONABLY BE CONSTRUED TO BE ADVERSE TO THE CORPORATIONS INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MEMBERS OF THE BOARD OF DIRECTORS OF LOU-VON FAMILY FOUNDATION,INC. SHALL NOT BE COMPENSATED IN ANY CAPACITY OTHER THAN AS A BOARD MEMBER FOR REASONABLE EXPENSES IN THE PERFORMANCE OF PROFESSIONAL SERVICES FOR WHICH COMPENSATION IS NORMALLY PAID. THE BOARD MEMBER SHALL REMOVE HIMSELF OR HERSELF FROM THE VOTING PROCESS WHEN DETERMINATIONS OF COMPENSATION, BENEFITS, ETC. ARE MADE, AND SHALL BE PAID AT A LEVEL OF COMPENSATION/SALARIES REASONABLE FOR THE SERVICES RENDERED. SHOULD THE SERVICES PROVIDED EXTEND BEYOND A THIRTY (30) DAY PERIOD THE BOARD MEMBER SHALL RESIGN FROM THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MEMBERS OF THE BOARD OF DIRECTORS OF LOU-VON FAMILY FOUNDATION INC. SHALL BE COMPENSATED IN ANY CAPACITY OTHER THAN AS A BOARD MEMBER FOR REASONABLE EXPENSES IN THE PERFORMANCE OF PROFESSIONAL SERVICES FOR WHICH COMPENSATION IS NORMALLY PAID. THE BOARD MEMBER SHALL REMOVE HIMSELF OR HERSELF FROM THE VOTING PROCESS WHEN DETERMINATIONS OF COMPENSATION, BENEFITS, ETC. ARE MADE, AND SHALL BE PAID AT A LEVEL OF COMPENSATION/SALARIES REASONABLE FOR THE SERVICES RENDERED. SHOULD THE SERVICES PROVIDED EXTEND BEYOND A THIRTY (30) DAY PERIOD THE BOARD MEMBER SHALL RESIGN FROM THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | SECTION 6.9. PUBLICATION. NOTICE OF BOARD OF DIRECTORS MEETINGS ALONG WITH OTHER ACTIVITIES OF THE CORPORATION SHALL BE PUBLISHED IN ANY NEWSLETTER OR OTHER DOCUMENT THAT MAY BE PUBLISHED BY THE CORPORATION FOR GENERAL DISTRIBUTION SECTION 6.10. DULY NOTICED. THE BOARD OF DIRECTORS AND ANY OTHER PERSONS WHO REQUIRE NOTICES OF MEETINGS OF THE BOARD WILL BE DULY NOTIFIED IF NOTICES OF MEETINGS ARE CONTAINED WITHIN REPORTS, NEWSLETTERS, MAGAZINES, MAIL, EMAILS OR ELECTRONIC PUBLICATION IF ADDRESSED OR DELIVERED TO THE ADDRESS ON FILE FOR THAT PERSON WITH THE CORPORATION AT THE TIME OF NOTICE. SECTION 6.11. PUBLIC NOTICE. NOTICE OF THE ANNUAL MEETING OF THE CORPORATION AND OF ANY SPECIAL MEETINGS TO WHICH THE PUBLIC IS TO BE INVITED SHALL BE COMMUNICATED BY A NEWSPAPER |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | The Beautiful Possibilities Scholarship Initiative at Morris College is a privately funded scholarship award program aimed at supporting underrepresented students who strive for a college education but dont have the financial means by which to attend. The number of students from minority backgrounds that have the desire and academic standing, has more than tripled in the state of South Carolina. These students are more times than not, the first person in their families that have performed at an academic level that should ensure their college attendance. However, lack of funds and little or no financial resources can act as a deterrent to students seeking to better themselves through higher education. By offering these students a full scholarship which underwrites their tuition, room NOT SURE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Programs for our tax exempt purpose is picking back up again now that Covid seems to be under control. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | NA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | THE CHANGE IN NET ASSETS ARE DUE TO THE SALE OF THE 5200 MIDDLETON STREET PROPERTY. IN LINE WITH THE TAX EXEMPT PURPOSE OF THE LVFF,THE PROPERTY WAS SOLD TO A FAMILY THAT HAS NOT BEEN ABLE TO FULLY BENEFIT FROM THE AMERICAN DREAM, WHICH IS TO BE A HOME OWNER IN AMERICA. Rounding |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Lawn Maintenance 800.00 Rent Parking Utilities 3290.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Adjustment for Earnest Money for Sale of Asset 5200 Middleton Street |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Unrelated business income explanation Part V line 3b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Significant program services not listed on prior year return Part III line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Cessation of or significant change to any program service Part III line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Explanation of why Form 720 was not filed Part V Line 14b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Explanation of other changes in net assets or fund balances Part XI line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | List of other expenses Part IX line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Part XI response or note to any line in Part XI |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 472452 |
| IRS990/TotalAssetsEOYAmt | 0 | 535320 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 472452 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 535320 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 448689 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 22278 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 402587 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 424865 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1738 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 5239 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1738 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 5239 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 470714 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 530081 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 19912 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 402587 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 35540 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 484229 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 12 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 472452 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 535320 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 2395 |
| IRS990/USAddress/CityNm | 0 | Sumter |
| IRS990/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/USAddress/ZIPCd | 0 | 29150 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES V WILSON SR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8037731838 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOUVON FAMILY FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOUV |
| ReturnHeader/Filer/EIN | 0 | 471259796 |
| ReturnHeader/Filer/InCareOfNm | 0 | % JAMES V WILSON SR |
| ReturnHeader/Filer/PhoneNum | 0 | 8037748000 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 2395 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Sumter |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29150 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 201690699 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GLOBAL TAX & BUSINESS SERVICES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1422 CAMDEN HIGHWAY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SUMTER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29153 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8037748000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | VIOLET SMITH EA |
| ReturnHeader/ReturnTs | 0 | 2026-02-07T16:18:14-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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