Mission
TO IMPROVE THE LIVES AND WELL BEING OF PERSONS WHO ARE BLIND, AND TO OFFER SUCH PERSONS OPPORTUNITIES FOR EDUCATION, TRAINING AND JOB RELATED SKILLS.
Public Charity
L C INDUSTRIES FOUNDATION
Based in Durham, NC, L C INDUSTRIES FOUNDATION operates as a Public Charity. The organization reported $10.8M in revenue, $1.7M in expenses, $81.4M in total assets for fiscal year 2025. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $26.7M.
EIN: 455200306
Durham, NC
Blind & Visually Impaired Centers
NTEE: P86
Latest filing: 2025
Total Revenue$10.8M
Total Expenses$1.7M
Total Assets$81.4M
Grant Records10
Funding Total$26.7M
Filing Years2021–2025
Where $100 goes at L C Industries Foundation
How L C Industries Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$93
The foundation supports its parent organization, lc industries, inc., By making grants to charitable organization that support individuals who are blind
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Program Support
$2,750,000
Program Support
$1,750,000
OPERATIONAL SUPPORT
$1,750,000
CMMC GRANT
$10,000
OPERATIONAL SUPPORT
$2,200,000
Showing up to 5 of 10 total records — full history available with membership.
Officers & Directors
Secretary
John Janes
Board Member
Patrick Lindsey
President
William Hudson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $10.8M | $1.7M | $81.4M |
| 2024 | $1.9M | $1.6M | $73.1M |
| 2023 | $3.0M | $2.3M | $68.3M |
| 2022 | $852K | $1.4M | $64.6M |
| 2021 | $7.5M | $2.3M | $70.2M |
Between 2021 and 2025, reported annual revenue grew from $7.5M to $10.8M (+45%), with total assets most recently reported at $81.4M.
Interactive year-over-year charts and full filing details available with membership.